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A key port on Japan's northeast coast devastated by the March 11 earthquake and tsunami welcomed a foreign cargo ship on Friday for the first time since the disaster. The freighter's arrival at Sendai Shiogama, one of 14 main ports along the coast, is the latest sign of a gradual recovery in the region's economy. The ports had reopened to local shipp...
MAERSK Line has announced it is starting a new liner service to Papua New Guinea, called the PNG Express, "believing the Papua New Guinea market is set to see significant growth over the next few years and this growth will require more capital to support the supply chain in and out of the country," a statement said. The port rotation will be: Tanjung Pele...
FROM January to March, Meishan Island Container Terminal handled 258 ships on foreign trade lanes and 100,000 TEU, a 44 per cent increase compared to the fourth quarter last year, Xinhua reports. The terminal handled 165 ships and 51,000 TEU on Korean lines, 51 ships and 34,648 TEU on West African lines, 43 ships and 24,050 TEU on South American lines. (S...
JIANGSU, Zhejiang and Shanghai have agreed, that starting this year, May 6 will be celebrated as Yangtze River Delta Logistics Day. The decision was made at the 2011 Yangtze River Delta Joint Development of Modern Logistics Conference held in Nanjing. In August of 2007, Jiangsu, Zhejiang and Shanghai established a meeting system for modern logistics join...
THE Indian High Court of Appeals has upheld the Chennai Container Terminal - run by DP World - against port regulator Tariff Authority's (TAMP) to cut tariffs 35 per cent, reported the Journal of Commerce. DP World said a rate increase of 13.77 per cent was needed to offset costs, but TAMP said the terminal operator's net surplus of rates in the past ju...
The development of terminals in the port of Ust-Luga will impact freight traffic passing via Free Port of Ventspils, the port’s CEO Imants Sarmulis said speaking at the Baltic Forum, PortNews correspondent reports. However, the Port Authority does not expect significant redistribution of traffic volume and is confident that the transits of Kuzbass ...
Maersk Line said Wednesday it is postponing by a month the implementation of the general rate increase that it planned to apply June 1 on Asia-North Europe trade lanes. “The new effective date of the general rate increase of $500 per 40-foot dry container is July 1,” Maersk said in a trade notice. The Danish carrier did not provide any reaso...
The project of second phase of Baltic Coal Terminal (Ventspils port) worth EUR 50 million is expected to be completed by 2014, BCT’s Board Chairman Ilya Sokolov, said speaking on Thursday at the Baltic Forum, PortNews reported. He noted the project completion would depend on favorable market conditions. The Coal Terminal Phase 2 includes the expansi...
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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