World News – Page 317
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Pucallpa port project progresses
The Transport and Communications Ministry in Peru has approved applications to build a new port terminal at Pucallpa, which it calculates will require investment of at least $16.7m.
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Quake halts Southern port merger
Lyttelton Port of Christchurch (LPC) has advised Port Otago it is no longer in a position to continue merger negotiations in light of the 7.1 magnitude earthquake which struck on the morning of September 4.
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NewsNingbo floatation smaller than planned
Although smaller than originally planned, Ningbo Port Company has raised Yuan7.4bn ($1.1bn) from its Shanghai floatation which was 20% reduced from its original offering of 2.5bn shares.
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Colombo’s deep water
Sri Lanka has awarded a contract for a new deep-water container terminal in Colombo port to a consortium made up of China Merchant Holdings International and conglomerate Aitken Spence.
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New reefer facility for Davao
Handling of the growing fruit trade in the Port of Davao, the main transit point for Philippine bananas, is being assisted by a new reefer facility at the Sasa Wharf operation.
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Computer glitch hits Manila
ICTSI has attributed recent traffic jams at its Manila International Container Terminal to computer glitches, which it characterises as being "minor" and "intermittent" in nature.
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APM takes Monrovia concession
Preferred bidder APM Terminals has won the 25-year concession for the operation of Liberia’s Port of Monrovia and now faces an investment bill of $120m over the term.
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Coquimbo privatisation to go ahead
Chile''s Constitutional Tribunal has overturned an attempt by the port workers at Coquimbo to prevent modernisation of their facility from going ahead.
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NewsGrowing differences across the globe
There are qualitative as well as quantitative differences emerging between the more mature and emerging markets, highlighted by more than just growth rates.
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NewsPiracy issues will hit ports
The growth of piracy has put pressure on ports to decide on their attitudes and policy.
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NewsMedia war for Marseilles
“The best job in the world” is the title of an advertisement published by the employers at Marseilles Fos-sur-Mer - followed by an offer of a job as a crane driver at the port.
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Too little, too late
Israel’s softly, softly approach to reformation could be its downfall. Mike Mundy reports
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Positive news, but changes ahead
The positive news from Drewry is that 2010 has seen a surprisingly strong improvement by the major container industry stakeholders – but the recovery needs care, attention and above all co-operation to keep going.
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NewsPorts impacted by drought - and locusts
Hit by both pests and drought, a sharp fall in Australian wheat production may well depress throughput in some of the country’s largest grain ports.
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NewsAn answer for Venice?
Caught between being part of a difficult economy which needs deep water terminals to keep afloat, and a famously fragile city which is itself in danger of floating, the Port of Venice may have found a solution.
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Adding value at Durban
Durban is home to two of the region’s busiest container terminals – Durban Container Terminal and Pier 1. Transnet is currently re-engineering the port to increase capacity to 2.9m teu.
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NewsClash of the titans
The economic meltdown has forced South Africa to hold back on the next development phase at the new Port of Ngqura, reports Denis Gathanju
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NewsOdessa’s dream founders on summit
Despite being hit very hard by the slump, the Black Sea region is on its way back – but Odessa’s dream of hub status remains unlikely to be fulfilled.
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NewsTremendous growth ahead - for some
“The crisis is over” Kim Fejfer of APM Terminals told CNN news, but there’s a sting in the tale of the forecast.
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NewsIraq’s gateway moves forward
The proper start to commercial operations at Umm Qasr’s Berth 8 marks a small but significant step in the development of Iraq''s infrastructure, with the mobile harbour cranes presently on their way.