Trai Thien Group has signed a contract to buy 16 vessels worth $470 million from Vinashin, Vietnam's largest shipbuilding conglomerate by sales, Thoi Bao Kinh Te newspaper reported Monday. The first of the vessels, which will have capacity ranging from 34,000 to 56, 000 deadweight?tons, will be delivered from early next year, the newspaper said without cit...
Prime Minister Nguyen Tan Dung has ratified the Marine Transport Development Master Plan to 2020, which aims to increase the competitiveness of the national economy for stronger expansion and integration into the regional and world markets. The plan, with an orientation to 2030 and approved in Prime Ministerial Decision 1601/QD-TTg, also aims to further mod...
The bidding rules for the concession of the Costanera-Espigón terminal at Chile's San Antonio port should be ready for purchase in first quarter 2010, according to the port's state operator EPSA, Business News Americas reported. At least six or seven port operators are expected to participate in the concession process, local paper El Mercurio rep...
Container traffic at the French port of Marseilles increased 5% during the first nine months of the year to a total 660,631 teu. The increase was partly the result of reduced throughput last year following industrial action over the government's port reform but there were signs that the port has started to benefit from a more general recovery in containe...
Global shipping leader, APL, the world’s fifth-largest container carrier, is also one of the industry’s best terminal operators. That seems to be the consensus of truckers from coast-to-coast who call daily at APL’s US facilities. Recently, for the fifth time this decade, a harbour trucking association honoured APL for terminal excellenc...
China’s Cosco Pacific will operate Pier 2 and Pier 3 of Piraeus Container Terminals in Greece from this month for the next 35 years, following an agreement with port authorities at Greece’s largest port. Said Greek Foreign Minister, Ms Dora Bakoyannis, "Cosco’s participation in the operation of Piraeus port is important for both economie...
ET reported that Dhamra Port Company Ltd is confidant of going operational by the end of April, 2010 notwithstanding a public interest litigation case filed before the Apex Court seeking a halt to work on the Port, promoted by TATA Steel and L&T, citing threat to the endangered Olive Ridley turtles. Mr Santosh Mohapatra CEO of DPCL met chief minister ...
Egypt will announce the results of existing tenders to build two more ports in the Nile river by the end of this year, according to Transport Ministry officials, Reuters has cited. The two existing tenders were for ports in the northern Mediterranean city of Alexandria and in Qena in central Egypt. Four more cargo ports are eyed in 2010 for tender. The repo...
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