World News – Page 225
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US FMC gives nod to P3
US Federal Maritime Commission commissioner William P Doyle has voted in favour of the P3 Network Vessel Sharing Agreement.
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Seattle and Tacoma information sharing permitted
The Federal Maritime Commission has unanimously voted to allow the Ports of Seattle and Tacoma to continue with a co-operation agreement that will see them exchange information on matters of “mutual interest”.
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Global port expansion expected in 2014
This year could mark the “first year for the expansion of global ports” since the worldwide economic crisis, according to the Shanghai International Shipping Institute.
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North European ports pick up the pace
North European Hamburg-Le Havre range ports are expected to break through the “seemingly invincible” 40m teu ceiling in 2014, having failed to make the mark in 2013.
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BNCT powers on with expansion project
Korea’s BNCT is pushing ahead with development works despite having 400,000 teu of spare capacity available.
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Stockholm to benefit from E14m TEN-T funding
The Port of Stockholm’s infrastructure project has received a funding boost from the European Union’s TEN-T Programme.
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Houston traffic stunted by waterway closure
A collision in the Houston Ship Channel shut down the waterway for three days in March as the US Coast Guard worked to clean up the 168,000 gallons of bunker fuel oil spilt.
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NewsUS East Coast loses out to inland ports
The winter weather has proved a problem for US East Coast ports like New York and New Jersey, and their loss could be Montreal’s gain.
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Competition authorities say no to Basque port cooperation
The Basque Competition Authority has issued a negative report in relation to a proposal put forward by the Basque government for a possible cooperation protocol to be signed between Bilbao, Pasaia and Bermeo ports.
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Bond and IPO opportunities in the Far East
Indonesian port operator Pelindo III, which is responsible for facilities in the central and eastern parts of Indonesia, is to issue $400m in bonds this year in both US dollar and rupiah denominations. This will be used to finance the company’s port expansion projects.
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NewsVancouver trucker troubles continue
Port Metro Vancouver officials, Government representatives and unions are at stalemate over talks to end trucker strikes at the port this week.
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NSW unveils 20-year ports strategy
The state of New South Wales has unveiled its first Freight and Ports Strategy, aiming to cater for a near-doubling of freight volumes in 20 years. The strategy document says the growth in the NSW will impact significantly on ports, road and rail networks, intermodal terminals and freight corridors.
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Valencia struggles to retain transhipment
Valencia''s ongoing difficulties over the cost of handling transhipment containers have handicapped its ability to retain business.
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Antaq fines bulk terminals for blocking access ways
Brazil''s National Agency for Waterway Transport (Antaq) has revealed that it has fined seven dry bulk terminals operating in the port of Santos for rule violations.
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NewsStrategic partnerships to build Hong Kong hub
Hutchison Port Holdings (HPH) Trust is working to strengthen Hong Kong’s position as a long-term transhipment hub through strategic partnerships with COSCO Pacific and China Shipping terminal Development Company (CSTD).
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NewsEast Coast draught and capacity issues
Port Strategy has spoken alot lately about the struggles which US East Coast ports are experiencing in the rush to get upgrade works completed to cater for post-Panamax ships when the Panama Canal extension opens in 2015.
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NewsUK boycotts EU wide Port Services Regulation
Momentum appears to be building in the UK over the boycott of the EU wide Port Services Regulation with reassurance being gained from the Secretary of State for Transport that the government will not accept the regulation in its current form.
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NewsFederal funding rejection for Savannah deepening project
America’s Georgia Ports Authority (GPA) has been dealt a huge blow this week by the Obama Administration, which has decided not to fund the full deficit in the US$652m Port of Savannah harbour deepening project.
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Political pressure blamed for withdrawal of Israel port bidders
There has been intense speculation in the Israeli press as to why two international pre-qualified companies unexpectedly dropped out of the bidding process to build new ports at both Ashdod and Haifa. Companies with interests in the Arab world, it has been suggested, fear losing existing work in that region.
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NewsUnpaid workers threaten new strike in Chile
Port workers in Chile are once again threatening to go back out on strike, citing the non-payment of agreed bonuses as the reason.
