World News – Page 423

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    Rotterdam's ECT bans empties

    2007-04-01T16:26:00Z

    ECT Delta terminal in Rotterdam is no longer accepting empty containers as a means of reducing the dwell time of boxes in the terminal.

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    IRANIAN PORTS PRIVATISATION

    2007-04-01T16:26:00Z

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    DP WORLD TO INVEST $8.2BN

    2007-04-01T16:26:00Z

    DP World has announced investment of more than $8.2bn in the development of 10 new ports and upgrade work at three others. Among its largest schemes are a $459m new box terminal in Qingdao and a $302m container terminal development in Djibouti.

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    MAJOR MOMBASA CONGESTION

    2007-04-01T16:26:00Z

    Mombasa is suffering major congestion, due to vessels switching from the neighbouring port of Dar es Salaam, where congestion is even worse. Importers are also being blamed because of the slow clearance of containers from the port.

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    MAERSK MONOPOLY FEARED

    2007-04-01T16:26:00Z

    Existing companies at the port of Tema have called upon Ghana Ports and Harbours Authority to scrap an agreement that it has with a foreign consortium, Meridian Port Services (MPS), to operate the container terminal. 

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    Mombasa to stay in public hands

    2007-04-01T16:26:00Z

    Kenya''s Transport Minister has labelled as ''unrealistic'' plans to privatise container handling at the port of Mombasa.

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    Iran boosts capacity at ports

    2007-04-01T16:26:00Z

    By 2010, capacity across all Iran is ports will have reached 150m tonnes, compared with 115m tonnes at present.

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    Eight in for Khalifa

    2007-04-01T16:26:00Z

    Eight consortia have sought prequalification to bid for the Khalifa and Industrial Zone project, with initial infrastructure work scheduled to commence by mid-year, claims Abu Dhabi Port Company.

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    Sohar attracts serious investment

    2007-04-01T16:26:00Z

    The port of Sohar in Oman has attracted $12bn of industrial and infrastructure investment in under three years, prompting its corporate communications manager Dirk-Jan de Vink to note that it was now the ''fastest-growing port project in the world''.

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    Brazilian for Khorfakkan terminal

    2007-04-01T16:26:00Z

    CMA CGM has opted for Gulftainer''s Khorfakkan Container Terminal as a Middle East call on its Vasco service, covering Brazilian ports to and from the Middle East and South Asia.

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    REDUNDANCY OPPOSED

    2007-04-01T16:26:00Z

    The plan announced by Liberia''s National Port Authority to lay off 350 workers because of financial difficulties has been challenged by the Dock Workers Union.

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    TYRE SHORTAGE CRISIS

    2007-04-01T16:26:00Z

    A global tyre manufacturing shortage is forcing New Zealand container terminal operators to alter ordering patterns and even seek new supply lines to keep their large wharf machinery in operation.

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    NEW ZEALAND INTERIMS

    2007-04-01T16:26:00Z

    New Zealand port companies who have recently published financial results for the six months to December 31, 2006 include: Northport - NZ$7.5m (US$5.2m) after-tax profit (up 834%) and NZ$9.4m (US$6.5m) (up 217%); Port of Tauranga -- NZ$21.3m (US$14.8m) after-tax profit (up 56%) and NZ$73.7m (US$51.2m) revenue (up 20.7%); Lyttelton Port ...

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    TAURANGA BOXES CLEVER

    2007-04-01T16:26:00Z

    NZX service vessel Dolores was recently completely discharged at the Port of Tauranga by three cranes over a 23.2-hour period. The resulting 2064 container moves were completed at an average vessel rate of 91 moves per hour and average crane rate of 31.7 movers per hour.The world standard for crane ...

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    PORT WALCOTT INVESTMENT

    2007-04-01T16:26:00Z

    Mitsui Iron Ore Development is to invest $284m to increase the export capacity for iron ore at Australia''s Port Walcott, situated at Cape Lambert, rising from 55m tonnes to 80m tonnes a year.

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    DP World calls off Australian merger

    2007-04-01T16:26:00Z

    DP World has abandoned plans to merge its Australian subsidiary P& O Maritime Services with offshore oil services firm Mermaid Marine Australia. An agreement, which had been reached by both sides in December, would have involved a share swap, leaving DP World with a 60% stake in the joint company. ...

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    Geelong considers intermodal freight options

    2007-04-01T16:26:00Z

    The Australian city of Geelong is toundertake a detailed study of theimpact an intermodal terminal wouldhave in enhancing its freight anddistribution networks

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    Newcastle policy reversal

    2007-04-01T16:26:00Z

    Port Waratah Coal Services has asked the Australian Competition and Consumer Commission to approve a revised capacity balancing system for the port of Newcastle.

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    Northern port merger in doubt

    2007-04-01T16:26:00Z

    Competition lawyers believe New Zealand''s Commerce Commission will prove a difficult obstacle to any potential merger plans between the ports of Auckland and Tauranga.

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    Melbourne prospects boost

    2007-04-01T16:26:00Z

    A deepening project proposed for Victoria''s Port Phillip Bay has been given the thumbs-up by the treasurer of  Victoria, John Brumby.