World News – Page 235
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Auckland bounces back
Ports of Auckland has achieved a comparable 70% increase in net profit after tax to NZ$26.4m and 17% lift in revenue to NZ$107.2m for the six months to December 31, 2013.
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Union criticises port safety process
Lyttelton Port of Christchurch is continually acting after the horse has bolted in its approach to safety, says Rail and Maritime Transport Union (RMTU) general secretary Wayne Butson.
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Boom to bust for Queensland ports
Debate is raging over whether Queensland’s port capacity has shifted from shortfall to surplus as a result of developments during the mining boom.
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Fremantle opens liquid berth door
Fremantle Ports has invited expressions of interest to develop and operate a dedicated bulk liquids berth at Kwinana to handle cargoes such as petroleum products, chemicals and liquid fertilisers.
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Investors line up behind Mariel industrial zone
More than 70 companies from both Europe and China have shown an interest in investing in the free zone attached to the Cuban port of Mariel, west of Havana, which inaugurated its container terminal at the end of January.
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NewsRussian coal terminal construction
Russia’s Volga Group has acquired a 50% stake in Sukhodol LLC – the company which is constructing the new bulk terminal at Sukhodol Bay in Russia’s Primorsk territory.
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NewsFelixstowe expansion consent
The UK’s Port of Felixstowe has finally received consent from the Marine Management Organisation (MMO) to extend its newest container handling facility, berths 8 & 9.
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NewsPSA and JNPT get back on track
Singapore’s PSA International Ltd is to develop the fourth container terminal at Jawarharlal Nehru Port in India – a contract that was originally terminated back in 2012.
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NewsBenefits to a Panama Canal delay?
The recent productivity slump on the Panama Canal over new lock costs may bring a welcome breather for some east coast ports which are rushing to get upgrades completed in time for the opening.
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NewsPSA set to boost Indian presence
A spokesperson for Singapore''s PSA International has confimed to Port Strategy that the operator has been named as the successful bidder in the tender for container operations at the Union government-run Kolkata Port in India.
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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”.
