Media
Media
Lyttelton Port said its major shareholder Christchurch City Holdings is in principle supportive of the proposed operational merger with Port of Otago. Talks are continuing and if an operational merger is agreed it will have to be approved by the Commerce Commission and shareholders. Port of Otago is owned by Otago Regional Council. Christchurch City Hol...
- Port revenue bonds issued by the Virginia Port Authority (VPA) have received strong evaluations from two major bond rating agencies. Standard & Poor's gave its "A+" long-term rating with a "stable outlook" to the Port Facilities Revenue Refunding Bonds and affirmed that same rating and outlook for about US$217m in outstanding Port Facilities Revenue ...
The first-quarter freight volumes via Magadan Commercial Sea Port jumped 42% from the same period last year to 121,000 tons, RIA Sever DV reports referring to the Magadan Statistics data. In Jan.-Mar. Port of Magadan has seen 102,000 tons of inbound cargoes, a 47% surge year-over-year. Overall, in Q1 there was a 62% slump in sea traffics in the region sin...
Container volumes at Russian ports may rise by 3-7% this year over 2009’s numbers, PortNews IAA reports quoting Sergey Semenov, Director of Business Development of MorStroyTehnologiya, who was speaking at TransRussia-2010 Expo. The global economic crisis, Mr. Semenov said, had dramatically hit the overseas container traffics and led to a year-over-y...
Abu Dhabi Ports Company (ADPC) has awarded a major procurement and construction contract worth over US$81 million to Larsen and Toubro for its flagship project at Khalifa Port and Industrial Zone (KPIZ) in Taweelah, TradeArabia reported. The contract involves the design, construction, testing and commissioning of the electrical medium voltage power supply...
VLADIVOSTOK Commercial Sea Port OJSC (VMTP) has acquired new equipment for use at the port in the second quarter of 2010 with its first purchase from Germany manufacturer Sennebogen for two multipurpose crawler cranes, the 870 R special and three Bleste grab buckets for acquisition later in the year. The cost of each crawler crane is EUR2 million (US$2.66...
The CMA CGM Group will open its newly renovated deepwater quay in Iraq’s Umm Qasr port on Friday. This quay is dedicated exclusively to CMA CGM vessels and equipped with the most modern cargo-handling facilities, allowing the French line complete autonomy in the handling of its containers into and out of Iraq. For the first time in Iraq, CMA CGM w...
The new operator of Manila North Harbour has acknowledged problems at the port but said these were "birth pains" and the situation was "normalising,” BusinessWorld reported. Manila North Harbour Port president and chief executive Michael Romero said "small delays" were normal. Manila North Harbour Port, a joint venture between Metro Pacific Invest...
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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