Venezuela's government seized seaports and airstrips in at least four states on Saturday, a move critics say is meant to limit the powers of mayors and governors opposed to President Hugo Chavez. The takeover, ordered by Venezuela's socialist president last weekend and approved by lawmakers, aims to bring the country's major transportation hubs under fed...
The first stage of the Hambantota port project will be completed by the end of next year. A 310-metre long bunkering terminal, a 600-m quay wall for general cargo will be constructed with a 16-m deep basin and entrance channel under the first stage of the project. In addition, ship repair facilities, custom and immigration services too would be offered t...
Murchison Metals Ltd. and Mitsubishi Corp. signed a A$4 billion ($2.7 billion) agreement with the Western Australian government to build an iron ore port and rail project in the state’s mid-west. The deep-water port, 450 kilometers (280 miles) north of Perth, may make its first shipments from 2013 with construction scheduled to start from 2010, Prem...
Revisions to the Clean Trucks Program to be considered Monday, March 23, by the Long Beach Board of Harbor Commissioners would provide more incentives to the trucking industry to quickly acquire cleaner-running big-rigs to meet the Port's goal of slashing truck-related air pollution 80 percent by 2012. Changes proposed by the Port of Long Beach staff woul...
For the second year running, the Port of Kiel has been honoured at the Cruise Shipping Convention in Miami - the world’s largest cruise shipping trade fair - by the trade publication “Dream World Cruise Destinations”. This year Kiel was selected from 231 ports to receive the award in the category “Best Turnaround Port Operations&rdqu...
Australia is set to have a new iron ore port, 450 kilometres north of Perth. Murchison Metals Ltd and Mitsubishi Corp have signed a $2.7 billion (AUD 4 billion) agreement with the Western Australian government to build the port along with a rail system, reports said. Murchison and Mitsubishi's joint venture is called the Oakajee Port & Rail Pty, and...
As the downturn in global trade continues, Indian ports have seen volumes shrink for more than five months now. The 12 major ports, which handle 90% of the country's export-import cargo, saw traffic fall 4.2% in February as compared with the same period last year. Volumes fell in nine of the 12 ports during the month. The ports have also failed to meet ...
Gate terminal, a joint venture between Nederlandse Gasunie and Koninklijke Vopak has signed a € 136 million senior financing agreement with the European Investment Bank and a banking syndicate of eight international relationship banks. This financing facility will be used for the expansion of the first Dutch Liquefied Natural Gas (LNG) import and reg...
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