Port News

Taipei launches 1.1 million TEU container terminalFeb 24, 2009

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 th...

Lagos ports, oil terminals to handle 152 ships this weekFeb 24, 2009

Lagos ports and its oil terminals are scheduled to handle a total of 152 ships this week. According to the shipping position, made available to the News Agency of Nigeria (NAN) in Lagos at the weekend while 76 of the ships were waiting to discharge container-laden goods and petroleum products, 76 others were expected to sail in during the week. Fifty of t...

Grand Alliance to re-route EU3 service via Cape of Good HopeFeb 24, 2009

Grand Alliance members Hapag-Lloyd, MISC Berhad, NYK and OOCL have announced they will re-route all eastbound EU3 service vessels around the Cape of Good Hope instead of the Suez Canal. This is the latest move against canal fees, which appear to take little account of the precipitous drop in freight rates. Maersk and CMA CGM have already taken steps towa...

Board OKs Incentives to increase local business and jobs Feb 24, 2009

A package of incentives to increase rail-borne cargo through the Port of Long Beach was voted preliminary approval on Monday, February 23, by the Long Beach Board of Harbor Commissioners. The incentives are designed to retain or increase local business and jobs in the face of a decline in global trade. The Board voted unanimously to direct staff to create ...

KONE Corporation to repurchase own sharesFeb 24, 2009

KONE Corporation's Annual General Meeting held on February 23, 2009 authorized the Board of Directors to repurchase and redistribute the company's own shares. On the basis of this authorization, KONE Corporation's Board of Directors has decided to commence the possible repurchasing of shares at the earliest on March 3, 2009. The repurchasing of shares ca...

Ningbo-Zhoushan's box volume put port No 8 worldwideFeb 23, 2009

The ranking of world container port handling capacity of 2008 has been released to show that Ningbo-Zhoushan port has edged into the world top 10 with the capacity of 10.933 million TEU, jumping from the No 11 sport in 2007 to No 8 today, reports Logistics Week. The port's world ranking rose to 11th place in 2007 from 67th in 2000 with an outstanding co...

Cargo loaded in Klaipeda port down 0.7% in Jan 09 Feb 23, 2009

  In January 2009, 2.9 million tones of cargo was loaded in Klaipeda State Port including Butinge Terminal, a decrease of 0.7% year-on-year. Lithuanian railroad in January 2009 transported 3.4 million tonnes of cargo, a decrease of 29.1% year-on-year. According to the data of the Lithuanian Department of Statistics, 2.2 million tones of cargo was l...

Ambitious environmental plan for 2008-2012Feb 23, 2009

The Port of Amsterdam has developed an ambitious environmental policy plan for the period between 2008 and 2012. The plan – whose English title is “Sustainability: Boldness, Action and Resolve” – fits in well with the city-wide environmental policy plan adopted by the City of Amsterdam and entitled “To the Top in a Sustainable ...

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Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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