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Italian port unions have called for a 24 hour nationwide strike on Dec. 18 in a dispute over planned reforms of waterfront labor laws. The unions are protesting the government's plan to remove the job guarantees given to dockworkers to win their acceptance of a port reform program in the mid-1990s which lessened union control over the supply of labor. Un...
Hanjin chairwoman Choi Eun-Young, whose company is a major operator on Asia-US routes, said she anticipates the downturn in the industry will end late next year, reported Reuters. The Korean carrier, Hanjin Shipping, expects to see its own losses narrow next year, she said, without elaborating. Ms Choi was speaking at a news conference to mark the launch o...
A LEADING port operator of container, bulk and car terminals located chiefly in the northeast of England, PD Ports, has confirmed that it is under new ownership, following the sale of 100 per cent of its equity to Canada's Brookfield Asset Management. The sale was part of a broader transaction with Australia's Babcock & Brown Infrastructure (BBI) in...
PORT of Los Angeles executive director Geraldine Knatz has hit back at the American Trucking Associations (ATA) for its failure to grasp the port's Clean Truck Programme (CTP) as well as warning the even higher standards are yet to come. "Even today's cleanest trucks will not pass 2020 environmental standards, when mandatory caps will push greenhouse ga...
THE Central Government in Beijing is reported to have held talks with North Korea about a proposal for landlocked Jilin province in northeastern China to use its neighbour's ports to ship cargo for a new economic development zone in the province, according to comments made by provincial governor Han Changfu. A Reuters' report said the move would help re...
Jiangsu Lianyungang Port Co. has agreed a deal to acquire controlling interests in two port and terminal businesses from its own parent company, Lianyungang Port Group, according to reports. Reuters says that Jiangsu Lianyungang Port Co. has signed a document of intent for the transfer of equity shares with its controlling shareholder for stakes in a Lian...
Dubai World has released a statement confirming that its current review of the debt obligations of certain entities within the Group will not directly affect its port-related businesses. The proposed restructuring process will only relate to Dubai World and certain of its subsidiaries including Nakheel World and Limitless World, and not Infinity World Hol...
The European Investment Bank has approved financing of up to £300 million (approximately US$500 million) for a port development project at London Gateway in the UK. The London Gateway site is situated on the northern bank of the River Thames, some 25 miles east of central London, and the project aims to improve the intermodal efficiency of the UK na...
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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