World News – Page 498
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NewsCHINA HOOVERS UP WORLD IRON ORE PRODUCTION
Alex Hughes talks to major iron ore exporters and finds them all responding to China''s spectacular demands
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NewsSouth Africans progressing ports legislation
Additional clauses have been inserted into South Africa''s National Ports Authority Bill enabling Public Enterprises minister Jeff Radebe to direct state holding company Transnet to speed up the privatisation of its ports division if he detects any signs of deliberate foot dragging. Transnet currently generates much of its profit from ...
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Genoa latest to institute CSI
Genoa has become the 14th member port of the Container Security Initiative (CSI). It joins Rotterdam, Le Havre, Bremerhaven, Hamburg, Antwerp, Singapore, Yokohama, Hong Kong, Gothenberg, Felixstowe, Vancouver, Montreal, and Halifax in the US-led scheme.
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Andean inland project gets go-ahead
Chile''s Public Works Ministry has given the goahead for the construction of a new dry port high in the Andes at Los Andes, a central border crossing with Argentina. The concession for the terminal is for 25 years with investment of US$10-16m forecast.
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NewsBeirut aims to crack Iraqi humanitarian market
The UN''s World Food Programme is currently making use of six Middle East ports to direct relief aid through to Iraq. Lebanon has recently joined Syria, Jordan, Kuwait, Turkey and Iran after agreeing to cut several port tariffs at Beirut by 50% and abolish others completely.
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Mazda switches distribution from Antwerp to Barcelona
The Japanese car maker Mazda has moved its Southern Europe distribution hub from Antwerp to Barcelona, where it will make use of Barcelona Autoterminal. The move was prompted by better value added services and good customs clearance. Vehicles will be shipped in from the US, Thailand and Japan on either ...
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APL seeking Chinese terminal investments
APL has revealed that it is in discussions with two Chinese container terminals with a view to taking an equity stake.
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Lazaro Cardenas box terminal out to concession
Francisco Lopez Barredo has been awarded the concession to operate the Terminal Especializada de Contenedores box handling facility at the Mexican port of Lazaro Cardenas. His bid included investment of US$7m compared with US$6.97m offered by ICAVE, US$4.41m by P& O Ports and US$3.86m by the Intercom consortium.
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Dalian invests
The port of Dalian is to double capacity investing US$1.45bn in the next five years having already invested US$143m on box handling facilities. Dalian Container Terminal and Dalian Dagang Container Terminal handled a combined 1.3m TEU in 2002, the 13% boost in throughput effectively pushing the terminal to saturation point.
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Bidding extension for Montevideo m-p terminal
Uruguay''s National Ports Authority (ANP) has extended from May 9 to August 8 the deadline for bids to be received for a 30-year BOT concession associated with the proposed multipurpose terminal at the port of Montevideo.
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Major upgrade for Laem Chabang terminals
The Port Authority of Thailand has earmarked 16bn baht (US$385m) to convert Laem Chabang into a dominant regional hub.
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Funding for Pusan project
Pusan Newport Co (PNC) has received financial backing of US$480m for the construction of its new terminal in Pusan.
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NewsOn the horns of an African dilemma
Steve Camerson reports with breaking news on the hard-fought concessions over the Luanda and Douala port privatisations
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Dole's Ecuador banana port up to 60% of capacity
According to Juan Carlos Alferez, manager of Dole Ecuador''s new private port, near Guayaquil, throughput of mainly export bananas has pushed the facility up to 60% of capacity. However, Dole is not the only customer with several other banana exporters channelling produce through the private port along with a handful ...
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Canal Trials
The Panama Canal Authority has initiated trials of simultaneous, two-way transits (Atlantic and Pacific bound) of large commercial vessels through the Canal.
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NewsChinese ports reaching saturation point
Shanghai handled a record 912,000 TEU in April, a month-on-month rise of 35%.
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Panama teams up to boost Asia business
The Port Authority of New York & New Jersey, which saw its Asian cargo volumes increase by 23% in 2002, has signed an agreement with the Panama Canal Authority to jointly promote the benefits of using the allwater route via the canal.
