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The Virginia Port Authority would pay at least US$800 million over 20 years to lease the new APM Terminals facility in Portsmouth, according to Govenor Bob McDonnell, the Virginian-Pilot reported. The Port Authority would pay $40 million a year, plus incentive payments for container volumes of more than 500,000 a year, to APM Terminals over the 20-year li...
A FREIGHT train hauling 40 containers loaded with paper products produced in China's northeastern provinces has arrived in Vladivostok Fishing Seaport (VMRP). The transhipment containers were due to be transported by ship from Vladivostok Fishing Seaport to the Port of Shanghai. The transit cargo had been shipped via the Suifenhe-Grodekovo border cross...
Independent shipping and logistics specialist, Wallenius Wilhelmsen Logistics has unveiled its vision of a zero emissions marine terminal. Powered by the sun and wind, the so-called Castor Green Terminal will use no conventional power or fossil fuels and will release no harmful emissions into the atmosphere. While primarily aimed at the ro-ro trades, Er...
Commissioners at the Port of Portland (Oregon) are today set to vote on a deal that marks a possible revival of port privatisations in the US. The transaction, where International Container Terminal Services, Inc. (ICTSI) would enter into a 25-year lease on the port's Terminal 6 (a combination container/ breakbulk facility), is significant because a comp...
- The UK Port of Felixstowe cut its carbon emissions by 8% in 2009, according to its annual Environmental Report, which provides details of the environmental impact the port has on its surrounding area. “We take the effect our operations have on the environment very seriously and are constantly striving to reduce the impact we cause,” said Dav...
Buoyed by resilient Asian economies and demand for American exports, trade volumes through local ports are rising at a quicker-than-expected pace this year, surprising many economists, the McClatchy-Tribune Regional News reported. Total container counts through Long Beach and Los Angeles are forecast to grow by 10.2 percent from 2009 levels, up from predi...
The Private-Public-Partnership Advisory Committee (PPPAC) in India cleared the US$818.8 mega container terminal at the Chennai port paving the way for the issue of RFP (request for proposal) for the India's first mega container terminal at Chennai port on build, operate and transfer (BOT) basis, the Hindu Business Line reported. Considered to be the most...
The consortium of feeder operators in Kochi port is planning to hike its charges in the wake of the 40 percent increase in vessel-related charges following the implementation of the proposal of Tariff Authority of Major Ports (TAMP), the Hindu Business Line reported. The 40 percent hike in vessel-related charges would not affect the mainline operators as ...
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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