The 10% concession for ocean-going vessels mooring at the Port of Singapore for not more than 10 days has been extended for a further six months to September 30, as has the 20% port dues concession for commercial harbour craft. The concession was originally introduced to help the industry during the recession. (Source: Port Startegy)
The Union government-owned Kochi port, India's most expensive in terms of ship calling costs, has got the port tariff regulator's approval to raise vessel-related charges by 40 percent, Euclid Infotech reported. These charges comprise port dues, berth hire and pilotage, and are levied on shipowners. Customers of the port had opposed the proposed hike be...
A tough new penalty regime is to be introduced by the New South Wales government at Port Botany in a bid to clear truck traffic jams, as a record number of containers move through the port, the Australian Financial Review reported. The new system to be announced today and to come into force later in 2010, is not expected to be welcomed by stevedores DP Wo...
Tokyo: Japanese shipping line Kawasaki Kisen Kaisha Ltd. (K-Line), on behalf of Flex LNG Ltd., plans to launch the world's first floating LNG (FLNG) production platform in 2014 for Thailand’s state-owned PTT Exploration & Production PCL (PTTEP). K-Line will operate the offshore facility in a natural gas field in northwest Australian waters thro...
SRI LANKA's main Port of Colombo this year logged its highest throughput of all time for March, recording a total 360,801 TEU in volume, up 21 per cent from March, 2009. First quarter volume meanwhile was up 27.4 per cent year-on-year at 993,166 TEUs, the Colombo Daily News reported. The Sri Lanka Ports Authority (SLPA) attributed the figures to qualit...
LOCAL authorities in China's Dongguan province have given the go ahead to PSA Dongguan Container Terminal (PSA DGCT) to handle dangerous cargo, including IMO Classes 3, 4, 5.1, 6.1, 8 and 9, according to a statement from the terminal operator. The dangerous cargo container yard located within the terminal and built over 8,568 square metre has a capacity ...
Philippine port operator International Container Terminal Services Inc plans to issue a further $150-200 million of its existing 10-year dollar bond, two sources close to the deal said. The issuer has set an initial guidance of around 7.125 percent for the planned issue, which could be priced as early as Thursday, one of the sources said on Thursday...
Klaipėda port (Lithuania) is gradually regaining its leader position among the ports of the Baltic States. The first quarter of this year allows for optimistic forecasts: the port succeeded in maintaining high growth rates of cargo and passenger flows, thus record results in cargo handling are expected by the end of the year. Klaipėda outperformed t...
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