World News – Page 222
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News
Profit boost for ICTSI
International Container Terminal Services Inc (ICTSI) has recorded a 23% rise in profits for the first six months of 2014.
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NewsGhana to build third port?
Ghana may just get a third port, judging by an announcement made by the director-general of the Ghana Ports and Harbours Authority (GPHA).
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NewsBusan works to safeguard growth
Busan’s rapidly expanding New Port is on its way to becoming the Northeast Asia logistics hub, thanks in large part to Busan New Container Terminal’s (BNCT) recent investment.
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NewsMaher loses out at NY-NJ
According to US District Court documents, Maher Terminals has lost its bid to cut the fees it must pay the port authority of New York and New Jersey (PANYNJ).
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NewsTranshipment merry-go-round
The fight for transhipment traffic in the Mediterranean shows no signs of weakening, finds Alex Hughes
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NewsPorts America expands at Long Beach
Ports America is expanding its box operations at the Port of Long Beach, with a 30% stake in rival container terminal operator, International Transportation Service (ITS).
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NewsChilean port legislation could slash productivity
Chile’s so-called ‘Short law on ports’ could cut productivity by around 20%, according to Francesco Schiaffino, general manager of Valparaiso box handling facility Terminal Pacífico Sur (TPS).
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NewsSpain tariff freeze to fund urgent upgrades
Spain''s National Ports Authority (Puertos del Estado) is proposing to freeze port tariffs at their current rates for 2015, having cut them in both 2014 and 2013. Last year''s cut reduced the organisation''s income by around €60m.
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NewsDutch ports under EU tax break microscope
An in-depth investigation into Dutch Corporate Tax Law has been launched by the European Commission to ensure fair competition between EU ports.
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NewsSouth Oz ports pre-mortem report
Experts at the Institute for Supply Chain and Logistics at Victoria University in Australia have completed a “pre-mortem” report warning of the dangers of pushback by private operators and of the haste towards building a new port.
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NewsAPMT sells off US terminal
APM Terminals is selling its state-of-the-art container terminal located in Portsmouth, Virginia, US, because it doesn’t want to remain a non-operating lessor of the facility to the Commonwealth of Virginia for the next 16 years.
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Haiphong orders TPS eRTGs
Haiphong Port has placed an order for six electric rubber-tyred gantry cranes from Terex Port Solutions.
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CODESP to adopt new management style
The appointment of Angelino Caputo de Oliveira as head of São Paulo State Dock Company (CODESP) is a further step towards centralised management of Brazilian port companies - which is a prerequisite of the new Ports Law adopted by nation in 2013.
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Vinalines to sell off five more ports
Vietnam National Shipping Lines (Vinalines) is to undertake IPOs at five additional large ports by the end of the current year.
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Asciano looks to sell ports stake
Australian transport group Asciano is in talks with third parties regarding the potential sale of a “non-controlling interest” in its terminals and logistics business division.
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NewsLaem Chabang three-prong development plan
Laem Chabang, Thailand’s gateway port, is focusing on three paths for possible future development, according to one of its senior executives.
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NewsPPA moots PPPs for gateway ports
State-owned Philippine Ports Authority is considering public-private partnerships to cover four gateway port developments.
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Uruguay concedes need for improved port infrastructure
Both the government of Uruguay and the country''s port operators agree that there are infrastructure deficiencies in ports as a result of an expansion of demand. The private sector is therefore demanding that work goes ahead on various projects to stop operating costs from increasing.
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NewsSpanish government backtracks on accessibility fund
The Spanish government seems to be rethinking its policy on forcing ports to pay in 50% of their profits to a new accessibility fund.
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Chilean workers strike over port law
Port workers in Chile have started an indefinite strike against a new law which affects their workers'' lunch and rest breaks.
