Royal Boskalis Westminster N.V. (Boskalis) and its consortium has clinched a $211 million) contract to construct a new LNG port at Swinoujscie near Szcecin, Poland. Boskalis, whose stake in the contract amounts to $93.2 million, said on Friday it will act as the lead contractor in a consortium which includes Hochtief Construction A.G. (Germany), Per Aarslef...
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reached 45.845 million mt, up 5.325 million mt or 13.1 percent compared with the same month last year. During the month in question, daily shipments of coal were about 1.528 million mt, increasing by 67,000 mt or 4.6...
SWIRE Pacific, together with Citic Pacific, which also has a stake in Cathay Pacific Airways, has sold the three companies' joint 40 per cent share in Hong Kong Air Cargo Terminals Ltd (Hactl), the airport's No 1 ground handler because Cathay is now building a rival cargo terminal of its own. Remaining Hactl shareholders, Jardine Matheson, Hutchison Por...
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. April was the fourth straight month of year on year container throughput growth for the Port of Charleston. "Exports have been leading the way lately, and now impo...
KOREA's Hanjin Shipping plans to sell 49 per cent of its Busan-based terminal operator to raise working capital after suffering a first-quarter loss of KRW135 billion (US$107.9 million). Hanjin, Korea's biggest container shipping line, also announced that it expects to raise KRW200 billion by selling the stake in Hanjin New Port Co, which runs its Busan...
Dhaka: The government has taken steps to transport containers through waterways aiming to reduce time, cut cost of exporters and importers and lessen pressure on road. "The government wants to transport at least 50 per cent of containers through waterways and it will reduce cost by about 30 per cent and time by a day," said a shipping ministry official. ...
- The construction of the Aus$1bn (US$822,709) Port Botany Expansion project in Australia is benefiting construction companies and workers across New South Wales, according to the State Government’s Ports and Waterways Minister, Paul McLeay. Since mid-2009 around 250 workers have been involved in the production and placement of the 216 massive count...
Atmospheric pollutants in Antwerp harbour have dropped significantly over the last decade, according to recent figures. Emissions per tonne in large-scale industry have been nearly halved in ten years despite production in the area growing by 10%. Further, over a period of thirty years, production more than doubled while total emissions dropped by about...
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