Greece Considers Selling Ports to Appease Lenders

By Reuters 2015-04-29 16:45:31 Greece’s government is considering selling stakes in its two largest ports as a concession to reach an agreement with its lenders and unlock bailout funds, a government official said on Wednesday. Prime Minister Alexis Tsipras’s new leftist government had sought to cancel significant terms of Athens’ bailout program, calling it a…

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Improved US, Cuba Relations Face Roadblock

By Kathryn Stone 2015-04-29 16:34:18 House republicans made a strong statement against US President Obama’s reconciliatory policy toward Cuba yesterday by attaching policy riders that block new travel to the island. The riders are attached to a $55.3 billion, must-pass transportation and housing bill and may interfere with emerging plans for US tourism to Cuba.…

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Panama Canal Expansion Hits Milestone

By Kathryn Stone 2015-04-29 14:05:33 The Panama Canal Expansion project reached a key milestone yesterday as the sixteenth and final gate for new locks was installed on the Pacific side of the Canal. “Today’s installation is a key milestone in the Expansion Program and another important step forward for the Canal,” Administrator Jorge L. Quijano…

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Port of Houston Reports Record Cargo, Revenue

By MarEx 2015-04-29 11:55:15 The Port of Houston Authority released figures yesterday detailing record cargo movement for 2015 year to date. In his monthly financial report to the Port Commission, Executive Director Roger Guenther said that the Port Authority’s Barbours Cut and Bayport container terminals were particularly busy in March. A combined 40 percent more…

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