World News – Page 375
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Dibden Bay "safeguarded" for the future
Dibden Bay will be "safeguarded" for future use within Southampton''s port masterplanning exercise, it has been revealed.
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Indo-Malaysian group gets Vizhinjam
The Malaysian company Penbinan Redzai, along with Indian partners Lanco Infratech and Lanco Kondapalli Power, has been awarded a 33-year concession to build a container terminal at the Indian Port of Vizhinjam.
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DP World falls short of Chennai performance targets
Chennai container terminal operator DP World has agreed to pay $22m in compensation for not having covered minimum container throughput figures for non-transhipment traffic between December 2006 and November 2007.
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Dorset withdraws objections to Portland plans
Dorset County Council has withdrawn its objections to a major expansion at the south coast port of Portland, after the port agreed to contribute to the cost of local road improvements.
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NewsPanama targets canal traffic
Panama Port Authority is aiming to boost its logistics provision to enable national ports to operate as international hubs.
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NewsBathside Bay 'not until mid next decade'
The construction of a new UK container terminal at Bathside Bay, Harwich is unlikely to start until at least the middle of the next decade, a seminar on port congestion has been told.
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NewsTCB expansion tender issued
Barcelona Port Authority has issued a tender for the extension of the South Quay, which will be incorporated into the concession of Barcelona Container Terminal (TCB).
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Duisburg multimodal terminal
Duisburg is to be the home of a new 35,000 sq m trimodal container terminal, part funded by South Africa''s Imperial Group. Due to open in spring 2009, the terminal will be part of a new transportation link between the Upper Rhine ports and Duisburg, handling cargo which is not ...
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Colombian concession extensions
The operators of the Colombian ports of Buenaventura, Santa Marta and Baranquilla have each been given a 20-year concession extension. In exchange, Buenaventura will have to invest $450m in upgrading its facilities, Santa Marta $128m and Baranquilla $178.
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NewsRubber Gantries Part of Green Initiative in HK
Hongkong International Terminals (HIT) is deploying 17 electric rubber-tyred gantry cranes (eRTGs) in the first phase of a HK$140m (US$18m) crane-electrification programme that will reduce emissions at Kwai Tsing Container Port.
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NewsCharity begins at home
A community fund in Felixtowe has been launched with the backing of twelve local shipping and transport companies.
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Maersk signs up with Felixstowe
Maersk Line has signed a ten-year agreement with the Port of Felixstowe which will give the shipping line priority terminal usage.
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Green scheme for Southampton
A UK first has been made by the ABP Port of Southampton who has recently started to obtain its power through a combined heat-and-power-led district energy scheme, reducing the port''s carbon dioxide emissions by 30%.
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LLX to shed 30% equity stake
The Brazilian logistics company LLX is to sell a 30% stake in its operations to a strategic investor for approximately $3.5bn. The sale is slated to take place before the end of 2009.
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NewsThreat of boycott hangs over Limón and Moín
Shipping lines Crowley and APL have warned the Costa Rican ports of Limó n and Moí n that they are considering dropping calls on the back of poor service.
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NewsNZ news snippets for July (pics to come)
Recent shipping service losses have forced PrimePort Timaru to make 23 permanent full-time and part-time positions redundant.
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Traffic slowing at Shanghai
China Merchants Holdings predicts that Shanghai International Port will handle 30m teu this year, despite the slight downturn in the global economy. However, in the four months to the end of April, throughput had risen by 11.4%, compared with an increase of 20.4% the previous year.
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Three in the frame for Salonika
Salonika Port in Greece says that it will have addressed all objections raised as part of the bidding process in respect of privatisation of port handling by the end of July.
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Financial Performance of NZ Ports Criticised
A hard-hitting report on the New Zealand port sector by investment bankers Rockpoint Corporate Finance suggests that the vast majority of the increase in shareholders'' funds achieved by port companies over the last decade has been due to revaluations of land and property holdings.
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Otago on strike notice
Port Otago has narrowly avoided its first serious industrial action in 21 years, with two unions issuing notice of an overtime ban after failed mediation talkes on pay.
