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As per the statistics provided by the company’s press-service, cargo turnover of Commercial Seaport of Vladivostok OJSC (VMTP) amounted to 4 million 565.6 thousand in January-September, 2009, which almost corresponds to the figures of the same period in 2008. Within 9-month period of the current year 3,201.8 thousand tons of export cargo were hand...
Traffic through the Suez Canal continues to decrease. In August, container traffic declined 15.7 per cent, reports the Arabic news site Bikya Masr. Container traffic is commercially very important for the Suez Canal Authority. The decline in container tonnage began last November due to the global financial crisis and reached its lowest point in February wit...
In 2008, Rotterdam was Austria’s most important seaport for the tenth consecutive time, with a throughput of 4.8 million tonnes. This was 6% less than the previous year and represented a market share of almost 27% (*) This was revealed in the "Seehafenbilanz" for 2008, which the Austrian trade magazine for the logistics sector "Verkehr" draws up every...
CHINA's vice president Xi Jinping recently paid a visit to the port of Antwerp, where he was welcomed by Prince Filip, Flemish Minister-President Kris Peeters, governor Cathy Berx of the Province of Antwerp and port alderman Marc Van Peel. Mr Xi was taken on a boat tour of the docks, said a Port of Antwerp statement. The trip to Antwerp was the conclusio...
AUSTRALIA's Babcock & Brown Infrastructure (BBI), owner of north east England's PD Ports, is to sell its much-promoted port operation for one Australian dollar (US$0.90) to Toronto institutional investment firm Brookfield Asset Management. After troubled BBI rejected a refinancing deal from the Royal Bank of Scotland, it accepted a proposal from the...
THE Busan Port Authority (BPA) is offering container shipping lines that regularly call at the South Korean port one-year's delay in charging fees for port entry, berthing and anchorage fees starting November 1. "As a result of an extended period of economic crisis, unsustainably low freight rates, decreased cargo volumes and cash flow problems, the BPA ...
Andrés Rengifo, the director of Chile's Port Company Systems, has said that the country’s public ports will all post negative figures in 2009. He points out that when the economy grows by 4%, ports grow by 8% and the same is true when the economy shrinks as it is doing at the moment. During the first six months of the year, ports reported ...
Manta Port Authority is to transfer the shares held in Tide by HPH to another private company, now that HPH has pulled out of the deal. It is estimated that a new investor will have to find $520m to expand and modernise the port. HPH, for its part, will allow the new operator to make use of its already installed terminal operating system until 30 June 2...
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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