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Source: Boston Herald
Source: Reuters
Source: WBAI Radio's Building Bridges: Your Community and Labor Report
Nicaraguan legislators in June approved granting Beijing-based telecommunications CEO Wang Jing a concession to build and operate a canal more than three times the length of Panama’s.
Nicaragua’s government says the construction of the nation’s inter-ocean canal will start a year later than planned because the waterway’s path has yet to be defined.
The president of the canal authority, Manuel Coronel Kautz, says the project will not begin until 2015 because the canal’s route approval comes in the third quarter of this year. Authorities had said construction could begin in 2014.
Kautz told La Prensa newspaper Saturday authorities wanted to wait for feasibility studies to be well advanced.
More at the Miami Herald
Ports operator DP World will focus on expanding its presence in emerging markets in 2014 but is it unlikely to dilute holdings in assets as it did in 2012, according to an industry analyst.
In 2012 DP World Australia, in which DP World has a 25 per cent shareholding, sold all of its 60 per cent shareholding in Adelaide Container Terminal.
Instead, Devanshu Saluja, Lead Equity Analyst at Drewry Shipping Consultants in India, told Gulf News the Dubai-based global terminal operator would focus on countries like India and Brazil.
More at Gulf News
Source: RNZI
Source: Boston Globe
Source: NH Union Leader
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