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Media
Hapag-Lloyd has agreed to sell its 25.1% stake in Hamburg’s Container-Terminal Altenwerder for €315m ($446.3m) as part of a €330m rescue package agreed with key shareholders last night. The struggling German container line hopes to buy back its CTA holding, which it has owned since the facility was opened in 2002, once economic conditions ...
Bunker demand in Rotterdam is down some 10% year-on-year, according to reports. The energy reporting service Platts quoted sources as saying that demand for marine fuel in other European ports had fallen even more sharply. According to the news service, the Port of Rotterdam has confirmed that ship traffic through the port dropped by some 8% in the first ...
Trial operations have commenced at a new - and 15th berth - at Shenzhen's Yantian International Container Terminal's Expansion Project. According to the Shipping Gazette, the new facility covers 38.87 hectares and has a 419.2 metre quay with a depth alongside and approach channel of 16 metres, said a YICT statement.The new berth accommodates 12,000-TEU ...
PORT of Shenzhen lifted 1.41 million TEU in June, a year-on-year decrease of 19.8 per cent, 3.4 per cent wider than the decrease recorded in May, Logistics Week reported. Throughput tonnage fell 8.6 per cent year on year and 2.1 per cent over May to 15.8 million tonnes. During the first half of this year, Shenzhen lifted a total of 8.1 million TEU,...
A CONTINUOUS decline in China's foreign trade, has brought container throughput of the country's ports down 10.9 per cent to 52.4 million TEU in the first half of year, Logistics Week reports. Tonnage increased slightly by 0.5 per cent to 2.6 billion tonnes. Foreign trade cargo dropped 1.3 per cent to 950 million tonnes year on year. (Source: www...
PORTS in eastern China's Zhejiang province posted a 20.6 per cent in cargo volume increase to 93.1 million tonnes in June, reports Xinhua. The provincial coastal ports handled 63.1 million tonnes of cargo with a 19 per cent hike over a year ago, while its inland river ports moved 30 million tonnes, rising 24 per cent. Both ports handled 22.3 million t...
EASTERN China's port of Yantai handled 60.2 million tonnes of cargo from January to June, up six per cent year on year. The growth is expected to be 10 per cent faster than the national growth, said Logistics Week. The port's monthly throughput surpassed the level of 10 million tonnes for the three consecutive months from April to June. (Sour...
The American Apparel & Footwear Association has lauded U.S. Congress members for renewing for three years the Burmese Freedom and Democracy Act of 2003, which bans imports from Burma. Both chambers approved the renewal last week and the legislation will be sent to President Barack Obama for his signature. “The U.S. appa...
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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