World News – Page 406
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Oz Blame Shifting
Blame-shifting over investment in ports infrastructure has come under fire by ports lobby group the Association of Australian Ports and Marine Authorities (AAPMA), which says that bickering has stopped progress.
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Antwerp plugs into SAM
SAM Electronics is to supply an On-shore Power Supply facility for Antwerp''s Independent Maritime Terminal, allowing up to three containerships to connect to it for approximately three days within any one week while berthing.
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NewsRising star of 'portcentric' logistics
"Portcentric" logistics is all the rage on the south coast of the UK, as the Port of Southampton commits to providing more space for companies that offer portcentric solutions.
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In an unusual twist in the business of port land sales, Philadelphia''s maritime interests have filed a lawsuit against the port authority''s proposed plan to use waterfront property for non-maritime business.
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The "triple net" lease model pioneered by the Port of New York and New Jersey (PANYNJ) in its latest terminal transactions puts the onus of investment squarely at the door of investors, writes Barry Parker.
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Longer opening hours boost Mombasa cargo
Cargo volumes handled by the port of Mombasa have increased following the decision to extend the opening hours for gate services.
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Cosco to set up transhipment hub in the Philippines
Cosco is looking into the possibility of establishing a major new transhipment hub in the Philippines, which would require investment of up to $3bn.
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NewsPSA investment supports local economy
PSA''s S$5bn ($3.3bn) decade-long investment in Singapore''s Pasir Panjang Terminal will take the operator''s total handling capacity to 35m teu when completed in 2009 and supports some 6,000 jobs locally, according to Kuah Boon Wee, PSA chief executive Southeast Asia and Singapore Terminals.
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Unions oppose Talcahuano privatisation
There has been strong opposition in Chile to the granting of a concession to operate the port of Talcahuano, with dock workers fearing they will lose their jobs.
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Barcelona approves El Prat recuperation budget
Barcelona Port Authority has approved a budget of ¢ 76m ($107.1m) for the repair of El Prat quay, which partially collapsed on January 1.
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Peruvian ports to handle one million TEUs
The Peruvian ports network will have handled 1m teu by the end of this year, which will be a new annual record. Traffic is expected to double by 2017.
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NewsBA on the verge of saturation
A recent report has revealed that the port of Buenos Aires is already operating at the edge of saturation.
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NPA already overspent on budget
The Western Ports division of the Nigerian Port Authority reports that it had overspent its entire budget for 2007 by the beginning of August.
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APM Terminals reduces boxes sent to bonded terminals
APM Terminals in Apapa Port in Nigeria has been accused of reducing the number of containers forwarded to bonded terminal operators in the area. This has resulted in many of them going out of business or being forced to lay off workers.
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Penang Port to be privatised
Konsortium Logistik Bhd, a consortium of senior executives, and a listed state company have all bid to take over Malaysia''s Penang Port Sdn Bhd.
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Adani Group in IPO
The Adani Group is expected to undertake an initial public offering worth $371m in October in respect of its Mundra Port and Special Economic Zone Ltd Co.
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HPH stand-down a boon to Northern Gateway project
Hutchison Port Holdings (HPH) has been swayed away from its tough stance blocking the development of the UK''s Northern Gateway project by developer PD Ports.
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NewsNY/NJ ties green bond with Rotterdam
The Port Authority of New York and New Jersey has committed to an "information and experiences" sharing agreement with the Port of Rotterdam to strengthen and expand environmental initiatives in both ports.
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"Serious" container capacity shortfall caution
Drewry Shipping Consultants has warned of an imminent "serious" global container terminal capacity shortage in its Annual Review of Global Container Terminal Operators 2007.
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NewsPSA will target feeder traffic at "East Port"
Singapore operator PSA says it will be in a strong position to attract feeder traffic at its new Great Yarmouth container terminal when it opens in 2009.
