Media
Media
Cargo volumes at a Colombo port private container terminal in which John Keells Holdings has a big stake rose 33 percent in January over the same month the previous year, albeit from a low base the year before as trade recovers from recession, Lanka Business Online reported. The South Asia Gateway Terminal (SAGT) handled 162,890 TEUs in January 2010, howe...
With the shipping industry still sailing in troubled waters, Fitch Ratings has taken a negative outlook on it for the year 2010: due to excess capacity across container ships coupled with declining freight and charter rates, the shipping industry is in a daunting state, the Financial Express India reported. "Demand for Indian shipping is going to remain s...
China is investing millions to turn the fishing hamlet of Hambantota in Sri Lanka into a booming new port, furthering an ambitious trading strategy in South Asia that is reshaping the region and forcing India to rethink relations with its neighbours, Today Singapore reported. As trade in the region grows more lucrative, China has been developing port faci...
Port operator Asian Terminals is adding container-handling equipment at the Manila South Harbour in anticipation of higher volumes, saying it would invest in two ship-to-shore cranes as part of a long-term development program, BusinessWorld reported. “We are investing now in preparation for greater volumes and even better services in the future," sa...
Australia’s three largest container ports - Brisbane, Sydney and Melbourne - are moving closer to competition reforms that will bring widespread economic benefit, the Courier-Mail reported. Each port is moving to break the decades-long duopoly of stevedoring companies loading and unloading ships. Last financial year, the two stevedores achieved ra...
Ports of Auckland's interim profit rose through its aggressive clamp-down on labour costs, increased productivity and significant interest cost savings, according to analysts, the Christchurch Press reported. Net profit rose 30 percent to US$9.8 million in the December half, from the same 2008 period, despite revenue falling 6.8 percent to $57.5 million ...
Inspectors at the Port of Montreal searching an overseas shipping container for a pesky type of beetle made a surprise find – about 1.7 tonnes of hash, reported Windsor Star. Smugglers had divided the drugs into 864 packets and concealed those packets in the false bottoms of 18 of a 19-crate shipment of statues and masks shipped from South Africa. ...
Hong Kong’s Modern Terminals has selected Altai Technologies’ Super WiFi Solution to enable it to offer a new free WiFi service at its terminals 1, 2, 5 and 9. Benjamin Lai, General Manager, Hong Kong, of Modern Terminals, said: “The WiFi service helps save cost for our customers on maintaining close communication between the liner compa...
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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