World News – Page 352
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DP World Callao
DP World officials have unveiled the company''s $1.3bn investment plan for the Muelle Norte Terminal at Callao port in Peru''s capital Lima to the country''s authorities and port unions.
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Baltimore buys space
The Port of Baltimore has snapped up 14.6 acres of adjacent land for $5.25m in an acquisition designed to relieve pressure on the port''s terminals.
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Manta rumours
Reports from Guayaquil, Ecuador suggesting that Hutchison Port Holdings (HPH) might be close to finding a compromise with the Ecuadorian government over its pulling of its commitment to develop the $525m Manta box facility (TIDE) have proved groundless.
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Resuscitation measures reach China's heart
Official figures confirm a move to invest in China''s relatively undeveloped interior has halted the sharp decline in cargo throughput at ports along the Yangtze River, bringing a January year-on-year increase of 5.7% to 80m tonnes.
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Itanian states backs port investment
Approximately $3.3bn has been invested in Iranian ports in recent years, claims the country''s Ports and Shipping Organisation.
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New JV for Yantian
Shenzhen Yantian Port Group and Hutchison Port Holdings are to jointly build a new container terminal at the Port of Yantian. The initial phase will involve construction of 1.39m square metres of operational area linked to a 1,442 metre long quay.
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Auckland breaks container record
Ports of Auckland set a new single-month''s throughput record of 59,585 containers during December - 2% higher than the previous best of 58,484 set in March 2007 and about 13% higher than the comparable December 2007 month.
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Zhuhai aims for Peal Delta crown
Trial operations have begun on the latest phase of developments at Zhuhai International Container Terminals (Gaolan) (ZICT) with the recent docking of the 6,350 teu APL New Jersey at one of its two new 50,000 tonne container berths.
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Everglades development part of "economic machine"
Construction of a new 41 acre marine terminal for containerised cargo at Port Everglades has received the go-ahead from the Broward County Board of County Commissioners.
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Paradip deadline
Paradip Port Trust has until March 31 to sign construction contracts for two new berths; one to handle coal and the other iron ore. The last date for submissions is February 12.
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Automation in Taiwan
The first automated container terminal in Taiwan is hooking up with CATOS, a software solution for bringing together yard, tandem, and gate operations.
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IADB helps out Montevideo
The Inter-American Development Bank has agreed a $40m loan for the Port of Montevideo for a period of 25 years, with matching funds of $13 million to be provided locally. This will help finance a new multi-purpose terminal and also deepen the access channel.
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"No Red Tape" committee through red tape
The IMO Facilitation Committee (FAL), the body that promotes smooth transition of shipping between international ports and offshore terminals, has cleared the last hurdle to it becoming a fully fledged institution of the organisation.
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UAE buys Poti
The Georgian Port of Poti has sold a 49% stake to RAK Investment Authority of the UAE for $65m; the same company had earlier bought the other 51% for $90m.
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Inland NZ ports agreement encouraged
An operational agreement is essential if rivals Ports of Auckland and the Port of Tauranga are to fully exploit the potential gains of their inland port offerings, said Tapper Transport director Simon Tapper.
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IFC supports Canal expansion
The International Finance Corporation, part of the World Bank, has approved a $300m loan for the Panama Canal Authority. The loan will help fund the Canal's $5.25bn expansion of canal capacity. The loan is to be repaid within the next 20 years.
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ICTSI eyes expansion
Manila-based global port operator ICTSI hopes that experience of the Asian meltdown in the late 1990s will help guide it through the current economic crisis
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Indian port commandos
Following last year''s terrorist attacks on the Indian city of Mumbai, all major ports in the country are to be guarded by their own elite marine commando units.
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Rates - no handing back the yolk
Louise Ellman, UK MP for Liverpool Riverside, has again taken her fight against port rate rises, and the attempt of the UK Valuation Office Agency to push through three years of backdated bills, to Parliament.
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Gdansk tops 100,000 teu in 2008
The Polish container terminal operator DCT Gdansk passed the 100,000 teu mark ahead of expectations in mid December, helped by the arrival of Maersk Line at the port on the 1 December.