Media
Media
The UK's second-busiest ferry port will this week announce plans for a large-scale renovation of its facilities, a sign of continuing good health in parts of the sector in spite of the economic slowdown. Portsmouth Commercial Port hopes a new terminal will improve its chances of attracting a fifth ferry operator to its facility, which serves the Channel I...
China Merchant Holdings will sign a build, operate and transfer deal for the first terminal of the new Colombo South Harbour on December 7, local sources say. Under the BOT agreement the 2.4 million TEUs per year capacity terminal will revert to Sri Lanka ownership after 35 years. The entire Colombo harbour comprising several terminals and quays handled on...
It is reported that Brazilian ore miner Vale prepares to set up its own iron ore distribution centre in China. Shortly before, it has signed a cooperation pact with Dalian port to distribute 5 million tonnes to 10 million tonnes of iron ores annually until the end of 2020. As per report, the move is to bring down the expensive freight cost due to its geogra...
Novorossiysk Commercial Sea Port (Russia) announces interim condensed consolidated financial results (unaudited) for the nine months ended 30 September 2009 in accordance with International Financial Reporting Standards (IFRS). Commenting on the financial results for the nine months of 2009, NCSP Chairman Alexander Ponomarenko said: «We continue to d...
Transnet has acquired a ZAR2.2 billion (US$293.3 million) loan from the Agence Francaise de Developpement Group (French Development Bank) (AFD) to partly finance Transnet's ZAR4.6 billion programme to expand the Cape Town Container Terminal. The loan will be rolled out over 15 years, with a three-year capital grace period, reported the Shipping Gazette c...
Despite Dubai government assurances that healthy Dubai Ports World is safe from the consequences of its sickly debt-ridden parent, Dubai World, fears continue to mount that the profitable terminal operator will not escape the financial crisis that has shaken the global financial community, The Shipping Gazette informs. Moody's Investor Service has now do...
The Union Minister of Shipping, Mr G.K. Vasan, recently inaugurated a roll-on roll-off (ro-ro) jetty for handling project cargoes at the Port here, according to Exim News Service. Project cargo throughput is steadily rising at the Port. He also laid the foundation stone for the construction of an oil berth and opened a jetty that will be used by the Coast...
Commission President Barroso just finished the job of matching names with portfolios. The result of the reshuffle is that Commissioner Tajani is leaving his Transport seat to the Estonian Commissioner and Vice President of the Commission Sim Kallas. Up to now Kallas was Commissioner for Administrative Affairs, Audit and Anti-Fraud. Kallas is a liberal and f...
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
qq.com