The state-owned Virginia Port Authority would acquire the right to operate APM Terminals Inc.'s Portsmouth marine cargo terminal for a 20-year period, according to preliminary terms of a lease agreement between the two entities, a top port official said. Joseph A. Dorto, president and chief executive of Virginia International Terminals Inc., the port aut...
The start of a cooperation scheme involving 350 European Union container ships will be delayed by an EU competition investigation, the German initiator of the plan said, Reuters reported. But it was still hoped the scheme could start later this year if EU competition clearance is given, Hermann Neemann, who is organising the Baltic Max Feeder scheme told R...
The largest port in the Haiti capital Port-au-Prince has reopened, confirms the U.S. Coast Guard. The port was damaged in the devastating earthquake afflicting the country last week. ”We’re are on our third vessel and the structural engineers have okayed this operation we are doing,” said Lieutenant Commander Mark Gibbs, to the news agency...
QINGDAO port, China's second largest foreign trade port, throughput grew 5.1 per cent year on year to 315.5 million tonnes while its container volume increased 2.4 per cent to 10.3 million TEU in 2009, reports Xinhua. Although the average throughput slipped 7 per cent in the first 11 months of 2009, the port's container volume reached 9.4 million TEU, u...
Early indications on final import figures for US ports in 2009 reveal a 17% slump in traffic, despite overcoming a trough in the first half of the year. The Ports of Long Beach (pictured) and Los Angeles can look forward to some growth this year. Forecasts from Hackett Associates’ Global Port Tracker put monitored east coast and west coast US port...
Indonesia's 13 international ports are moving towards 24 hours-a-day operations, with Tanjung Priok, Makassar, Belawan and Tanjung Perak ports the forerunners for the move. Tanjung Priok is moving into 24/7 operation along with 13 other major Indonesian ports. Photo:Portek Once the extended opening has been established in these key ports, the remaining n...
If a German plan to put a group ship layup in place gets past the European Commission, it might well further impact on already burdened European ports. Mike Burns: plan “cannot be good news for port growth strategies” “Given the huge oversupply of feeder ships in the coastal European market, operators have found themselves between a rock...
Food, water, medical aid, humanitarian supplies – the bulk of the aid to Haiti should be arriving by sea, the most effective way of delivering the truly massive amounts of aid needed by the victims of the earthquake. Robert Gates: sending harbour-clearing ships As US Defence Secretary Robert Gates pointed out: “You cannot fully meet the needs ...
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