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The volume of cargo handled at South Korea's major seaports hit a monthly record high in May on the back of the global economic recovery, Yonhap English News reported. According to the data compiled by the Ministry of Land, Transport and Maritime Affairs, a total of 1.72 million TEUs were processed at the ports in May, up 29 percent from 1.33 million T...
APM Terminals, Nigeria's biggest terminal operator, has invested over US$192 million over the last four years in upgrading facilities in the Apapa port terminal, AllAfrica reported. The investment covers the acquisition/installation of IT infrastructure, training in handling the newly acquired modern cargo handling equipment, and the construction of mo...
Dubai: DP World and Abu Dhabi Ports, master developer of ports and industrial zones in that emirate, have teamed up to create a joint venture to operate Khalifa Port at Taweelah, which is scheduled replace Abu Dhabi's existing port Mina Zayed by 2012, according to Bloomberg. “There will be a new company called Emirates Ports Company, a new owne...
THE Port of Boston is spending US$26 million in upgrades, partly to facilitate shippers by improving the port's ability to load and unload multiple cargo vessels. "We're trying to ensure Boston remains competitive, because this is a very competitive business and the ships can go elsewhere if they can get a better deal," Tom Kinton, chief executive off...
Draft recommendations for Australia’s National Ports Strategy would see ports extending their sphere of influence into inland freight corridors, in order to streamline port interfaces. Recommendations proposed by the National Transport Commission would allow certain landside areas to be treated as part of the relevant ports and access routes desig...
Vilagarcía Port Authority is winding up the concession awarded to Tercovi to operate the port's container terminal. The process was begun in October following the non-fulfilment of both concession conditions and infractions in respect of legislation covering Spanish ports In September, Tercovi, part of the bankrupt Contenemar shipping line, also...
Some US ports could well be riding the “Indian Tiger” as talks have begun on possible exports of coal from the US to India, with officials from Coal India visiting the United States recently to meet with local producers. The ports that may well benefit include Lamberts Point Coal Terminal at Norfolk, Virginia; the CNX Marine Terminal at Balt...
A significant increase in both box volumes and port projects has been the result of Vietnam's rise as a manufacturing centre but landside developments need to keep pace, Cai Mep International Terminal (CMIT) commercial officer Malcolm Gregory tells Port Strategy. The 1.1 million teu annual capacity terminal is now under construction and opening in Janu...
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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