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consultant in Buenos Aires has criticised the Argentinean government for a lack of planning in respect of the country's port network. University professor Juan Carlos de Palacio says that, despite a 25% drop in cargo volumes last year, this has still not solved the basic capacity problem at Buenos Aires, which is down to a lack of infrastructure, espe...
Hong Kong: Hutchison Whampoa’s ports business profits and volumes were hit by the global economic downturn in 2009 “This division faced a very difficult year in 2009,” said Li Ka-shing, chairman of Hutchison, in his statements on the company’s financial results for 2009 Earnings before tax and interest for the ports division fell 21%...
DP World has ordered two Kalmar DRF450 reach stackers and two Kalmar DCE80 empty container handlers from Cargotec for its new terminal in Callao, Peru. "We are very pleased to work with DP World and its associated partners in global terminal operations," said Cargotec account director Paul Michon. "They appreciate the durability and well-proven concept of...
BRITISH Transport Minister Sadiq Khan announced approval of a GBP500 million (US$748.6 million) deep sea container terminal at Avonmouth Dock, near the port of Bristol which will accommodate ultra large container ships (ULCS) with an expected annual throughput of 1.5 million-TEU through its expanded 16 metre draught. "The ports sector plays a vital role i...
APL's one-stop container freight station has opened at Port Qasim, Karachi, to provide consolidation, storage and cargo handling services which had been spread over three facilities. By operating as regional hub, the new terminal is expected to deliver cost savings and improve transit time, most notably by allowing APL to streamline its trucking, customs...
Boosted by strong growth in containers, total trade through the Port of Melbourne has now drawn level with pre-financial crisis volumes, down just 0.1 percent for the financial year to date. The Port of Melbourne recorded a significant increase in total trade in February – up 24.6 percent on the same month the previous year when the global financial...
Port Klang Authority (PKA), the regulator of Northport and Westports, has given Port Klang users a further three months to prepare themselves for the reduction in the free storage period for full container load (FCL) containers from five days to 72 hours, Business Times reported. The new 72-hour storage ruling will now come into effect on July 1. "Based...
Shanghai International Port (Group), the largest port operator in China, booked a net profit of US$150.9 million in the fourth quarter of last year, up 48 percent from a year earlier, China Knowledge Press reported. Shanghai International Port realised a net profit of $550.7 million last year, down 18.6 percent year-on-year, with turnover falling 8.79 per...
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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