World News – Page 355
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NewsAustralian landside links under the microscope
After almost two decades of intense scrutiny of the performance of its container terminals, Australia is turning in new directions - to the landside links in the logistics chain, and to measurement of the efficiency or otherwise of its bulk ports.
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NewsAus-NZ Feature Material from Dave Mac
The global meltdown has pushed many New Zealand and Australian port operators into survival mode. Dave and Iain MacIntyre report
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NewsRational thinking
Port executives gathered at TOC''s annual European conference in Bremen this month called for rational thinking in this time of crisis.
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News'Worst year ever' for box port growth
Neil Davidson, director ports, Drewry Shipping Consultants, pulled no punches at TOC Europe when he told delegates the days of 20x Ebitda port valuations are over.
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NewsGlobal institute launches port cluster council
The Global Institute of Logistics (GIL) has launched a Port Cluster Governance Council to drive best practice at public-private partnership ports around the world.
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News'Cross roads' for NZ
Jens Madsen, managing director of New Zealand''s Ports of Auckland, has described the country as "at a cross-roads", warning that if it does not rise above a ''parochial'' mentality it could end up as a "spoke to Australia, rather than a hub of its own".
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Assets ripe for the picking
Port Fund principal Ghislain Lorthiois has advised would-be ports'' investors to "revise their ways of asset valuations" if they want to secure future profitability.
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Tyne to rise to 2009 challenge
The UK Port of Tyne anticipates a “much more difficult trading period” in 2009, in line with the downturn affecting its customers.
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NewsRates fight dealt another blow
The fight against crippling backdated rates bill for UK port tenants may have hit a stumbling block - one put there by the nation''s House of Commons, writes Stevie Knight
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NewsHinterland project for Humber
Plans for what will be one of the biggest port related developments in the UK -- covering almost 1,500 acres on the South Bank of the Humber -- have been submitted to North Lincolnshire Council.
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NewsMoin bids must hit high
A tender has been released for a new Greenfield container terminal at Costa Rican''s port of Moin, sister to the Caribbean port of Limon.
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NewsQueensland ports up for grabs in mass asset sell off
Queensland is to tackle a drop in its credit ratings by conducting a huge sale of infrastructural assets including the Port of Brisbane Corp and Abbot Point Coal Terminal. Other assets with the "for sale" sign include the state''s rail coal business.
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Brazil to see "hidden island" boxes rise from the sea
A "Hidden Island" in Guanabara Bay, Rio de Janeiro, could be turned into Brazil''s newest container terminal, if a plan from the Rio de janeiro state govenment goes ahead.
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Gijón Port expansion progresses
A new dock''s outer perimeter and nearly 4,000 metres of sea wall have been completed at Gijó n Port.
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NewsFelixstowe South emerges from the sea
The first phase of reclamation work at the UK''s Felixstowe South development has been completed, with 750,000 cu m of unsuitable material removed and 1.7 cu m of sand placed on site by Westminster Dredging, part of the Royal Boskalis Group.
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Waiting times to fall at Algiers
By the beginning of next year, DP World has stated that waiting time for vessels at the port of Algiers will be reduced from three weeks to just four days.
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Buenaventura continues investment despite traffic fall
Although traffic at the Colombian port of Buenaventura fell by more than 5% during the first quarter, the planned investment programme for 2009 by port company Sprbun will continue. April has seen a significant rise in the number of bulk carriers visiting the port and it is hoped that this ...
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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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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.
