More than $4.89bn is due to be invested in new Brazilian ports over the next four years, which is a rise of approximately 200%. Around 64% of the investment will be in expanding existing ports, which in 2009 handled 733m tonnes of cargo. (Source:www.portstrategy.com)
SINGAPORE's Maritime and Port Authority will extend the 20 per cent port dues concession to containerships for two more years to boost the city's attractiveness as a transhipment hub. Introduced in May 1996, the concession was part of MPA's efforts to enhance the competitiveness of Singapore, said a port authority statement. "This is particularly for...
EAST China's Ningbo port registered a 42 per cent in container throughput to 1.04 million TEU in April, exceeding the million level again since last September, reports Logistics Week. The port's cargo throughput grew 5.2 per cent to 32 million tonnes, among which the foreign trade volume increased 14.8 per cent to 16 million tonnes. (Source:www.sche...
SHANTOU International Container Terminals (SICT) has handled the first call on the Japan service (CJ12) operated by Cosco. This comes as Cosco extends its CJ12 service to Shantou, 200 kilometres up the coast from Hong Kong, to take advantage of increasing trade between South China and Japan. CJ12 vessels require 15 days to complete a rotation including ...
The future development area of Breakwater Island will be a hardstand for containers and general cargo under plans revealed by the State Government, the Townsville Bulletin reported. The turnaround in the vision for the area, first proposed by legendary Queensland developer Sir Leslie Thiess, is outlined in the government's Wharf 10 Cruise and Military ...
Haldia Dock, under the Kolkata Port Trust, recorded an 11 percent year-on-year drop in throughput for the first two months of the current fiscal year, the Hindu Business Line reported. During April-May the dock handled about five million tonnes compared with 5.6 million tonnes in the same period last year. The cause of concern for dock authorities i...
The US Navy completed at-sea testing of an experimental crane, which moved 128 containers from one ship to another with waves of up to a meter in height, Investor’s Business Daily reported. The Large Vessel Interface Lift on/Lift off crane is designed to transfer containers, military vehicles and other heavy loads from logistics ships to amphibiou...
The Maritime and Port Authority of Singapore (MPA) will extend the 20 percent port dues concession for container ships calling at Singapore for another two years from July 1, 2010 to June 30, 2012 to boost Singapore's attractiveness as a transhipment hub port, Xinhua reported. Introduced in May 1996, the port dues concession was part of MPA's efforts ...
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