Port News

National high speed rail advances in the USAAug 10, 2009

The US High Speed Rail Association (US HSR) was recently established to promote a state-of-the-art national high speed rail system throughout the country. Following President Obama’s recent announcement of a new era of high speed rail in America, US HSR was formed to help advance this visionary initiative. President Obama’s initiative lays the f...

Shenzhen's SCT reports e-RTGs provide 70pc cost savings Aug 10, 2009

SHENZHEN's Shekou Container Terminal marked the introduction of electric-diesel hybrid RTGs with a celebratory conference and demonstration last Thursday, drawing representatives from government and even rival terminals. The new RTG conversion saves money, SCT says, because it is able to reap savings of the more cheaply powered electric straddle carriers...

Smarter Container tracks fireworks boxes from China-US Aug 10, 2009

QUALITY Logistics Smarter Containers loaded with fireworks are currently being tracked and monitored in real time as they travel from Hunan, China to Silsbee, Texas, a journey involving ocean, truck and rail freight transportation modes. The continuous tracking and monitoring of the containers and their cargo throughout their delivery to Texas Fireworks i...

Port of Vancouver, Washington, celebrates Terminal 5 opening Aug 10, 2009

A SOUTH WEST Washington congressional delegation celebrated the opening of Terminal 5, formerly Vancouver's Alcoa Aluminum smelter, which will form a loop track by summer 2010 for the West Vancouver Freight Access rail project. The loop track is just one component of the bigger West Vancouver Freight Access project that will bring 1,900 construction, eng...

China's east coast battered by typhoon Morakot Aug 10, 2009

Typhoon Morakot battered China's commercial east coast on Sunday, killing a child and flattening houses. Half a million people in coastal Fujian province were moved to safer parts ahead of the typhoon's arrival, along with a similar number in neighbouring Zhejiang, Xinhua reported. Up the coast, Shanghai was on "high alert" and dozens of cargo ships in...

Standard & Poor’s affirmed BB+ rating for NCSP with stable outlookAug 10, 2009

Novorossiysk Commercial Sea Port announces today that it’s BB+ credit rating has been affirmed by Standard & Poor’s rating agency with stable outlook. Commenting on the rating action, NCSP Chairman Alexander Ponomarenko said: «The affirmation of this high-level credit rating by one of the world’s leading rating agencies reflects...

India's cargo volumes at ports grow 2.13% in fiscal 2009Aug 10, 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...

Kuwait-led consortium in line for USD700 mln Aqaba port contract Aug 7, 2009

The Kuwaiti-led Aqaba Gateway Group (AGG) is the preferred bidder for the contract to build a USD700m port at Jordan's maritime hub on its Red Sea coast. The Aqaba Development Corporation selected the consortium, led by Kuwait's KGL Investment, after analysing the group's technical and financial bids, which the AGG Consortium submitted in early July. Th...

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Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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