Mexico is competing with the U.S. for manufacturing work coming back to the western hemisphere from China and other parts of Asia. Will it pose the same challenge for U.S. ports?
The American Association of Port Authorities (AAPA) has joined the U.S. Department of Transportation, Maritime Administration, PFM Group and other port industry experts in creating the first section of a new manual to aid U.S. port authorities in planning and paying for critical infrastructure projects.
Sharjah-based Gulftainer is expected to record a volume increase of 30 percent in 2013. The group is continuing to expand its global footprint, with the June takeover of the Gulf Stevedoring Contracting Company (GSCCO) in Saudi Arabia acting as the major driver.
Construction has begun on a three-year $1.6bn overhaul of the largest container port in Australia, with Victorian state government saying the work is necessary to avoid capacity constraints and adding that it will create around 1,100 jobs.
