A.P. Moeller-Maersk A/S, owner of the world’s largest container line, may post a full-year loss for the first time in at least half a century after freight rates declined because of falling trade. Maersk had a first-quarter net loss, including minority interests, of 2.13 billion kroner ($390 million) compared with profit of 5.22 billion kroner a ye...
Sea Port of Saint Petersburg has completed the first phase of the project on introduction of a unified information system Microsoft Dуnamics AX – finance and logistics. As the company informs, over RUR 15 mln was invested into the project’s first phase. Second Stevedoring Company CJSC, Third Stevedoring Company, Forth Stevedoring Company CJSC,...
In a stunning 9-0 vote, the Long Beach City Council denied four appeals filed against a Port of Long Beach environmental impact report (EIR), effectively giving its unanimous support to the recently approved $750 million Middle Harbor Redevelopment Project. The cities of Riverside and Commerce, and two coalitions representing environmental and community g...
With the successful calling of vessel “COSCO FUZHOU” on May 09, 2009, Shekou Container Terminals (SCT) welcomed a new SINO-AUSTRALIA Service-SAS. Jointly launched by COSCO and PIL, SAS calls SCT every Saturday with port rotation as: Shanghai-Xiamen-Nansha-Shekou-Hong Kong-Sydney-Brisbane-Shanghai. Source: SCT
In January-April 2009, Odessa Commercial Seaport handled 9.98 million tonnes of cargo (-17%, year-on-year), the company’s press center reports. The company attributes the decrease to lower handling of liquid bulk cargo. In January-April 2009 the port handled 4.309 million tonnes of liquid bulk cargo (-34.3%, year-on-year). Oil transshipment fell b...
Vladislav Dorofeev has been appointed the Director General of Kaliningrad Sea Commercial Port JSC, PortNews IAA learnt from the company. Earlier the position was held by Vladimir Kalinichenko. Kaliningrad Sea Commercial Port JSC is the largest enterprise of regional port complex. Practically all means of transport and the basic part of the export...
In January-April 2009, Sea Commercial Port of Illichivsk (Ukraine) handled 5.661 million tonnes of cargo (-10.9%, year-on-year). In April the company handled 1.358 million tonnes of cargo (-14.9%). In April 2009, transshipment of general cargo fell by 34.9%, transshipment of dry bulk was up 29.8%, liquid bulk cargo – up 15.8%. The highest growth r...
China, the world’s largest consumer of iron ore, said its major ports unloaded 24 percent more of the imported steelmaking ingredient in April from a year ago, a record for a second month. Ships dropped 53.5 million metric tons of iron ore last month at major ports, the Ministry of Transport said on its Web site. That beats the March record of...
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