World News – Page 99
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Malaysia reforms to improve competitiveness
Malaysia is planning to abolish some regulations to make its ports more competitive, especially in the transhipment sector, a senior government official has said. Many of the regulations were created to try to curb smuggling, but are now seen as hindering trade.
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Nod for new Yangon container terminal
Adani Yangon International Terminal has received approval to develop a second container terminal in Ahlon in Yangon, according to the Myanmar Investment Commission (MIC).
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NewsPoti faces cargo mobility challenges
The biggest challenge for a new terminal at Georgia’s Port of Poti will be ensuring there are feasible transport routes for delivering goods to key markets including central Asia, a finance expert has said.
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NewsMore Macquarie port assets sold off
DP World has acquired multipurpose marine terminal Fraser Surrey Docks in Vancouver from Macquarie Infrastructure Partners, a fund managed by the Macquarie Infrastructure and Real Assets division of Macquarie Group.
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NewsPort police demise creates crime window
Canadian ports need dedicated police to help tackle crime including the increasing theft of vehicles which are being exported through ports, a new report has found.
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NewsBuenos Aires $760m tender imminent
Argentina’s Ministry of Transport has approved the specifications of an international public tender to operate the renewed Port of Buenos Aires for the next 50 years.
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Ports Australia policy overhaul
Ports Australia has adopted a policy platform focusing on the three main ways ports can help improve Australia’s future: building maritime skills, using Australia’s “blue highway” and “improving lives through connected ports”.
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Auckland container shortage crisis talks
An ongoing empty container shortage plaguing New Zealand''s supply chain has led to a key stakeholder meeting being called to debate the challenges by Ports of Auckland (POAL).
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Tauranga port 'a success', finds Working Group
A 21-page interim progress report has been published by the Working Group undertaking the review of Upper North Island Supply Chain Strategy.
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NewsPSA picks up Macquarie disposals
PSA International said it has finalised an agreement to acquire Halterm Container Terminal in Canada’s Port of Halifax and Penn Terminals in Pennsylvania, US from Macquarie Infrastructure Partners.
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Guatemala invests to eliminate port congestion
The government of Guatemala must invest $133m into its ports’ network in order to reduce congestion and improve operations at existing terminals, according to officials.
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Just one bid for box terminal concession
Santa Fe-based Mundo Construcciones has been confirmed as the only bidder for the concession to operate a container and general cargo terminal at the Argentinian Port of Santa Fe.
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Three major port projects underway in Peru
In Peru, an updated Macroeconomic Projections 2019-2022 report prepared by the Ministry of Economy and Finance has revealed that three port projects are currently absorbing significant amounts of investment.
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China to invest $450m in Peru
In Peru, the regional governor of Ancash state, Juan Carlos Morillo Ulloa, has revealed that China Communication Construction Company (CCCC) is to invest more than $450m in an upgrade of the Port of Chimbote.
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Costa Rican port faces operational collapse
The Costa Rican Pacific ports institute, Instituto Costarricense de Puertos del Pacifico (INCOP), has claimed that the Port of Caldera has effectively reached a point of collapse, with few options open to it under the existing operations contract.
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NewsLong Beach usage agreement helps COSCO
A 20-year usage agreement made as part of Orient Overseas (International) Limited''s (OOIL) US$1.78bn sale of Long Beach Container Terminal to Macquarie Group subsidiary Olivia Holdings will ensure a continued benefit for OOIL''s subsidary Orient Overseas Container Line (OOCL) and its owner Cosco Shipping Holdings.
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NewsRazon: Mixed bag for ICTSI ports this year
The chairman and president of ICTSI, Enrique Razon, Jr, has said that the business’ ports face mixed prospects in 2019.
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NewsFrustration of a one-track planning environment
Brexit: UK ports can''t be sure about it, can''t get past it and can''t ignore it. But, as Felicity Landon reports, they are trying to look beyond it
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NewsGame of leapfrog in the Mediterranean
Competition is heating up for the number one slot in the region’s container handling sector. Alex Hughes reports
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NewsBPA chair: ports a force for good
Ports are part of the solution, not the problem, when it comes to a range of challenges facing the UK, the chairman of the British Ports Association (BPA) has said.
