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Saudi Arabia plans to create an independent firm that will manage the kingdom's eight ports under a gradual privatisation process, Reuters reported. The state-run Saudi Ports Authority has completed privatisation studies of the ports, which will lead to the inception of the independent managing entity, its head Khaled Bubshait said. While Bubshait ...
The trade unions at Kochi Port have suggested development of the Rajiv Gandhi Container Terminal (RGCT) as a “dedicated container terminal” to handle coastal cargo, upon commissioning of the International Container Transhipment Terminal at Vallarpadam, the Hindu Business Line reported. The unions requested the Shipping Secretary to take appr...
The Gujarat Pipavav Port (GPPL) has earmarked US$43.2 million for raising fresh infrastructure and upgrading existing infrastructure, NBM Media reported. The development plans include building rail sidings, a container yard and roads at Pipavav. The company has also built a dedicated rail line to Surendranagar in Gujarat to handle the racks segment ...
Shanghai International Port (Group) will spend US$33.3 million buying a 25 percent stake in APM Terminals' Zeebrugge Port in Belgium from Maersk Group as part of a planned global expansion, SinoCast reported. Shanghai International Port is expected to become the second-biggest shareholder of APM Terminals Zeebrugge after the deal. The Zeebrugge t...
The Port of Charleston handled 68,757 containers in April, an increase of 28.5 per cent compared to the same month a year earlier, with both imports and exports showing significant increases, according to the Shipping Gazette. April was the fourth straight month of year on year container throughput growth for the Port of Charleston. "Exports have be...
An influx of containers from China through Hamburg should boost the port's volume after figures show a four per cent decrease in containers in its first quarter, say port authorities. Asia traffic dropped by 2.1 per cent to 1.1 million TEU and European feeder services tied to Asia trade routes of 1.29 per cent against a rise in North American traffic o...
Vietnam is being urged to develop inland roads to support the giant deepwater container port that opened south of Ho Chi Minh City last year, according to the Shipping Gazette. "These are essential if we are to maximise capacity of the new deepwater terminals to handle main line mother vessels," said Cai Mep International Terminal Commercial (CMIT) offi...
A new passenger terminal that is inspired on the one in Amsterdam is to be built in Hong Kong. Its design and layout are based on the passenger terminal in Amsterdam. The Port of Amsterdam, Passenger Terminal Amsterdam (PTA) and engineering firm Lievense were among the parties involved in submitting a proposal for the design and construction of the new term...
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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