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In London, the Brent Crude contract was up $0.23 on October 9, 2009 to $70.00 per barrel on the ICE Futures exchange. Light Sweet Crude fell by $0.08 to $71.77 on the New York Mercantile Exchange, RBC reports. (Source: Port News)
A DOCK strike at Piraeus, the biggest port in Greece, targeting China's Cosco terminal operations, has led the governing Panhellenic Socialist Movement party (Pasok) to reassess of the 35-year concession. The strike, the latest in a series of 24-hour strikes by port workers in two years is affecting the port's profitability and credibility said the Pira...
THE breakdown of 22 yard shunters and 13 reach stackers at the Port of Kolkata (Calcutta) has led to a backlog of 5,700 import containers and the closure of the port to containerships until October 17. Containerships will discharge cargo at the nearby Haldia port in the meantime. Local shippers are hard hit as "export cargo is being held back to clear the...
Container throughput volume at the Ports of Auckland during the July-September quarter has increased by seven per cent compared to the previous quarter to 208,812 TEU. Managing director Jens Madsen said that while some of the increase could be attributed to normal seasonal fluctuations, the overall trend was heartening. "We are seeing a gradual increase...
Tianjin has become one of the top five ports in the world in terms of cargo throughput with sea routes reaching 500 ports in 180 countries all over the world, Xinhua reported. Seventy percent of the cargo throughput and half of the exports and imports cargo volume come from other provinces. Tianjin Port has set up 12 dry ports in Beijing, Shijianzhuang a...
Seaport of Saint-Petersburg cargo turnover amounted to 8.5 million tons within 9 months of 2009 which corresponds to the figures of same period previous year, informed Management on foreign and local communications of Seaport of Saint-Petersburg OJSC. As per the information, cargo turnover negative dynamics was eliminated due to export cargo volumes incre...
YANTAI Rising Dragon International Container Terminals Ltd (YRDICTL), a subsidiary of International Container Terminal Services Inc (ICTSI), has appointed Shiti Pang as its new deputy general manager and Jianjun Li as its new technical and security director. Before this, Mr Shiti was operations director of YRDICTL which is located in Shandong province. He...
THE US Coast Guard has called on port captains to review post 9/11 security regulations to ensure that seafarers get shore leave, often prevented by financial constraints demanding they be escorted ashore. The Seaman's Church Institute found that it has been "difficult or impossible" for seafarers to obtain shore leave after the 2001 terrorist attacks be...
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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