World News – Page 238
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Queensland stamps on port progress
The Queensland government has decided there will be no new ports created for the next ten years.
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Lawsuit threatened over stalled Kwinana port
The Western Australian Government is being sued for over A$1bn (US$1.03bn) by building entrepreneur Len Buckeridge over a stalled port project.
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Oakajee project on the backburner
Japanese company Mitsubishi has indefinitely mothballed a plan to develop an iron ore port and rail link at Oakajee in Western Australia.
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Big ships remain elusive for Melbourne
Melbourne’s hoped-for growth in larger ship visits, after its channel deepening, has been slower than expected.
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Santos deemed Brazil's second worst port
Santos is the second worst port in Brazil in which to do business, according to a survey undertaken by the Institute of Logistics and Supply Chain.
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Three’s a crowd at Brisbane
Doubts have been cast on the viability of having three container stevedores compete at the Port of Brisbane.
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Saudi Arabia spending spree
Saudi Arabia is planning to invest $914m in port development in the short term to cater for growing demand.
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NewsKeeping up the pace
A flurry of port development up and down the Brazilian coast compensates for weak infrastructure elsewhere on the continent. Alex Hughes reports
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NewsPort of Genoa plans capability adjustments
A new masterplan is being created for the Port of Genoa in a bid to meet the needs of the new generation of larger container ships.
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NewsAusterity strikes hit European ports
Austerity strike action hit a number of European ports this week, which led to a halt of some operations, according to reports from agent Inchcape Shipping Services (ISS).
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NewsICTSI acquires Hijo shares
International Container Services (ICTSI) has acquired subscription rights to forty million common shares in Hijo International Port Services Inc. (HIPS).
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NewsRussia looks East for trading tips
Russia is looking to “diversify” its economy in order to reduce its dependency on crisis ridden Europe, which at present accounts for roughly half of its foreign trade.
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NewsNew Liverpool terminal set to go ahead
After a consultation period with no objections, Peel Ports’ £300m plan to build a new container terminal at the UK''s Port of Liverpool are set to go ahead.
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Pacific coal ports need to expand
Ports on the Pacific coast of North America must expand to accommodate increasing coal exports, William Meister, associate and mining practice leader of Golder Associates has told the Indonesia Coal Investment Forum.
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Above inflation tariff hikes for South African ports
South Africa''s National Ports Regulator has been asked to increase tariffs by inflation +3% for three years as of 2014-2015.
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Portuguese concession process criticised
Carlos Figueiredo, development director Tertir, which owns container terminals in both Lisbon and Leixões, has criticised the Portuguese system of port concessions, which he believes needs urgent reform.
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Regulator needed for Nigerian ports industry
The Nigerian government has been advised to appoint an independent regulator to oversee the maritime industry.
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NewsOakland's executive director retires
The Port of Oakland’s executive director, Omar Benjamin, has notified the Board of Port Commissioners of his retirement, effective immediately.
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NewsBreaking hard ground
The barriers to entry are great, but Russia is still mightily attractive to investors. Stevie Knight explains
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NewsUKTI Mission targets growing Brazilian market
UK Trade & Investment has organised a Trade Mission to Brazil, in collaboration with Port Finance International, for UK companies within the ports sector looking to take advantage of the growing Brazilian market.
