A five member team from the Nigerian Ports Authority (NPA) were in Singapore earlier this year to study how the city state operates its world-class ports. The visit came in conjunction with an NPA agreement with the Sinagpore-based Tolaram Group to build and operate a port 60km east of Lagos, Nigeria. The 60-year old Tolaram Group which began with manufactu...
The users of Chennai Container Terminal now have a reason to rejoice. The Tariff Authority for Major Ports (TAMP) has effected an across-the-board 35 per cent reduction in the terminal's tariff, reported The Hindu. This is in contrast to a 13.77 per cent hike that the private container terminal operator belonging to DP World, Dubai, had sought based on f...
Investors operating at the Export Processing Zone (EPZA) have called on the government to improve port services so as to make them yield profits from their products. They made the call on Tuesday when lodging their complaints to a team of journalists who visited the EPZ to investigate how the firms operate. Steel One Limited managing director Ado Maimu ...
SRI Lanka's port of Colombo is developing its feeder berth and upgrading handling equipment to cope with increasing throughput from last year's 19 per cent increase of 4.1 million TEU, to forecasted 22 per cent growth year on year. According to the Sri Lanka Port Authority chairman Priyath Wickrema, a replacement programme of six super-post panamax gant...
Port of Tallinn said that its net profit in the first quarter amounted to EUR 13.1 million that is 25% than a year earlier, writes Aripaev.The state-owned enterprise said its first-quarter revenue was EUR 23.9 million, having increased 10% year on year. The company’s outstanding loan burden was EUR 134 million, a decrease by 5 million euros in a quart...
Maersk_newDanish shipping giant and the world's No.1 container line, Maersk, is to hike US-India rates, according to shipping industry sources. Effective June 1, the east-bound rates from the US to ports in the Indian subcontinent will be up $120 per TEU, $150 per FEU and $190 per 45-ft container, The Hindu Business Line reports. The increased rates will...
OOCL is upgrading their existing Scandinavian Express (SBX) service with the addition of a sixth vessel with a nominal capacity of 1,000TEU. She will be deployed directly into its SBX1 network increasing capacity by five percent. The SBX2 network will be upgraded from two vessels to three vessels with the phasing in of the OOCL ‘Nevskiy’ from ...
Emirates Line has added South China port calls to its Africa - Far East - Asia (AFA) service, Seatrade-asia reports. The line has added calls in Hong Kong and Shekou to cover the South China and Pearl River Delta region. The service now calls Hong Kong - Shekou- Singapore - Port Klang - Colombo- Mombasa - Tanga - Dar Es Salaam - Singapore - Hong Kong. (Sour...
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