Monthly Archives: August 2015

Major Taiwanese dredging contract for Van Oord

logo-vanoordVan Oord has been awarded the dredging contract for the Kaohsiung Intercontinental Container Center Phase II in Taiwan. The client is the Port of Kaohsiung, Taiwan International Ports Corporation (TIPC). The contract value amounts to approximately EUR 130 million. The preparations have already started and the execution period runs until January 2018. The project involves the dredging and reclamation of 37 million m3 of sand for the extension of Kaohsiung Port. Van Oord will deploy one of its largest trailing suction hopper dredgers. Kaohsiung, located on the South China Sea, is the largest Taiwanese port and plays an important role in the Taiwanese export-oriented economy.

Politics Noir: Donald Trump, Chinatown, Breaking Bad, House Of Cards

By Ralph Benko

hero_image_main_2“Forget it, Jake. It’s Chinatown.” Donald Trump continues to dominate and fascinate. Why? Politics, like comic books, thrillers, detective stories, science fiction, professional wrestling, movies and TV is a pulp medium. We Credentialed Members Of The Media Elite wish to sanctify it (and, thereby, ourselves). But come on. Continue reading

Port of Rotterdam throughput grows by 6.8%

portofrotterdamThe port of Rotterdam achieved good results in the first half of the year. Total throughput increased by 6.8% compared to the first half of 2014. This growth was almost entirely accounted for by the throughput of oil products (+29.7%), crude oil (+8.3%), containers (+3.7% in TEU) and roll-on/roll-off-transport (+9.6%). The throughput of dry bulk (agricultural bulk, coal, ores) fell across the board. For the first time since 2010, the number of sea-going vessels increased considerably (+3%). In the first half of the year, the port did not experience any significant nautical incidents. Continue reading

IMF: Portugal’s recovery remains on track

imf_sealPortugal’s economic recovery remains on track in 2015, boosted by rising exports and consumption, together with a recent upturn in investment. This conclusion comes from the Executive Board of the International Monetary Fund (IMF). Real GDP expanded by 1.5 percent (year-on-year) in the first quarter, and is projected to increase 1.6 percent for the full year. Fiscal adjustment has slowed, meanwhile, with a structural loosening likely this year. Employment has declined in recent quarters, after increasing sharply from early-2013 through mid-2014, and the unemployment rate was at 13.7 percent at the end of March. Continue reading

As Bernie Sanders Dismantles Hillary Clinton Let The GOP Discover Human Capitalism

By Ralph Benko

GOP_Logo1_svgWhile the Mass Media has been obsessing on the Donald Trump phenomenon, Bernie Sanders has been packing stadiums.  Sanders’s Madison speech pulled in nearly twice as many as Mrs. Clinton’s official campaign kickoff event (which The Atlantic dubbed “uninspiring”).  Mrs. Clinton’s relaunches and presentations continue to draw tepid reviews. The Sanders phenomenon, so reminiscent of 2008, must make Hillary Clinton nervous. It should. Bernie’s stump speech is a thing of beauty.  That said, it is not a joy forever. Continue reading

Three African contracts for Boskalis

logoboskalisRoyal Boskalis Westminster N.V. (Boskalis) has been awarded three dredging-related contracts on the African subcontinent with a combined value of approximately EUR 75 million.The works are to be carried out in Angola, Gabon and Senegal. Continue reading

The Turkish Enigma

By George Friedman

georgefriedmanIn my “Net Assessment of the World,” I argued that four major segments of the European and Asian landmass were in crisis: Europe, Russia, the Middle East (from the Levant to Iran) and China. Each crisis was different; each was at a different stage of development. Collectively the crises threatened to destabilize the Eurasian landmass, the Eastern Hemisphere, and potentially generate a global crisis. They do not have to merge into a single crisis to be dangerous. Four simultaneous crises in the center of humanity’s geopolitical gravity would be destabilizing by itself. However, if they began to merge and interact, the risks would multiply. Containing each crisis by itself would be a daunting task. Managing crises that were interlocked would press the limits of manageability and even push beyond. Continue reading