Word: port
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...rough-hewn setting for Irvine Welsh's 1993 novel Trainspotting, the decayed dockside district of Leith, Edinburgh, provided a wonderfully seedy backdrop for a grim tale of nihilistic, drug-addled youth. But today, just 15 years later, Welsh's characters would struggle to recognize the Scottish capital's old port area. That's because over the past decade Leith - lying two miles (3.2 km) northeast of the city center - has experienced a rapid renaissance thanks to the closure of the docks and the cleaning up of once polluted waterways. The addicts have been replaced by white-collar workers, who live...
...tried to ease the burden by cutting taxes and import duties on basic foods. And they have promised to review fuel prices and to build more refineries to boost fuel supplies. Although Cameroon has rich offshore oil deposits of its own, it has only one refinery in the Atlantic port of Limbe, the output from which is largely exported...
...recipients were celebrated at an elegant evening event on Wednesday in Annenberg Hall, where attendees supped on “Encrusted Filet of Beef with Port Wine Sauce.” Planned entertainment included a string quartet from the work of 19th century Russian composer Alexander Borodin...
Still, something significant is up in Savannah. "I think it will be the No. 2 port in the U.S. within the next decade," says Hamid Moghadam, whose AMB Property owns and operates distribution facilities near ports and airports worldwide. By that, Moghadam means it will continue to trail the twin colossi of L.A. and Long Beach, which he thinks of as one port, but will pass the currently much busier Port of New York/New Jersey...
...ability to balance imports and exports has been key to its rapid rise. Ship owners much prefer full vessels to empty ones. Savannah has been a raw-material exporter since the days of King Cotton, and its big challenge used to be finding enough imports to fill incoming ships. Port officials solved that by persuading the likes of Wal-Mart, Home Depot and Ikea to take advantage of ample vacant land near the port (something you don't find in New York or L.A.) to build distribution centers where they could unload merchandise from overseas and ship it to stores...