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Media
Hutchison Whampoa Limited (HWL) today (18 January) has announced a planned Initial Public Offering of units in Hutchison Port Holdings Trust (HPH Trust) and the application by its wholly owned subsidiary, Hutchison Port Holdings Management Pte Limited (HPHM), which will act as Trustee Manager to list the units on the main board of Singapore Exchange Securit...
Hutchison Port Holdings plans to list its cornerstone Pearl River Delta terminals in Singapore to tap investors looking for deep water container ports in South China. Industry estimates believe the total raised in the public offering could be more than US$5 billion. The newly established and publicly traded HPH Trust will hold, operate and develop a...
Batumi International Container Terminal (BICT), ICTSI’s terminal in Batumi, Georgia, has signed a new terminal services agreement on tariffs and streamlined terms of business with Mediterranean Shipping Company (MSC). The new deal aims to foster synergy and mutual cooperation between both parties. BICT and MSC agreed to work hand in hand to im...
FIGURES from the Hong Kong Marine Department show the port handled 23.5 million TEU in 2010, an increase of 11.8 per cent from 21 million in 2009. December's figures showed a six per cent increase to 1.9 million TEU from the same month the previous year. Singapore's Maritime and Port Authority reported a 10 per cent increase in container movement in 2...
Trade flows via the Big Port of St. Petersburg totaled 58 million tons of cargo in 2010, up 15.2% over 2009’s figures, the Association of Sea Commercial Ports (ASOP) press release said. According to the ASOP, the North-West region’s stevedore companies handled 227,59 million tons of cargo, which is 1,9% more than a year earlier. The Port...
The Port of Antwerp hailed a new labor agreement with dockworkers as a major breakthrough in its bid to boost breakbulk cargo volume. Antwerp is Europe's largest breakbulk hub, but shipments have dropped sharply in recent years, and the Belgian port has lost market share to rivals targeting a cargo sector that creates more jobs and adds more value on t...
The ports of Antwerp, Amsterdam and Rotterdam are considering a joint bid for the German government's stake in Duisburg, the world's biggest inland port. The German government is seeking buyers for its one third shareholding in the Rhine river port of Duisburg, a major intermodal hub at the center of the Ruhr industrial belt. The Antwerp, Amsterda...
The Minister of State for Transport, Rt Hon Theresa Villiers MP, has formally inaugurated the latest new crane to be installed at the Port of Felixstowe’s South Rail Terminal. The new crane is the latest of a series of investments made by Hutchison Ports at the South Rail Terminal. These have included extending the length of the terminal to accomm...
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
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