Port News

DP World challenges ColomboMay 19, 2010

- DP World Ltd. may invest up to US$1bn in the first Indian port able to handle the largest container ships as the company tries to challenge Colombo’s grip on India’s maritime trade with Europe and China according to a report in Turkish Maritime. “What we are trying to do is compete in the regional and international market,” said An...

Israeli firm to build box terminal in India May 19, 2010

The Israel Ports Development and Assets Co (IPC) is seeking to gain the Indian government's approval for a consortium to build a container terminal in the western Indian state of Gujarat. Pending state approval from India's Ministries of Finance and Transportation, IPC aims to form a consortium with an Indian firm to build a modern container terminal in t...

Hamburg Q1 container volume down 4 percent to 1.8 million TEUMay 19, 2010

Overall container volume at Germany’s Port of Hamburg slipped 4 percent to 1.8 million 20-foot equivalent units in the first quarter, but loaded containers posted a 1.6 percent increase. Resumption of suspended Asian services should boost volume later this year, the port said. Claudia Roller, the port’s marketing CEO, said first-quarter figures ...

China Merchant unit expands with port investmentMay 19, 2010

Shenzhen Chiwan Wharf Holding, a port unit of China Merchant's Group, have acquired a 40 percent stake in Laizhou port in Shandong province, reflecting its optimism due to the rebound of global trade this year after the financial recession, China Daily reported. Shenzhen Chiwan, last week signed an agreement with a port logistics firm in Shenzhen to inve...

Virginia Port Authority to lease APM Terminals Virginia May 19, 2010

APM Terminals Americas and the Virginia Port Authority have reached agreement for the Virginia Port Authority to lease APMT's Virginia Terminal for US$40 million over a period of 20 years. Under the agreement, APM Terminals Virginia will continue to own the terminal and major assets, and all operations will be taken over by the Virginia Port Authority's...

Cosco Pacific April terminal volumes up 19.1pc worldwideMay 19, 2010

COSCO PACIFIC has announced that its April volume for its 20 container terminals worldwide grew 19.1 per cent in April year on year to 3.7 million TEU. With all but four of its terminals in China, Cosco Pacific's Yangtze River facilities did the best, reporting 30.3 per cent growth to 816,000 TEU with Ningbo playing the starring role, up 98.4 per cent to...

Yusen Terminals goes solar in Los AngelesMay 18, 2010

- Yusen Terminals Inc (YTI), a wholly owned subsidiary of NYK Line has completed the first tenant installed solar project at the Port of Los Angeles. The pilot system will produce 11,806 kWh/year using only 96 modules which represents emission reductions equal to planting 5.7 acres (2.3 hectares) of trees each year. The Copper, Indium and Selenium (CIS) s...

Netherlands considers ports merger May 18, 2010

- A Dutch government think tank has suggested closer co-operation or a merger of Rotterdam and Amsterdam ports in order to co-ordinate investment decisions and to reduce costs. A Rotterdam Port Authority spokesman said, “We are studying the report, which was drawn up in co-operation with us, and we will discuss it with the ministry, Amsterdam, Groni...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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