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THE UK's Felixstowe container port, owned by Hong Kong's Hutchison Ports UK, has taken delivery of three 2,000-ton ship-to-shore gantry cranes for its new deepwater container terminal. The cranes were built by Zhenhua Port Machinery Company and transported intact from its Shanghai plant to Felixstowe. The cranes can lift two containers simultaneou...
GLOBAL marine terminal operator DP World has announced that its concession for the port of Maputo, Mozambique, has been extended to 2033 with an option to extend for a further 10 years. During the recent South African Transnet strike, exporters had much praise for Maputo's ability to get their cargo, particularly perishables, moving to customers when D...
Calpers, the biggest US public pension fund, said late last week that it had committed up to US$155 million to Global Infrastructure Partners for a 12.7 percent equity stake in London Gatwick Airport, Reuters reported. The commitment marks the first direct infrastructure investment foray by Calpers, the $200 billion California Public Employees' Retirem...
Fraport, operator of Germany's Frankfurt Airport, is looking for possible acquisition targets in mature markets, according to the company’s chief financial officer, Reuters reported. Matthias Zieschang said that before the global financial crisis, Fraport was not able to enter markets in developed countries because prices were very high and had f...
The fluctuating passenger numbers for 2010 were down in April at Orlando International Airport (MCO). The uneven ride out of the recession showed an overall traffic decline of 2.4 percent for the month as compared to the same month last year. The reduction in passengers can be attributed to lower domestic travel numbers as 3.24 percent fewer travelers took ...
Container shipping continues to divert from Jawaharlal Nehru Port (JN) near Mumbai to the northern ports of Pipavav and Mundra in Gujarat state because railways cannot remove them fast enough from the docks. JN port operations chief SN Maharana blamed the Container Corp of India Ltd (Concor), which runs container trains between ports and inland co...
Freight volumes passing through the Port of Gothenburg during the first four months of this year (2010) have increased, suggesting the return of a stronger economy. The greatest increase was in the car segment, the area hit the hardest during the recession, with a 40% increase. From January to April, 62,500 cars were handled compared with a figure of 15...
Projecting a 7% increase in container volume over the next 12 months, the South Carolina State Ports Authority (SCSPA) Board has approved a budget that includes more than US$77m for terminal improvements, equipment upgrades and new information systems. The largest area of spending, totalling US$35m, will be at existing facilities, including more than US$1...
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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