World News – Page 367
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Congestion mounts at Lagos
At the end of December, the Nigerian Minister of Transport gave the Nigerian Ports Authority just two weeks to find solutions to congestion stalling operations at ports in the Lagos area.
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International interest in San Antonio
According to San Antonio Port Company (EPSA), several global stevedoring groups have expressed an interest in the 30-year concession to build and operate the new Costanera terminal at the port. With an forecast investment of $400m in new infrastructure, EPSA estimates that an award will be made in the third ...
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Crane corners deep sea shipping
A new ship-to-shore gantry crane has arrived at the Port of Liverpool for the Royal Seaforth Container Terminal where berthing for deep sea ships is to be increased by a third.
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Riga projects
The Port of Riga saw volumes increase by 13.8% to 21.9m tonnes in the first nine months of this year. The increase reflected growing volumes in dry bulks, mostly coal but also sugar, cereals, peat moss and ore, says a port spokeswoman.
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Klaipeda cargo record
The Lithuanian port of Klaipeda handled a record 27.36m tonnes last year (2007), an increase of almost 16% on 2006. At the time of writing, the forecast was another 10-15% increase for 2008, to over 30m tonnes.
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Share swap-shop for HPH
A giant share swap-shop has been taking place between Hutchison Port Holdings (HPH), Nippon Yusen Kabushiki Kaisha (NYK), and the Evergreen group.
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Busan committed to global programme
Bucking the trend, Busan Port is to globalise its operations in the face of the economic slowdown.
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Tallinn investments
The Port of Tallinn has set itself strategic goals for its three major business lines - cargo handling, passenger transport and real estate development.
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Salalah expansion signs up tractors
Kalmar has been awarded a contract to supply 42 Ottawa 4x2 terminal tractors for the expansion of the Port of Salalah, located in the southern region of Oman.
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Peru Ports Concessioning
Strong signs are emerging of a shake-up in Peru''s ports sector with the Prime Minister Yehude Simon stating that the government plans to prioritise ports, especially concessioning.
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Pimental woos Americans
US investors have shown great interest in financing the improvement of Pimentel port in the northern Peruvian city of Chiclayo, local mayor Roberto Jacinto Purizaca has said.
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Tuxpan to go ahead
The Mexican deep water Port of Tuxpan will definitely go ahead at a cost of $280m. Finance will come from a consortium of ports and industrial parks, as well as from the Spanish company Prointec and the government of Veracruz state.
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Seagirt terminal upgrade
Maryland Port Authority has hired consultants to identify potential bidders interested in spending $100m-$120m on boosting capacity at the Seagirt Marine Terminal in return for a lease agreement.
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Auckland revaluation
"Competitive" trading conditions have seen Auckland Regional Holdings drop Ports of Auckland''s book-value from NZ$587.8m (US$323.4m) to NZ$495.7m (US$272.7m). The Auckland Regional Council subsidiary also expects a NZ$24.3m (US$13.4m) dip in the port''s dividend yield over the next three years and NZ$100m (US$55m) drop over 10 years.
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Painting a rosy picture
A "Baltic Port Barometer" study carried out in June-August this year painted a rosy picture of growth and investment. Felicity Landon examines the findings
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Queensland port potential
A new port will be built if approval is forthcoming for a 30 million-tonnes-a-year coal mine in Queensland''s Galilee Basin. Hancock Prospecting has studied Abbot Point and Dudgeon Point, to the south of Hay Point, as possible locations.
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Turkish port's expansion plans
Marport East (previously Kumport), has ordered another eight E-One+ rubber-tyred gantry cranes from Kalmar to support its five-year expansion plan, which also includes land reclamation and bridge connections.
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The Italian job
Kalmar has acquired an 80% share of two Italian service companies, CVS Technoports and CVS Service from the CVS Ferrari Group, who will retain 20%. The companies will work under the name Officine Cargotec Ferrari and will focus on developing the service offering towards container and material handling customers in ...
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Spain ramps up port investment
Spain''s Development Ministry is to invest ¢ 1.537bn ($1.94bn) in the national ports network, covering construction of 2,900 metres of linear berth and 91 hectares of new operating area.