Search results for: growth

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  • 12 November 2013
    Business & Finance

    A new consistent planning zone for Victoria’s major ports has been approved, in a move that will secure the future growth of the freight sector and its contribution to the State’s economy. Planning Minister Matthew Guy said the zone and streamlined planning controls will create an effective buffer between port operations and uses in adjoining […]

  • 11 November 2013

    Prime Minister Abdullah Ensour said on Saturday that the port city of Aqaba is Jordan’s sole sea gateway that had been an economic and naval “beacon” connecting the Levant and the Arab Maghreb. In remarks at the opening of a meeting of the 47th session of the Arab Sea Ports Federation board in Aqaba, Ensour […]

  • 11 November 2013

    The African Development Bank Group (AfDB) and Namibia on Friday, November 8, 2013 signed a ZAR 2.9 billion (US $338 million) sovereign guaranteed loan to Nambia Ports Authority (Namport) to finance the construction of a container terminal at Walvis Bay New Port. In line with its Ten Year Strategy and focus on infrastructure development and […]

  • 11 November 2013

    A landmark agreement improving co-ordination of the consenting process for coastal development in England has been launched today. The coastal concordat sets out key principles which marine regulators and advisors and estuarine/coastal planning authorities will follow when working together to enable coastal development in England. These principles include reducing unnecessary regulatory duplication, providing better sign-posting, […]

  • 11 November 2013
    Business & Finance, Equipment, Technology

    The Port Finance International Brazil 2013 conference is scheduled for 12 & 13 November 2013, in Bolsa do Rio Convention Centre, Rio de Janeiro. Bringing together leading players in the Brazilian ports sector to discuss the challenges and opportunities in this developing ports sector, Port Finance International Brazil will provide all those who attend with […]

  • 11 November 2013
    Business & Finance, Equipment, Technology

    DP World’s UAE Region Senior Vice President and Managing Director, Mohammed Al Muallem, said that the dynamic changes in the shipping industry and the diversification of developing GCC economies underpin the growing efficiency of the region’s supply chain. In his address to the “Seatrade Shipping and Investment Forum 2013” in Abu Dhabi, Mr. Al Muallem […]

  • 11 November 2013
    Business & Finance

    President Barack Obama toured the Napoleon Avenue Container Terminal last week and spoke to a crowd of more than 500 on the importance of growing the nation’s economy through increased exports. “This is one of the busiest port complexes in the entire world,” President Obama told the crowd following a tour of the Napoleon Avenue […]

  • 8 November 2013

    After more than a decade of planning and construction across three square miles of development, DP World London Gateway deep-sea port is now open, providing British exporters and importers with a more efficient way to ship globally, at less cost. The ‘MOL Caledon’ was welcomed by DP World Chairman Sultan Ahmed Bin Sulayem, Vice Chairman […]

  • 8 November 2013

    Lyttelton Port of Christchurch (LPC) will deliver a presentation about the Port’s reinstatement and development plan to shareholders at the Annual Meeting. “The devastating earthquakes presented unprecedented challenges but also provided the Port with an opportunity to reset the long-term strategic direction,” said Chief Executive, Peter Davie. “Following a huge amount of planning and analysis, […]

  • 7 November 2013
    Business & Finance

    Ports, shipping and logistics development across India, Pakistan and Sri Lanka will form a key topic of debate at the upcoming TOC Container Supply Chain Middle East conference, taking place on 9-11 December at the Dubai World Trade Centre, UAE. India’s economy is at the threshold of a “golden age of growth”, with the potential […]

  • 7 November 2013
    Business & Finance

    The Sri Lanka Ports Authority has recorded its ever highest daily container volume, which is 9,884 TEUs on the 2nd November 2013. The previous highest volume of 9,659 TEUs was reported by the SLPA on the 24th June 2013. By the end 31st October 2013, Sri Lanka Ports Authority had handled a cumulative throughput of […]

  • 7 November 2013

    The Aqaba Container Terminal (ACT) Berth Expansion Project, which has doubled the capacity of the county’s largest Red Sea port, was officially opened by His Majesty King Abdullah II of Jordan with the addition of 460 meters of quay to the existing 540 meters. The ceremony marked the successful completion of the four-year terminal expansion […]

  • 7 November 2013
    Business & Finance

    Abdullah Al Masabi, Vice President Khalifa Port, spoke about the emerging importance of the Middle East as a growing maritime hub at the conference on 5 November. The forum provided a platform for local and international maritime professionals and industry financiers to discuss the challenges and investment opportunities in the maritime industry in the region. […]

  • 7 November 2013
    Business & Finance, Equipment, Technology

    Global marine terminal operator DP World and Kazakhstan Temir Zholy (KTZ), today signed an agreement that will see DP World provide management advisory services for the development of the Khorgos Special Economic Zone (SEZ) and Inland Container Depot (ICD). DP World will also provide similar services under a separate contract at the Port of Aktau, […]

  • 5 November 2013
    Business & Finance, Equipment, Technology

    The extraordinary shareholders’ meeting of Ackermans & van Haaren NV has on 25 November 2011 renewed the powers delegated to the board of directors to redeem shares for a period of 5 years. In the framework of these powers, Ackermans & van Haaren has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity […]

  • 4 November 2013
    Business & Finance

    Jardine Lloyd Thompson Group Plc (JLT), one of the world’s largest providers of insurance and employee benefits related advice, brokerage and associated services, has announced that it has agreed to acquire Independent Risk Solutions (IRS), a marine specialty broker based in the Netherlands, from Brokerage World Solutions (BWS). The deal is subject only to regulatory […]

  • 4 November 2013

    Manmade coastal flood habitat set to double in next 12 months. The country’s largest ever coastal flood realignment scheme is completed today  in Medmerry, West Sussex. The £28 million Medmerry scheme will protect 350 properties, two holiday parks and a water treatment works from coastal flooding, in addition to providing 180 hectares of habitat for […]

  • 4 November 2013

    While lacking in prominence, the Dredging Services industry is an essential part of the US economy; furthermore, as ocean freight lines develop and incorporate enormous cargo vessels into their fleets to improve shipping efficiencies and economies of scale, the need for dredging services will increase. For these reasons, industry research firm IBISWorld has added a […]

  • 4 November 2013
    Business & Finance, Equipment, Technology

    A new model has been developed that can be used at the regional level to determine quickly and accurately how often rivers will burst their banks and to predict the severity of flooding. This risk profile is linked to indicators such as population numbers, economic growth and agriculture, allowing the expected damage to be mapped […]

  • 1 November 2013
    Business & Finance

    Congresswoman Janice Hahn (CA-44) issued the following statement regarding her vote on the Water Resources Reform and Development Act of 2013: “I was very pleased to vote in support of the bi-partisan Water Resources Reform and Development Act of 2013. This important legislation provides long-needed investment to our nation’s ports, creates good paying jobs and […]

  • 1 November 2013
    Business & Finance

    Congresswoman Janice Hahn joined her colleagues on the House Committee on Transportation and Infrastructure’s Special Panel on 21st Century Freight Transportation, to unveil the final report of recommendations on the current state of freight transportation in the United Sates and ways to improve and strengthen the U.S. economy through an efficient freight network. “It has […]

  • 31 October 2013
    Business & Finance

    Colliers International Chief Economist and thought leader K.C. Conway highlighted the S.C. Ports Authority as an emerging dominant port in the East during a conference call focusing on bright spots and blind spots for the nation’s ports. Conway’s comments were discussed on a Stifel Financial Corporation conference call during which Conway emphasized that state support […]

  • 29 October 2013

    NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings (NAWAH), in partnership with the General Company for Ports of Iraq, launched a state-of-the-art containerized terminal at Al Maqal Port, also known as the Port of Basra. The opening ceremony marked the completion of an essential yearlong phase for NAWAH and the […]

  • 29 October 2013
    Business & Finance

    The U.S. House passed the Water Resources Reform and Development Act (WRRDA), which authorizes the development and maintenance of the nation’s waterway infrastructure, among other critical projects. The legislation includes a key provision that authorizes the funding necessary for the Savannah Harbor Expansion Project to move forward. This provision will end a 14 year delay […]

  • 29 October 2013
    Business & Finance, Equipment, Technology

    CSA Ocean Sciences Inc. (CSA) has formally launched its GeoSpatial Services Business Line to serve a rapidly increasing need for geospatial services and applications. CSA GeoSpatial Services provides comprehensive solutions in spatial planning, field data collection, GIS and remote sensing analysis, 2D and 3D visualization, data management, and web-delivered mapping applications. CSA’s GeoSpatial Services Business […]

  • 29 October 2013
    Business & Finance, Equipment, Technology

    The extraordinary shareholders’ meeting of Ackermans & van Haaren NV has on 25 November 2011 renewed the powers delegated to the board of directors to redeem shares for a period of 5 years. In the framework of these powers, Ackermans & van Haaren has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity […]