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Media
China Shenhua Energy Co., Ltd. today announces that its expansion of the Huanghua Port has been approved by the National Development and Reform Commission (NDRC), China's macro-economy regulator. Upon the construction scheme, a 50,000-ton coal shipment berth, a 310-meter dock, as well as related onshore and offshore facilities will be created in the Huangh...
Kolkata Dock System (KDS) handled a record 34,287 TEUs of container traffic in July 2009, according to The Economic Times. This is the largest number of container shipments handled in a single month at the Kolkata docks, eclipsing the previous high of 33,219 TEUs in June 2009. Significantly, during April-July, 2009, KDS handled an all-time high containe...
International Container Terminal Services, Inc. (ICTSI) has reported consolidated unaudited financial results for the quarter ending 30 June 2009 posting second quarter revenue from port operations of US$96 million, a decrease of 18 percent over US$117.1 million reported last year; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of U...
Buenos Aires Container Terminal Services, S.A. (BACTSSA) has awarded Cargotec Argentina a contract to increase the lifting capacity of two Kalmar rubber tyred gantry cranes (RTG’s) from 1 over 4 to 1 over 5 containers high. After ten years of operating the Kalmar equipment, BACTSSA was looking to extend the performance of their existing RTGs to hand...
The Port of Rotterdam Authority has commenced work on expanding the infrastructure of Broekman DistriPort at the Brittanniëhaven in the Botlek area. This will double the terminal’s capacity, in phases, to around 3 million tonnes of steel, iron, metals and project cargo a year. This will involve an investment of approximately €13 million by t...
Mikolaj Budzanowski, the recently appointed deputy minister of treasury, has announced that the construction of an LNG terminal in Swinoujscie will cost EUR 600mn - EUR 700mn (USD 1.01bn), which will be EUR 100mn more than it had been originally.estimated. This is because the capacity of the terminal in the first stage of the project will be doubled from th...
The Port of Tacoma received nearly $1.5 million from the U.S. Environmental Protection Agency to reduce air pollution by adding electrical plug-ins at the Totem Ocean Trailer Express, Inc. (TOTE) terminal. TOTE has spent almost $900,000 to retrofit two ships to accommodate shore power connections, which allow ships to turn off their engines at the termina...
Neptune Orient Lines, parent of liner company APL, lost $146 million in the second quarter ending June 30, most of it on steep declines in volume and pricing that left container shipping revenue down 39 percent compared to the same period last year, the company announced. Container volume fell 19 percent in the second quarter compared to the same period a...
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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