CPPI

DP World Posorja Welcomes First Maersk Service Route, Boosting Ecuador’s Maritime Connectivity

Retrieved on: 
Thursday, January 4, 2024

Earlier this week, DP World in Posorja, Ecuador welcomed the first of three key service routes for Maersk.

Key Points: 
  • Earlier this week, DP World in Posorja, Ecuador welcomed the first of three key service routes for Maersk.
  • Maersk recently announced that beginning in January 2024, it would reroute three service routes from the Port of Guayaquil to the deep-water terminal at the Port of Posorja.
  • Our ability to guarantee service levels and provide exceptional security has been crucial in cementing this long-standing partnership with Maersk,” said Morten Johansen, chief operating officer, DP World Americas.
  • With this move, Maersk joins other leading shipping companies such as Hapag-Lloyd and CMA CGM in capitalizing on the strategic advantages offered by DP World Posorja.

Berkshire Hathaway Specialty Insurance Promotes Claims Leaders and Expands North American Claims Team

Retrieved on: 
Tuesday, January 2, 2024

Berkshire Hathaway Specialty Insurance today announced two promotions and one new addition to its North American claims team: Courtney Koch has been promoted to Senior Vice President, Healthcare and Casualty Claims, Kathryn Ridenour has been promoted to Senior Vice President, Professional and Construction Claims, and Anthony Pizzonia has joined the company as Vice President, Healthcare Claims.

Key Points: 
  • Berkshire Hathaway Specialty Insurance today announced two promotions and one new addition to its North American claims team: Courtney Koch has been promoted to Senior Vice President, Healthcare and Casualty Claims, Kathryn Ridenour has been promoted to Senior Vice President, Professional and Construction Claims, and Anthony Pizzonia has joined the company as Vice President, Healthcare Claims.
  • Further, “I am also so pleased to welcome Anthony to BHSI’s claims team as we continue to bring our CLAIMS IS OUR PRODUCT philosophy to the marketplace.
  • In her new role, she will continue to oversee CPPI and A&E claims, while also assuming responsibility for Construction claims, including Homebuilders’ Liability claims.
  • Berkshire Hathaway Specialty Insurance ( www.bhspecialty.com ) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.

DP World: Solidifying South America’s Central Role in Enabling Trade Across the Americas

Retrieved on: 
Tuesday, September 26, 2023

At nearly 400m in length and with 186,000 tons of capacity, the vessel is the largest container vessel to dock in either nation’s waters, highlighting the role of DP World’s terminals in enabling efficient, sustainable regional trade and the West Coast of South America’s growth as a global trade hub.

Key Points: 
  • At nearly 400m in length and with 186,000 tons of capacity, the vessel is the largest container vessel to dock in either nation’s waters, highlighting the role of DP World’s terminals in enabling efficient, sustainable regional trade and the West Coast of South America’s growth as a global trade hub.
  • As the sole terminals in Ecuador and Peru equipped to accommodate ships of this size, DP World’s operations are playing a pivotal role in reshaping South America’s trade dynamics.
  • The operation of mega ships can significantly enhance both efficiency and sustainability in maritime trade in part by accelerating the development of trade hubs.
  • DP World’s continued commitment to enhancing the region's trade capability is evident in its $400 million investment to expand the South Terminal.

China's Yangshan Port Tops New Container Port Performance Index

Retrieved on: 
Thursday, May 18, 2023

NEW YORK, May 18, 2023 /PRNewswire/ -- Yangshan Port in China took top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022.

Key Points: 
  • Despite improved performance at global ports, more scope for efficiency improvements remains
    NEW YORK, May 18, 2023 /PRNewswire/ -- Yangshan Port in China took top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022.
  • "The Yangshan Deep-Water Port enjoyed the greatest year-over-year improvement in performance of the top ports in the CPPI," said Turloch Mooney, Director at S&P Global Market Intelligence.
  • Ports in Latin America showed improved performance over 2022 with the Colombian Port of Cartagena taking 5th place overall and Ecuador's Port of Posorja ranking 19th.
  • In 16th place, the Port of Algeciras in Spain is the highest ranked port in Europe.

Canfor Pulp Temporarily Curtailing Intercontinental Pulp Mill

Retrieved on: 
Monday, October 17, 2022

VANCOUVER, BC, Oct. 17, 2022 /CNW/ - Canfor Pulp Products Inc. (TSX: CFX) is announcing a temporary curtailment of its Intercontinental Pulp Mill due to the lack of available economic fibre.

Key Points: 
  • VANCOUVER, BC, Oct. 17, 2022 /CNW/ - Canfor Pulp Products Inc. (TSX: CFX) is announcing a temporary curtailment of its Intercontinental Pulp Mill due to the lack of available economic fibre.
  • In total the four weeks of downtime is reducing Canfor Pulp's production output by approximately 28,000 tonnes of market kraft pulp.
  • About Canfor Pulp Products Inc.
    Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.
  • Canfor Pulp is one of the largest North American and global producers of market northern softwood kraft pulp.

Green Street's Web Platform Expands to Cover 334 Tertiary U.S. Property Markets

Retrieved on: 
Tuesday, September 20, 2022

NEWPORT BEACH, Calif., Sept. 20, 2022 /PRNewswire/ -- Green Street, the preeminent provider of commercial real estate intelligence, has expanded its web platform and Market Forecasts tool to include a wealth of proprietary data/analytics on 334 tertiary markets in the United States. Green Street's Market Forecasts tool includes five-year forecasts on operating fundamentals and valuation metrics across various property sectors, providing critical forward-looking insight to identify opportunities and guide investment strategies.

Key Points: 
  • Green Street's Market Forecasts tool includes five-year forecasts on operating fundamentals and valuation metrics across various property sectors, providing critical forward-looking insight to identify opportunities and guide investment strategies.
  • Performance metrics include Market-RevPAF growth (combines rent and occupancy), Commercial Property Price Index (CPPI), nominal cap rate, NOI growth, supply/demand growth and more.
  • Data from Green Street's Market Forecasts tool is also accessible via the firm's API, DataLink Excel plug-in and Excel download.
  • Interested parties can click here to schedule a demo of Green Street's expanded tertiary market data/analytics and powerful new web platform.

Canfor Pulp Products Inc. and Canfor Corporation Announce Second Quarter Results Conference Call

Retrieved on: 
Thursday, June 30, 2022

About Canfor Pulp Products Inc.

Key Points: 
  • About Canfor Pulp Products Inc.
    Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.
  • Canfor Pulp owns and operates three mills in Prince George, BC with a total capacity of 1.1 million tonnes of Premium Reinforcing Northern Bleached Softwood Kraft ("NBSK") Pulp and 140,000 tonnes of kraft paper, as well as one mill in Taylor, BC with an annual production capacity of 230,000 tonnes of Bleached Chemi-Thermo Mechanical Pulp ("BCTMP").
  • Canfor Pulp is one of the largest North American and global producers of market northern softwood kraft pulp.
  • SOURCE Canfor Pulp Products Inc.

Canfor Pulp and Canfor Jointly Release 2021 Sustainability Report with Additional Targets

Retrieved on: 
Tuesday, June 28, 2022

VANCOUVER, BC, June 28, 2022 /CNW/ - Canfor Pulp Products Inc. (TSX: CFX) and Canfor Corporation (TSX: CFP) jointly announce today the release of the 2021 Sustainability Report which includes additional performance targets for Climate Change, Water Management, Waste Management, and Air Quality.

Key Points: 
  • VANCOUVER, BC, June 28, 2022 /CNW/ - Canfor Pulp Products Inc. (TSX: CFX) and Canfor Corporation (TSX: CFP) jointly announce today the release of the 2021 Sustainability Report which includes additional performance targets for Climate Change, Water Management, Waste Management, and Air Quality.
  • Our strong sustainability practices make us a better partner, a better supplier and a better employer," added Kayne.
  • About Canfor Pulp Products Inc.
    Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.
  • Canfor Pulp is one of the largest North American and global producers of market northern softwood kraft pulp.

Middle East container ports are the most efficient in the world

Retrieved on: 
Wednesday, May 25, 2022

NEW YORK, May 25, 2022 /PRNewswire/ -- Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.

Key Points: 
  • NEW YORK, May 25, 2022 /PRNewswire/ --Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.
  • CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.
  • In the Middle East, heavy investments in container port infrastructure and technology are proving to be effective."
  • The new report also highlights the resilience of East Asian ports and the capacity of Chinese ports in particular to effectively handle challenges brought about by the pandemic.

Canfor Pulp Announces Voting Results for the Election of Directors

Retrieved on: 
Saturday, May 7, 2022

These statements are based on management's current expectations and beliefs and actual events or results may differ materially.

Key Points: 
  • These statements are based on management's current expectations and beliefs and actual events or results may differ materially.
  • About Canfor Pulp Products Inc.
    Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading global supplier of pulp and paper products with operations in the central interior of British Columbia ("BC") employing approximately 1,300 people throughout the organization.
  • Canfor Pulp is one of the largest North American and global producers of market northern softwood kraft pulp.
  • SOURCE Canfor Pulp Products Inc.