Port News

Advance International helps power Bulgarian shipbuildingNov 27, 2009

Global project cargo forwarder Advance International Transport Inc has commenced a three-year contract to provide heavy lift transport management services for Japanese-built ship engines destined for a multi bulk-carrier order being undertaken at a leading Bulgarian shipyard. The Bulyard Shipbuilding Industry EAD is the largest shipbuilding enterprise in ...

Zim loss grows to $208 million in Q3Nov 27, 2009

Zim Integrated Shipping Services, suffering a steep drop in demand in its container shipping business, reported a $208 million loss in the third quarter on Thursday, more than triple the loss from last year. Revenue plunged 50 percent to $596 million from $1.2 billion a year earlier on lower container volume and weaker freight rates. The loss was deeper t...

New RoRo facility at Indian oil port begins construction Nov 27, 2009

A meeting with Shipping Minister G.K. Vasan yesterday confirmed that the Paradip Port Trust was on target to meet its commitments with regard to development and that by March 2010 the port would be capable of a throughput of 100 million tonnes, rising to 134 million tonnes when all works are completed. Bulk cargoes will include coal and iron ore as well as ...

Avantport construction in St.-Petersburg port approved by the RF Minis...Nov 27, 2009

Expert Advisory body on private-public partnership of the RF Ministry of Transport unanimously supported a project of construction of multifunctional sea transhipment complex Bronka in St.-Petersburg port strategically important for St.-Petersburg, reported press-service of Committee for transport-transit policy with reference to Nikolay Asaul, Chairman of ...

Long Beach, China Merchants sign environmental accord Nov 27, 2009

THE Port of Long Beach and terminal operator China Merchants Holdings International (CMHI) have signed an environmental agreement to foster the exchange of "green" technologies and practices on both sides of the Pacific. "This agreement recognises that we are not only partners in trade, but partners in ideas and solutions that safeguard our environment an...

Federal Malaysia urged to dredge Penang's north channel Nov 27, 2009

PENANG provincial premier Lim Guan Eng has urged Malaysian federal authorities to re-ignite the MYR353 million (US$104.7 million) project to dredge the North Channel at Penang Port to facilitate containerships. "If the deepening is not done in compliance with environmental requirements, it will harm plans to turn Penang into a green state," said Chief Min...

Shangdong volume up 11pc, but boxes down 2.7pc in first 10 months Nov 27, 2009

PORTS in eastern China's Shandong province posted an 11.4 per cent increase in cargo movement to 612 million tonnes in the first 10 months, marking a faster pace of growth, reports Xinhua. The provincial port volume growth in the first eight and nine months stood at 9.2 per cent and 10.5 per cent respectively, especially its foreign trade throughput incr...

Fujian ports container volume falls 6.6 pc in first 10 months Nov 27, 2009

PORTS in Southeast China's Fujian province posted a 6.6 per cent decline in container volume to 5.8 million TEU in the first 10 months, reports Xinhua. Provincial ports moved 256 million tonnes of cargo in the same period, up 14.2 per cent year on year. Fuzhou port handled one million TEU, a 1.3 per cent increase and moved 70 million tonnes of other carg...

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