GAZELEY, a leading European logistics space developer, said yesterday it plans to invest as much as US$1 billion into the Chinese mainland over the coming five years due to robust demand for world class high quality warehousing facilities. The company will extend its footprint country-wide, focusing on the Yangtze River Delta, Pearl River Delta and Bohai ...
19 September 2007 the head of X5 Retail Group Lev Khasis told that during the next 3-4 years the company plans to invest $1 bln. in logistics system development. As Interfax reports, the company plans to put into operation logistics complexes with an overall area of 600-700 th. sq. m., which will be situated all over the European part of Russia. Also...
Avalon Group and the Raven Russia Ltd investment company have started the construction of logistics complex with an overall area of 220 th.t. in the Rostov region. The construction of the terminal is the part of Megalogix project, which includes the constrction of storage complexes with an overall area of 1.5 mln. sq. m. in 15 Russian and Belorussian largest...
According to the press-service of Kuehne+Nagel, on September, 17 the company began to build the new logistics facility in Dubai Logistics City in Dubai (United Arab Emirates). To build the complex the company has leased the area of 52 thousand sq m. It is scheduled to put the first stage into operation in mid 2008. The warehouse area will total 17 th...
In the afternoon 8th September, the Naming Ceremony of 8500TEU “Xin Ya Zhou” was held in Hudong-Zhonghua shipbuilding yard. In the morning 9th September, “Xin Ya Zhou” was delivered officially and deployed into ACC service (Far East/West Coast of United State) of CSCL. Xin Ya Zhou is the first of five post-panamax vessels Hudong-Zhonghua Shipbuilding (...
China will implement a shipbuilding license system, as stipulated by a draft of the Shipbuilding License Management Law. The Commission of Science Technology and Industry for National Defense published the draft rules yesterday, seeking public comment, the Shanghai Securities News reported today. The State hopes to take advantage of the license system ...
Ocean carriers are starting to wise up to the competitive advantages that freight forwarders enjoy through providing shippers better services, according to one freight forwarder executive. Carriers have long scratched their heads over the fact that forwarders are able to pinch their business, and often at higher rates, but have started to pull back cust...
Mumbai, Sept. 14 (PTI): Private sector ship builder 'ABG Shipyard' Thursday said it will revive Western India Shipyard Ltd., (WISL) for which a scheme of arrangement has been approved. WISL, country's largest composite ship and rig repair facility in the private sector, is strategically located at Goa and is geographically best positioned to offer a comple...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi