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Media
MAJOR ports in Australia are forced to take short-term measures to cope with clogged traffic at container terminals but long-term development of rail corridors and new ports have become critical, say the Australian Federation of International Forwarders (AFIF). Australia's second largest terminal, Hutchison's Port Botany in Sydney, is due to open its US...
INDIA's Port of Mundra, some 500 miles north of Mumbai, experienced a quarterly net profit increase of 50 per cent year on year to INR6.44 billion (US$144.42 million) with fiscal year earnings up 36 per cent on an annual throughput of 52 million tons of cargo. The largest private port operator in India now controls a market share of 8.4 per cent, up 1.70...
HONG KONG's Orient Overseas Container Line (OOCL) has announced it will add capacity and two port calls to its two-loop Scandinavian Express Service (SBX). A sixth 1,000-TEU vessel has been deployed in the SBX1 loop, and the SBX2 loops has been increased from two to three vessels with the addition of OOCL Nevskiy from SBX1. Kotka has been added to the ...
US RETAIL import growth is expected to slow in May for the first time since 2009 and stay that way till August when the annual peak seasons shifts into high gear, according to the monthly Global Port Tracker issued by the National Retail Federation (NRF) and Hackett Associates. "We expect the second half of the year to be more robust than the first half. ...
Harwich International Port welcomed the first cruise call of what promises to be a busy 2011 season with the arrival of the Costa Luminosa. Operated by Costa Cruises the 2,826 berth passenger ship arrived at Harwich on Thursday 12th May 2011 en route to Copenhagen, before starting its first Northern and Baltic Cruise of the season. With a gross tonnage ...
Cargo handling in the Port of Kiel is gaining momentum again. In the first four months of this year about 2.2 million tons were handled, an increase of 25% over the same period of last year. The ferry lines in particular – to and from Scandinavia, Russia and the Baltic region - again proved to be the engines powering above-average growth. Dr Dirk Cl...
Hamburger Hafen & Logistik AG, which handles two-thirds of containers in the Port of Hamburg, said first-quarter profit jumped 47 percent because of growth in European exports to China and increasing traffic to Russia, Bloomberg reports. Net income rose to 16.4 million euros ($23.4 million), the Hamburg-based company said in a statement today. Revenue...
MMC Corp Bhd's Port of Tanjung Pelepas (PTP) has emerged as the fastest-growing container port in the first quarter of 2011 and is on track to handle 7.5 million twenty-foot equivalent units (TEUs) for the year, Bernama reports. In the first quarter of 2011, PTP's container traffic grew by 1.79 million TEUs, or 18 per cent, compared with a year ago. ...
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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