Port News

Djibouti port attracts major shipping lines Mar 3, 2009

The Doraleh container terminal (TCD) attained a record rate by loading and unloading 54 containers per hour and per gantry crane, APA learns from sources in Djibouti. A week after its official inauguration, the new jewel port confirms the hopes placed on it as major shipping lines are knocking at the door, including one of the biggest container carriers i...

Karachi Port Trust launches new cement export terminalMar 3, 2009

Karachi Port Trust's newly build $12m cement export terminal was inaugurated today by Pakistan’s, Federal Minister for shipping and ports Babar Khan Ghori. The Lucky Cement storage and ship-loading terminal, located at berth no 25, boasts a capacity of 10,000-12,000 tonnes of cement per day and is expected to revitalise the country’s cement e...

Asian Terminal Inc announces $14.9m expansion planMar 3, 2009

Asian Terminal Inc (ATI), the second-largest terminal operator in the Philippines, has confirmed that it will spend US$14.9 million to further develop its Manila South Harbour holdings, Thai News Service reported. ATI said the improvements would include acquisition of modern cargo-moving equipment and expansion of more than one hectare of its Manila Sout...

Petronet to raise Rs 2,200 cr for captive port project at KochiMar 3, 2009

Petronet LNG Ltd (PLL) plans to mobilise Rs 2,200 crore from the domestic and external markets to part-finance its captive port with re-gassification facilities at Kochi. The total project cost is about Rs 3,195 crore, of which PLL has already spent Rs 400 crore through internal accruals, Mr Amitava Sengupta, Director (Finance & Commercial), PLL, told ...

Oil export via Primorsk port down 2% to 6.49 mln t in Jan 09Mar 3, 2009

In January 2009, oil export via the port of Primorsk fell by 2%, year-on-year, to 6.497.6 million tonnes. Primorsk Oil Terminal LLC cut oil export by 8% to 6.108.2 million tonnes. Balttransservis LLC handled 389,400 tonnes of diesel fuel. In the reported period, turnover of vessels in port Primorsk amounted to 159 units. Commercial seaport Primorsk was pu...

Port of Guangzhou box volume up 18.8pc in 2008Mar 2, 2009

Port of Guangzhou's annual container throughput cumulated to 11 million TEU in 2008, up 18.8 per cent compared to 2007's 9.26 million TEU, Xinhua reported. The port's general cargo throughput tonnage last year cumulated to 347 million tonnes. Guangzhou port is going to spend over CNY27 billion on infrastructures during the upcoming years to develop i...

China ports face massive overcapacityMar 2, 2009

China's container ports are facing overcapacity of tens of millions of TEUs within a couple of years as traffic plunges and new terminals come on stream. With demand falling "dramatically" since the last quarter of 2008, Chinese ports excluding Hong Kong likely will handle around 115 million TEUs in 2009, down from 126 million TEUs a y...

Throughput of Sea Commercial Port of Illichivsk down 16% to 1.2 mln t ...Mar 2, 2009

In January 2009, Sea Commercial Port of Illichivsk handled 1.215 million tonnes (-16%, year-on-year), the company reports according to RZD-Partner. In the reported period, transshipment of dry loose cargo climbed by 16% to 540,000 tonnes, liquid bulk cargo – fell by 9% to 121,000 tonnes, general cargo – down 36% to 525,000 tonnes. Transshipmen...

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