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INSPECTION services provider, Cotecna Inspection, a subsidiary of Cotecna, has won an 8.63bn CFA Franc ($17.2m) contract from the government of Gabon to supply container security scanners and other inspection and certification services at the ports of Owendo and Port-Gentil.

DREWRY Maritime Research (DMR) reckons major new M&A deals in the container operator market this year will have a notable impact on operator ownership and the ranking of the world’s container terminal operators.

ABERDEEN Harbour Board has announced plans to commission a major feasibility study into the expansion of facilities at Britain’s biggest oil industry port.

PORTUGUESE port workers are expected to step up strike action after unions accused the government of failing to enter a spirit of dialogue over the adoption of reforms aimed at reducing costs at ports.

BRAZIL’s National Economic Development and Social Bank, BNDES, will inject R$19 billion ($9.37bn) into upgrading port capacity in Brazil up until 2016 according to Dalmo Marchetti, the bank’s head of transport and logistics.

BRAZILIAN billionaire, Ike Batista, has reversed a decision to buy back his port logistics company LLX, after an company appraisal report from a bank said the company’s shares were worth more than double the amount he had offered to pay for them. 

THE YILDIRIM Group in Turkey says it is close to turning a dream into a reality. Phase 2 of the Yilport Gebze expansion on the Marmara Sea, is shortly expected to receive approval from the Turkish government, the company told Port Finance International on Wednesday.

DOV Frohlinger, Chairman of the International Association of Ports and Harbors’ new Port Finance and Economics Committee, is steering the ports of the IAPH in a new direction.

CMA CGM is pursuing the sale of 49% of its port operator subsidiary, Terminal Link, the French ship owner and operator said on Wednesday.

THE EUROPEAN Sea Ports Organisation, (ESPO), has shortlisted 10 ports for the fourth edition of the ESPO Award on Societal Integration of Ports.

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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