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Cosco Pacific to Sell CIMC Stake for $1.2 Billion

21/05/2013
Chinese port operator Cosco Pacific Ltd. (1199.HK) said Monday it has agreed to sell its entire 21.8% stake in container maker China International

MSC Belgium makes port of Antwerp more secure

21/05/2013
Criminals are constantly on the lookout for new ways to steal, not least in ports. MSC Belgium is the first ship’s agent to introduce a new container release system that enables

P580-M loan for port dredging still on hold

21/05/2013
For three years now, government has been trying to get a P580-million loan to dredge and deepen the sea

Adani Ports: riding on faster volume growth

21/05/2013
While major ports in the country are struggling with growth in volume, the smaller ones seem to be growing at

Pascagoula's LNG import terminal wants to export natural gas

21/05/2013
Big changes may be coming for Gulf LNG, the liquified natural gas terminal that is two huge storage tanks on

World Bank arm assessing new complaint against Vizhinjam port

21/05/2013
The World Bank Group’s independent arm CAO is assessing a new complaint that alleges the proposed multi-

DP World Limited : Business Leaders of Tomorrow Mentored by DP World Leaders Today

21/05/2013
In an initiative that brought together age and experience with youth and enthusiasm, UAE national students

HOT PORT NEWS from GAC

20/05/2013
DATE: May 20, 2013
COUNTRY: Worldwide
Notice regarding SPM Channel regulations

Major ports capacity addition “distant dream”: Panel

20/05/2013
Concerned over slow pace of capacity addition by 12 major ports, a Parliamentary panel has said plans to increase their capacity to 1,229.24

Northport becomes first port to acquire cranes equipped with state-of-the-art system

20/05/2013
Northport (Malaysia) Bhd takes delivery of two new quay cranes for its container operations.
These cranes are part of

Israel: Govt plans to use army to break any port strike

20/05/2013
Haifa and Ashdod port workers are expected to strike in protest against the intention to build a new port.
Prime Minister Benjamin Netanyahu,

Felixstowe voted Europe’s best container port

20/05/2013
The Port of Felixstowe is celebrating after winning the 'Best Container Terminal in Europe' Award at the 27th Annual Asian Freight & Supply Chain

Development plan for Haifa HaMifratz Port approved

20/05/2013
A regional planning and building commission approved last week a four-billion-shekel plan for building the Haifa Bay Port - HaMifratz Port. The

Sharjah dry dock project in final stages

20/05/2013
A project to build a dry dock facility on Sharjah's eastern seaboard, away from the Strait of Hormuz, will be complete early next year, officials have said.

Israel to open private seaport to break state-owned monopoly

20/05/2013
Prime Minister Benjamin said on Sunday Israel would issue a tender to build a privately run seaport in the coming months, a move that would

Full-steam ahead in push for Sri Lanka’s shipping hub

20/05/2013
The last time Sri Lanka built a breakwater to protect its fleet of ships, the teardrop-shaped island off the coast of India, was called Ceylon and

India to set up port in Bangladesh

20/05/2013
As a result of the deepening relationship with Bangladesh, India is increasing looking to improving economic partnerships as there is growing realization that increased

NCSP Group turnover in January-April 2013 amounted to 49.5 mln tonnes

20/05/2013
Novorossiysk Commercial Sea Port Group announced that its consolidated cargo turnover for the period of January-April

Transhipment business model no good for Hong Kong

20/05/2013
Low value business brings little economic benefits to a port set up as a gateway to China.
Some ports lend themselves, via

Reality Check: EMU Ports See Continued Trade Weakness

20/05/2013
Empty containers and a decline in outgoing port traffic suggest Eurozone trade remained weak in the first quarter of this year, although
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