The Republic of Slovenia is positioning itself to be a gateway to Central and Southeast Europe, despite being up against stiff competition from other Mediterranean ports that have the same goal, according to Igor Jakomin, State Secretary of the republic's Ministry of Transport. As part of a trade delegation to Hong Kong, Jakomin stressed that the Port ...
The government will soon convert Jawaharlal Nehru Port Trust (JNPT) into a public sector undertaking, the Financial Express India reported. The move is part of a plan to corporatise all major ports of the country with an intention to give them more autonomy in decision making. "Corporatisation of major ports will start with JNPT. Others will follow....
Representatives from China’s Ningbo port recently visited Gdansk port, on the Baltic coast in northern Poland, with the purpose of finding a European port capable of handling a large quantity of containers, Polish News Bulletin reported. An agreement on a partnership between the two ports was signed two years ago, but negotiations had been halted ...
PSA International has bought out the 27 percent stake in Chennai International Terminals (CIT) from its joint venture partner Sical Logistics for an undisclosed sum, the Hindu Business Line reported. "It is a strategic decision to divest stake in the terminal and concentrate more on handling bulk cargo," said L R Sridhar, Managing Director, Sical Logist...
The Port of Toledo on Lake Erie on Friday dedicated two new Liebherr mobile harbor cranes that will enable the port to handle more containers as well as the breakbulk cargos that now make up most of its volume. "They are like a Swiss Army knife," said Paul Toth, president and CEO of the Toledo/Lucas County Port Authority, the landlord of the Port of Tol...
Five-month cargo turnover at ASCP up 34,7% to 677.400 tons Freight volume handled by Arkhangelsk Sea Commercial Port (ASCP JSC) in five recent months rose by 34.7% compared with the same period in 2009 to 677.400 tons, the stevedore press office said. In Jan-May the stevedoring company transshipped 27.800 tons of cargo (not carried by sea), a 1.85 tim...
The New South Wales State Government is to invest more than Aus$345m (US$ 304m) in port infrastructure, with Sydney Port Corporation (SPC) investing Aus$314.4m (US$277m) on the construction of the third container terminal at Port Botany. “Ports are our economic gateway to the world,” said Ports and Waterways Minister Paul McLeay, adding that...
Port operator International Container Terminal Services (ICTSI) has approved the creation of a class of voting and low par value preferred shares to boost foreign ownership, the Philippine Star reported. ICTSI said the move is intended to address the problem of the ceiling on foreign shareholdings, restricting the active trading by foreign investors of ...
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