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PSA Singapore Terminals is stepping up its investment in automation technologies by developing automated guided vehicle (AGV) prototypes that will operate on a 24/7 basis at its future container terminals.

Rather than wrangle on grounds of nationality to gain power, local players in Italy should use their democratic right to try to ensure decision-making over who governs ports is taken locally.

Spain’s Minister of Public Works has ruled out a move to introduce a toll on containers at Barcelona port to help finance key road and rail access points to Hutchison Port Holdings Muelle Prat.

Spanish Prime Minister Mariano Rajoy is expected on Wednesday to announce a package of new austerity measures in parliament including plans to trim Spain’s State Ports entity, Puertos del Estado.

THE International Association of Ports and Harbors (IAPH) has appointed Dov Frohlinger, COO of Israel Ports Company, as chairman of the association’s newly established Technical Committee on Port Finance and Economics, the IAPH said on Monday.

THE  Israeli government has postponed the closing of the tender for the privatisation of Eilat port, after it emerged that only one bidder, Israel Chemicals, owned by Israel Corporation had decided to stay in the bidding race.

TRANSNET, South Africa’s state-run ports operator and regulator will extinguish a culture of automatically renewing concession leases for port sector companies, opening the door to free competition with tenders for port assets and services, Herbert Msagala, chief operating officer of Transnet Port Authority announced this week.

THE European Commission (EC) has lashed out at Lithuania accusing the Baltic state of preventing free competition by giving priority to existing cargo-handling port operators over the renewal of lease agreements.

UKRAINE has adopted legislation which allows for the privatisation of seaport infrastructure opening the door to new investment opportunities at Black Sea ports.

BARCELONA Container Terminal (TCB) has expanded its facilities at Barcelona with a €4.8m ($6m) investment in six new straddle carrier cranes.

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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