To enhance capacities of major ports, the ministry of shipping is aiming to award 22 projects worth Rs 13,600 crore under the public-private partnership mode in 2011-2012. However, of the total projects only 8 are new while the rest are being carried forward from last year as they could not be awarded within the target date of March 31, 2011. The new pr...
A GROUND breaking ceremony has been held to mark the beginning of construction of the C$16 million (US$16.8 million) multi-tenant cargo facility at Canada's Edmonton International Airport, which is scheduled to open in early 2012. The air freight facility is designed to provide 50,000 square feet of cargo handling space with the airport authority providi...
APM Terminals' Gujarat Pipavav Port, posted a 29 per cent first quarter throughput increase to 136,510 TEU, which set a record. This resulted in a 46 per cent first quarter profit increase to INR59.8 million (US$1.3 million) against year-on-year losses of INR318 million in 2010. Year-on-year first quarter revenue surpassed INR863 million, up from INR54...
ASIA-EUROPE container ports, which have reported first quarter results, all show increased box volumes except Mumbai's Nhava Sheva that slipped 3.7 per cent, reports Paris based maritime analysts Alphaliner. The India slide was attributed to a first quarter cargo decline as Mumbai loses volume to Gujarat because shippers are looking to avoid congestion t...
The Silja Festival ferry (operator Expo-Tour) docked today at the passenger port "Marine Facade". The ferry arrival has opened the navigation of 2011, the port developer, "Marine Facade" company said. The cruise ferry, en route from St. Petersburg - Helsinki - Stockholm - Tallinn - St Petersburg, sets sail from the port this evening. The construct...
Shanghai is to further expand facilities at the Yangshan Deep Water Port as part of a plan to enhance the port services industry during the 12th Five-Year Plan, reported China Economic Review. Phase III-A and Phase III-B of the Yangshan Deep Water Port is also expected to receive official certification during the five-year period after trial operations be...
Dutch-based container ports operator APM Terminals may invest in a Russian Baltic port, according to information disclosed by the Russian Government ahead of Prime Minister Putin's visit in Denmark and Sweden, reported ADPnews Shipping. APM Terminals is considering running the port of Baltiysk in Kaliningrad, envisaged to handle six million TEUs a year, ...
Britain's PD Ports says the launch of a third weekly service into Teesport by BG Freight Line in the northeast of England is another sign that this historically troubled port's container harbour is booming - with volumes up 40 per cent in 2010 year on year, according to the Shipping Gazette. BG Freight Line will now link the port with Antwerp as well 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