Port News

Ningbo port's box volume hit 12 million TEU Dec 27, 2010

EASTERN China's port of Ningbo has handled 12.03 million TEU this year by the end of November, up 26.5 per cent, which is 2.52 million TEU more than the same period last year, Xinhua reported. Throughput tonnage of the port increased 5.4 per cent to 368 million tonnes. 186 million tonnes were foreign trade cargo, 12.3 per cent more than last year. ...

Fujian sea port box volume up 21.5 per cent in first 11 months Dec 27, 2010

SEA ports of southeastern China's Fujian province lifted 7.9 million TEU of containers during the period from January to November, up 21.5 per cent compared to the same period last year, meeting the annual target ahead of schedule, Xinhua reported. Port of Fuzhou's box volume increased 21.4 per cent to 1.35 million TEU, port of Meizhouwan's up 10.9 p...

Nanjing Port attracts new shipping line after offering cash incentives...Dec 27, 2010

NANJING PORT, a major barge port, in China's Yangtze River Delta region has gained a new customer, Hamsung Shipping, after it started offering cash incentives from November to attract more liners to the port. Hamsung Shipping commenced a weekly direct service between Nanjing and Ulsan in South Korea on December 1 that is operated using a 332-TEU vessel...

DP World sells 75pc Oz ports business stake for US$1.5 billion Dec 27, 2010

DUBAI's DP World has announced that it recently sold a 75 per cent shares in its Australian ports business for US$1.5 billion to the Citi Infrastructure Investors, a private investment firm. The port operator, a unit of Dubai World, said the sale helps the company to reduce the debt, reports Newark's Journal of Commerce. DP World, which was excluded f...

Chilean ports’ closure over Christmas holidaysDec 24, 2010

Several ports of Chile will stop operating due to upcoming Christmas vocations. According to the information of agent companies, many port’s terminals of the country cease handling operations from 3:00 pm (Local Time) on December 24.   The port of Valparaiso closes at 3:30pm (LT) on December 24 and resumes operations at the same time the next ...

Ukraine cuts rates for handling oil & LNG cargo at local portsDec 24, 2010

Ministry of Justice agreed on the order of the Ministry of Infrastructure on the introduction of discounts for services provided for handling crude oil at the country’s sea ports, depending on the volume of the cargo deliveries, the Ministry of Infrastructure statement said. The wharfage dues charged from ships while transshipping oil and petroleu...

Taichung Port overtakes Keelung in cargoDec 24, 2010

Taichung Port has surpassed Keelung Port to become the nation's second largest, the Ministry of Transportation and Communications (MOTC) said. Taichung Harbor Bureau statistics showed that the total cargo handled at that port topped 90.7 million tonnes for the first time this month, reported Taipei Times. Kaohsiung Port, which handles about 381 mil...

Kenya port volume up 12% in first nine monthsDec 24, 2010

Container volumes handled by Kenya's Mombasa port grew 12 percent in the first nine months of 2010 as the world economy recovered, reported Reuters. In addition to Kenya, the port handles cargo to and from Uganda, Burundi, Rwanda, south Sudan, eastern Democratic Republic of Congo and Somalia. Zambia, Ethiopia and Malawi are also considering using t...

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