World News – Page 402
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Puerto Montt concession deserted
The only bid to operate the Chilean Port of Montt, which was entered by construction company Luis Navarro, was judged to be non-compliant and the tender has been declared void.
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BMT buys Baxter
Consultant BMT has acquired specialist port consultant Baxter Eadie to bolster its international ports and logistics offering to customers.
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Georgia guarantees space to expand
Georgia Ports Authority has secured 175 acres of prime river-frontage land close to its Ocean Terminal, providing it with ample space to expand in the future.
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Portek takes over in Gabon
Portek International has been awarded a 25-year concession to manage the ports of Owendo and Gentil in Gabon. It will do this via its Gabon Port Management subsidiary, which will have a capital of $4m. Investment of $2m has been promised.
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Reform needed for Ports Law in Mexico
Port terminal operators in Mexico are campaigning for a reform of the national Ports Law to enable them to widen investment and growth possibilities.
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New Peel CEO
Peel Ports, one of Europe''s largest port operators, has appointed Stephen Baxter, the chief operating officer for BAA, as its new chief executive.
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Jiangsu in capacity boost
Jiangsu Lianyungang Port Company in China is to invest $2.6bn over the next three years to boost capacity.
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Private investment in Iranian ports
Since the start of its financial year on March 21, 12 private companies have signed contracts worth $181m to operate in nine Iranians ports, according to official figures.
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Latin America terminal meet
Uruguay is to play host to the first Latin American container terminals meeting in November to promote information sharing and transparency in the region.
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Liquid gold for GIP
Private equity firm Global Infrastructure Partners (GIP) has agreed a joint venture with Zeus Infra-management, in a deal that includes a 74% stake in liquid storage specialist East India Petroleum Limited.
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TT Club demands compulsory dangerous goods training
Specialist transport insurer TT Club has called for mandatory International Maritime Dangerous Goods (IMDG) Code training for shore-side handlers.
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NCSP ties to $73m debt facility
Novorossiysk Commercial Sea Port (NCSP) has signed debt facilities to the tune of $73m with Sberbank, the Savings Bank of the Russian Federation, to finance the development of new cargo handling facilities.
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Congo teams up with Northport
The government of Congo has asked Port Klang stevedore Northport to provide assistance and technical know-how in the development of the new port of Mandingo Kayes, located 40 km from the port of Point-Noire.
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Ports could be hit by end of IBAs
The British government''s surprise decision to phase out Industrial Business Allowances (IBAs) by 2011 could have a significant impact on ports and cargo handlers who have invested in warehousing and storage buildings, accountancy firm Moore Stephens has warned.
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Investment up in Spanish ports
In 2008, total investment in Spanish ports will reach ¢ 19.8bn ($28.1bn), which is ¢ 3bn ($4.3bn) more than in 2007. For its part, the government will invest ¢ 2bn ($2.8bn), an increase of 32% over 2007.
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Guayaquil port authority workforce cut by half
Half of the workforce previously employed by Guayaquil Port Authority no longer provides services for that body following their transfer to outside companies.
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New Chilean dry bulk company
Chilean businessman Leonardo Farkas, owner of the Santa Fé and Santa Barbara mining companies, has put together a company, Puerto Atacama SA, specifically to manage and operate dry bulk terminals. He has also expressed an interest in building a new port in Chile at Huasco.
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Southern NZ merger talks
"Low-level" merger discussions are understood to have commenced between Lyttelton Port of Christchurch and Port Otago.
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Congestion in Calcutta
Congestion at Calcutta Dock System has become so bad that stacking of containers has been banned in the yard; instead, boxes must be immediately whisked to container freight stations (CFS) located nearby.
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...and for Barcelona
Barcelona Port Authority has approved construction of a bio-diesel plant on its Inflammable Quay. In the meantime, it has received five bids to undertake repair work on Prat Quay, most of which involves domestic construction companies linking up with overseas specialists.