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Month: August 2012

State reveals details of Virginia port takeover bids

The proposals would vie against an unsolicited offer from APM Terminals Inc. that was announced three months ago. The offer from The Carlyle Group, a Washington-based private-equity firm, involves making an upfront payment of...

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New Zealand: New ports bill a positive move

From the Maritime Union of New Zealand: The Maritime Union says a new members bill that will increase the transparency and accountability of publicly owned New Zealand ports is a positive move and has wide support. Maritime...

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The Port of Portland and the limits of generosity

The following excerpts are from a column by the Oregonian’s Steve Duin: You can’t say the Port of Portland isn’t accommodating. Neighborly. Generous to a fault. When the work slowdown at Terminal 6 put the screws to ICTSI...

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Marubeni’s $5.6 billion Gavilon deal hits delay

The completion of Japanese trader Marubeni Corp’s purchase of U.S. grain merchant Gavilon is being delayed by at least two months as talks on ownership of an important West Coast export terminal [Kalama Export] and...

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