World News – Page 235
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NewsNigeria set for first ever deep sea port
Nigeria is set for its first ever deep sea port, estimated to cost N 216bn (US$ 1.354bn) after receiving approval from the Federal Executive Council (FEC).
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NewsMiddle East overcapacity talk dismissed
The prospect of overcapacity in the Middle East has been rejected by DP World at TOC Middle East in Dubai this week.
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ICTSI divests Cebu shares
International Container Services (ICTSI) has divested its entire interest in the Philippines port operator, Cebu, to a member of the conglomerate Jardine Matheson Group of Hong Kong.
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NewsCuba invests to compete
Cuba is taking advantage of the upcoming Panama Canal expansion with the implementation of a free-trade zone (FTZ) and the development of a new container terminal.
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Ngqura terminal development put on hold
Transnet National Ports Authority (TNPA) has suspended the Request for Qualification (RFQ) process for the financing, operation and maintenance of the Ngqura Container Terminal.
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NewsKandla bid triggers rivalry concerns
Kandla Port board trustees could reject Adani Ports and Special Economic Zone Ltd’s (APSEZ) initial bid for the development of a new container loading facility, local media suggests.
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NewsShenzhen poses a threat to Hong Kong
Hong Kong’s competitiveness looks to be hanging by a thread as port authorities in China’s Shenzhen work to persuade carriers to skip the country as a transit hub and do business directly with them.
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NewsMinister vows to fight latest EU ports proposals
UK transport minister Stephen Hammond has vowed to "do all he can" to see the EU’s latest proposals for port services regulation are thrown out.
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NewsArgentinean embargo hits Montevideo
Uruguay has officially protested to the Mercosur''s Transport working group regarding the unilateral decision taken by Argentina to impose on embargo on its goods being transhipped at any ports in the region with whom it does not have an existing load standby agreement.
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NewsEC calls on the Court of Justice for Spanish stevedore ruling
The European Commission has made a formal complaint to the Court of Justice in Luxembourg regarding Spanish stevedoring practices. It has also advised Spain''s Ministry of Transport that it has asked for a decision by the end of 2014.
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NewsGlobal Ports wins tender for Port of Bar
Turkish port operator, Global Port Holdings (GPH) has acquired the unlisted 62.09% of shares of the container terminal and General Cargo JSC (CTGC) company at the Port of Bar in Montenegro for €30m.
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NewsLisbon works hard to become “transparent”
The Port of Lisbon is looking to make operations “easier, faster, more efficient and transparent” with investments in a new terminal and a national single window (NSW).
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NewsPOLA in trouble over TraPac
America’s Los Angeles City Council approved major changes this week to the TraPac container terminal project at the Port of Los Angeles (POLA) despite not being consulted for three years and the project being four times over budget.
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NewsVolumes moving in the right direction
Montreal remains ‘cautiously optimistic’ on volumes for 2013 despite a fall in box and liquid bulk volumes in 2012.
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NewsAnother hurdle for Brazilian port reform
Attempts by the Brazilian government to undertake a comprehensive reform of the ports sector have run into further legal problems.
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NewsValencia stevedores accused of being overpaid
The Valencia Shipping Association has claimed that stevedores in the port earn up to three times more than stevedores in other ports.
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Post-quake build announced for Lyttelton
Lyttelton Port of Christchurch has announced a “reinstatement and development vision” to shareholders at its recent annual meeting.
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Long term lease for Newcastle
New South Wales Government Treasurer Mike Baird has called for expressions of interest from qualified parties wishing to secure a 98-year lease of the Port of Newcastle.
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NewsCall to privatise Melbourne
Privatising the Port of Melbourne would help facilitate the development of a container terminal at the Port of Hastings and deliver flow-on benefits, according to Australian Logistics Council chief executive Michael Kilgariff.
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NewsPort Strategy celebrates award winner
Port Strategy is delighted to announce that IHS Fairplay’s Baha Eksioglu scooped the Port Strategy Award at this year’s Institute of Chartered Shipbrokers’ annual prize giving ceremony in London.
