World News – Page 340
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Five new Nigerian ports planned
Nigeria is to build five new ports at Onitsha, Idah, Dekina, Lokoja and Baro in Niger state. They are said to be needed to tackle the perennial problem of congestion at existing terminals in Lagos, where containers remain an average of 28 days in the stacking yard because of problems ...
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Three Sino-Russian ports planned
China has announced a budget of $50m to build three multi-functional ports on the border with Russia. These will be sited at Tuntszyan, Jiamusi and Big Ussuri. Not only will these facilities be designated transport hubs, but they will also be involved in controlling water quality and responding to cross-border ...
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Fremantle considers capacity solutions
The port of Fremantle, in conjunction with the newly established Fremantle Ports Optimum Planning Group, has committed to a strategic planning programme to establish a solution to a long term capacity squeeze at the port.
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Upgrades on the way in Rio
Rio de Janeiro Port Authority, which overseas operations at the ports of Rio, Niterói, Itaguaí and Angra dos Reis, is looking to attract a series of new clients, backed by a package of investments.
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Green Goat
Virginia Port Authority (VPA) has begun using a new fuel-efficient, low-emission hybrid locomotive at its on-terminal rail operation at Norfolk International Terminals.
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Frank Robotham to leave Liverpool after 31 years
Peel Ports group marketing director Frank Robotham is to leave the company in July after more than 31 years at the Port of Liverpool.
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Record investment for Algeciras Bay
Private-sector investors have pledged ¢ 386m ($524.4m) for projects in the Spanish port of Algeciras Bay, in addition to the ¢ 153m ($207.9m) allocated by the port authority itself.
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Chilean companies frozen out of domestic ports privatisation
Chile''s privatisation process has become a hotbed of controversy, with the executive vice president of the Maritime and Ports Chamber of Commerce, Rodolfo Garcí a, commenting that it is "absurd" that multinational stevedoring companies will be permitted to bid for concessions while domestic operators will be excluded.
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HPH invests in Karachi
HPH is to invest in estimated $457m in Karachi''s new Deep Sea Container Port, which will generate royalty payments of $1.1bn during the concession.
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Georgia moves forward with expansion projects
Bucking the crisis, Georgia remains steadfast in its expansion aims. Felicity Landon reports
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A bounce after the downturn?
French cargo port Marseilles Fos is pondering if its recent throughput could indicate "a return to normal" after container and oil volumes begin to claw back from a decline caused by the global economic crisis.
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New port at Baku
The Transport Ministry in Azerbaijan is to start construction of a new deep sea port close to the village of Alyaty in Baku district in 2010. Originally, work was due to start in 2009, but will now be implemented in three stages and completed in 2016 at a cost of ...
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Townsville cash boost
The port of Townsville is to get an A$50m (US$37.7m) injection from the Federal Government to improve navy infrastructure. The funding will be used to upgrade unloading facilities for new naval heavy landing ships and to extend the port''s berth 10 to accommodate handymax and handysize commercial ships.
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Peru Ports
Japanese and Korean investors will finance the private initiative submitted by Minera de los Andes y el Pacifico (MAPS) for the concession of the port of San Juan de Marcona in Ica, which has a total investment of $2.2bn, Peru''s National Port Authority (APN) has reported.
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New York & New Jersey
The Ports of New York and New Jersey handled a total 88.9m tonnes last year, up 1.9% on 2007, but containers were down 0.6% to 5.26m teu.
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OECD calls for NZ infrastructure improvement
New Zealand needs to reduce domestic infrastructure bottlenecks and maximise the efficiency of its international maritime trade, according to the Economic Survey of New Zealand 2009.
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Jaxport figures
Jaxport''s tonnage figures for the six months to end of March show increases in containers, steel, lumber and liquid bulks, which have gone a long way to offsetting a 20% fall in vehicles, and a fall in breakbulk and dry bulks. The result is an overall 4% decline.
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Docks rating group points it out
The Humber Docks Rating Group has asked Secretary of State, Hazel Blears, to take the burden off UK ports and remove the current, unworkable situation which was implemented in the pre-Budget report last November.
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Stake in Israeli ports up for grabs
The Israeli government is planning to offer a 49% stake in both Ashdod Port Company Ltd and Haifa Port Company Ltd in 2011 in shares that will be listed on the Tel Aviv Stock Exchange. Arrangements to do this have already been included in the Ministry of Finance''s 2009 economic ...
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'Co-ordinate Australian port investment'
Ports Australia executive director David Anderson has called for Australia''s three levels of government to co-ordinate their investment in regional ports and the supporting supply chains.