World News – Page 456
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NewsMooring Systems keen on Cavotec merger
Vacuum-mooring pioneer Mooring Systems has announced plans for a "reverse takeover" with its Dutch business partner Cavotec to form a top- 50 New Zealand-listed company.
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WATERFRONT STADIUM PLAN SLAMMED
New Zealand''s transportation industry has been scathing of a suggestion by Rugby World Cup Minister Trevor Mallard that Ports of Auckland''s Axis Bledisloe container terminal could be used to develop a stadium for the 2011 event. With an upgrade to Auckland''s Eden Park priced at about NZ$300m, the Government has ...
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TAURANGA MAINTAINS LEADING EXPORT STATUS
Statistics New Zealand has confirmed Port of Tauranga is the country''s leading export port, with a total value of goods annually exported of NZ$7.3bn (up 2.8% for the financial year) and annual volume of goods exported of 6.1m tonnes (down 3.3%).
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NZ shipping strategy gathers support
Introduction of a national ports policy and development of relevant port infrastructure to support an enhanced coastal shipping operation are key components of the New Zealand Shipping Federation''s draft maritime transport strategy.
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NewsWharf plan mooted by Marlborough
Port Marlborough has unveiled a multimillion dollar conceptual plan to create an enhanced inter-island ferry terminal and separate its cruise shipping activity on a new 200-metre wharf.
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Berth repairs at Dar as privatisation stalls
Handling activities at berths six and nine at the port of Dar es Salaam in Tanzania have been suspended to enable repair work to take place on corroded concrete piles. This should be completed by the end of the first quarter of 2007 and will cost an estimated $2.3m.
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NewsKalmar integrates South Africa operations
Kalmar has agreed to merge the service business of its South African service partner African National Engineering into Kalmar Industries South Africa (Pty) Ltd, the local subsidiary company established earlier this year in Durban and headed by Edwin Briggeman.
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JURONG TO DESIGN NEW PORT IN GUINEA
Jurong International has been awarded a $70m contract to design and build a new deep water port at Luba Freeport in Equatorial Guinea by Lonrho Africa, which holds a 63% stake in the project.
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MOGADISHU REOPENS
Following 11 years of closure, Mogadishu''s international port has been reopened.However, it requires $1m of urgent repairs.
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BRAWAL TAKES OVER NIGERIAN TERMINAL
Brawal Oil Services Ltd has been awarded a 25-year concession for Terminal A at the Federal Lighter Terminal in Onne Rivers State, in Nigeria.
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GRIMALDI OPENS TIN CAN ISLAND RO RO FACILITY
Grimaldi group member Ports and Terminal Multi-services Ltd has formally commissioned its multipurpose terminal at Tin Can Island, Apapa, Lagos.
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NewsAfrican sun spot
West Africa''s ports are setting the commissioning pace for the continent as private operators prove their worth. Steve Cameron reports
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Liquid gold keeps money pouring in.
Oil and gas revenues continue to stimulate investment up and down Africa''s western coast with Nigeria and Angola being the main beneficiaries.
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NewsHub potential yet to be realised
With some joined up thinking and probably some outside help,Coega and Durban have all the ingredients to make it as South Africa''s core ports.
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No let up in investment
Despite concerns that South Africa''s port developments are being dragged out,large capital investments are planned for 2006 and 2007.
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NewsPPP decision marks the start of new era
After years of debate on privatisation, the South Africa Treasury has finally laid down some principles for proposed public/private partnerships.
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A year to remember
Still with two months to go, it has already been quite a year for African concessions.
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NewsA calmer pace
East Africa''s less frantic approach to port development belies the undercurrent of activity taking place
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NewsPolish pair's Baltic ambitions
The Baltic is a hotbed of construction and development, as the region''s ports battle to house increasing domestic container volumes. Alex Hughes reports on the latest progress
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SPANISH PORTS UP 3.8%
In the first six months of 2006, Spanish ports handled 225.4m tonnes, an increase of 3.8%. Total box traffic amounted to 5.7m teu, 4.1% more than the corresponding 2005 period.
