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Total cargo traffic volumes in the Port of Helsinki were 10.9 million tonnes. The Port of Helsinki was the largest container port for the second year in a row and its market share was 33.3 %. It was also the largest truck and trailer port, with a 57 % market share. Unitised cargo traffic (bulk traffic not included in total cargo traffic) developed s...
DUBAI's global marine terminal operator, DP World, has announced the opening of its new container terminal in Port Qasim near Karachi in Pakistan, celebrating the arrival of its first ship, the 5,782-TEU CMA CGM Wagner. The opening of Terminal 2, the major expansion of DP World Karachi, will take capacity at Port Qasim to 1.2 million TEU from 900,000 T...
US import cargo volume at the nation's major container ports is expected to be up eight per cent in January over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. "While the economy clearly began to recover in 2010 and drove up cargo volume as retail sa...
THE Hong Kong Government has published in the Gazette two sets of amendment regulation to reduce 24 marine-related fees and charges for services provided by the Marine Department. The proposed amendments to the regulations will be tabled at the Legislative Council (Legco) on Wednesday January 19. The reductions, if implemented, will reduce government re...
The CMA-CGM Group expects to grow its container volume in Port Klang between 12 per cent and 13 per cent again this year, if everything goes reasonably well, reported Business Times. "It's very difficult to predict. We don't want to be too optimistic and tempt fate, because there is still a lot of uncertainties in the European and US economy but we th...
North China's Tianjin Municipality will evolve into an international shipping centre by 2015, as part of the city's plans for faster economic development, Mayor Huang Xingguo said, according to Xinhua. "In the coming five years, Tianjin will fully exploit its advantages to become a leading international shipping and logistic centre in north China," Hu...
Advent International, a private equity firm, has agreed to acquire 50 percent of the capital stock of TCP - Terminal de Conteineres de Paranagua (TCP), Brazil's third-largest container port terminal, reported The Pac Banker. The value of the transaction and other financial terms were not disclosed. All of TCP's current shareholders will retain own...
The deepening of the shipping channel at India's first international container trans-shipment terminal (ICTT) in Kochi, scheduled to be opened in the second week of February, has been delayed, reported The Mint. The Vallarpadam project is crucial for lowering freight rates by allowing bigger container vessels to call at the port. "We are making all...
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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