Port News

OOCL and COSCON announce changes to their joint Middle East Express Se...Mar 26, 2010

Orient Overseas Container Line Ltd., (OOCL) and COSCO Container Lines Co., Ltd. (COSCON) jointly announced changes to their existing Middle East Express service (MEX). The revised MEX Service will be served with six 5,500-Teu containerships, with 3 vessels each from OOCL and COSCON . This replaces the Middle East Express currently run by OOCL, COSCON, and...

Konecranes celebrates the delivery of its 3.000th unitMar 26, 2010

- SMV 4531 TB5 reachstacker was produced in the Markaryd, Sweden factory and was ordered by Van Der Most in Netherlands through Konecranes Dutch Distributor Peinemann BV. This delivery is a major milestone in the history of Konecranes and “sets the stage for our new goal: delivery of the next 3.000 machines,” said Lars Fredin, managing directo...

Los Angeles welcomes a new container lineMar 26, 2010

- The Containership Company (TCC), a newly formed Norwegian-based container line headquartered in Copenhagen, has selected TraPac Container Terminal at the Port of Los Angeles as its US west coast gateway. Starting in April, TCC will operate a weekly "no frills service" between Los Angeles and the Modern Terminals facility at the Port of Taicang, a manufa...

Sinotrans eyes China port investmentsMar 26, 2010

Chinese shipping and logistics firm Sinotrans it plans to boost capital spending this year and is eyeing minority investments in mainland Chinese ports amid a turnaround in domestic and international trade, Dow Jones reported. Sinotrans President Zhang Jianwei said the company will focus on expanding its intra-China trade business in 2010 to ride on the n...

Western Shenzhen's Shekou CT welcomes two new services Mar 26, 2010

CHINA Merchants Holdings International (CMHI) has announced its Shenzhen Shekou Container Terminal (SCT) is to welcome inaugural callings from CSCL Tokyo on the China Vietnam Express (CSX) service and Pacific International Lines' (PIL) Kota Labaai on the jointly run Far East Europe Service (FES). The new CSX will deploy four 900-TEU ships, calling at SCT...

New port for West Bengal Mar 25, 2010

The Indian government has recently proposed partially funding the development of a port on Sagar Island in West Bengal, hoping to release the bottleneck that presently strangles the area. If dredged, the port would have a draught of 12 metres, and would help provide an alternative outlet for vessels currently unable to access either Kolkata or Haldia beca...

Things are looking up – if you have the cash Mar 25, 2010

Despite the pressure of increased environmental compliance, 2010 will be a good year for anyone in the shipping industry with cash and access to finance, said shipping accountant and adviser Moore Stephens. Julian Wilkinson, head of the Moore Stephens Shipping Industry Group, said: “For the first time in a decade, shipping bankers can get a decent a...

Antwerp aims at international stakesMar 25, 2010

Antwerp has just announced it has its eye on acquiring stakes in foreign projects, and Nico Vertongen, a director of Antwerp’s newly created subsidiary, Port of Antwerp International (PAI), tells Port Strategy why. Mr Vertongen explains that the move has been sparked partly by market timing. “There are good deals to be had if you have the mone...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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