Singapore: Singapore is reducing its port dues concession as the economy and the shipping industry recovery. The port dues concession for all ocean going vessels staying less than 10 days in the port of Singapore will be reduced to 5% on October 1, from 10% previously. The concession will run for six months. The 10% concession was introduced by Singapore in...
STIFF competition from the neighbouring US ports of Seattle, Los Angeles and Long Beach is spurring Canada's Port Metro Vancouver to increase efficiency, an effort that both management and unions say is vital. "You can't have a container sitting on the dock for a week if Americans can get it off in a day or two," said Mark Keserich, president of Inter...
THE South Carolina port of Charleston saw container volumes rise 19 per cent in the first half of 2010 to 741,208 TEU. "While we expect volume to moderate in the latter half of the year, we're encouraged that business has returned at such a fast pace and we're headed in the right direction," said South Carolina State Ports Authority (SCSPA) chairman B...
THE Government of India expects to take three days to clear containers sunk and afloat off Mumbai after an accident in which Kuwaiti tramp bulker collided with an MSC containership, closing Mumbai's port facilities which handle more than 40 per cent of Indian exports, reported Bloomberg. Jawaharlal Nehru Port and the neighbouring Mumbai harbour facilit...
The government has designated two mega-ports as "International Freight Strategic Ports," which are to receive high-priority in budget allocations in an attempt to transform them into powerful international shipping hubs. Land, Infrastructure, Transport and Tourism Minister Seiji Maehara announced that "Hanshin Port" (consisting of Osaka and Kobe Ports) ...
There was 25 percent growth in container volumes handled at Colombo port during the first six months of this year, reported Daily News (Sri Lanka). "However, we need to compare the 2008 performance as the industry did not perform well last year. The growth recorded in 2008 was 15 percent, Sri Lanka Ports Authority managing director Nihal Keppetipola sai...
The failed rationalisation of the Port of Tanjung Pelepas (PTP) and Johor Port may not affect the performance of MMC Corp much, but it does bring up the question of what will happen to PTP and its expansion plans, reported Business Times. Combined operations of the two ports contributed about 14 per cent of the group's revenue last year. MMC Corp m...
FLORIDA's Jaxport, handled 10 per cent more containers year on year during the first six months of the year, reports the Jacksonville Business Journal. This amounted to 54,000 more containers this year than last with 605,000 containers were handled by the port in the first half, said the report. Car movements through the Port of Jacksonville were u...
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