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China Shipping Container Lines Co has said it will raise rates Asia-US rates on the containers by $300 per feu on Jan. 1. This is in addition to the $400 per feu hike that it and other Members of the Transpacific Stabilization Agreement agreed on December 22 to introduce as a voluntary ‘emergency revenue charge’ from January 15 until new contrac...
Container throughput at Shanghai port this year may drop 14% from 2008, Wang Hongquan, vice director of Shanghai Transport and Port Authority, said yesterday, reports China Daily. The city's container throughput in 2009 will be about 24m teu, according to a preliminary estimate by the port authority, lower than last year's 28m teu. Shanghai was the ...
The state-run Administration of Sea Port of Kaliningrad announced its "Regulation for interaction of ship traffic management and control of the navigation situation of ASP Kaliningrad with services of ships traffic and pilots of "Rosmorport” in the port waters” come into effect from 1 January 2010, the port press release reads. In connection w...
Throughput of the largest European port of Rotterdam in 2009, according to preliminary year-end figures, has dropped 8,5% compared with last year - to 385 million tones, the port authorities said. Import cargoes turnover declined by 13% - to 272 million tones, while export cargoes increased by 5% - up to 113 million tons. The volume of transshipment of ...
LEADING bidders to establish a C$200 million (US$191.7 million) container terminal in Sydney, Nova Scotia, have lost a major financial backer after Galaxy SARL, a French private equity fund, withdrew after taking a hit in the recession. In May, the French venture capitalists announced they would join with the Sydney Marine Group to develop a world class s...
THE International Container Transshipment Terminal (ICTT) at Vallarpadam that is under development at Cochin Port in the Indian state of Kerala is expected to be commissioned by March. The announcement seeks to calm fears that the crisis at the Dubai World Company would hinder the progress of ICTT, which is being developed with the help of DP World, a uni...
CONTAINER throughput of major ports in China increased 4.2 per cent year on year in November, slightly up over October and only a small decrease compared to peak season months of August and September, Logistics Week reported. The report said there were signs of recovery in Shanghai and Shenzhen with container throughput decreases shrinking. Throughput o...
Nakhodka Commercial Seaport (NCSP is part of Evraz Group) gains its capacity buying state-of-the-art equipment. Now with three new grabs of Russia made, having advanced technical features, the company press office quotes Vladimir Vladimirov chief engineer of the NCSP as saying. The acquired equipment will ensure efficiency and high quality loading and unloa...
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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