Inner water ports are emerging as the next big business opportunity in China's port infrastructure sector, according to Ms. Luo Ping from Institute of Comprehensive Transport of China's National Development and Reform Commission, who will be providing more details at the Port Planning & Design China 2011 conference in Shanghai, Business China re...
Iraq’s main port will lose 60 per cent of its business and major new port plans will be scuppered if Kuwait goes ahead with plans to develop a port just across its border with the country, economists have said, Dredging today reports. The Kuwaitis laid the foundation stone to kick off the construction of Mubarak port, just over the border from the s...
Malaysia's construction group MMC Corp is planning to publicly list the company's energy and port units, with an estimated market capitalisation of up to 14 billion ringgit ($4.66 billion), local media reported on Monday, Reuters reports. MMC Corp Chief Executive Hasni Harun told reporters after the company's annual general meeting on Monday that the c...
Container throughput of the port of Hong Kong (China) in January-April, 2011 increased by 3.2% from the same period of 2010, to 7, 61 million TEUs. Kwai Chung terminal’s throughput rose by 4.5% to 5,57 million TEUs. There was a 0.2-percent decline in the reporting period across other terminals, to 2 million TEUs, the Port Authority said. In April, con...
Trade flows passing through the Port of Helsinki (Finland) in January-April 2011 grew by 6% from the same period in 2010, to 3,3 million tons, the Port Authority said. In April, the port’s cargo throughput increased slightly, reaching 894,000 tons. The four-month imports increased by 8% to 1,7 million tons, exports - by 5% to 1,6 million tons. The...
HAMBURG's biggest terminal operator, Hamburger Hafen und Logistik AG (HHLA), increased first quarter net profit 47 per cent to US$23.6 million year on year, drawn on revenues of $417.3 million, up 22 per cent, as well as producing an operating profit of $63.4 million, up 22 per cent. HHLA declared its growth had surpassed the 10 per cent increase in Rott...
ISRAEL's two main ports of Haifa and Ashdod handled 601,000 TEU during the first quarter, with the two port company's each handling about half the total volume of containers. The figures produced by Israel's Shipping and Ports Authority (S&PA) and the Ministry of Transport and Road Safety show that in the first three months of 2011, the two ports u...
VOLKSWAGEN group of America, Chattanooga operations has selected the Port of Savannah's Garden City Terminal to handle auto parts in containers for its new plant in Tennessee. Laszlo Juhasz, Volkswagen's general manager for logistics said, "We see the Port of Savannah as a logistical link for our supply chain to provide efficient service that will benef...
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