World News – Page 345
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K Line scoops green award again
Shipping line and operator K Line has been awarded the coveted Green Flag Award by the Port of Long Beach for the fourth consecutive year for its contribution to environmental conservation in 2008.
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Nine bid for Chennai
Nine bids were received to build the planned Chennai Mega-Container Terminal, which will be implemented as part of a build-operate-transfer contract lasting 30 years. The project requires investment of $730m over four years.
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Ying Kou in massive Chinese investment
The Chinese Ying Kou Port Group is to invest $439m this year on building new ports and terminals, which include dry bulk and oil handling facilities.
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Traffic meltdown at Durban
Durban Container Terminal reported a 15.6% drop in the year-on-year traffic between December and February. Had transhipment traffic not risen the downturn would have been around 29%.
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Botany reform to tackle congestion
The third trial of the New South Wales Government''s Port Botany reform, which will introduce peak pricing for the first time, will start mid-June. In it, Sydney Ports Corporation will examine the impact of off off-peak pricing to relieve truck congestion. Trial two will measure stevedores and truck operators'' standards ...
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CPP to buy Virginia port assets
US company CenterPoint Properties, which is heavily involved in property and infrastructure investment, has put forward an offer to acquire the port activities of Virginia Port Authority, which owns Virginia International Terminals that in turn operates Norfolk International Terminal, Portsmouth Marine Terminal and Newport News Marine Terminal, in addition to ...
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Dalian port buys Jinzhou
The Dalian Port Group has confirmed it is to buy Jinzhou Port this year. In 2008, it was revealed that Dalian Port would acquire an 18.9% holding at the cost of $278m, making it the second largest shareholder.
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NewsTo liberalise or not to liberalise?
Nazery Khalid weighs up the merits of a liberalised port tariff regime in Malaysia
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Liverpool equipment spend
Liverpool committed £ 6.5m to its Seaforth terminal in the last quarter of 2008, buying a £ 5.1m ship-to-shore Liebherr gantry and three new Noell straddle carriers from Germany at a cost of £ 1.4m. The gantry crane will have the capability to corner on to the terminal''s Berth S6, ...
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NewsCapacity rise for Abidjan
Bolloré Africa Logistics - through its operating subsidiary SETV - is investing ¢ 45m ($59.9m) to increase productivity at the Abidjan container terminal on the Ivory Coast.
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NewsWork begins on new Swedish port
A major new port project is about to enter into construction. The city of Malmö has signed an agreement with Skanska Sweden to build a facility in Norra Hamnen.
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NewsHPH axes business development jobs
Global port operator Hutchison Port Holdings is closing its business development department, with job losses said to be between 50 and 60 as a result.
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NewsPeru ports decision
Terminales Portuarios Euroandinos, a Peruvian-Portuguese consortium, has signed a deal valued at $227m to modernise Peru''s northern port of Paita, going well beyond the government-set minimum.
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Santos box losses feared
The Brazilian Chamber of Containers has warned that the port of Santos may lose up to 45,000 teu this year because the port''s customs authority''s has suspended customs clearance for rail-borne containers handled by the Libra group at its Ponta de Praia terminal. By forcing this box traffic to shift ...
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More investment for Manila
Philippines terminal operator Asian Terminal Inc is to invest $14.9m on additional development at its Manila South Harbour facility. This will be spent on modern handling equipment and the addition of 1,000 square metres of operating area.
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NewsClouds and silver linings
The dramatic slowdown in the last quarter of 2008 wasn''t enough to prevent record full-year results for the giant Benelux ports - but 2009 looks like being a different story. Felicity Landon reports
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Tauranga rejects partial offer
The Port of Auckland has called off its acquisition of the Port of Tauranga''s container trade, following the Port of Tauranga board''s rejection of their proposal for this part of their business, while not writing off the possibility of a full merger.
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JadeWeser on track
Detthold Aden, managing director of the BLG Group, has stated that, despite the credit crunch, construction of JadeWeserPort remains on schedule.
