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THE Port of Zhangjiagang, 70 miles upstream from Shanghai in Jiangsu province, enjoyed a 39.9 per cent year-on-year increase in container volume to 620,000 TEU in the first seven months, as well as an overall 37.5 per cent jump in cargo throughput to 110 million tonnes reported Xinhua. Import and export volumes increased 17.2 per cent year on year to 2....
PORTS in southeast China's Fujian province registered a 25 per cent year on year container throughput to 5.66 million TEU in the first eight months, reports Xinhua. The province's Fuzhou port moved 973,500 TEU with a 24.6 per cent growth, while Xiamen port handled 3.79 million TEU, up 27.9 per cent. The province's port throughput totalled 209 mil...
THE UAE's Dubai World, the state-run holding company that owns global terminal operator DP World, has reached an accord with its lenders on the rescheduling its US$25 billion debt. The otherwise prosperous terminal operator DP World, which was always said to be outside its parent's debt problems, was still subject to fears that it would dragged in and...
AUGUST figures show that Shanghai has surpassed Singapore as the world's busiest container port, reports Paris-based Alphaliner. "Current trends indicate that Singapore will likely lose its crown as the busiest container port in 2010," said the latest Alphaliner newsletter. Other observers have long-maintained that Singapore's top box port title c...
Freight traffic passing through the Port of Singapore increased 7.9% in January-August from the same period last year, to 336.54 million tons, the Port Authority press release said. At the same time, the volume of crude oil fell 2.2% to 117.35 million tons. In August, freight flows via the port rose by 5.1% to 42.52 million tons. In Jan-Au...
Freight turnover at the Port of Helsinki (Finland) in January-August increased by 8% compared with the same period of last year, to 7.1 million tons, the Port Authority press release said. Eight-month exports rose 16% to 3,172,000 tons, imports - by 15% to 3,305,000 tons. Container traffic at the Port of Helsinki grew 15%, to 270,000 TEUs, the volum...
Indian port operator Gujarat Pipavav Port yesterday surged 22 percent on debut on the Mumbai stock exchange as investors cheered its Danish pedigree and reasonable valuation, reported Reuters. Shares of Gujarat Pipavav were trading at US$1.16, about 17 percent higher than the issue price in a firm Mumbai market, easing from a high of $1.26, a 27 percent...
Chinese maritime officials have agreed to work more closely with the United States to handle issues that could slow American efforts to boost exports, but poor US port facilities must also be improved, an official said. The two sides agreed to open a dialogue about differences in regulations and other issues affecting maritime shipping, which accounts f...
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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