The Government of Canada announced an agreement in principle for the transfer, as of 30 March 2020, of the ports of Matane, Gaspé, Rimouski and Gros-Cacouna to the Government of Quebec, under the Port Facility Transfer Program, which is expected to contribute to the sustainability of these facilities.
During a briefing on the conflicts around Hodeidah port, Director of Operations and Advocacy division, John Ging, highlighted the importance that this port and the port of Saleef remain open. This will facilitate the flow of imports, in order to cover urgent needs for the people that are in distress.
According to the bill, amendments will allow tariffs, prices and rates to be in foreign currency or notional currency units, only in cases where the federal law approves it. This legislation aims to secure Russian legal entities against a price growth in seaports, because of the national currency’s exchange rate fluctuations.
The Indian Ministry of Shipping has undertaken a number of initiatives as part of its attempt to enhance profitability across major Indian ports. Namely, India has issued fresh guidelines to all the major ports on the investment of the funds that will be provided.
The Institute for Political, Social and Economic Studies in Italy presented a project to build a container hub in the Port of Palermo, which will be able to handle 16 million containers annually. The construction of the Hub port aims to make Palermo into the most important port in southern Europe.
Maritime UK has welcomed Labour’s focus on procurement, believing it a key component of a modern industrial strategy. The group believes it is right for the government to use its purchasing power to support British industry, calling not for protectionism, but for a level playing field for UK companies.
Euroports and North Sea Port are collaborating to construct the very first covered loading dock in Ghent in North Sea Port: the ‘All Weather Terminal’. This project will cost more than 50 million euros. It is expected that the terminal will be operational by mid-2020.
The Associated British Ports announced the construction of a new vehicle terminal at the Port of Southampton. This project is part of its latest phase a £50 million investment by ABP. The new £15 million multi-storey facility will be built in the Eastern Dock and will provide storage for a further 3,000 vehicles.
The Maritime and Port Authority of Singapore and Port of Rotterdam Authority renewed their Memorandum of Understanding on cooperation in Information Exchange and Research and Development, during the 4th Port Authorities Roundtable held in Long Beach, USA from 16 to 18 July 2018.
In their recent ISCD report, The Baltic Exchange and Xinhua cite what they believe to be the new trends in global shipping, including a shift in new technologies with the emerging concept of intelligent ports and a greater concern for shipping’s environmental footprint with the implementation of green policies.
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