World News – Page 217
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DP World to exit London Stock Exchange
DP World has announced plans to delist from the London Stock Exchange, claiming that only 1% of its trades are made through the UK’s exchange.
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NewsOnwards and upwards
No looking back for Middle East terminals that continue to climb the capacity ladder, reports Alex Hughes
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No independent valuation yet made of TNPA
South Africa''s Ports Regulator has yet to undertake a valuation of Transnet National Ports Authority'' (TNPA) assets, despite the fact that this is required to determine what tariffs port users must pay.
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NewsMediterranean ports fight for EU funding
Barcelona, Marseille and Genova have, through the Intermed Association, called on the European Commission to get involved in a debate in respect of funding for the TEN-T network.
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NewsIndonesia's $6bn ports commitment
Plans by Indonesia to spend up to $6bn on ports are an important sign of the value it places on infrastructure. The government needs 70tr rupiah ($5.8bn) to expand five major ports in north Sumatra, Jakarta, east Java, south Sulawesi and Papua to serve large vessels and build feeder lines ...
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NewsKeeping Durban competitive
The South African port of Durban needs to be more autonomous if it is to keep up with future demand, an international report from the OECD’s International Transport Forum revealed.
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NewsLA-LB congestion proves costly
Terminal operators at the ports of Los Angeles and Long Beach have gone all out to try to relieve some of the persistent congestion, but the problem shows no signs of stopping.
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Chile boosts port infrastructure
Chile''s Under-secretary for Transport, Cristián Bowen, has announced that the government is to introduce a series of port upgrades over the next 20 years as a means of boosting competitiveness.
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NewsAPMT hits back at Monrovia claims
In Liberia, elected representative George Mulbah has accused APM Terminals of failing to upgrade the Free Port of Monrovia in line with its concession agreement.
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NewsEbola fails to dent Monrovia trade
Freeport Monrovia has yet to suffer a single day of downtime due to the Ebola virus, says Peder Sondergaard, chief executive Africa and Middle East of concessionaire APM Terminals.
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NewsMalaysia sets its sights on ABP
It has been suggested that Malaysia’s largest state pension fund is to make a US$2bn bid for a stake in UK port operator, Associated British Ports (ABP).
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NewsEase of automation at Brisbane
The main drivers for automation are being ably demonstrated at Patrick’s automated straddle terminal in Brisbane, Australia, says the operator.
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NewsBig plans for Busan
Busan Port Authority (BPA) says it’s ramping up development at the world’s fifth largest port - both to make it the logistics hub of Northeast Asia and keep up with projected demand.
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NewsPhilippines congestion limits US shipments
As congestion in the Philippines continues to worsen, Maersk Line has doubled its surcharge and is limiting shipments from the US.
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‘No shortage’ of investor interest
There is “no shortage” of investor interest in the port and particularly the container terminal sector, according to consultant Drewry.
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Thailand focus on small ports
Thailand plans to build an unspecified number of small ports to ease the cost of moving goods within the country.
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NewsMaking Gdansk into the Baltic hub
A new report investigating the Port of Gdansk’s increasing role as the container hub of the Baltic, says that it must implement best practices from some of the European port giants to address its hinterland connection issues.
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NewsHoliday shipments come to a halt at Long Beach
The Port of Long Beach (POLB) has been battling congestion for the past few weeks, and things don’t seem to be improving with container ships waiting at anchor for a berth.
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NewsClosing date set for Scottish port bidding
UK-based property consultancy Bidwells has set a closing date for expressions of interest in East Scotland’s Perth Harbour.
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NewsAPMT rebuffs 'illegal' Aqaba strike
APM Terminals (APMT) says further delays to the regional transportation hub of Jordan, Aqaba Container Terminal (ACT), are expected following a “premature and illegal” strike last week.
