World News – Page 306
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Beypore tender deserted
There were no bidders for a global tender to develop the Indian port of Beypore, despite the initial deadline having been extended at the request of two potentially interested parties. The port requires $36m, which it intends to raise through a public-private partnership scheme.
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NCC lets go of NUTEP operation
First Quantum Group and its long-standing partner, Andrey Kobzar, have sold their 50% stake in the NUTEP (Novorossiysk) container terminal to an external investor for $115M.
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NewsMundra SEZ wins east-coast coal project
Mundra Port and Special Economic Zone (MPSEZ) has won a contract to develop a coal import terminal at Visakhapatnam.
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NewsGrowth gap narrows – for a while
When the figures come in for 2011, they might point to a narrowing of that widening growth-rate gap between the mature and emerging markets. But don''t open the champagne.
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NewsSantos goes supersize
Santos has secured funding of $679m to develop new container and liquid bulk terminals, significantly increasing the port’s present capacity.
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NewsPotent plans for Abu Dhabi
A number of new port developments are planned in the Western (Al Gharbia) region of Abu Dhabi, adding to the emirate’s aggressive port expansion plans.
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Dragados-SPL rebrands as Noatum Ports
Dragados-SPL - the Spanish port terminal operator with equity stakes in container operations in Bilbao, Valencia, Malaga and Las Palmas, and in general cargo terminals in Santander, Castellón and Sagunto - has been renamed Noatum Ports.
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The sell-off quandary
Experts in Kenya are divided as to whether the port of Mombasa should be privatised or not.
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EU infrastructure project win
The European Union is to finance 51 infrastructure projects costing a combined €170m ($241m) as part of its Trans-European Transport Network. In Italy, the River Information Services in the Northern Italian Waterway System will be financed, as will the Adriatic Gateway project.
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DP World second West Bengal project
DP World has been linked with a new container port development at Kulpi in West Bengal, with negotiations said to be at an advanced state. The project, claims DP World, would be viable given an ongoing shortage of capacity in India.
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NewsSouth American spurt for ICTSI
International Container Terminal Services, Inc (ICTSI) reported 2010 results of $527.1M from its port operations, an increase of 25% over last year.
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NZ port productivity slammed
New Zealand Business Roundtable executive director Roger Kerr has strongly criticised the productivity of the local port sector.
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Las Palmas first in Spain with stevedoring reforms
The port of Las Palmas has become the first in Spain to convert its port labour company, Sestiba, into a port stevedoring management company with limited liability (Sagep).
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Sagunto investment crisis
The current economic crisis has meant that €300m ($425.4m) of investment in the Spanish Mediterranean port of Sagunto has yet to go ahead. This was committed to the southern expansion of the port, where three new terminals are planned: one for dry bulk and two for general cargo.
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NewsNew Basra super port mooted
Iraq''s Transport Minister has announced that a tender will be issued by the end of this year for a multi-billion-dollar port south of the city of Basra.
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Buenos Aires concessions to be re-visited
Argentina''s General Ports Administration (AGP), which oversees operators at the port of Buenos Aires, is to undertake an integral analysis of concessions following recent requests for them to be renewed.
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NewsFlexible tariff reforms will cost Spanish ports money
Spanish ports estimate making an average loss of 12% in their revenue in the current year as a result of applying a revised tariff model set out in new framework legislation.
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Chinese Muuga wobbles
Erik Laidvee, the chairman of Muuga box terminal operator Transiidikeskus AS, has claimed that it is now unlikely that the Chinese port of Ningbo will cooperate with the port of Tallinn on its Muuga joint-venture terminal project. At present, just Transiidikeskus and the Russian firm Rail Grant are bidding for ...
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Sihanoukville to list
SBI Phnom Penh Securities Co, Ltd. has been appointed by the Ministry of Economy and Finance of Cambodia to lead manage an initial public offering of Cambodia''s state-owned Sihanoukville Autonomous Port ("PAS"), the company said in a press release.
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Talcahuano tender released
The tender covering the rebuilding of the quake-hit Chilean port of Talcahuano has been issued. The port was almost totally destroyed by last year''s earthquake, rendering it inoperable.
