The role of Guangdong and Hong Kong as the world's manufacturing and export powerhouses may be on the wane as the mainland's inland cities grow into new manufacturing hubs, according to industry insiders. Weak shipping data for Hong Kong and Shenzhen in the first quarter of this year already shows a decline as the world's leading ports,l the South Chin...
Orders for 18,000teu megaships and the recovery of the world’s economy have persuaded the port of Hamburg to push ahead with restructuring projects, IFW reports. At the Coastlink 2011 conference in Hamburg yesterday, Wolfgang Hurtienne, MD of Hamburg Port Authority, told delegates the port had a number of restructuring projects about to be complete...
Shanghai International Port (Group) Co. said Wednesday that its 2010 net profit rose 44% from a year ago tracking an increase in demand for sea freight amid global economic recovery, The Wall Street Journal reports. Net profit for the year ended Dec. 31 rose to CNY5.42 billion from CNY3.76 billion, China's largest port operator by throughput said in a s...
The port of Genoa, Italy's biggest in terms of overall goods volumes, aims to boost its share of the Italian and other European markets by attracting business from north European rivals, its head said on Tuesday, Reuters reports. The port plans to draw more clients based on its strong ties to North Africa's Mediterranean ports and by offering a shortcut...
As of today, April 20th (8:00am - MT), there are only 5 vessels, which requested icebreaker assistance in the eastern part of the Gulf of Finland, the Port Authority of Big Port St. Petersburg reports. The PA reports of total 35 merchant ships currently located in the water area, 25 of them - in motion. Over the past day 23 ships have reached the entran...
Manila ports will temporarily suspend operations during the once-a-year Lenten Season, or Holy Week. The temporary suspension will start at 0700hrs on 22 April and resume at 0700hrs on 23 April. The temporary suspension of transactions in the billing and documentation sections will also be effected during the same timeframe. The affected operations inclu...
Hong Kong port has posted slightly higher container throughput volumes in March, according to data from the local port authority. Container traffic rose by 3.1% to 1.97m teu in March compared to 1.5m teu in February. Last month's volume was also up from 1.91m teu recorded in the same period last year. Kwai Tsing container terminals accounted for 1.42m t...
Japanese ports are starting to see the number of ship calls inching up following the country's earthquake and lingering nuclear crisis, Japan's transport ministry said. An average of 15 ships a day are docking at 14 major ports in Japan's northeast as operations gradually resumed since the 11 March earthquake and tsunami, the ministry said on its website...
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