World News – Page 251
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Tanger-Med raises €128,000
The company managing the Tanger Med 2 project in Morocco has finalised the debt guarantee subscription process, which forms part of the second phase development of the port. This has resulted in €128,000 being raised.
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Dawei reaches crossroads
Myanmar’s Dawei is very much at the cross roads as Myanmar’s Industry Minister, Soe Thane, recently acknowledged to the Bangkok Post newspaper.
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Port reform tops Portugal's agenda
Reform of its ports has been pushed to the top of the agenda of the Portuguese government.
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Ten International companies in Manta bid
At least 10 international companies have indicated an interest in bidding for the 25-year concession to build and operate a multipurpose terminal at the Ecuadorian port of Manta.
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Essar and Antwerp ally for growth
Essar Ports has announced the creation of a strategic alliance with the Port of Antwerp (PAI) to promote future development and the growth of port traffic between the two ports.
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A PATCH on ‘Blue Energy’
PATCH’s (Ports Adapting To Change) ‘Blue Energy’ workshop, hosted by the Port of Ramsgate, will take place later this month on 22 June 2012.
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Adding value to an already attractive option
There is a real need to provide those involved in getting cargo to and from Indian ports with a range of value added services.
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Milaha discuss rights issue
Milaha''s Board (Qatar Navigation) met recently to review the issue of new shares to existing shareholders, designed to increase the company''s paid up capital by 20%.
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Ambitious Yangtze blueprint
Central China’s Wuhan government has reportedly approved an ambitious RMB300bn (USD$47bn) blueprint to develop Wuhan into a “major shipping centre” within the next five years.
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Seattle worry over traffic squeeze
The Port of Seattle has outlined concerns about potential impacts to freight and transit movement in the wake of a proposal to build a new US$490m basketball and hockey stadium in the area.
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Filling a capacity gap
HFW''s Alistair Mackie and Lindsey Greer examine the investment potential of India
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Advanced MTS for Manila
International Container Terminal Services, Inc. (ICTSI) recently added a new line of multi-trailer system (MTS) at the Manila International Container Terminal.
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Panama toll charge increase row
A row has broken out between the International Chamber of Shipping (ICS) and the Panama Canal Authority (ACP) over the proposed plans to increase the toll charges for the Panama Canal.
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Scottish ports renewables strategy
A new £1.3m port project is helping to pave the way in the advancement of Scotland’s renewables infrastructure and there will be more port investment to follow in the near future.
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APMT in $4bn Virginia operations bid
APM Terminals has submitted an unsolicited proposal to Virginia Port Authority to operate the authority''s state owned and leased terminals for the next 48 years in a deal that could net VPA up to $4bn, according to APMT''s calculations.
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Crane collision causes injuries at BCT
International Container Services Inc. (ICTSI) has commented on a recent marine incident involving a passenger vessel that collided with one of its quayside cranes at its terminal in Gdynia, Poland.
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Growth by numbers
Leixões operator TCL hopes to carry its successes through to its latest investment in Ferrol, as Alex Hughes discusses
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Grand Faw project commences in Iraq
The government of Iraq has issued a tender for the construction of a breakwater to protect its planned $6bn Grand Faw Port development.
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Value jump for Napier
An independent valuation of the Port of Napier has revealed a 47.1% rise over three years to NZ$177.4m (US$134m).
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Tasmanians fights Melbourne licensing fee
The Tasmanian Freight Logistics Council is considering legal action to block a proposed port licensing fee, which will affect freight moving to Tasmania through Melbourne.