World News – Page 328
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Horizon and APMT extend MOU
Horizon Lines has renewed its memorium of understanding with APM Terminals North America (APMT) for a follow-on six-year period.
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Oakajee ups planned capacity
Western Australia’s Oakajee deepwater port has lifted its planned initial capacity to 45m tonnes/annum on the back of “strong interest from regional iron ore miners”. The authority has also announced that it has selected “three potential foundation customers for contractual discussions”. These include Sinosteel Midwest (Weld Range project), Karara Mining ...
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NewsAmbitious plans for Haiti terminal
Earthquake struck Port-Au-Prince has revealed plans for new jetties and increased depth, along with state-of-the-art container terminal facilities.
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Ningbo to go for Shanghai listing
Ningbo Port plans to list shares on the Shanghai stock exchange by the end of the second quarter of this year.
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Antaq authorises new port tenders
Antaq, the Brazilian state organisation overseeing port development, has authorised new tenders for terminals at both Santos and Imbituba.
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Brazil to issue more port tenders
The Brazilian government is promising to issue a series of port tenders towards the end of April.
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NewsPortland freezes dues
Portland Port in the UK is to freeze its berthing and harbour dues as well as its pilotage charges until December 31, 2010 for all commercial vessels.
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Freight strategy delay concerns
The Australian Federal Government’s much-heralded national freight strategy may be later arriving than expected, meaning the election could be fought without the policy in place.
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Nigeria seeks Belgian backing for ports
The government of the Nigerian state of Akwa Ibom says it is to work with as yet unidentified Belgian partners in the development of a new port at Ibaka.
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NewsDP World linked to London IPO
DP World is being linked with the possible sale of shares on London''s stock exchange, with the company hoping to join the FTSE 100 index of shares.
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Criticism aired of CAP port acquisition
Juan Rassmuss, director of Invercap, the parent company of Chile’s CAP, has criticised the management of CAP for the purchase of the port of Las Losas from its CMP subsidiary at a cost of $23.7m.
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Short sea project in California gains $30 million in TIGER grants
Short sea shipping, albeit of the container on barge variety, along designated Marine Highways, got a glimmer of good news. A trio of ports in Northern California has been awarded $30 million, under the Transportation Investment Generating Economic Recovery (TIGER) program. In project expected to cost $69.3 million overall, truck ...
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Chennai looks for terminal share partner
Chennai Port Trust is discussing with PSA-Sical the possibility of sub-letting part of its new container terminal, given that it is currently handling fewer than 20,000 boxes.
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NewsSouthern ports merger gains pace
Port Otago’s sole owner, the Otago Regional Council (ORC), has declared strong interest in merging with Lyttelton Port of Christchurch (LPC) and has voted to consult its public on the issue.
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Maersk reports first loss for 60 years
Maersk has reported its first annual loss for 60 years and also forecasts making a modest profit in 2010 given its inability to increase prices.
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HPH sacks Amsterdam management team
Hutchison Port Holdings has dismissed the 11 of its 12 senior management team at Amsterdam Container Terminal.
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NewsIndustry slams UK Government policy
The UK government has recently received two severe rebukes over its ports and shipping policies from significant industry players, who have called developments hasty and “half-baked”.
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Marco Polo programme call for proposals
The 2010 call for proposals for a portion of the €64m ($88m) Marco Polo fund has been published on the organisation’s website.
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NewsAntwerp aims at international stakes
Antwerp has just announced it has its eye on acquiring stakes in foreign projects, and Nico Vertongen, a director of Antwerp’s newly created subsidiary, Port of Antwerp International (PAI), tells Port Strategy why.
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NewsThings are looking up – if you have the cash
Despite the pressure of increased environmental compliance, 2010 will be a good year for anyone in the shipping industry with cash and access to finance, said shipping accountant and adviser Moore Stephens.
