World News – Page 256
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HPH Trust shares a “buy”
Financial advisers Maybank Kim Eng have allocated a "buy" rating to Hutchison Port Holdings Trust’s shares.
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DPW lone bidder for new JNTP terminal
Only DP World has entered a bid for the new $114m container terminal at the Indian port of Jawaharlal Nehru.
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Assoporti urges EU to think again over concessions
The Italian Association of Port Authorities (Assoporti) has urged the government to debate the length of port terminal concessions with the European Union.
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Iraq to upgrade Maqal port
Authorities in Iraq have signed a $40m deal with a US consortium headed by North America Western Asia Holdings to modernise the port of Maqal, which is on the Shatt al-Arab waterway in Basra province.
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Rotterdam eyes Brazilian bid
A Dutch group headed by Rotterdam port authority has put forward a $2.37bn proposal to build a new multipurpose port in the Brazilian south-eastern state of Espírito Santo.
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Piraeus T3 to open early next year
Cosco Pacific is to start handling operations at Terminal 3 in the Greek port of Piraeus early next year.
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Cai Mep productivity increase
Vietnam''s Cai Mep International Terminal recently managed to achieve productivity of 45.63 moves per hour on vessels operating the direct route to the US.
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San Antonio port workers on indefinite strike
A total of 2,500 port workers at the Chilean port of San Antonio have now been on indefinite strike since September 24, having failed to persuade the government to meet their demands.
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Spanish ports snare €5.5bn commitment
Spanish ports are to receive a total of €5.5bn in 2012-2015: €2.5bn will be state investment, with the balance coming from the private sector.
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Thai funds set to raise $3.2bn
Four Thai state enterprises, including the Port Authority of Thailand, will raise as much as Baht100bn ($3.2bn) in new capital through infrastructure funds, according to the State Enterprise Policy Office (Sepo).
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Vietnam port authority on the cards
Vietnam''s Ministry of Transport will establish a Port Authority in a bid to get seaport development plans back on track and boost the logistics sector, official media have reported.
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NewsSuez terminal handles world’s largest vessels
The Suez Canal Container Terminal (SCCT), a located at Port Said East, recently performed two successful navigational tests with the world’s largest vessels.
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Antwerp looks to consolidate US market share
The port of Antwerp is looking to consolidate its market share in the US whilst building new relationships – and to this end it has undertaken an all American road trip aimed at promoting the ports’ advantages.
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Singapore to consolidate boxes at Tuas
The government of Singapore has confirmed its intention to consolidate all container handling at a new port, Tuas, which should go into operation within the next 10 years.
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Portpro trumps MUNZ
Newly-formed trade union, PortPro, has signed a collective employment agreement with the Ports of Auckland.
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MSC saves PrimePort jobs
PrimePort Timaru has been able to save the jobs of ten staff following it being added to the Capricorn schedule of Mediterranean Shipping Company.
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Crane issues at Tauranga
A 27-tonne container of avocados fell seven metres onto the ANL Benalla in one of two recent container crane malfunctions at the Port of Tauranga.
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South Australian price regulation to continue
Price regulation of essential services in South Australian ports is to continue for another five years to October 2017.
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Melbourne terminal out to tender
The Victorian government has called for expressions of interest from parties interested in operating a new container terminal, automotive terminal and pre-delivery inspection system at Melbourne’s Webb Dock.
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Gladstone defies odds to boost profits
Despite the unsettling effects of a rift with its political masters, the Queensland port of Gladstone has reported a major lift in profitability.