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The Federal Agency of Maritime and River Transport of the RF Ministry of Transport (RosMorRechFlot) announced that the data of Magadan seaport (MCSP) was listed in the Russian Register of Seaports (November 18 2009 N AD-235-p decree). The agency assigned the MCSP a serial registration number T-3, the Rosmorport’s Magadan branch statement said. In ac...
A grain terminal of annual capacity of 2.4 million tons at the Tuapse Commercial Sea Port is to be launched today, February 8, 2010. The first vice-premier Viktor Zubkov is said to attend the ceremony, Novosti RIA reports. The terminal construction project started in 2007. It may boost the Tuapse port transshipment volumes of grain, a broader range of bul...
Cargo turnover through Kaliningrad Commercial Sea Port" (KCSP) amounted to 175.900 tons in January 2010, a twofold drop from the same period in 2009, the port authorities statement said. In January figures ferrous metals shipment volumes dropped to 67.800 tons, 2.6 times down against January 2009, of coal and coke - in 3.4 times, to 14.700 tons, of petrol...
Slow steaming on a particular Asia-Europe trade can save a shipping line in excess of US$10 million in fuel costs but this means berthing windows need to be changed and this is not so easy in Europe, unlike in Asia, reports Correspondent Paul Richardson Almost half of the container shipping services covering the Asia-US and Asia-Europe and Mediterranean tra...
With 110 million tons of sea-borne cargo handled in 2009, a year impacted by the global economic and financial markets crisis, Germany’s biggest universal port fell short of the previous year’s result by around 30 million tons (- 21.4 per cent). Improvements are in sight for the year 2010, and port-related industries anticipate a moderate level ...
THE US Port of Long Beach plans to invest up to US$3 billion on improvement projects over the coming decade, in a bid to ward off increasing competition from traditional rivals on the west coast, Canada, Mexico as well as the US east coast. The Panama Canal expansion will allow the largest containerships from Asia to travel direct to gulf and east coast p...
EASTERN China's Ningbo-Zhoushan port recorded world's fastest year-on-year increase of 10 per cent in its throughput tonnage last year to 570 million tonnes, Xinhua reported. The throughput volume was 50 million tonnes more than 2008's volume, taking up 81.4 per cent in Zhejiang province's sea port throughput total. Throughput of foreign trade cargo...
SHENZHEN's Yantian Port Holdings posted a net profit attributed to shareholders of parent company of CNY461 million (US$67.5 million) last year, falling 19.55 per cent compared to the prior year, Xinhua reported. Revenue dropped 6.6 per cent to CNY401 million. Earnings per share was CNY0.37. Weighted average rate of return on equity was 11.73 per cent. ...
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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