SOUTHWEST China's Fuzhou International Container Terminal (Xingang) handled over 500,000 TEU in 2009 for the first time ever, reports Xinhua. The terminal has maintained a 30 per cent annual growth rate since it launched its first service in 2003, especially in 2009 even under the impact of the global downturn. The terminal increased to six international...
PORT of Qingdao, the second largest port for foreign trade in China, saw throughput hit 315 million tonnes in 2009, Xinhua reported. The volume was five per cent up against 2008 throughput and was three days ahead of schedule, despite being the most difficult year in the port's history, said CEO of Qingdao Port Group Chang Chuande. Source: www.sched...
December 31, 2009, marked a decade of management of the Panama Canal by Panama and a ceremony to celebrate the anniversary Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta spoke of his vision for Panama’s hopeful future. “Reflecting over the past decade, I am proud of what we have achieved,” he said. “Pr...
Dubai-based DP World has this week issued a number of announcements concerning its plans in the UK, coinciding with a visit by Prime Minister Gordon Brown and Business Secretary Lord Mandelson to its London site, hosted by DP World chairman Sultan Ahmed Bin Sulayem and DP World ceo Mohammed Sharaf. The moves can be seen as a concerted effort by DP World t...
Asian integrated support and marine services provider in the offshore oil & gas (O&G) sector, Ezra Holdings Limited, has expanded the capacity of its Energy Services unit with various acquisitions of ‘distressed’ priced state-of-the-art energy service equipment worth a total of US$17.1 million. These versatile and advanced models are d...
Dubai-based ship owner United Arab Chemical Carriers, United Arab Chemical Carriers, the petrochemicals arm of UASC, has signed a contract to install Hamworthy Moss nitrogen generator technology on board ten ships under construction in South Korea. The ten 45,000dwt IMO type 2 product and chemical carriers will be delivered by SLS Shipbuilding between Janua...
Taiwan announced plans on Monday for a T$10 billion ($320 million) upgrade of the road system around its largest seaport as the facility slips in global rankings. Taiwan's cabinet said in a statement it would build two new roads and improve existing land links to bypass urban congestion between the world No.12 ranked Port of Kaohsiung and the island's tw...
Cargo throughput of the Belgian port of Antwerp, according to the port authorities’ preliminary data, in 2009 shows a sharp year-over-year decline at 20% - to 158 million tons. Container turnover at the port decreased by 14.1% - to 87 million tons. The port activity hit by global crisis has led to record fall in the transshipment of conventional gener...
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