A team of editors of World Maritime News has paid a visit today to one of the major ports of the Adriatic coast, the Port of Bar in Montenegro. Luka Bar AD rated this year’s business operation as less successful than that recorded last year. The management believes that this will be significantly improved by [...]
Egyptian Prime Minister Hesham Kandil called on Turkish businessmen to invest in the Suez Canal, one of the world’s the most important waterways, as the Egyptian government wants to turn the canal into a “development corridor” by establishing industrial zones on the left and right banks of the canal. “The Suez Canal’s contribution to the [...]
With the U.S. Senate considering S.601 the Water Resources Development Act (WRDA) to address infrastructure priorities on America’s coasts and rivers, Senator Lisa Murkowski introduced three separate amendments to boost Alaska’s emerging Arctic opportunities and address the needs of other vital waterfront areas in Seward and Haines. “Port and harbor investment is essential to so [...]
Ports of Auckland published its new port development proposals for public consideration. Tony Gibson, Ports of Auckland CEO said: “We’ve spent the past year listening to feedback from Aucklanders and advice from experts, and have come up with a new, more efficient, more compact development plan. “Auckland’s population will increase by up to 1 million [...]
Mariners are advised of marina construction works as part of development works at St Kilda Harbour by Royal Melbourne Yacht Squadron (RMYS) on the existing breakwater and the marina to provide a safe boat harbour facility. Development works will consist of installation of new piles and construction of a new marina to the western side [...]
In November, Premier announced that Clipper Round the World Yacht Race would be taking advantage of new berthing at Gosport Marina. Gosport Marina was granted permission to build 27 new 22-32 metre berths at the southern end of the marina. The construction of the new berths includes dredging around the southern entrance, piling and the [...]
The Government has taken following steps to make investment in Port projects more attractive: 1. Upto 100% Foreign Direct Investment (FDI) under the automatic route is allowed for Port development projects; 2. Income tax incentives are allowed as per Income Tax Act, 1961.; 3. Bidding documents like Request for Qualification (RFQ), Request for Proposal (RFP) [...]
U.S. Senator David Vitter top Republican on the Environment and Public Works (EPW) Committee, introduced S.601, the Water Resources Development Act of 2013 (WRDA), on the Senate floor. Vitter and EPW Committee Chairman Barbara Boxer (D-Calif.) are the lead sponsors of the bipartisan legislation. WRDA was unanimously approved by the EPW Committee in late March. [...]
The Minister of Communications and Transport, Mr. Gerardo Ruiz Esparza made a working tour to the Port of Lazaro Cardenas in which was announced the to the port logistics community as well as the audience, key strategic projects develop in this precinct. Hutchinson Port Holdings, SSA Mexico and APM Terminals submitted to the Minister the [...]
Sabah Ports Sdn Bhd, the port operating subsidiary of Suria Capital Holdings Bhd, will invest RM229mil over the next two years to further improve its port facilities and equipment to better serve the port users and shipping communities in Sabah. Suria Capital told Bursa Malaysia that its board, as well as the board of Sabah [...]
