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The system of training and certification of seafarers in Russia has been brought into compliance with the international requirements. Major efforts of the Transport Ministry and other ad hoc agencies have lead up to that. In his interview with IAA PortNews, Vitaly Klyuyev, Director of RF Transport Ministry's Department of State Policy for Maritime and River Transport, tells about training of shipboard personnel and about changes in the system of industry-specific education.

DP World has signed a partnership agreement to develop an integrated industrial and residential zone at Sokhna in Egypt.

Two Chinese entities, COSCO Shipping company and TEDA Corporation, have agreed to construct a logistics park in the Suez Canal Economic Zone (SCZone), according to XinhuaNet.

The Port of Berbera's future may depend in part on the results of Somaliland's upcoming presidential election. Opposition party candidate Abdirahman Irro has criticized the current government's $440 million deal with DP World for a 30-year lease on the port, and he has promised to review the agreement – along with other privatization efforts – if he should win the election.

Modelled on Jafza to complement Port of Berbera.

DP World Chairman meets Presidents of Ghana, Uganda and Rwanda to discuss Africa's trade potential.

Mr. Bin Sulayem: Africa's trade potential is enormous – 400% increase in trade between Africa and rest of the world in last two decades.

GHANA is close to appointing an operator for its new dry bulk terminal at Takoradi port, which will be able to accommodate capesize vessels for the country's growing bauxite trade, said a consultant.

The Maritime and Port Authority of Singapore (MPA) has agreed to cooperate on test-bedding digital technologies such as data exchange with a Shell company that supplies LNG.

MTBS held a PFI-tailored PPP Strategy and Risk Workshop for the Economic Community of West African States (ECOWAS) from October 4th – 6th in Accra, Ghana. The workshop was hosted by ECOWAS' PPDU unit. Representatives from Ghana, Benin, Burkina Faso, The Gambia, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Senegal and Togo as well as the Port Management Association of West and Central Africa (PMAWCA) were in attendance.

China's COSCO Shipping Holdings has unveiled its intentions to raise up to CNY 12.9 billion (USD 1.9 billion) in an effort to finance the construction of new containerships.


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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