Port Klang, comprising Northport and Westports, has retained its title as the country's busiest container port in the first half of this year, with a 48.3 per cent share of the total number of containers handled by all Malaysian ports. Its rival, Port of Tanjung Pelepas in Johor, was listed second busiest, handling 35.4 per cent of the country's total...
CMA CGM and APM Terminals have reached new terminal agreements in Dunkirk, Northern France and Mobile, Alabama, US. In the port of Dunkirk, Northern France, Terminal Link, CMA CGM’s subsidiary dedicated to container terminal investment, has increased its shares in Nord France Terminal International (NFTI) from 30 percent to 91 percent through the ...
Hong Kong: Guangzhou port reported a cargo throughput of 201 million tonnes in the first half, up 11.7 percent from a year earlier. The major port handled 6.07 million teu, up 16.8 percent from a year ago, the Guangzhou Port Authority said Saturday. The cargo throughput was 8.1 percent higher than in the same period of 2008, that is, before the stri...
CHINA's port throughput has increased to 7.66 billion tonnes from 10 million tonnes when the nation was founded in 1949, while its mega ports grew to 20 from 16 in 2008, China's port cargo volume has ranked No 1 worldwide for seven years in a row, said a statement from China's Transport Ministry. The ministry said that China's annual port capacity g...
Melford International Terminal (MIT) has signed an agreement with Maher Terminals in which Maher will become a shareholder in and provide services for a new container terminal to be located near Melford, Nova Scotia in Canada, to be called Maher Melford Terminal (MMT). Maher Terminals, headquartered in New Jersey, operates container terminals in Prince Rupe...
Seoul: Hyundai Engineering and Construction has signed a US$1.13 billion deal to build a container port in Boubyan Island in northeastern Kuwait. The firm signed the deal with the Kuwaiti Ministry of Public Works on Wednesday. The port will allow four 250,000-TEU container ships to dock simultaneously, while the hinterland is 60 percent of the size ...
Port Klang: Westports Malaysia recorded its highest ever first half throughput as volumes jumped 30% in the first six months of the year. Westports handled 2.65m teu in the first half of 2010, up a hefty 30% on the 2.03m teu throughput at the terminal in the first six months of 2009. As global container markets bounced back the terminal enjoyed a record mon...
Piraeus Port Authority reported a loss of €33.6m ($41.4m) last year compared with a profit of €5.6m ($6.9m) in 2008. The deep recession being experienced by Greece is also dramatically cutting the amount of cargo being handled this year. Dock worker wages have therefore been cut by 8.5% and all bonus payments halted. Meanwhile, Cosco, which ...
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