World News – Page 256
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NewsSecurity scanning in Colombia
A number of American operations are seen "a vast improvement in security" through reducing errors associated with manually entered container data.
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NewsStrategic moves for ICTSI
Baltic Container Services (BCT), International Container Service Inc’s subsidiary in Poland, has inked a new subsidy agreement with the Center of European Union Transport Projects for part of the investment needed for the terminal expansion project at Gdynia Port.
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NewsBCT gets a third off its expansion costs
The Baltic Container Terminal in Gdynia – an ICTSI subsidiary - is to gain from a grant worth around a third of its PLN153m (US$49.2m) development, an expansion project that will raise BCTs capacity by 60%.
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NewsPresidential infrastructure order to aid US ports
President Barack Obama has signed an executive order that will help expedite the permitting and review process for US government infrastructure projects, which will directly benefit US ports.
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NewsDP World rides the world’s markets
After getting its cash flow and net debt back under control as a result of good performance and the selling of 75% of its Australian operations, DP World has “a solid platform” underfoot, but there remain challenges.
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DP World splashes cash on loan repayment
Cash-rich DP World is to repay a $3bn loan outstanding under its revolving credit facility due to mature in October 2012. The repayments will take place between 4 and 10 April 2012.
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APMT injury and CO2 wins
APM Terminals’ 2011 Sustainability Report reveals a 21% decrease in Lost Time Injury Frequency, and a 16.5% per teu reduction in CO2 emissions, but admits there is still much to be done.
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NewsAPMT seals Moin concession deal
APM Terminals has passed the final hurdle for its Moin Container Terminal concession, gaining the final endorsement from Costa Rica’s Comptroller General Office in March.
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Peru to handle 2m teu by 2014
Peru’s National Port Authority has forecast that cargo handled by its national ports network will rise by 14%-15% on average over the next five years.
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Valencia focuses on strategic priorities
There was little talk of transhipment costs or container investments being frozen by the Port of Valencia at a recent workshop held at the London School of Economics.
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Qube buys into Melbourne lease
Assets and leases held by Westgate at Victoria Dock in Melbourne have been bought by Qube Logistics in a deal worth A$47m (US$49.3m).
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Manta close to finalising tender
Guillermo Morán, managing director of Manta port authority in Ecuador, has publicly stated that the organisation is close to finalising terms and conditions for the international tender that will result in a complete new container terminal complex being built at the port.
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Melbourne fee rattles shipper cages
Cargo interests have reacted against the proposed port licensing fee at Melbourne, with the Australian Peak Shippers'' Association describing the plan as "unacceptable".
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NZ Productivity criticism refuted
CentrePort Wellington chief executive Blair O’Keeffe says a Productivity Commission report on the local ports sector fails to acknowledge the dramatic surge in freight handled successfully over the past two decades.
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Annulled Liscont concession extension deemed illegal
The arbitration committee set up to decide whether Lisbon Port Authority was right in annulling the concession extension it granted to Liscont has ruled in favour of the terminal operator.
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Felixstowe calls for axing of off-peak passenger trains
Passenger trains sometimes carrying only three people are taking up rail paths that could be used by 30-wagon freight trains on the branch line to and from the Port of Felixstowe, Hutchison Ports UK chief executive David Gledhill has said.
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US threatens to downgrade Nigerian ports
The United States is threatening to add Nigeria to its list of countries whose ports are considered insecure.
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Tacoma pinches 400,000 boxes from Seattle
The port of Seattle is to lose about 20% of its current container traffic to regional rival Tacoma, as the Grand Alliance switches from Terminal 18 at Seattle to Washington United Terminal at Tacoma.
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Tauranga reaches saturation point
Port of Tauranga has announced it can no longer accept unscheduled calls from vessels wishing to bypass Ports of Auckland as that port’s ongoing industrial dispute stretches it beyond capacity.
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Northport eyes stranded NZ trade
Northland Regional Council chairperson Craig Brown believes Northport is ideally-placed to win trade from nearby Ports of Auckland and Port of Tauranga.
