World News – Page 207
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NewsNot if, but when
There''s light at the end of Vietnam''s dark Cai Mep tunnel. Stevie Knight reports
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NewsLook beyond productivity
Portek is keen to develop supply chain partnerships to drive growth, finds Carly Fields
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NewsFatal attraction
East Asia might dominates the top ten box port lists, but it''s not all plain sailing, says Stevie Knight
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NewsIn second place
bremenports’ Dr Lars Stemmler considers how secondary ports can reliably attract private investment
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Chasing shadows
How will India respond to disquieting developments on its doorstep, asks Stevie Knight
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NewsSpanner in the works
One port deal has thrown off the delicate balance of New Zealand’s cargo movements.
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NewsNorthwest alliance keeps ports competitive
A Northwest Seaport Alliance has been approved by the Federal Maritime Commission (FMC) that will see the ports of Seattle and Tacoma collaborate on future planning to improve infrastructure and productivity.
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NewsGrup TCB acquires Castellón terminal
Grup TCB has bought up the Terminal Polivalente de Castellón (TPC) at the Port of Castellón, part of the operator’s strategic development and growth plan to consolidate its leading position in the Mediterranean.
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NewsCalifornian truck strike
Truckers serving the ports of Los Angeles and Long Beach have gone on strike again over allegations of unfair working practices.
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NewsLA’s zero emissions plan
The Port of LA has released a draft five-year action plan in which it details a steady move towards becoming a zero emissions port and how it will tackle technical and economic challenges to getting greener along the way.
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NewsNo quick fix for US port congestion
Port congestion continues to be a serious problem for economic growth in the US and worryingly a new report suggests there will be no obvious solutions or quick fix to the problem.
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NewsAPM Terminals eyes Greek port concessions
APM Terminals has confirmed that it is interested in buying up the Greek ports of Piraeus and Thessaloniki if they are selected for privatisation following the country’s latest EU bailout.
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NewsSri Lanka formally invites foreign investors
The Sri Lankan government is calling for expressions of interest for foreign investors to operate two new port terminals in a bid to promote the country’s growing maritime industry.
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Japan firms up Dawei support
Thailand, Japan, and Myanmar have agreed to develop the Dawei Special Economic Zone in Myanmar.
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NewsWikiLeaks: Saudi Arabia eyes Arabian Sea port
According to a document recently published on WikiLeaks, authorities in Saudi Arabia are looking for a new access point on the Arabian Sea. This implies either a port in the Sultanate of Oman or in Yemen.
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NewsEIB loans Spain €50m for port efficiency
Spain''s Minister for Economic Development, Ana Pastor, has accepted a loan amounting to €50m from the European Investment Bank (EIB).
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NewsSão Sebastião to offer new container concession
The Brazilian port of São Sebastião is to put out to tender a new terminal requiring investment of $317m as part of a second tranche of concessions being put together by the central government.
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NewsHutch scales back Australian services
Hutchison Ports Australia is to reduce its active bidding for services and reduce the size of offerings to customers, as it repositions after a difficult start-up period in Australia. A memo to business unit managers also announced that there will be employee lay-offs.
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Brookfield pounces on Asciano
Brookfield Infrastructure Group has moved to acquire ports operator Asciano in Australia. Asciano formally confirmed at the end of June it had received a non-binding bid to acquire 100% of its shares at a value of A$9.05 in cash and scrip (representing a fraction of a share).
