World News – Page 290
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NewsCyclone damage kept to a minmum
Queensland''s ports have survived an onslaught from Cyclone Yasi, one of the most destructive cyclones to hit Australia in decades.
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RENFE trails 730-metre block trains
The freight division of Spanish National Railways (RENFE) has begun trials with 730-metre block trains between Valencia and the inland container terminal at Coslada near Madrid. Initial services were composed of 50 container flats conveying combined load of 101 teu.
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News‘Dirty bomb’ fears in Genoa
The dilemma of a container at Genoa found to be containing radioactive material is a ‘security and ecological disaster’, according to container scanning expert Joe Alioto.
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NewsControversy hits Callao concession
Despite an initial judgement to allow DP World to bid for Callao’s Muelle Norte terminal, the claim that this would result in a net loss for the country has reached Peru’s Superior Court.
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NewsUS budget cuts run counter to depth
Georgia Ports Authority''s request for $105m from America’s 2012 fiscal budget for deepening works at Savannah has been refused.
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DP World volumes up
DP World announced it handled 49.6m teu across its 50 terminals in 2010, an increase of 14% against the prior year.
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DP World – a model worth studying
American business students would learn a great deal from DP World’s business model: that’s the conclusion from a group of academics from some of America’s leading universities who visited the company’s HQ and facilities at Jebel Ali.
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Sinotrans to partner Nanjing port authority
Nanjing port authority has signed a contract with Sinotrans to undertake a $155m restructuring of the river port. Sinotrans will take a 45% stake in the new Nanjing Port Group; it already has a 10% stake in the new container terminal.
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NewsICTSI makes ‘best-managed’ list
International Container Terminal Services, Inc (ICTSI) was recently included in Euromoney’s Best-Managed Companies in Asia for 2011.
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NewsUK port snags wind farm manufacturer
Great Yarmouth port has been successful in snaring a proportion of the UK''s alternative energy market with the announcement that a wind farm foundation manufacturer is to set up shop at the port’s new, deep water outer harbour.
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NewsEquity acquisition funds TCP
A private equity firm is to acquire half of the shares of Brazil''s third-largest container terminal.
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Kiel’s “best ever”
Kiel handled 5.8 million tons of cargo last year, the best result ever recorded by the port. This was an 19,3 % increase over the previous year and considerably more than even the 5.3 million tons handled in 2007, the year before the economic crisis. Managing director Dr Dirk Claus ...
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Private sector key to Indian development
The Indian government believes that the private sector will handle half of the nation’s cargo by 2015.
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NewsKolkata lands in controversy
Troubles between Kolkata Port Trust (KoPT) and the state of Orissa’s local government about the port’s extension of its land are sparking threats of legal action.
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NewsRelief for Aussie ports as cyclone passes
Australian ports breathed a collective sigh of relief as they managed to escape relatively unscathed from the passing of Cyclone Yasi last month.
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NewsApapa improvements on the table
The Apapa container terminal has, as APM Terminals admits, had some “very challenging times” recently, but improvements and negotiations aimed at sorting out the delays are underway.
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NewsGetting back on track
Dave MacIntyre investigates the long term implications for flood-hit Australia’’s coal export crisis.
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Manta casts around for cargo
The Ecuadorian port of Manta is trying to attract coffee, cacao, banana and fish cargo generated by the Manabí region of the country that is currently shipped out via Guayaquil or Puerto Bolívar.
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Yanbu dry bulk facility
Saudi Ports Authority has signed a $36m contract to build a dry bulk berth at Yanbu commercial port. Work will take no more than 24 months.
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Syria to upgrade ports
Syria has announced a budget of $800m to develop its ports and shipping industry by 2015, partially driven by the reconstruction of neighbouring Iraq.
