Australia: Greens Applaud One More Bank Refusal

The Australian Greens congratulated the Royal Bank of Scotland on their recent decision not to finance the Abbot Point coal port expansion, coming just before the World Heritage Committee is due to decide the fate of the Great Barrier Reef.

The Royal Bank of Scotland joins Deutsche Bank and HSBC in announcing that they will not finance the Abbot Point coal port expansion to make it the world’s biggest coal port in our precious Great Barrier Reef,” Senator Larissa Waters, Australian Greens environment spokesperson said.

BHP, Rio Tinto, Anglo American and Lend Lease have pulled out of Abbot Point coal port, as the coal price has dropped with the world embracing renewables instead. These big names don’t want to be associated with this Reef-destroying project that both the Newman and Abbott governments are allowing to go ahead,” added Senator Larissa.

The World Heritage Committee has expressed concern about the Abbot Point coal port and is expected to decide overnight whether to give the Australian Government until next February to save the Reef’s World Heritage status from being downgraded to ‘In Danger’.

Press Release, June 18, 2014

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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