World News – Page 296
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Queensland coal haul offered to investors
Investors are being given the chance to share in Queensland’s coal bonanza.
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NewsAPMT's Callao North concession under scrutiny
The incoming Peruvian government has warned that the existing contract with APM Terminals at its new Callao North Terminal could be renegotiated if it deems that any clauses are not in the interests of the country.
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NewsSpain's Vilagarcía box terminal sinking
Opened just three years ago at a cost of €20m ($29m), the container terminal at the north-western Spanish port of Vilagarcía is showing visible signs of sinking.
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NewsNew South Wales privatisation rumours quashed
Australia''s New South Wales state government has announced it has no plans to privatise NSW ports in the short or medium term.
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NewsGPI floats above expectation
Global Ports Investments (GPI) share’s started trading 15% above their expected price after their release onto the London Stock Exchange.
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Chicago’s new intermodal gateway
Box carrier APL has purchased 43 acres within the CenterPoint Intermodal Centre in the city of Joliet, Illinois, with a view to developing a large intermodal container terminal.
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From zero to hero – but short in the leg
Cai Mep is riding the crest of Vietnam’s economic wave – having grown to hub status from a feeder port in two short years, but it is already having to make the most of its efficiency.
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UK development to rely on "volunteers"
The UK government’s rhetoric about ‘localism’ covers a massive drop in funding and the hope that business will pick up the pieces. But a recent meeting made it plain that business had better find it worthwhile – and quickly.
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Damman concession follows link
Saudi Global Ports (SGP) has gained the concession for a second container terminal at King Abdul Aziz Port, Dammam, in Saudi Arabia.
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Bulk volumes up yet again at Salalah
Salalah is seeing a steep rise in bulk volumes, partially on the back of the increased appetite for fuel and steel. The port’s record 764,000 tons of cargo for May was up 31% on the same month last year.
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NewsLA labour deals to keep expansion on budget
America’s top container port, the Port of Los Angeles has signed a five-year labour agreement committing to the creation of some 20,000 jobs.
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NewsLyttelton pressured by tough insurance sector
Compounding disruption caused by a succession of earthquakes, Lyttelton Port of Christchurch has confirmed that is having “significant difficulty” in securing natural disaster insurance cover in the current environment.
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ISPS has turned ports into 'money machines'
Security-related bureaucracy is turning access to some ports “into a bit of a money machine”, International Shipsuppliers and Services Association president Jens Olsen has claimed, pledging to tackle the issue head on during his three year tenure.
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NewsLibyan ports caught in freeze
The European Union has added six port authorities to the now extensive list of Libyan companies and individuals blacklisted under the UN asset freeze.
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NewsKnee-jerk reaction has meant drop in training
There has been a dangerous ‘knee jerk’ reaction in the last year that has seen around 20% of the UK’s workforce to decrease training budgets according to statistics from the Chartered Institute of Personnel Development.
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Privatisation, prosperity and the people?
The Port of Dover, after finding it wasn’t easily gaining ground in the argument about ending the port’s Trust status and going for privatisation, is trying to win hearts and minds with an upload on YouTube.
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NewsPorts could lead on carbon
It may not be the ports themselves that create the emissions, but if they work together, they can exert pressure on the supply chain to green-up, points out new research from the University of Hull.
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NewsPorts and the supply chain's vulnerability
The supply chain is sensitive to growing security issues, according to a report by PricewaterhouseCoopers (PwC). But forcing ports to screen all freight isn’t the answer – and the checks may be best applied earlier.
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NewsRise and rise of Queensland’s coal
The first shipload of coal leaving the expanded Abbot Point Coal Terminal 1 (APT1) was closely followed by Vale throwing its hat into the ring after one of the new terminals to be built at the port.
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NewsCanal effect 'more evolutionary than revolutionary'
Continued recovery and fast-tracked expansion plans are today''s headline moves for US East Coast ports, according to Paul Bingham, consultant and economist of Wilbur Smith Associates.