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Tourist magnet Barcelona to cut cruise ship capacity

Tourist magnet Barcelona to cut cruise ship capacity

Barcelona on Thursday unveiled a plan to reduce the number of cruise passengers arriving at its port, part of a wider trend to combat overtourism in Europe's most popular destinations.
The city and the port authority signed an agreement to reduce the number of cruise ship terminals from seven to five by 2030, cutting traveller capacity from 37,000 to 31,000.
Spain's second-largest city hosts one of the world's busiest ports for cruise traffic, having received 3.65 million such passengers in 2024, according to Barcelona's Tourism Observatory.
Cruise passenger numbers grew by 20 per cent between 2018 and 2024, Barcelona's Socialist mayor Jaume Collboni said in a statement.
"For the first time in history, limits are being set on the growth of cruise ships in the city," Collboni added.
The demolition of three existing cruise terminals and the construction of a new one will cost €185 million, adding to previous investments since the first protocol was signed in 2018.
Tourism has helped drive the dynamic Spanish economy, making it the world's second most-visited country with a record 94 million foreign visitors last year.
But the boom has fuelled anger about unaffordable housing and concern that mass visitor numbers are changing the fabric of neighbourhoods, sparking protests in tourism hotspots.
With its Mediterranean beaches and world-famous cultural landmarks such as the Sagrada Familia basilica, Barcelona is on the front line of mass tourism, receiving millions of visitors every year.
It announced last year a plan to scrap around 10,000 tourist rental apartments by 2028 in an attempt to ease local discontent.
Elsewhere in Europe, the popular Italian city of Venice introduced a charge for day visitors last year, while Greece is implementing a tax on cruise ships docking at its islands.
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CK Hutchison eyes ‘major' Chinese investor for Panama ports deal
CK Hutchison eyes ‘major' Chinese investor for Panama ports deal

Daily Express

time12 hours ago

  • Daily Express

CK Hutchison eyes ‘major' Chinese investor for Panama ports deal

Published on: Tuesday, July 29, 2025 Published on: Tue, Jul 29, 2025 Text Size: Cranes and containers are seen along the Panama Canal. Hong Kong conglomerate CK Hutchison said it was considering inviting a Chinese 'major strategic investor' to join a US-led consortium negotiating the sale of its global ports business, including operations at the Panama Canal. HONG KONG: Hong Kong conglomerate CK Hutchison said Monday it was considering inviting a Chinese 'major strategic investor' to join a US-led consortium negotiating the sale of its global ports business outside China, including operations at the Panama Canal. The firm said in March it was offloading the ports – including operations in the vital Central American waterway – to a group led by asset manager BlackRock for $19 billion in cash. The sale was seen as a political victory for US President Donald Trump, who had vowed to 'take back' the Panama Canal from alleged Chinese control, prompting Beijing's ire. China's market regulator said in March it was reviewing the deal. '(CK Hutchison) remains in discussions with members of the consortium with a view to inviting (a) major strategic investor from (China) to join as a significant member of the consortium,' CK Hutchison said in a stock exchange filing Monday. The firm added that changes to the consortium's membership and deal structure will be needed for the deal 'to be capable of being approved by all relevant authorities'. It said the 'period for exclusive negotiations' mentioned in the March announcement had expired, but discussions will continue. It did not name the major investor. China's biggest shipping company Cosco was set to join the consortium and was requesting veto rights or equivalent powers, Bloomberg News reported. Bloomberg Intelligence analyst Denise Wong told the outlet that 'ongoing negotiations and the reported inclusion of Cosco Shipping in the consortium have likely eased concerns over Chinese regulatory hurdles, strengthening investor confidence in the deal's viability'. Gary Ng, senior economist for Asia Pacific at Natixis, said Monday's developments show that 'business deals can be increasingly subject to politics in the new economic and geopolitical reality' as the Hong Kong conglomerate seeks to 'keep everyone happy'. CK Hutchison said it 'intends to allow such time as is required for such discussions to achieve' a workable arrangement. It said it had stated on several occasions that it 'will not proceed with any transaction that does not have the approval of all relevant authorities'. Its Hong Kong-listed shares fell 0.6 percent Monday, while Cosco dropped 2.2 per cent. The consortium's original structure was designed to pass control of CK Hutchison's two Panama ports to BlackRock's Global Infrastructure Partners unit, while the remaining ports will go to Italian billionaire Gianluigi Aponte's Terminal Investment Limited. AFP has contacted Cosco for comment. The Panama Ports Company, a CK Hutchison subsidiary, has managed the port of Cristobal on the canal's Atlantic side and Balboa on the Pacific side since 1997, via a concession from the Panama government. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

EU reaches tariff deal with US to avert rift
EU reaches tariff deal with US to avert rift

The Star

time15 hours ago

  • The Star

EU reaches tariff deal with US to avert rift

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Red Gold Canned Tomatoes from Europe: A Symbol of Resilience in Times of Conflict
Red Gold Canned Tomatoes from Europe: A Symbol of Resilience in Times of Conflict

Malaysian Reserve

timea day ago

  • Malaysian Reserve

Red Gold Canned Tomatoes from Europe: A Symbol of Resilience in Times of Conflict

NAPLES, Italy, July 28, 2025 /PRNewswire/ — In times of regional instability, such as the recent escalation of the Israeli-Iranian conflict, nations across the Middle East are increasingly concerned about supply chain disruptions and food security. Interestingly, EU and Italian canned tomatoes, a staple in many kitchens worldwide, could play a unique role in these challenging times, not just as a culinary ingredient but as a symbol of resilience and regional cooperation. Italy has long been renowned for its high-quality canned tomatoes, whose export has been constantly increasing across the Middle East. These products are transported through well-established routes, typically moving from Italian ports to major Middle Eastern hubs via maritime shipping, often passing through key transit points such as the Suez Canal. From there, they reach Saudi Arabia, which relies heavily on imported food products. In the context of escalating tensions, these transportation routes could face interruptions, raising concerns over food shortages. However, Italy's logistics infrastructure, including its deep-sea ports and established partnerships with regional distributors, ensures that the supply chain remains resilient. Maintaining these routes—or establishing alternative ones—can help ensure continuous supply, emphasizing the importance of stability in trade infrastructure as well as of consistency in providing stability in food supplies during crises. 'Our promotional campaign Red Gold from Europe, recently launched in Saudi Arabia and co-funded by the European Commission, aims to highlight that Italian canned tomatoes are versatile and economical, making them ideal for regional countries to maintain affordable, nutritious meals even amidst supply chain disruptions and food shortages. Their long shelf life and ease of storage mean they can be stockpiled as part of emergency preparedness plans—an essential strategy in conflict zones' said Giovanni De Angelis, ANICAV's – the Italian Association of Canned Vegetables Industries – Director General. Italian canned tomatoes may seem like a humble commodity but their role in supporting regional resilience during times of conflict underscores how food supply chains are intertwined with geopolitics. Proactive diplomatic efforts and continued trade partnerships can turn these everyday items into symbols of stability and cooperation amid uncertainty. Find out more about this essential ingredient in challenging times on Follow us on: Snapchat: Instagram: YouTube: Photo – Logo – Logo – View original content:

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