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The Montreal Port Authority on Wednesday told shippers and shipping lines it is rescinding its 5 percent tariff increase for 2009. The increase, which went into effect last January 1, will be terminated on June 30, the MPA advised in a notice published in Montreal newspapers. The tariff returns to 2008 levels. The MPA notice says that current electricity se...
With the help of private investors, Visakhapatnam Port Trust (VPT) will enhance its cargo handling capacity from 62 million tonnes to 125 million tonnes by 2012. The capacity increase through modernisation of existing facilities and creation of new berths would be done with a total investment of Rs. 2,600 crore, Port Chairman Ajeya Kallam told reporters her...
APM Terminals said Friday it will participate in the consortium led by Bolloré Africa Logistics that has a contract to develop a new deepwater container terminal at the Port of Pointe-Noire in the Republic of the Congo. The Bolloré Group signed a $798 million agreement with the Congolese Government that gave it a 27-year concession to moder...
The Massachusetts Port Authority (Massport) on April 30 announced the beginning of direct export service at Boston Autoport. The Grimaldi Group has launched a monthly RoRo service between the United States and West Africa to handle exports such as cars, trucks, tractors, buses, and other vehicles and equipment. “Even in the current economic climate...
TAIWAN'S port of Kaohsiung has become sister port of mainland's port of Dalian. The two ports are set to start cooperation on cross-strait shipping services. Director General of Kaohsiung Harbour Bureau Hsieh Ming-hui recently visited and signed letter of intent for cooperation with four mainland ports of Shanghai, Qingdao, Tianjin and Dalian, reported ...
68 cargo trains have accumulated near the port of Novorossiysk as of April 30, 2009, PortNews IAA learnt from press center of North-Caucasus Railway. According to the source, there are 12 trains with ore, 10 trains with ferrous metal, 6 – with oil products and 35 – with grain. Source: Portnews
The annual meeting of shareholders of Sea Port of Saint Petersburg OJSC held April 28, 2009, decided to pay RUR 100 per one ordinary share as dividends for 2008, the company’s Communication Direction states. According to the source, the meeting approved financial statements for 2008. The shareholders elected the Board of Directors and the Audit Co...
Inter Marine Container Lines (IMCL) has expanded the range ports it links with DCT Gdansk by opening a weekly service to Rotterdam from May. IMCL will use the 672TEU BCL Iwona sailing from DCT Gdansk every Saturday. Initially, the service will call at two Rotterdam terminals, ECT Delta Dedicated West (DDW) and ECT Delta Dedicated North (DDN) on Tuesday/ ...
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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