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Media
Port of Tauranga Ltd, New Zealand's biggest export port, said that first-half profit rose 10 per cent amid an increase in volumes of logs, timber and meat. Net income was NZ$22.5 million (S$17.6 million) in the six months ended Dec 31 from NZ$21.5 million a year earlier, the company said in a statement sent to the stock exchange. Sales rose 2.2 per cent...
Yang Ming is to go ahead with a 2.92m teu box terminal at the port of Kaohsiung, despite the economic downturn. The company will invest $100m in Chinese handling equipment on the expectation that container traffic will have improved by 2011. The facility will have four berths and boost the shipping line's capacity in the port by 50%. The company has be...
PD Ports has launched Logical Link - a coastal feeder container shipping service offering a next-day connection between Felixstowe and Teesport. This new service operates twice a week (Mondays and Wednesdays), loading in Felixstowe on day one and unloading in Teesport the following morning. The Logical Link service will reduce operational costs for cus...
Reflecting the global recession and its effects on U.S. consumer demand and shipping, cargo volumes fell at the Port of Tacoma in 2008. From 2002 through 2006, Tacoma set successive container cargo records, with volumes growing from 1.5 million TEUs (20-foot equivalent container units) to 2.1 million TEUs. In 2007, the Port's container volume fell to 1.9...
At the opening of the GreenPort conference in Naples on February 26, ESPO announced the installation of an annual Award to promote innovative projects of European port authorities that develop co-operative synergies with cities, improve the quality and accessibility of port areas and generally promote a positive image of the port as a place to experience, l...
Ports along China's Yangtze River have experienced their first monthly increase in cargo volume in January, ending six months of decreasing traffic. However, experts are not predicting that businesses on the river will see a full recovery until the second half of the year, reports Xinhua. It said that according to the latest official figures major port...
Two Taipei dock areas will be ready for container operations by March, after which docks will be built every year until 2014 when seven will be completed at a cost of NT$20.3 billion (US$601.48 million). This year's volume is expected to hit 750,000-TEU, falling short of the facility's 1.1 million TEU capacity, port operator president Herman Chen told t...
The Admiral Kuznetsov aircraft carrier, the Admiral Chabanenko destroyer and the Nikolai Chiker salvage tug are returning to their home port after a tour of duty in the North Atlantic and the Mediterranean, a spokesman for the Russian Northern Fleet said on Wednesday according to RIA Novosti. Capt. 1st Rank Igor Babenko said the warships are expected to r...
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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