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Port Finance International
Rio 2017

21 – 22 June 2017,
Rio de Janeiro

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To the relief of the port and shipping community the General Strike in Brazil last Friday did not affect the port sector as much as trade unions had threatened it would but it still caused some problems and delays. Potential investors in the Brazilian port system will see some positives in that adherence to the port strikes, and indeed the General Strike, was not high and that President Michel Temer is not stepping down from his labour reforms and privatisation programmes.

Today Royal Vopak announces that it will expand its wholly-owned terminal in Alemoa, which is located in Brazil's Port of Santos, Latin America's largest port.

Mega-container arrivals will benefit California ports In an interview, Jock O’Connell, Beacon Economics’ international trade advisor, told AJOT that the growing number of mega-container ships that are being delivered to ocean container carriers in 2017 and beyond are bound to benefit West Coast ports, including Long Beach, Los Angeles and Oakland, because “there are no ports on the East Coast and Gulf, at present, that can handle ships of this size.”

Wednesday, 26 April 2017

Big data in the marine sector

Ibna Zaman of Royston Diesel Power, the UK -based developer of the enginei fuel management system, highlights the growing operational advantages provided by the effective analysis of intelligent data in the marine sector – if certain challenges can be successfully overcome.

Dubai Ports World Co and MSC Mediterranean Shipping Co SA are seizing on Brazil's three-year-long recession and rising debt levels among local port operators to bid for marine terminals in one of the world's top commodity exporters.

The loading of iron ore at Brazil's Itaguaí terminal operated by mining and steel firm Companhia Siderúrgica Nacional has been halted since Saturday due to an accident, sources and the Itaguaí Port Authority told Reuters on Wednesday.

South Korean shipbuilding company Samsung Heavy Industries (SHI) has won an order for an LNG carrier duo, according to a report from the country's news agency Yonhap.

The port of Antwerp handled 54,324,303 tonnes of freight during the first three months of this year, 1.5% more than in the same period last year. The further growth is mainly due to container freight, which was up by 2% in terms of tonnage. In fact this has been the best first quarter ever, both for total overseas freight and for containers. And on top of all that the previous month was the best for containers that has ever been recorded in the port of Antwerp.

Siemens has announced plans to set up its global logistics headquarters, including its portfolio for airports, cargo infrastructure and ports, in Dubai in the near future. The company will also target the site of Expo 2020 Dubai as the future location for this business after the exposition ends.

South Korea's Hyundai Merchant Marine (HMM) has signed a letter of intent (LOI) with Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of five 300,000 dwt very large crude carriers (VLCCs) with an option of five more vessels.

ABOUT US

Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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