In London, the Brent Crude contract was down $0.05 on September 29 to $65.49 per barrel on the ICE Futures exchange. Light Sweet Crude fell $0.13 to $66.71 on the New York Mercantile Exchange, RBC reports. (Source: Port News)
Jan De Nul n.v. won the contract to dredge the Panama Canal’s Atlantic entrance as part of the canal’s expansion program. “We are pleased with the competition for this contract for which several premier dredging firms from around the world (Europe, United States and Asia) submitted proposals,” said Jorge L. Quijano, executive vice p...
It is reported that China's coastal Zhejiang province is to build a CNY 2.5 billion coal terminal in Zhoushan Port in Ningbo city. As per report, the coal terminal, designed with a total handling capacity of 18.4 million tonnes per year will be the largest of this kind in the province. The terminal will include a 200,000-DWT loading wharf, one 50,000 DWT l...
SINGAPORE-based Neptune Orient Lines' container shipping arm, APL, plans to terminate its peak season transpacific PS-5 service with the last eastbound sailing of APL Amazonite from Shanghai on November 9. The peak season service, the only one launched this year on the Pacific, started in August and deployed five 3,800-4,700 TEU ships, reported Paris-bas...
EASTERN China's port of Nanjing recorded 10.8 per cent's year on year decrease in its container throughput to 730,000 TEU in August, despite a 2.7 per cent's increase in its throughput tonnage over July. From January to August, the port's throughput came to 77.98 million tonnes, up 1.1 per cent year on year. Nanjing is an important port on the Yangtze...
On the 24th of September 2009 at about 7 o`clock in the morning the cruise liner BRAEMAR which came to Klaipeda port (Lithuania) for the first time, closed Klaipeda port cruise season. BRAEMAR (built in June 1993 in Valencia, Spain) is195,01 m of length, 22,52 m beam, 5,41 m draft and is able to take 970 tourists. The agent of a ship flying Bahamas flag was...
The Board of Directors of the United Shipbuilding Corporation (OSK) has approved the concept for shipbuilding development in the Far East, Governor of Khabarovsk Territory Vyacheslav Shport said at the meeting of OSK BoD held in Moscow under chairmanship of Igor Sechin, Deputy PM of the Russian Federation. According to the Territory administration, the pa...
Novorossiysk Commercial Sea Port (LSE: NCSP, RTS and MICEX: NMTP) announces interim condensed consolidated financial results (unaudited) for the six months ended 30 June 2009 in accordance with International Financial Reporting Standards (IFRS). NCSP Group revenues increased by USD 19.5 million and reached USD 334.2 million in the first half of 2009. Th...
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