Media
Media
INTERNATIONAL air cargo carriers, up to 25 airlines, have been avoiding refuelling at Anchorage airport because of a lack of jet fuel. In a bid to resolve this issue, Flint Hills Resources has restarted a third crude oil processing unit at the company's North Pole refinery to make additional jet fuel, and Anchorage airport manager John Parrott is now a...
THE UAE Gulftainer Sharjah Container Terminal (SCT) and Khorfakkan Container Terminal's (KCT) strong performance and volume increases in 2009 was the result of East Africa and Gulf services, said a company statement. This will give SCT a regular, direct weekly call to and from the East African ports of Dar es Salaam and Mombasa, providing even more opt...
GLOBAL terminal operator DP World, a unit of troubled Dubai World, failed to make its planned debut on the London Stock Exchange after it missed its end-of-June listing deadline. In January, the company announced it would launch the dual listing alongside its existing presence on the Nasdaq Dubai exchange. It attributed the delay to the lack of an "acce...
PORT of Shanghai recorded a container throughput of 11.4 million TEU from January to May, up 18 per cent year on year, slightly surpassing the volume recorded in the same period in 2008 before downturn. The port's throughput is expected to be able to exceed the earlier prediction of 25.5 million TEU by the end of this year, Xinhua reported. Shangha...
The Economic Co-ordination Committee (ECC) of Pakistan has agreed to onlend US$115 million to Karachi Port Trust (KPT) that would be made available by the World Bank for reconstruction of berths at 8.2 percent interest rate subject to bearing of exchange risk by the entity itself, Business Recorder reported. KPT plans to replace the over 50 year old non...
Tangshan Port Group debuted on the Shanghai Stock Exchange on July 5, reports the Securities Times. Tangshan Port shares closed down 3.9 percent from their issue price of 8.20 yuan to close at 7.88 yuan. Proceeds raised from the initial public offering (IPO) will be earmarked for the construction of 20-22 berths. Tangshan Port, located in Hebei Prov...
China Merchants Group, the 138-year- old government-owned port operator, acquired Loscam Ltd. for an undisclosed price, gaining control of Australia’s second-largest supplier of wooden pallets used to move and store goods. Management at Loscam will own a minority stake in the business, the Melbourne-based company said in an e-mailed statement toda...
Nine international and domestic players are in a race to build the proposed US$789 million mega container terminal for the Chennai Port Trust, the Financial Express reported. "The port has completed the initial request for qualification process and once it obtains the necessary security clearance from the ministries concerned, it would proceed with the ...
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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