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Russian Prime Minister Vladimir Putin said Sunday after talks with his Finnish counterpart Matti Vanhanen that he hopes the Nord Stream gas pipeline will be built on schedule. "I hope Nord Stream will be completed in line with earlier designated timeframes," Putin told journalists. The Nord Stream pipeline, which will pump gas from Siberia to Europe u...
Horizon Lines earned a profit of $8.4 million in its fiscal third quarter ended Sept. 20, down 24.3 percent from $11.1 million in the same period last year. The Jones Act carrier had $308 million in revenue during the quarter, a drop of 12.6 percent from $352.6 million a year ago. The Charlotte, N.C.-based company said adjusted third-quarter 2009 net in...
The Port of Ningbo handled 1.05 million TEU in September, increasing volume 9.4 per cent year on year - and surpassing the million TEU mark for the first time. Authorities at the Zhejiang port are confident that full year volumes will crack 10 million. Ningbo has been China’s fastest growing port this decade. Source: http://www.seatradeasia-onl...
Cargo turnover of Long-Beach port (the USA) decreased by 18.3% (119 million 731 thousand tons) in January-September, 2009 as compared to the corresponding period 2008. As per the port administration data, in September, 2009 cargo transhipment volumes reduced by 16.5% (down to 13.45 million tons) against 2008 September figures. Box turnover of the port fel...
In keeping with the tradition of APM Terminals, its parent company, Port Pipavav observed Global Safety Day recently. Several training and education events were conducted at the port for staff and contract labourers from October 13 to 15, Exim News Service reports. Safety Day was observed across all APM Terminals locations simultaneously, in 48 terminals i...
The Union government of India has set up a committee to look into the financing plans for port projects in the current Five-Year Plan, Exim News Service informs. The committee will be headed by the Planning Commission member, Mr B. K. Chaturvedi. The committee will suggest capacity addition targets for the current Plan, along with financing models for th...
A contract on construction of third range of ‘Armada’ tankers, design RST22M was signed between Palmali group of companies and Besiktas Gemi Insaa Anonim Sirketi shipyard (Turkey) on October20. As per tankers designer - Как сообщает проектант танкеров – Marine Engineering Bureau – vessels of a new range is a logical consequence of de...
U.S. Transportation Secretary Ray LaHood looks for a newly approved $341 million loan to help take cargo trucks and cruise ship buses out of congested downtown Miami streets and put them into a long-planned tunnel to the Port of Miami. "This tunnel will create a vital transportation link that will improve safety and reduce traffic congestion in the Miami ...
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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