World News – Page 344
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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.
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NewsNew port for West Bengal
The Indian government has recently proposed partially funding the development of a port on Sagar Island in West Bengal, hoping to release the bottleneck that presently strangles the area.
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NewsIndian Ocean: A businessman's paradise?
Mauritius is leading the Indian Ocean pack with its willingness to engage foreign investors, as Stuart Pearcey discovers
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NewsPorts still feeling impact of Chilean quake
The Chilean port of Valparaiso is reported to be 90% operational following the recent earthquake, however ports close to the epicentre at Concepcion have fared less well.
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NewsSustainable vision for Hamburg dock
Maritime engineering and environmental consultancy Royal Haskoning has just won first place in a competition to create a concept for Hamburg’s central dock area, based on a sustainable urban maritime development.
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NewsLiberian development goes to APM
APM has won a 25 year concession at the Port of Monrovia in Liberia as part of a public tender process.
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On the right tracks
Rail and road links are opening apace – necessary since China is pulling in larger and larger amounts of natural resources through its ports.
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NewsA value-for-money approach
APM terminals’ Asia Pacific operation has been in the thick of the recent industry upheavals, and while there are some positives signs of growth, the squeeze is still on.
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NewsUS abandons 100% scanning target
The latest United States budget has moved away from the aim of scanning 100% of US-bound container cargo at over 700 foreign ports.
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NewsForth bids spark expectations
The battle for Forth Ports, owner of some of the UK’s largest facilities, is heating up with the company’s share price positively reflecting the strong interest.
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NewsYangtze aims higher – and deeper
A port survey has shown that the total investment earmarked for expansion and renovation projects along the 2,838km navigable length of the Yangtze river now comes to around $4bn.
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NewsScotline calls in liquidators as it faces £600,000 rates bill at Goole
Scotline has been forced to put its Humber terminal into liquidation after receiving a court summons over a £600,000 backdated rates bill.
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NewsIreland's Bremore port plan slammed as unnecessary
A controversial plan to build a new port, competing with Dublin Port, has been criticised by Enda Connellan, chief executive of Dublin Port Co, for being the sole “legacy of unsustainable public expenditure” in the Irish ports sector.
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NewsFinnish ports face strike threat
While Finnish passenger and goods traffic was set to resume today after unions struck a deal with employers, an agreement has yet to be reached with the nation''s port workers.
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Melilla targets Med hub status
The Spanish Moroccan enclave of Melilla has introduced plans to build a large new commercial port.
