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THE Bureau of Customs (BoC) in the Philippines is rolling out a global positioning system (GPS) technology to track container trucks leaving customs areas. The BoC also plans to accredit GPS service providers and monitor GPS implementation, reported the Manila Bulletin. The BoC is ready to finalise the drafts for the Customs Administrative Order (CAO) t...
SOUTHEASTERN China's Fuzhou International Terminal (FICT) handled more than 150,000 TEU during the first quarter, an increase of 47 per cent year on year compared to the same period in the preceding year, Logistics Week reported. In March, the terminal handled 50,299 TEU, up 36 per cent. When the world shipping market is hard hit by the financial turmo...
Coal volumes exported through Port Vysotsky LLC this January-April amounted to 718,725 tons, a 31% drop from 1,050.000 tons handled in Jan-Apr, 2009, PortNews IAA reports with reference to the stevedoring company statement. Port of Vysotsk is located on the shore of the Gulf of Finland, 159 km north-west of St. Petersburg. Por Vysotsky Company is a major ...
Klaipeda Sea Port (Lithuania) plans to boost its volumes to 29.796 million tons versus last year's 27.866 million tons, the Port Authority said. Besides, the projected figures approach record result of 2008, 29.880 million tons. The forecast numbers are based on the Jan-April trend, the Port Authority statement said. According to an earlier report ...
With the increase in the number of vehicles arriving at the southern customs checkpoint of St. Petersburg Customs, in order to optimize the duties of customs post officers without reducing the effectiveness of customs control Cyril Krasilnikov, acting Chief of St. Petersburg Customs decided to organize the clock work of officers of customs clearance and cus...
Ras Al Khaimah, UAE will invest up to $ 500 million in the development of the port of Poti (Georgia) over the next 4-5 years from the Rakia Investment Fund, The Wall Street Journal reports citing Black Sea Port Authorities. The Investment Fund is the legal owner of the port, the newspaper notes. Reconstruction of the port of Poti is scheduled to be complete...
Freight traffic volumes via the port of Kotka (Finland) 2010 rose by 3.7% in January-April, compared with that of 2009, to 2,793,945 tons, the Port Authority statement said. The port’s volumes grew thanks to a 17-percent growth in outbound cargoes, to 1,542.973 tons, and a 26-percent rise in imports, to 651.076 tons. Transit commod...
The first quarter of 2010 began to show a gradual recovery in throughput and transport volumes. As expected, revenue of Hamburger Hafen und Logistik AG (HHLA) decreased further by 7.0 percent to 238.5 million Euros. EBIT declined in the same period by 30.6 percent to 35.4 million Euros. The EBIT margin of 14.8 percent and the equity ratio of 40.9 percent de...
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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