World News – Page 398
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NewsSafety crackdown for Australian stevedores
Australia is to enforce a national health and safety code for stevedoring after a series of accidents in ports over the past 18 months.
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Tecondi ups capacity
The Tecondi container terminal at the port of Santos in Brazil plans to increase capacity by 180% to 700,000 teu, which is equivalent to 29% of all containers handled at the port of Santos in 2006. This will require investment of $102m.
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Cavotec celebrates European opening
John Polatz, investor relations director with New Zealand-headquartered Cavotec MSL, believes the newly-signed contract with Denmark''s Nordic Ferry Services will prove vital to sales of its vacuum mooring units in Europe.
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Monopoly concerns in Ecuador
The Association of Ecuador''s Private Port Operators has asked the government to avoid creating monopolies.
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Second quay for Coronel
The Chilean port of Coronel is to raise $20m of new capital for the construction of a second quay and also to finance other investments. The port, which is Chile''s main outlet for forestry traffic, needs the extra three berths to boost cargo to 3.5m tonnes.
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Vietnam favours steel over containers
Vietnam has halted work on the construction of its first international container terminal and instead shifted resources to the construction of a steel mill promoted by the South Korean company Posco.
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Victoria's opening
Victoria''s newest terminal operation, Port of Gippsland, is expected to be open for business this month. Gippsland Maritime Logistics will run the terminal as a common-user offshore support facility.
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Spanish stevedores seize labour company control
Stevedoring companies have taken equity control of 19 of the 36 Port Labour companies in Spain, which will become Economic Interest Port Groups (APIEs).
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St Petersburg jurisdiction change
Jurisdiction of the port of St Petersburg may well be transferred to the local authority in the near future on the back of new legislation planned for the autumn. St Petersburg is also expected to become the first in Russia to be a designated a Special Economic Zone.
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Farfán tender withdrawn
The Panama Maritime Authority has voided the tender issued in respect of the new $500m Farfá n mega-port on its Pacific coast. The project will now be taken forward by a consortium consisting of Cosco Pacific and MTC Holdings following direct negotiations with the Panama government.
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PSA's $60m for Kandla
PSA will issue preference shares to raise $60m to invest in ABG Kandla Container Terminal Ltd. These will be convertible into equity shares after October 2011, but will not exceed 49% of paid-up equity share capital.
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NewsTangier terminal is on the rise
APM Terminals Tangier is ramping-up operations at the new container port and transhipment hub at the mouth of the Mediterranean Sea.
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NewsContainer terminal meets the mark
Classification society Germanischer Lloyd''s award of its first Container Terminal Quality Indicator (CTQI) standard is an important step towards meeting the challenge of comparing global box terminals.
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NewsLondon Gateway clears final hurdle
DP World''s monster London Gateway port project has received the final seal of approval from the UK Government, making its dream of creating the country''s most advanced container port a reality.
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NewsLiverpool crane crashing marks a sign of the times
Dramatic photos taken as the Port of Liverpool disposed of two redundant quayside cranes mark striking images of port progression in the 21st Century.
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NewsRostima update
Workforce management specialist Rostima is gearing up for two large scale roll-outs of its products in Malaysia and the United Arab Emirates.
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NewsAnother boxport slated for the Malacca Strait
Karimun in Riau Islands province, Indonesia, will commence construction of a container terminal this year in a bid to promote its status as a special economic zone.
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Transit port for landlocked Laos to be built in central Vietnam
A transit port reserved for Laos commodities will be built this year at the Vung Ang Port in the central Vietnamese province of Ha Tinh.
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ASEAN defined
The Association of Southeast Asian Nations (ASEAN) is a regional community of ten nations in Southeast Asia (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam) that aims to accelerate economic growth and social progress.
