Freight volumes transported by rail to and from the Port of Gothenburg have continued to increase and in September a new all-time high was noted. Other categories report lower yet slightly stabilised volumes compared with the previous year. There is an increasing trend towards transport of freight by rail to and from the Port of Gothenburg, which also off...
The first feeder service that connects Yantian International Container Terminals (YICT) and Zhuhai International Container Terminals (Jiuzhou), (ZICT(J)) was officially launched yesterday. The new service, an additional express feeder service for this region, links up the largest export gateway in South China and the busiest river port on the west bank of t...
PD Ports has received Environmental Impact Assessment (EIA) consent from the Marine and Fisheries Agency (MFA) in relation to the QEII berth redevelopment at Teesport. This formal consent together with its associated licences enables PD Ports to proceed with the construction of the new 260 metre long berth, which is an integral part of MGT Power’s...
Transhipment of Byelorussian fertilizers will be resumed in the Kaliningrad Commercial Seaport in nearest future. Port’s Administration managed to agree on the matter with Byelorussian representatives, stated Rossiiskaya gazeta today. There is information that the port will be able to handle about 200,000 tons of Byelorussian potassium fertilizers a...
GLOBAL marine terminal operator DP World has taken delivery of 15 new cranes at its Jeddah facility, located within the South Container Terminal (SCT) at the Jeddah Islamic Port. The latest crane additions come after DP World Jeddah took delivery of three new cranes last month. The cranes are intended to increase productivity and operating efficiency at t...
ZHUHAI International Container Terminals (Gaolan) has recently held an event to promote its two 50,000-tonne container berths that attracted 80 representatives from 50 leading local manufacturers, government officials and feeder companies based in Foshan, Guangdong province. The event, part of a series of marketing activities designed to promote the termi...
HORIZON Lines has seen its third-quarter profit drop by 24 per cent compared to the same period a year ago to US$8.4 million, down from $11.1 million, on the back of a 5.7 per cent fall in cargo volume. The carrier's third quarter revenue decreased by 13 per cent year-on-year to $308 million as revenue per container, net of fuel, was flat. More than ha...
REFINANCING through a euro bond sale is Denmark's AP Moller-Maersk's latest device to raise money to pay debt and fund acquisitions. "Corporate bonds are increasingly being used as an additional funding source for large European corporates, and in the light of that development it is only natural that we look at the funding opportunities in the European ...
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