The first berth of the second phase of Egypt's Port Said East Container Terminal has been completed, Xinhua reported. The US$219 million project is a 1,200-meter-long southern extension to the first phase. It includes four berths with a 17.5-meter depth. The entire project began construction in September 2008 and is expected to be completed by July...
THE South Carolina State Ports Authority (SCSPA) Board has approved investments of more than US$77 million in terminal upgrades amid projections for a seven per cent increase in container volume. In the year starting July 1, the SCSPA plans to invest in terminal improvements, equipment upgrades and new information systems. The largest area of spending i...
THE controversial British budget contained good news for port users, waiving GBP175 million (US$260 million) in back taxes on port-related businesses in the UK. The Conservative-Liberal coalition government announced that it would soon introduce legislation to rid the industry of the tax which some say poisoned relations between the shipping sector and ...
SOUTHEAST China's Qinzhou port in Guangxi province registered a 63.9 per cent increase in throughput to 9.18 million tonnes and made a 172.9 per cent leap in container volume to 81,000 TEU, reports Xinhua. The port's cargo focuses on coal, oil, iron ores and foods. Entering 2010, Qinzhou's economy has stepped into a speedy development pace as ASEAN-C...
In spite of the global crisis last year, inland shipping strengthened its position in the hinterland transport of containers, with the modal split at the Port of Rotterdam rising from 30% to 33%. At the same time, rail transport declined from 13% to 11%, back to its 2006 level, whilst road transport moved back from 57% to 56%. The total volume of hinter...
Three Indonesian state-owned enterprises – PT Telkom, PT Telkomsel, and state port operator PT Pelindo II – will have access to US$920 million in foreign commercial loan funds to expand service infrastructure. RJ Lino, president director of Pelindo II, said the operator got a $70 million loan from the syndication of International Finance Cor...
Dubai Airports has reported double-digit year-on-year growth for cargo traffic at Dubai International for the month of May. Cargo volumes grew 31.7 percent to 195,221 tonnes compared to 148,207 tonnes during the same month in 2009 spurred by increased economic activity in Asia and other regional markets. Year-to-date cargo volumes total 917,280 tonnes c...
Marseille: CMA CGM announces that its Yang Tse service, operated in partnership with Maersk Line and MSC to link South, Central and North China to the US West Coast, will resume beginning July 10. The service will deploy six vessels of 6,500 TEU capacity, covering the port rotation: Xiamen, Shanghai (Wai Gao Qiao), Qingdao, Long Beach, Kaohsiung, ...
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