SOUTHEASTERN China's port of Xiamen plans to achieve a cargo throughput tonnage of 150 million tonnes, up 10 per cent year on year, and a container throughput of 6.4 million TEU, also up 10 per cent, by the end of this year, Xinhua reports. To meet its target, the port will attract large companies to take part in the development project of its Zhangzhou...
The US port of Savannah, the US east coast port specialising Asian cargo through Panama and the Suez canals, has experienced a 16.3 per cent year-on-year increase in container volume in February totalling 235,665 TEU. "Heavy volumes have been driven by ongoing market recovery and continued inventory replenishment," said Georgia Port Authority executive di...
Some merchant ships may be avoiding Japan's Tokyo port due to concerns of radiation exposure to crew members from the quake-crippled Fukushima nuclear plant, an industry official said on Thursday, Reuters reports. "I have heard from local agents that some vessels are not calling in Tokyo due to radiation fears. I'm not sure how many," said Tetsuya Haseg...
Low, non-threatening levels of radiation were found on a cargo ship in the Port of Tacoma, the state Health Department told KIRO 7 Eyewitness News. The Hyundai Oakland from Shanghai arrived early Tuesday morning in Tacoma. Overnight, the ship was moved up to the Port of Seattle to continue offloading its cargo. The Coast Guard boarded the ship on Tuesda...
Piraeus Port Authority SA, operator of Greece’s largest harbour, said it will provide docking services for less than a private company is currently charging at the port, Bloomberg reports. Piraeus Port will cut the docking fee for cruise ships to 125 euros ($177.3) from 250 euros and for cargo vessels to 75 euros from 150 euros, the authority said t...
Dubai's port operator DP World DPW.DI, said it is on track to list on the London Stock Exchange this year, after posting a 35 percent increase in 2010 profit, Reuters reports. DP World, considered one of the more profitable assets of debt-laden Dubai World -- said on Wednesday that it provided its full year results to the London exchange, which will dec...
Forth Ports has agreed to a US$1.21 billion takeover offer from their largest shareholder, reported Scottish Daily Record. Arcus Capital, who own 22.8 per cent of Forth, will pay $26.66 a share plus a 32.72 cents-a-share dividend. Forth, the only listed port operator in the UK, will keep their headquarters in Scotland. Chairman David Richardson said: ...
Some Japanese ports and airports affected by the devastating earthquake and tsunami that hit the northeastern part of the country on March 11 have reopened, according to the Ministry of Land, Infrastructure, Transport and Tourism. The hard-hit Port of Sendai-Shiogama has reopened for ships carrying relief supplies, according to the Ministry of Land, Infra...
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