World News – Page 214
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NewsWestports profits up by 19%
The Malaysian operator Westports reports that its profits for the last quarter of 2013 were up by 19% on the previous year owing to increased container volume.
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NewsMiami construction progresses
The final option has been granted for the PortMiami harbour deepening project, which will see the port dredged to a depth of between 50 and 52 feet to accommodate post Panamax cargo ships.
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NewsTalks continue on Panama locks project
The new locks cost dispute at the Panama Canal is continuing as all parties try to come to an agreement meaning that the threat of suspension is still hanging in the air.
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NewsCountering the bargaining power of carriers
The port authorities of Seattle and Tacoma are joining forces to swap information in the face of increasing ship sizes and shipping alliances to help counter the bargaining power of carriers.
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Spanish ports need to cut rates and boost competitiveness
José Llorca, president of Spain''s National Ports Authority, has said that rates at Spanish ports will need to be reduced in 2014, while negotiations are also under way with dock workers to find savings.
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Vietnam urged to adopt double strategy
Vietnam is being urged to adopt a twofold strategy in tackling the problems in its port sector, a senior shipping source has said.
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NewsCork reveals redevelopment plans
Ireland’s Port of Cork Company has revealed its proposed redevelopment plans for Ringaskiddy to overcome berthing and landside capacity constraints and enable it to service larger and deeper vessels.
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NewsUS ports to feel the pinch
This year US ports could feel the pinch as container volume growth is expected to lag behind the historical norm, according to Moody’s 2014 Outlook report.
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NewsDP World clings on to throughput growth
DP World managed just a marginal 0.7% increase in global throughput in 2013, handling 55m teu across its facilities.
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Ports America welcomes pension fund investment
The debt facilities of Ports America and MTC Holdings have been refinanced to create a “single, unified capital structure”.
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Environmental appreciation for Georgia
The US Environmental Protection Agency has lauded Georgia Ports Authority’s efforts to reduce carbon emissions and awarded it a grant to build on its successes.
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‘Exciting and challenging’ year for PSA
PSA International celebrated a 2.9% increase in container handling volumes in 2013, handling 62m teu with growth at both its flagship Singapore hub and at terminals outside of the group’s home base.
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Chilean port strike finally over
On January 25, a preliminary agreement was reached in Chile to end the crippling port strike, which had paralysed most of the major ports, with the exception of Coquimbo and Valparaiso.
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Highway condition riles Taranaki truckers
A threatened 70kmh “go-slow” on State Highway 3 by Taranaki truckies appears to have been averted, but the Road Transport Association New Zealand (RTANZ) is nonetheless intending “strong protest” over the motorway’s condition.
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NewsLekki stake sold to CMA CGM
International Container Services (ICTSI) has sold a 25% stake of its Lekki LFTZ Enterprise (LICTSE) to CMA Terminals, part of the CMA CGM Group.
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NewsNew EU directive to mix things up
New EU rules on public procurement and concession contracts are set to ensure better quality and value for money when public authorities buy or lease works, goods or services.
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NewsTownsville berth out to tender
The Port of Townsville is seeking expressions of interest for a private operator for one of its berths, currently being used for general and breakbulk cargoes such as construction and mining materials and molasses.
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Australian box productivity reform success
The pay back for the waterfront reforms Australia embarked on in 1998 can be seen in significant improvements in container productivity – and the opportunity exists for a new phase of reform.
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NewsReduced harbour dues for efficient shippers
Canada’s Prince Rupert Port Authority (PRPA) has jumped on the band wagon to offer financial incentives to shippers based on the A to G Greenhouse Gas Emissions (GHG) rating, following in the footsteps of Port Metro Vancouver.
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NewsMoller-Maersk set for further expansion?
AP Moller-Maersk Group’s recent moves to sell over US$4bn of non-core and under-performing assets could be good news for APM Terminals. The question being asked is where will the money be re-invested?
