Port News

Throughput of port Kavkaz up 10.6% to 4,235,86 mln t in Jan-July 09Aug 11, 2009

In January-July 2009, port Kavkaz handled 4,235,86 million tonnes of cargo (+10.6%, year-on-year), PortNews IAA learnt from the port Administration. In July 2009, port Kavkaz handled 715,840,000 tonnes (-15.2%, year-on-year). The number of vessels, handled in the port during Jan-July, increased to 1,331. Port Kavkaz is situated at the border of the Blac...

Oil price down to $73.50 in London and to $70.60 in New YorkAug 11, 2009

In London, the Brent Crude contract down $0.09 on July 30 to $73.50 per barrel on the ICE Futures exchange. Light Sweet Crude down $0.33 to $70.60 on the New York Mercantile Exchange, RBC reports. (Source: Port News)

Operational boost for London ThamesportAug 11, 2009

The operational capability of London Thamesport is set to increase still further with the confirmation that an order has been placed for the port’s eighth ship-to-shore gantry crane. The ultra post-panamax unit is being built by Zhenhua Port Machinery Company (ZPMC) in Shanghai, and will be delivered in April 2010. With an outreach of 62.5 metres, the...

India's cargo volumes at ports grow 2.13% in fiscal 2009Aug 11, 2009

Cargo volumes at India’s dozen Union government-owned ports grew only marginally by 2.13% in fiscal 2009 compared with 12% growth in the previous year, as world trade declined in the face of a global recession. In the 12 months ended March, these 12 ports handled 530.35 million tonnes (mt) of cargo such as crude oil, petroleum products, iron ore, coal...

Rizhao port restructures to rely less on iron ore importsAug 11, 2009

One of China's leading ports will restructure its operations to become less reliant on iron ore imports that have slumped in recent months. Rizhao Port Group, which operates the country's leading iron ore port, has been hit hard by the protracted wrangling between China and the world's major iron producers over the price of the raw material. These ev...

Throughput of port Temryuk down 0.16% to 1.383 mln t in Jan-July 09Aug 11, 2009

In January-July 2009, port Temryuk handled 1.383 million tonnes of cargo (-0.16% year-on-year), PortNews IAA learnt from the port Administration. In the reported period, transshipment of export cargo increased by 11.6%, year-on-year, to 1,308,05 mln tonnes, while import fell by 65% to 75,320,000 tonnes. The number of vessels handled in the reported period w...

Mundra Port wins order to develop coal terminalAug 11, 2009

Mundra Port and Special Economic Zone said on Monday it has won a contract to develop a coal handling terminal at the port of Mormugao in Goa on a design, build, finance, operate transfer basis. The contract involves developing and operating a berth at the port to handle about 6.5 million tonnes of cargo with a revenue share of 20 percent, it said in a pr...

Agility launch consolidating freight hub in DubaiAug 10, 2009

Agility, a global provider of integrated logistics solutions, has announced the launch of its new Container Freight Station (CFS) – a major new consolidation and redistribution service – from its hub in Dubai. This new service will be offered to all shippers and consignees who have shipment of less than a container load (LCL). The launch of th...

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