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SIGNS of a recovery in the freight transport market have been confirmed by the latest European Freight Forwarding Index published by Danske Bank. However, the speed of the recovery appears limited. The index shows that volumes are expected to improve within a couple of months, following a weak start to 2010. “However the underlying recovery in the...
AFTER a difficult year, Eurotunnel is showing some positive signs. In 2009 revenues amounted to €571.1m, 16% lower than in 2008. This is an encouraging outcome against a difficult economic crisis and a period in 2008 that was heavily impacted by the tunnel fire. Truck shuttle traffic was doubly impacted during the year by the consequences of the fire...
The fortunes of Brazilian ports are rising. Firstly the Special Secretariat for Ports has earmarked an investment of US$ 1.8 billion from the federal government’s Growth Acceleration Program (PAC) specifically aimed at infrastructure work. Ports like Santos will benefit from the new Brazilian initiatives Secondly, some of the bigger ports ar...
Saigon Premier Container Terminal (SPCT) has officially opened its gates after three years of construction. Located near Ho Chi Minh, Vietnam, it is part of the area’s push outwards away from the congested inner city, where a number of smaller port operations are closing. SPCT's recent ribbon cutting ceremony After the ribbon-cutting ceremony Dr Ma...
A tender covering the concession of a second container terminal at the port of Montevideo will be issued on March 17, 2010. It will specify a minimum of four cranes, which will deployed in a 600 metre quay length dredged to a depth of 14.5 metres and occupy an area of 200,000 sq m of reclaimed land. Source: Port Strategy
Azerbaijan's Transport Ministry has received some technical feedback for the construction of a proposed seaport at Alat, which is located to the south of the capital city. Should technical studies prove sound, a tender for the construction of the port is expected to be issued sometime this year. The initial phase, which would be funded by the state, wo...
Spain's construction and services group, ACS, has created a series of local agreements for the disposal of the overseas ports assets held by subsidiary Dragados-SPL. In each case, shares in existing joint ventures are being sold to local partners. In all, the company holds stakes in six terminals in Chile, the Dominican Republic, Brazil, India, Portugal ...
The biggest deepsea container ship in the history of the Gdansk port, "Maersk Taikung", which arrived with the first load of cargo directly from China, launched a weekly service operated by the giant carriers. Until 2 February - when "Svendborg Maersk" docked at the DCT terminal - Gdansk saw the arrival of: "Skagen Maersk", "Sally Maersk" and "Maersk Tanjon...
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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