Media
Media
Reliance Industries’ plan to build a Rs 5,000-6 ,000-crore port project at Rewas, in Maharashtra, and a liquefied natural gas (LNG) import facility have been currently put on hold, said Niraj Ambani, president, logistics, Reliance Industries. "The Rewas port is a part of the Maha Mumbai SEZ project that is awaiting regulatory clearances for land acqui...
A BILL has been introduced in the US Senate to re-authorise the 2006 SAFE Port Act that includes a provision to suspend the July 2012 deadline for scanning all ocean containers before they board a US-bound ships as long as certain conditions are met. Since lawmakers included the 100 per cent scanning provision in the 9/11 Implementation Act four years ago...
PORT of Yangpu, in the southern island province of Hainan posted a year-on-year 53 per cent increase in container throughput to 57,800 TEU in the first quarter. The number of containerships arriving and leaving the port increased 29 per cent to 85 sailings, said Xinhua. Growing transshipment volume and increasing trade lanes were said to be the reason...
NORTHEAST China's Yingkou port posted a 20 per cent throughput increase to 66.1 million tonnes and moved 27 per cent more containers to 1.05 million TEU in the first quarter, reports Xinhua. The port recorded 4,277 ships entering and exiting with a daily movement of 65 ships, growing 19 per cent in the first three months despite difficult ice conditions...
Dubai Maritime City Authority (DMCA), the government entity in charge of regulating and supervising all aspects of the maritime sector in Dubai, hosted the first of three UAE Bunker Standard workshops recently in support of the UAE Initiative to develop a 21st century bunker standard, Ameinfo reports. The goal of the negotiated regulation is to incorporat...
Ningbo Port recorded a 20.92 percent year-on-year rise in 2010 net profit to 2.2 billion yuan, reports 163.com, citing a company filing.Basic earnings per share increased 11.76 percent to 0.19 yuan. Sales revenue rose 22.81 percent year-on-year to six billion yuan. The company plans to distribute cash dividends of 0.3 yuan (including tax) for every 10 sha...
Trucks laden with cargo containers on Monday appeared to operate as usual on roads leading to ports in China's coastal commercial hub, Shanghai, where officials sought to defuse lingering anger among truck drivers who went on strike last week over rising costs, Reuters reports. The drivers' strike disrupted shipments at China's busiest port and brought...
Shanghai is bracing itself for a continuation of the strikes that paralyzed much activity at the world’s largest port last week. Truck drivers who went on a three-day strike last week over high fuel costs and high port charges are mulling returning to strike as they feel concessions made by authorities are too small. Up to 2,000 truck drivers block...
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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