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Media
THE International Finance Corporation (IFC), the private sector lending arm of the World Bank, plans to invest US$8 million in Visakha Container Terminal Private Limited (VCTPL) in Visakhapatnam Port in India's Andhra Pradesh. The proposed funds will support the terminal operator's investment of $23.3 million to upgrade existing port infrastructure on...
TIESHAN port district, on the Beibu Gulf (also know as the Gulf of Tonkin) on the Guangxi provincial coast, has started building its third and fourth berths to upgrade itself as one of the major port districts for trades between China and ASEAN states, reported Xinhua. These two CNY1.8 billion (US$265 million) berths are designed to handle 100,000-tonne...
A new terminal of Tianjin Port for groceries has started operation with two berths for 100,000-TEU vessels and two other berths for 40,000-TEU boats. This new terminal for groceries features a quay length of 1,075 metres, and is designed to handle 11 million tonnes of goods per annum. (Source:www.schednet.com)
HONG KONG's China Merchants Holdings (International) Co and Aitken Spence & Co have won a contract to build Colombo's new container terminal, reports Bloomberg. Sri Lanka Ports Authority chairman Priyath Wickrama said special meeting of the cabinet has approved the order and construction would commence within six months, said the report. China...
The Guangxi Zhuang autonomous region in China will pump in 6 billion yuan (RM2.88bil) this year to expedite the construction of world-class port facilities to meet greater demand from Asean. Guangxi Transport Department director-general Pan Wei said the government would give priority to infrastructure development as the number of cargo ship calls had in...
India, Asia's third-biggest economy, plans to triple port capacity within a decade, as it tackles infrastructure deficiencies that threaten to dampen growth. Changes ahead: The state-controlled operator of Jawaharlal Nehru, India's busiest container harbour, will likely be turned into a corporation by the end of March, paving the way for an eventual s...
Port of Klaipeda has handled the Minerva Helen from Venezuela laden with 80,000 tons of crude oil for Belarus, the Port Authority said. As of now, the cargo has been delivered in tank wagons to Novopolotsk (Belarus). State-run Port of Klaipeda, the northernmost ice-free port on the East coast of the Baltic Sea, is the largest Lithuanian transport hu...
The Chennai Port Trust (ChPT) Board has approved a US$787.77 million mega container terminal project that will make the port the leading container terminal hub on the east coast, reported the Deccan Chronicle. The project, with a holding capacity of five million containers, will have a 2-km-long quay to handle ultra-large container vessels. “T...
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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