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Media
Marco Polo Marine has entered into a S$11.9m sale and leaseback deal to allow eight vessels to allow them to operate in Indonesian waters. The company said it had sold the eight vessels to a “related party” and they would then be leased back to MP Shipping as Indonesian flagged vessels. Sean Lee Yun Feng, chief executive of Marco Polo, noted o...
Maersk plans to expand its Direct ChassisLink program throughout the Midwest and the Ohio Valley as of March 1. Under the expansion, the program will offer chassis to drayage companies from select container yards and rail ramps in Chicago, Cleveland, Columbus, Louisville, Detroit, Evansville, and Indianapolis that will cover the entire Midwest and Ohio Va...
Mærsk has donated free transportation for UN aid to Haiti. Maersk Line provides two craned container vessels for aid delivery to Port au Prince. The cranes on the vessels are well needed as all the container cranes were damaged in Port au Prince, hit by the recent earthquake. Maersk Line has also agreed to take care of the storage and logistics in the...
A positive rebound in trade volumes saw total trade through the Port of Melbourne in December 2009 increase 6.6 percent on the corresponding month the previous year. "We are always cautious about drawing conclusions on trends from one month's trade results but the signs are very encouraging," said , Port of Melbourne Corporatin's (PoMC) chief executive o...
Listed port operator Asian Terminals Inc (ATI) has secured the right to expand its operations at the Port of Batangas, BusinessWorld reported. In a disclosure to the Philippine Stock Exchange, the firm said a Notice of Award of Contract to manage, operate, develop and promote the A-1 container terminal had been received yesterday from the Philippine Ports...
THE Irish Coast Guard has warned people not to collect debris washed from containers lost at sea on a coastal run between Dublin and Cork, reported Raidio Teilifis Eireannm (RTE), the state broadcaster. Officials said people might be tempted to take the cargo of firelogs, said RTE, adding that the logs may well be contaminated with a chemical that risks e...
THROUGHPUT at the First Container Terminal in St Petersburg for the full year 2009 fell 12.4 per cent to 938,931 TEU against 2008 results, but it also enjoyed a 0.7 per cent year on year uptick in December to 87,537 TEU. Exports totalled 44,818 TEU in December 2009 and imports came in at 42,719 TEU. Reefer boxes totalled 12,582 TEU, reported Russian Trans...
THE third berth at Vancouver's Deltaport container terminal at Roberts Bank has opened for business proudly displaying its new super postpanamax gantry cranes that will accommodate biggest containerships afloat, reports The Vancouver Sun. The two-year, C$400-million (US$386 million) project increases terminal capacity 50 per cent, from 1.2 million TEU to...
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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