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Transportation Infrastructure Marine Ports and Services

  • SHANGHAI, April 21- The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. "We are making efforts to adjust and coordinate the entire port's resources and making...

  • BUENOS AIRES, April 20- Port workers in Argentina's main grains hub of Rosario will hold flash protests and block access gates over the weeks ahead as part of wage negotiations in which they are demanding a 40 percent pay increase, a union leader said on Thursday. A spokesman for Argentina's port operators' chamber could not be reached for comment.

  • SABETTA, Russia, March 30- An ice-breaking tanker docked for the first time at Russia's Arctic port of Sabetta to test a new route that could open the ice-bound Arctic Ocean to ships carrying oil and liquefied gas. The route is eagerly anticipated by energy firms that want to develop resources in the Arctic but face obstacles in getting oil and gas from remote and...

  • SHANGHAI, March 29- China and Hong Kong stocks rose on Wednesday as further signs of a pick-up in global trade boosted shares of port operators and shipping companies, offseting concerns about fresh property market cooling measures. China's blue-chip CSI300 index rose 0.3 percent to 3,479.14 points by the lunch break, while the Shanghai Composite Index...

  • DUBAI, March 20- DP World, an operator of ports from Algeria to Peru, is optimistic about growth in emerging markets, undeterred by U.S. The Dubai- controlled company's chairman said he expects growth in Latin America, Asia and Africa. DP World, one of the world's largest port operators, will spend $1.2 billion this year, adding capacity at its flagship Jebel Ali port in...

  • SANTOS, March 14- A new terminal near completion in Latin America's largest port in Santos, Brazil, is expected to add an extra 20 percent to its grains and sugar capacity, boosting shipping services just as the country produces bumper crops. The timing could hardly be better as Brazil faces its largest ever crop of soybeans, sugar and corn amid problems with a key...

  • Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. The setbacks come at a critical time for U.S. exporters, who are trying to move as much grain as possible before buyers turn their attention to South America when corn and soybean harvests in Argentina and Brazil...

  • Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. The setbacks come at a critical time for U.S. exporters, who are trying to move as much grain as possible before buyers turn their attention to South America when corn and soybean harvests in Argentina and Brazil...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • CARACAS, Jan 18- Shipping operations at one of three docks of Venezuela's main crude exporting port have "recovered" after a "minor" oil spill occurred over the weekend, state oil company PDVSA said on Wednesday, without saying how big the spill was. A spill occurred while loading a vessel bound for India at Jose port's eastern dock, union and shipping sources told...

  • Jan 17- Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reuters on Tuesday. The spill, which happened over the weekend at Jose port's Eastern dock and whose size has not yet been disclosed, also affected other tankers...

  • VANCOUVER, Jan 11- British Columbia on Wednesday gave the green light to Kinder Morgan Inc's plan to nearly triple its Trans Mountain oil pipeline, which runs from Canada's oil sands through the province to a marine terminal on the Pacific Coast. British Columbia Premier Christy Clark said in a statement the C $6.8 billion project had satisfied or was close to...

  • Jan 11- British Columbia said on Wednesday it had given the green light to an environmental review of Kinder Morgan Inc's plans to expand the Trans Mountain oil pipeline, which runs from Canada's oil sands through the province to a marine terminal on the Pacific Coast. The province's environmental assessment office had recommended 37 conditions be attached...

  • WELLINGTON, Dec 14- Parts of New Zealand's key export industries and its vital tourism sector are battling to get back on track a month after a deadly earthquake rocked the nation, crippling roads and slowing shipping. At one of the country's main ports in Wellington,' no-entry' signs dot parts of the site hit by liquefaction, cracking or buckling, hampering...

  • LONDON, Dec 6- Liverpool's new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator's chief said. Mark Whitworth, chief executive of Peel Ports, said Liverpool, on England's northwest coast, already had 45...

  • LONDON, Dec 6- Liverpool's new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator's chief said. Mark Whitworth, chief executive of Peel Ports, said Liverpool, on England's northwest coast, already had 45...

  • Fair trade doesn't mean no trade: CEO

    The need for the U.S. to trade with the rest of the world will remain intact, says Jim Newsome, CEO of the South Carolina Ports Authority.