THE Port Authority of New York and New Jersey's airports handled slightly more cargo in the first quarter, while the agency's seaports saw 9.6 per cent growth over 2009. Truck traffic, which generates significant revenue for the Port Authority, declined by 2.1 per cent during the reporting period compared to the same period a year earlier. At the ...
PORT of Taicang, in eastern China's Jiangsu province, set a new record in its monthly container throughput by having handled 192,700 TEU in April, up 48.6 per cent year on year, Xinhua reported. The port's monthly cargo throughput tonnage also grew to a new high of 6.4 million tonnes, up 68.6 per cent same period last year. From January to April, ...
Ningbo Port plans to raise as much as US$1.9 billion on the Shanghai Stock Exchange, which will be used to build new coal and container terminals, the Shanghai Daily reported. This planned initial public offering could become the second-largest IPO in the Shanghai market this year. The operator of the Chinese mainland's second-largest port by throu...
Slovenia’s port of Koper has been connected with the Far East by a second direct container line. The service has been established by four operators - South-Korea-based Hanjin Shipping and Hyundai Merchant Marine, Taiwan-based Yang Ming Line and Kuwait-based United Arab Shipping Company. Vessel rotation will be Pusan - Shanghai - Ningbo - Yanti...
Port of Oulu (Finland) is going invest in a new warehouse project some €4.1 million to expand the storage capacity. The warehouse facility is intended for the storage of timber on an area of 6,000 sq m and for containers and integrated cargo on an area of over 14,000 sq m. Construction of the facility is scheduled to begin this summer, the Company pres...
Port of Samsun, the largest in Turkey may join the Viking project in the near future. The issue is scheduled for discussion of government delegations of four countries – Lithuania, Ukraine, Belarus and Turkey, Ivan Liptuga Vice - President of FIATA (International Federation of Freight Forwarders Associations) said at the 2nd meeting of the industry re...
Chinese ports recorded a container throughput of 11.08 million TEU in April, up 23.2 per cent year on year, according to the statistics from China Ministry of Transportation quoted by Xinhua, as of April 29. Throughput tonnage increased 18.7 per cent to 560 million tonnes. Foreign cargo volume went 32 per cent up to 220 million tonnes. (Source:www.sche...
LUXEMBOURG's Wallenborn Group has opened a new logistics office at Frankfurt Airport to spearhead its growth in Germany and provide specialised air freight and high value cargo distribution throughout Europe built on gains from German contracts. Despite some transport companies curtailing operations in Germany, the Wallenborn said it is committed to th...
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