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60 days after the 2009 economic arrangements bill is passed, the Ministry of Finance will submit a proposal to sell government holdings in the Haifa Port Company, Ashdod Port Company and Eilat Port Company Ltd to the ministerial committee for privatization. These moves are in line with the 2005 ports reform agreement inked with the Histadrut (General Fede...
In the first quarter of 2009, net profit of LENMORNIIPROEKT (St. Petersburg, part of Transbunker group) under Russian Accounting Standard increased 9 times to RUR 12.829 mln, the company officially states. From the beginning of 2009 the company's assets fell by 12.1% to RUR 439.267 mln. LENMORNIIPROEKT Open Joint Stock Company is a modern multibusiness...
Krasnoye Sormovo shipyard (Nizhni Novgorod) plans to deliver Samur River tanker to its customer, Palmali, on May 20, 2009. According to Palmali, the tanker was launched on March 28, 2009 and left for sea trials on April 28, 2009. Samur River is the sixth tanker project RST22 of New Armada type. Source: PortNews
The Russian government announced on Wednesday the raising of oil export duty from the current $110 to $137.7 per metric ton from May 1, RIA Novosti reports. The figure was calculated proceeding from the average price of Russia's Urals blend at $47.8845 per barrel in the period of March 15 - April 14. As of May 1, the duty on light petroleum products wi...
Aiming at major expansion, the Cochin Shipyard Limited (CSL) has submitted an Expression of Interest (EoI) to the state government to set up a shiprepair complex/shipyard near the proposed Vizhinjam international container transshipment port under a joint venture. As per the EoI, around 150 to 200 acres of land with a water-front length of 1.5 km to 2 km ...
The port of Rotterdam has been voted best port in Europe for the twentythird time in succession by the readers of the magazine Cargonews Asia. Moreover, ECT was chosen as Europe’s best container terminal and Schiphol Amsterdam Airport as best airport Europe and best air-cargo terminal Europe. The corresponding Asian Freight & Supply Chain Aw...
The Port of Long Beach once again has been named the best seaport in North America by Cargonews Asia at the 2009 Asian Freight and Supply Chain Awards in Hong Kong April 22. It is the fifth consecutive year and the 13th time in the past 14 years that the Port of Long Beach has been recognized as the best on the continent, despite strong competition from ...
In the first quarter of 2008, Ukrainian shipyards slowed down production by almost 60%. In the reported period, production decline in machine building industry made 47%, year-on-year, that in shipbuilding – 59%, Gudok writes. The State Statistics Committee of Ukraine forecasts that April decline in shipbuilding is likely to make 60.9% against 42% i...
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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