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Port of Tauranga, the country's biggest export hub, says it expects to service an extra 130 vessels per year after three international shipping lines announced they were expanding their container services to include the port. The shares were unchanged at a record high. Singapore- based Pacific International Lines has included the port on its Pacific s...
French ocean carrier CMA CGM is in talks over the sale of a minority stake in Malta Freeport Terminals, one of the largest container transshipment hubs in the Mediterranean, the Journal of Commerce reports today, di-ve reports. The planned deal is part of a financial restructuring the world’s third largest carrier struck with its creditors earlier i...
In the first three months of 2011 the Port of Hamburg achieved above-average growth of 18.2 percent in container throughput and a 9.8 percent gain in total seaborne cargo throughput. Whereas the Western ports of Rotterdam and Antwerp reported increases in container throughput for the same period of 2011 of 10.1 and 7.9 percent, respectively, with through...
Shell Marine Products announced today that it has begun supplying marine fuels at Jebel Ali Port in Dubai, United Arab Emirates (UAE). The launch of bunker operations at Jebel Ali, the largest container port in the Middle East, further reinforces Shell Marine Products’ selective growth strategy by extending its network of ports in the Arabian Gulf ...
International trade at the ports of Los Angeles and Long Beach improved by more than six percent in April, compared with the same month a year ago, but the pace of growth slowed, reported Los Angeles Times. April was the 15th straight month of growth at the nation's largest seaport complex. Trade-related jobs improved as well, but at a much slower pace. ...
APM Terminals, a unit of A P Moller-Maersk Group, is among the bidders for a US$1.29 billion port extension project in Jakarta, according to Indonesia’s transport ministry, reported Dow Jones Newswires. "We will begin the tender process in the next few weeks. The value of the project has increased to$1.29 billion from our earlier estimate of $1.03 b...
THE Chittagong Port Authority (CPA) is to restore every Wednesday 48-hour window berthing to the French carrier CMA CGM following its withdrawal due to severe berthing congestion. "It will cut the lead time of importers and exporters as our vessels will arrive at the port at a certain time every week and also depart at a fixed time," he said of operations...
GEORGIA Ports Authority (GPA) executive director Curtis Foltz announced a "surprisingly strong container volume" in April, its second highest monthly volume ever at 260,035 TEU, eight per cent up year on year. Overall tonnage recorded a new monthly record of handling 1,996,346 tons across its ports with exports outpacing import growth. Mr Foltz said the...
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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