At the beginning of December 2009, Corus announced its intentions to mothball some of its Teesside Cast Products (TCP) operations with effect from the end of January 2010. Since that date PD Ports has subsequently met with senior Corus representatives and this remains the understanding of the situation. The restructuring activity that PD Ports has e...
APM Terminals Limited, the operator of Container Terminal at the Lagos Port Complex, Apapa, has constructed new rail line at the cost of N87.8 million to replace the existing one. The new rail line, which was designed by Scott Wilson – one of the biggest and leading engineering consulting firms in the world and was constructed by China Civil Engineeri...
THE ports of Philadelphia and Delaware have formed an alliance with a group planning to build a large container port at Sydney, Nova Scotia, called Sydport which will target Asia-Suez traffic. The project's main obstacle remains the shallow entrance to Sydney harbour, reports The Canadian Press. A proposed C$35-million (US$34.07 million) dredging has yet...
INDIA's biggest engineering company, Larsen and Toubro Ltd (L&T), and the largest steel maker, Tata Steel Ltd, has unveiled plans to establish a container terminal at Dhamra Port in Orissa in a bid to meet growing demand in eastern India for container freight services. A report by Live Mint Wall Street Journal noted that L&T and Tata Steel are th...
DESPITE the global downturn Singapore's maritime cluster with its system of public-private ownership, is well poised to "seize opportunities that present themselves" in the coming year, says to Transport Minister Raymond Lim. Speaking also as foreign affairs minister, Mr Lim said 2009 as a "challenging year" which saw the port's container traffic declin...
ORIENT Overseas Container Line (OOCL), a wholly-owned subsidiary of Hong Kong-headquartered Orient Overseas (International) Ltd, has christened its latest newbuildings, the 8,063-TEU OOCL Washington and the 4,578-TEU OOCL Le Havre, at the Samsung Heavy Industries shipyard on Geoje island, South Korea. CC Tung, chairman and chief executive officer of OOIL,...
THE northern province of Hebei is expected to see the throughput of its ports surpass 500 million tonnes and their aggregate capacity reach 470 million tonnes for the year of 2009, Xinhua reports. According to Hebei Transportation Department vice director Yang Guohua, the province spent CNY7.77 billion (US$1.14 billion) in port construction in 2009, bring...
AMSTERDAM's container traffic declined 53 per cent to 200,000 TEU in 2009 from 425,000 TEU in 2008, a fall blamed mostly on a Grand Alliance decision to stop calls at the port because of falling demand and the introduction of bigger vessels that could no longer reach the harbour through its shallow locks. But an increase in oil traffic offset much of los...
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