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EUROPEAN terminal operator Eurogate has suffered a 10.1 per cent decrease in first half container volume year on year because of the downturn. Eurogate said the total container throughput handled by the German ports of Bremerhaven and Hamburg amounted to 3.3 million TEU, down 19.5 per cent against the first half last year, reports London's International ...
HONG KONG's Integrated Distribution Services Group Limited (IDS) has registered a 4.8 per cent decline in first half net profit to US$18.5 million, compared to the same period last year. The decline comes despite Asia performing strongly with a 20 per cent increase in operating profit and registering improvement in operating profit margins for all busine...
The port of Hamburg, Germany’s largest, said the amount of goods entering and leaving fell about 24 percent to 54.2 million tons in the first six months as the global recession reduced traffic on Asian routes. “We didn’t think it would hit us as hard as it did,” Claudia Roller, the port’s marketing chief, said at a press confer...
The drop in cargo volumes in Hamburg seems to have bottomed out, however. Stabilization and recovery are expected in the second half of the year. In the first half of 2009, the Port of Hamburg handled a total of 54.2 million metric tons of seagoing cargo. This represents a drop of 23.7 percent in comparison to the same period in the previous year. Port of...
Fuzhou International Container Terminal's (FICT) half-year box terminal carried a robust year-on-year growth of nearly 25 per cent in its container throughput during the first half of year when China's overall box volume growth kept falling, Logistics Week reported. From January to June, the terminal's container volume came to 221,900 TEU, up 24.6 per ...
Saigon Premier Container Terminal (SPCT) took its first of three major deliveries from Shanghai-based crane manufacturer for two quay cranes and four rubber tyre gantries (RTG) putting it on track for annual capacity of 1.5 million TEU come October, the Shipping Gazette informs. SPCT chief executive Patrick Bol said the terminal, a joint venture between D...
Singapore's Maritime and Port Authority reported a 18.6 per cent decrease in container movement in July, having handled 2,221 million TEU compared to 2,729 million TEU in July of last year. However, container movement increased 5.9 per cent to 2,221 TEU in July from 2,097 TEU in June, the Shipping Gazette reported. (Source: Transport Weekly)
Cargo handled at the 12 Major Ports of India during April-July grew by a marginal 1.17 per cent, year-on-year, to 180.1 million tonnes, as against 178 million tonnes, according Exim News Service. The data mainly covers movements of products like iron ore, petroleum, oil and lubricants (POL), fertilisers and coal, besides container cargo. However, produc...
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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