Singapore port terminals handled 17 percent fewer containers in June from a year ago but traffic was steady from May, data from the Maritime and Port Authority of Singapore showed. The numbers show trade at the world's busiest container port has stabilised, and come as the Singapore government said the export-dependent economy leapt out of recession in t...
Reuters quoted Mr Eddy Bruyninckx CEO of Antwerp Port as saying that it will see a recovery in cargo volumes at the beginning of 2010 at the earliest. He said that "I cannot really see any signs that the slowdown is bottoming out. I would not expect a recovery before 2010." Mr Bruyninckx said that Antwerp had a turnover of about 190 million ...
In the first half of 2009 stevedoring companies of the group “Sea Port of Saint-Petersburg” handled over 5.2 mln. of cargoes, which is by 5% less than the corresponding figures of the last year. The reduction of the cargo handling volumes of “Sea Port of Saint-Petersburg” is caused by the decrease of business activiti...
Building a third runway at Heathrow would add £30 billion to the UK economy, according to a new study published by the British Chambers of Commerce (BCC). The report, entitled Economic Impacts of Hub Airports, forecasts that building a third runway at the airport would deliver between £8.6bn and £12.8bn in increased product...
Boeing and members of the Sustainable Aviation Fuel Users Group, an airline-led industry working group, announced that several leading air carriers have been accepted as members to the group. Existing members welcome the new group members Alaska Airlines, British Airways, Cathay Pacific, TUIfly and Virgin Blue. Current airline me...
A new ferry route between Hong Kong International Airport (HKIA) and Nansha Port in Guangzhou was officially launched today to further enhance connectivity between the airport and the Pearl River Delta (PRD). The new ferry service also increases the number of PRD ports and weekly cross-boundary ferry trips served by SkyPier to seven and more th...
China Eastern Airlines on late Sunday announced that it will merge Shanghai Airlines through a shares swap and the two will resume stock trading in Shanghai Monday.� Shanghai Airlines will exchange one of its A shares for 1.3 shares of China Eastern after the former's shareholders are given a 25 percent risk premium, the latter said in a stat...
First vessels participating in The Tall Ships Races Baltic 2009 (TSR-2009) have come to St. Petersburg . As PortNews IAA learnt from TSR organization committee, they have moored at Lieutenant Shmidt and Angliyskaya embankments. The majority of vessels are to arrive in St. Petersburg at night from July 10 to July 11. Opening of TSR...
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