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Media
Alphaliner reports that container shipping lines enjoyed their best-ever financial quarter in the latest July-September period, with record Q3 earnings that overturned the losses sustained in the same period last year. The combined operating incomes of the container shipping lines are estimated to have reached US$6bn during this period, compared to oper...
Following unanimous approval by an inter-ministerial commission of a proposal put forward by the Ministries of Transportation and Finance, the Port of Eilat, Israel's third largest port, is to be privatised as the first step in the Government’s long term plan to privatise Israel's maritime ports. The committee, chaired by Finance Minister Yuval ...
Port operator China Merchants Holdings International will acquire a 20 percent stake in Chu Kong River Trade Terminal, part of Chu Kong Shipping Development, for US$16.9 million. The river trade terminal owns 11 river ports, whose total container throughput for 2009 amounted to 780,000 TEUs, while bulk cargo volumes were 1.35 million tonnes, reported AD...
VLADIVOSTOK Commercial Port handled 307,851 TEU overall, 96,450 TEU of coastal cargo, 98,145 TEU of import cargo, and 113,206 TEU of export cargo in the first 11 months, reports the Vladivokstok Times. Port CEO Andrei Malko said turnover for the first 11 months reached 107.6 per cent of this year's projections with overall volume surpassing last year'...
Coal India Ltd., the world’s largest producer of the fuel, plans to form a partnership with the Port of Visakhapatnam on the east coast to increase import capacity as power generation demand rises. The tie-up will initially allocate 5 million metric tons of port capacity for coal imports, Coal India’s technical director N.C. Jha said in an i...
The Indian government has invited requests for qualification bids from 31 companies that had previously expressed interests in operating Vizhinjam Port, Business Standard has reported. Interested companies include the Shipping Corporation of India, Essar shipping, Mundra Port, and the Port of Barcelona. Companies operating ports in Amsterdam, Macau,...
Martyn Pellew has stepped down as PD Ports’ group development director, according to a company press release. Pellew held the position for eight years on a full time basis, however, has decided to pursue other interests. He was responsible for the rebranding of all the former Powell Duffryn owned port and shipping businesses under the current ...
The State Oil Company of Azerbaijan (Socar) plans to commission its new oil storage terminal in the United Arab Emirates (UAE) port of Fujairah by 2012. The company is set to complete construction of the Socar Aurora Fujairah Terminal "in a year-and-a-half", a Socar official was quoted saying on local media. Socar announced in May that it is partner...
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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