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Media
THE Freeport Container Port (FCP) in the Bahamas has been found to have a number of shortfalls after an inquiry by Occupational Safety and Health expert Jacques Obadia. Recommendations were made to the Government of The Bahamas in the report, tabled in the Senate by Labour Minister Dion Foulkes, reports The Freeport News. Mr Obadia conducted a probe...
THROUGHPUT at Fujian provincial ports grew 25.2 per cent year on year to 4.86 million TEU in the first seven months of 2010, reported Xinhua. Xiamen and Fuzhou remained the most busy ports in Fujian province, where Xiamen handled 3.25 million TEU, up 28.5 per cent year on year and Fuzhou 834,900 TEU, up 24.6 per cent year on year. (Source:www.schednet....
GLOBAL ports operator DP World achieved a first half net profit of US$176.6 million, up slightly from $175.3 million a year ago The result was attributed to growth in the group's container shipping segment, chiefly from terminals located in Asia, Australia and Europe, as well as to cost-cutting that cut expenses five per cent, the company said. Fir...
SHANGHAI handled 2.57 million TEU in July, up 20 per cent year on year and 21.4 per cent over the June figure, reported Xinhua. The Shanghai Containerised Freight Index (SCFI) reached 1,213.08 in mid-August, up 0.33 per cent, close to the record high of 1,255.27 in 2004. This index was launched by Shanghai Shipping Exchange to show the market freight ra...
Alabama's Port of Mobile has welcomed ships into its new turning basin, designed to make it easier for large vessels to call at terminals in the lower part of the harbour, the Shipping Gazette reports. The first containership to use the new US$32 million turning basin was the 3,280-TEU CMA CGM White Shark when calling at the Mobile Container Terminal. ...
APM Terminals will build and operate a container terminal in the largest Brazilian port of Santos under a joint venture agreement with Terminal Investment Limited, the Danish company announced Wednesday. The terminal-operating arm of A.P, Moller-Maersk said it agreed to acquire 50 percent of the shares in Brasil Terminal Portuario from TIL, which is bui...
A strike by around 10,000 private workers engaged in activities related to Kochi Port ended on Wednesday, about 40 hours after a combine of trade unions called for a 72-hour strike, reported The Hindu. Leaders of Trade Union Coordination Committee, which called for the strike, said they were bowing to an appeal from Labour Minister P.K. Gurudasan, who h...
Port of Tauranga has posted record full-year earnings as revenue continued to grow, Dow Jones Newswires reported. New Zealand's biggest export terminal, based in the northern city of Tauranga, said its underlying earnings after tax for the year to June 30 were US$35.12 million, up 9.3 percent on last year's record profit. If a one-off non-cash adj...
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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