World News – Page 269
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NewsWorldwide impact from Eurozone crisis
The European debt crisis has had far reaching, if varied impact with certain areas such as Africa suffering disastrous setbacks, while others were still seeing healthy growth last year.
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NewsAn end in sight to the UK's port rate fiasco
Port based businesses in the UK facing unfair and unexpected backdated business rates bills can breathe a sigh of relief as the Government has moved to waive and repay bills this week.
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Not much comfort from a trading niche
Indian Ocean energy has a ready market and Indonesian entrepreneurs, for example, might be looking to take a leaf out of India’s copybook.
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Eight bids expected for Manta
Eight companies have been linked to the $230m development of the Ecuadorian port of Manta.
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Valencia container investment frozen
Rafael Aznar, president of Valencia port authority, has publicly acknowledged that an agreement regarding a reduction in transhipment costs may be key to unlocking future investment in container handling facilities in the port.
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Holding the key
There are Indonesian rewards to be reaped by patient investors, as Stevie Knight explains
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NewsCanada to make port tax caps permanent
Ports in the Canadian province of British Columbia aim to become more attractive to investors with a move to make the existing cap on municipal port property tax rates permanent.
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NewsTilbury biomass fire proves handling risks
A huge fire in two biomass storage hoppers at Tilbury Power Station has highlighted the challenges for ports involved in handling and storing wood pellets for power generation.
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NewsPoole explores green development options
Specialist UK sustainability, ennvironment and engineering design company, Ramboll, has secured a key advisory role to help Poole Harbour Commissioners to finalise its long term environmental masterplan for the Port of Poole.
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Next step for Teesport expansion
PD Ports has completed the ground works at its container handling capacity in Teesport UK – the next step in its strategy towards doubling its container capacity.
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Japan puts annus horribilis behind it
2011 was a year to forget for Japan and its ports. On March 2011, a magnitude-9 earthquake launched a tsunami which engulfed much of the country''s coastal northeast and caused the worst nuclear catastrophe since Chernobyl in 1986.
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Hong Kong and its neighbourly rivals
Hong Kong has been one of Asia''s leading ports for generations and remains one of the top three container ports in the world.
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Georgia turns to RTG greening
Georgia Ports Authority is investing in green on-dock technology with the approved purchase of four electric-powered rubber-tyred gantry cranes.
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Tender issued for Kalibaru box terminal
Indonesian state port operator Pelindo II has issued a $1.9bn tender for the construction of a container terminal at Kalibaru, which is needed to ease congestion at an existing facility in the port of Tanjung Priok.
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Kerala seeks development partner for Azhikkal
The Indian state of Kerala has invited new bids for the development of the existing minor port of Azhikkal.
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SAAM to invest $2bn in ports
Following its separation from shipping line CSAV, Latin American port terminal operator SAAM has announced its intention to seek investment from the money markets to fund new projects.
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APM Terminals sees potential in India
APM Terminals’ chief executive, Kim Feijer, says that, despite having the world''s third-largest economy, India remains under represented in terms of global trade.
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Wait and see at Maldives Port
Port officials in Male are taking a wait and see approach to development plans post a recent coup in the Indian Ocean''s Maldives.
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NewsStrikes end at Sokhna
The International Transport Workers’ Federation (ITF) has announced a victory over Egypt’s Sokhna Port and operators DP World following the recent strikes over pay.
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Tampa welcomes state funding
Tampa Port Authority has received $22.5m in state funds toward the modernisation and expansion of its primary petroleum terminal complex.
