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Fearing the possibility of a looming monopoly by the Romero family over local ports, the Philippine Lines Shipping Association, (PLSA), which comprises eight of the biggest users of the Manila North Harbour, has thrown its support behind Metro Pacific Investments (MPIC), which is seeking control of the country’s busiest and premier domestic port, the ...
The first Inland Container River Terminal in Bangladesh, being built at an estimated cost of US$25.5 million, is likely to open early next year on the Buriganga River, the Bangladesh New Nation reported. Shipping minister Shajahan Khan said the government is working to demolish illegal structures on the banks of all rivers around Dhaka City to free the ...
Cooperation between Japan and Angola has made it possible to refurbish the port of Namibe with an investment of US$24 million, Euclid Infotech reported. The director general of the port said that 120 metres of dock had been refurbished, of a total 240 metres earmarked for refurbishment. He added that it would be necessary to continue investing in or...
Yusen Terminals (YTI), a wholly owned subsidiary of NYK, has announced completion of the first tenant-installed solar project at the Port of Los Angeles, Euclid Infotech reported. The pilot system, installed in cooperation with NYK Trading Corporation and designed by SeaPort Energy, will produce about 11,800 kWh/year using only 96 modules. This repr...
Shanghai: Shanghai International Port (Group) invested 27.16 million euros on May 28 to acquire a 25 percent stake in Belgium’s Zeebrugge terminal, becoming the second largest shareholder of the terminal, reports China Securities Journal. Prior to the transaction, Zeebrugge port is wholly-owned by Maersk’s APM Terminals. SIPG was in talk...
The Vietnam National Shipping Lines (Vinalines) kicked off a project to upgrade the Cam Ranh Seaport in the central province of Khanh Hoa on May 26, Thai News Service reported. Deputy Prime Minister Hoang Trung Hai said this is an essential infrastructure work serving the socio-economic development and the trade of goods of Khanh Hoa province, the south...
In what officials at the Port Authority of New York and New Jersey say is a sign of economic improvement at home and abroad, the total volume of imports and exports rose 9.6 percent at the region's ports during the first quarter of 2010 compared with the same period last year, the Star-Ledger reported. Imports for the year's first three months rose 9....
The Chittagong Port Authority (CPA) has announced it will resolve the LCL cargo handling crisis within a week in a bid to smooth the performance of the country's premier port and save the unduly spent time, the Bangladesh Financial Express reported. The CPA earlier suspended the activities of operators at 12 berths and started cargo handling under its ...
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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