Dubai-based DP World is not giving up hope of developing a port at Kulpi on the Hooghly estuary, though it is already six years since the company has entered into an agreement with the West Bengal government, reported The Financial Express. Anil Singh, managing director, DP World, Indian subcontinent, said the company was ready with money but that nothing...
A new container port in Bayonne, New Jersey is being built by the Port Authority of New York and New Jersey, and though it will consume as much energy as 2,000 homes, all of the electricity in its wires will be generated by the wind, Euclid Infotech reported. The new port is currently under construction, and a series of giant windmills will follow soon af...
Mumbai: DP World may pull out of a project to build a terminal at Kulpi on Hooghly river in West Bengal due to delays in finalising an agreement with the Kolkata Port Trust (KoPT) over sharing the dredging costs, local media reported earlier this week. “The delay is frustrating and nothing has moved for years… it has not come to that stage bu...
Kuala Lumpur: MISC Bhd has sold a 19-year old single hull chemical tanker to and Indonesian owner. The 15,999 dwt Bunga Siantan was sold for $3.2m to PT Waruna Nusa Sentana. “The sale of Bunga Siantan, built in 1991, is also in line with MISC’s asset management strategy to phase out single hulled vessels and maintain a modern fleet of chemical t...
SHEKOU Container Terminals (SCT) has started receiving vessels deployed on the China Korea Australia (CKA) service operated by Hanjin Shipping, Yang Ming, STX and Sinotrans Container Lines (SCL). The weekly service, which calls at the CMHI western Shenzhen terminals, deploys five 4,500-TEU ships on average. The China Korea Australia service calls at SCT...
APL, Singapore's NOL container unit, is installing four 90-metre-high gantry cranes that will increase cargo capacity at its terminal by more than 10,000 TEU from July. "This is a significant milestone for us," said APL north Asia president Ken Glenn. "It demonstrates our commitment to this market and to customers who need reliable service in and out of ...
- Rising demand, constrained financial resources and existing bottlenecks in supply as well as the need for efficient demand management, are challenges that transport infrastructure operators will be facing in the next 20 years, according to a second report in PricewaterhouseCoopers (PwC) "Transportation & Logistics 2030" series, carried out in cooperat...
Port companies around England and Wales seem close to victory in their battle against millions of pounds of backdated business rates, after the new coalition government pledged to cancel the retrospective demands. However, the battle itself may have been the starting point for the new UK parliament. Andrew Finfer, the solicitor advising the dock rating ...
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