The head of Hong Kong's container terminal operators' association says a tenth container terminal, estimated to cost about US$1.3 billion, is not needed "in the foreseeable future", calling into question the future of the project. Alan Lee told the South China Morning Post: "I do not see any need for it in my lifetime. My lifetime might be about 10 or...
Dalian: Dalian Port (PDA) Co., operator of China’s largest crude-oil terminal, fell the most in two months after explosions at pipelines operated by a PetroChina Co. unit caused what may be the biggest oil spill in the country’s seas. The stock declined as much as 7.3 percent, the biggest drop since May 17, to HK$2.93 and traded at HK$3.02 a...
THE opening of India's first international transshipment terminal suffered a setback when the ship delivering four gantry cranes from Shanghai ran aground after insufficient dredging was done to accommodate the berthing. The Chinese crane carrying ship, Zhenhua 10, could only be berthed after dredging was carried out. But it was not enough because the ...
THE volume of containers shipped from Fujian to other provinces via sea-rail intermodal during the period from January to May surged 173 per cent year on year to 10,100 TEU, Xinhua reported. In this period, international container transshipments handled via the port of Xiamen rocketed 688 per cent to 154,500 TEU, taking up 8.7 per cent of the port's co...
Import cargo volume at the nation's major retail container ports is expected to be up 16 percent in July compared with the same month a year ago, but double-digit increases seen in recent months should taper offer this fall as retailers cautiously manage their inventories, according to the monthly Global Port Tracker report from the National Retail Federat...
APS Technology Group, a leading provider of optical character recognition (OCR) and automation technology solutions for marine and intermodal terminals, has announced that Gulf Stevedoring Contracting Company (GSCCO) of Saudi Arabia will implement the APS OCR Portal and driver kiosks to automate container identification, remote damage inspection and truck p...
The Suez Canal Authority (SCA) will extend feeder vessels, with a load capacity of 5,000 tonnes, a discount of up to 30 percent on the charges paid to the authority, which is valid for six months, Daily News Egypt reported. The authority, however, has restricted the discount to vessels that transport and move containers between Egyptian ports only, and ...
Cosco Pacific Holdings, the largest port operator on the mainland, saw its container throughput growth continue to slow in June, despite record mainland exports last month. The port operator handled 17.4 percent more containers in June from a year earlier, down from a 20.6 percent increase in May and 19.1 percent rise in April. Terminals in the Boha...
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