World News – Page 316
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Baltic port slashes prices
Klaipeda port, located on the Baltic Sea, has responded to ‘market changes’ by introducing drastic cost cutting measures. The main aim, says the port, is to increase its competitiveness.
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CEO appointment at Ports America
Ports America Group has announced that Michael F Hassing is to be the company’s president and chief executive. Mr Hassing, 51, has served since 2008 as chief executive of Scandlines GmbH, one of Europe’s largest ferry operators. Prior to that, Mr Hassing spent nearly 30 years in various international container ...
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NewsConsent denied Port Marlborough
Port Marlborough has had its resource consent application to occupy about 19 hectares of the coastal marine area of Shakespeare Bay declined.
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Goole failure caused by valuation mistake
The closure of Scotline’s Goole operation was down to UK Valuation Agency incompetence, Scotline director Peter Millat has told Port Strategy.
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Security certification for APM
APM Terminals has achieved AEO (Authorized Economic Operator) certification in Rotterdam.
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Fos 4XL goes to HPH
Hutchison Port Holdings (HPH) is to develop Marseille’s future Fos 4XL container terminal. The terminal will be developed as a twin to HPH’s Rotterdam facilities, linked to its “sister terminal” by a comprehensive multimodal network.
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Salalah aims lower on CO2
Plans to further address the Port of Salalah’s carbon emissions have been unveiled.
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Dubai World rescheduling debt
A recent visit to Dubai by a UK trade minister resulted in him commenting that "some progress" has been made by Dubai World in renegotiating the terms of its debt. The company, which owns DP World, has around $22bn of debt on its books.
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PANYNJ launches refinancing bonds
The Port Authority of New York and New Jersey have launched a bid for the sale of around $117m in consolidated bonds to help refinance existing debt.
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Silver lining in Chilean quake
The almost complete destruction of the Chilean Port of Talcahuano during the recent earthquake may ironically help to boost Chile''s longer term ability to handle larger vessels.
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NewsABP challenged on Humber
Two major terminal operators have challenged Associated British Ports’ dominant position on the Humber, where the company owns the ports of Hull, Goole, Immingham and Grimsby.
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NewsAnother link in Chinese chain
A new Chinese canal project should strengthen Wuhan’s role as a shipping hub in the middle reaches of the Yangtze River, according to David Lammie of Yangtze Business Services.
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NewsCoal dust settles, but the point’s been made
Loading operations at Dalrymple Bay and Hay Point coal terminals have returned to closer to normal conditions after being hit by Cyclone Ului three weeks ago - although operations at Hay Point are still significantly restricted.
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![Port Strategy: "When the decision comes out, there may be a reaction [in terms of investment strategies], although the significance of the case should not be overstated," Matthew Bull, Freehills Solicitors](https://d245ovzhixo1a2.cloudfront.net/Pictures/100x67/8/3/5/95835_Bull-Matthew-88.jpg)
NewsAccess dispute threatens port and rail investment
The lengthy legal battle between Australia’s commodity majors over third party access to infrastructure continues to rumble on.
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NewsCapacity crunch
Australia’s west coast iron ore ports are suffering from the sort of congestion normally associated with the nation''s east coast coal ports, reports Michael King
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NewsNgqura development drastically delayed
The second phase development of Ngqura Port in South Africa will not now be completed for at least five years, despite Transnet Port Terminals having earlier suggested work could be finished within the next financial year.
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NewsAPM sees global port projects 'back on track' by 2015
The economic downturn has created port and terminal investment opportunities if you know where to look, APM Terminals’ chief commercial officer Richard Mitchell has advised.
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NewsChinese ore boycott to hit nation's ports
China’s boycott of Australian and Brazilian ore could hit both Qingdao and Rizhao ports in the short term, since these handle a large proportion of the iron ore imports that enter China.
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NewsIndecision hinders Peru's Callao North quay development
Callao Port Authority says it wants to speed up the process of developing its North Quay project.
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NewsMelbourne quick win from deepening project
The Port of Melbourne is already gaining the commercial benefit of its controversial channel-deepening programme.
