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In 2008, net profit of Odessa port plant (Odessky priportovy zavod) amounted to UAH 800 million, the Fund of Ukraine’s State Property reports. UAH 278.9 mln will be paid as dividends against UAH 193 mln paid in 2007. Odessa port plant (Odessky priportovy zavod) is one of the largest enterprises of Ukrainian chemical industry. Specialises in prod...
HHLA, Hamburg's biggest container terminal operator, reported record earnings and revenue in 2008 but warned it expects a double digit decline in cargo this year. The company also said it will defer half of $1.6 billion of short term investments originally earmarked for 2009-2012. Operating profit at the port-controlled company rose 23.4 percent to $472 ...
Ningbo Port Group has signed an agreement with China United International Rail Container Corp (CUIRC) to launch a sea-rail transport service between Ningbo and Yiwu, with the establishment of the Beilun branch of CUIRC, reports Logistics Week. This service will increase convenience for companies in Yiwu, such as being able to load and unload containers, ...
The Karachi Port Trust in Pakistan will reopen its deepwater container terminals in April, the Federal Minister for Port and Shipping, Mr Babur Ghauri, said. The berths, 10 to 14 at East wharf, had to be rebuilt after they collapsed during the heavy rains in 2007. Mr Ghauri said that his Ministry was working on reducing the port charges. He revealed that...
Bringing some cheer in this time of recession, DP World has announced strong results for the 12 months to December 31, 2008, building on the excellent performance in the first half and delivering another year of solid profitable growth, Exim News Service said. These results are truly extraordinary. Profit after tax (PAT) for continuing operations increased...
GLOBAL terminal operator, PSA International Pte Ltd and its subsidiaries, have posted a net profit for full-year 2008 after tax of S$1.04 billion (US$$689 million), representing a decrease of 46.2 per cent compared to the previous year. The lower profits were blamed on lower yields, higher operating costs, impairment provisions and lower divestment gains....
NCB Holdings is bracing for a challenging year as its port-operating subsidiary, Northport, saw container throughput fall almost 15 per cent in the first two months of 2009. Northport contributed about 90 per cent of the group's net profit of US$42.95 million last year. Our past experience has shown that the second half of the year is normally stronger...
Mr Lam Yi Young will be appointed chief executive of the Maritime and Port Authority of Singapore (MPA) with effect from May 1. He will take over from BG(NS) Tay Lim Heng (pictured), who will assume the post of Deputy Secretary (Development) in the Ministry of National Development with effect from the same date. Mr Lam is a graduate in engineering an...
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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