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In its attempt to consolidate its position as a multi commodity port, the Mumbai Port Trust has decided to upgrade the port facilities including pushing traffic handling capacity to over 100 million tonnes from the current 54.54 million tonnes involving an investment of US$329 million, NBM Media reported. In the planned process it is creating dedicated fa...
The state of Virginia is considering a takeover of the Port of Richmond, the troubled city-owned marine terminal that's suffered from a sharp decline in business, according to Transportation Secretary Sean Connaughton, Euclid Infotech reported. Preliminary talks between the Virginia Port Authority and Port of Richmond officials "are at a very low level a...
Cargotec will supply two MacGregor windlass-handling manipulator systems and two offshore knuckle-jib cranes, ensuring safe and efficient offshore anchor-handling operations for DOF ASA. In April Cargotec received an order for two of its MacGregor windlass-handling manipulator systems and two large offshore knuckle-jib cranes. The anchor-handling equipmen...
The most modern forwarding terminal in DB Schenker's European land transport network has opened in the Austrian town of Bergheim, near Salzburg. Around EUR 26 million was invested in the terminal, which serves as a hub for flows of goods in Europe, efficiently linking modes of transportation. The roughly 80,000 square meter site is now home to a 10,000 s...
A UkrRechFlot’s subsidiary, Kherson River Port has commissioned the first phase of the grain terminal. The terminal project was funded by UkrKazeksportastyk Ltd., a joint venture formed in 2007 by Kherson Port and KazekPortastyk Holding (Astana), a Kazakhstan grain trader, RZD-Partner.Ru reported. According to the Kazakh partner, the terminal facili...
A MISSILE hit a reefer warehouse at Jordan's main Port of Aqaba, but it could not be determined if it was deliberately targeted, according to an Associated Press report. No one was hurt, and it's unclear who launched it. It was reportedly Russian-made, though Jordanian officials said it was fired from outside Jordan. Israeli media said two rockets hit A...
US commodity importers on the Pacific route have asked the Federal Maritime Commission to help ensure that rate agreements with carriers are kept confidential by Chinese authorities. Regulations introduced by the Shanghai Shipping Exchange, set up in June 2009, order carriers to tell the exchange about their tariff rates and some negotiated rates for cont...
Despite strong volume increases in the opening months of this year, worldwide ocean container trade is expected to see only a modest recovery over the next couple of years, growing by around 11 percent in 2010 as a whole and five to six percent in 2011. Meanwhile, global container shipping capacity looks set to increase by 25 percent between now and the e...
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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