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Work on the project likely to begin by September. The Visakhapatnam port will construct 5-6 new berths over the next two to three years at an investment of over Rs 1,000 crore, said Ajay Kallam, chairman, Visakhapatnam Port Trust. The port currently has 26 berths both in the outer and inner harbours. “Most of the work would start before September 200...
The strike appeared innocuous enough when it began. But by the time it entered its third day it was estimated that Nigeria had lost close to N4 billion, according to Mr. Peter Anosike, a front-line freight operator. Mr. Anosike, who is a member of the Association of Nigeria Licensed Customs Agents (ANCLA), was speaking on the strike action embarked ...
In 2008, the Danish/Swedish port company Copenhagen Malmö Port (CMP) made a pre-tax profit of SEK 181 million, an increase of 24% compared to the previous year. Net sales rose by 7% to SEK 784 million. Financial performance continued to improve, building on the positive foundations laid down in recent years. Since the company was founded in 2001, net...
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 Way.” The new plan from the ...
Out of the 276 port projects planned under the National Maritime Development Programme (NMDP), 38 projects have been completed, according to data compiled by the Indian Ports Association (IPA). The project was launched in August 2005. According to Exim News Service, the 38 projects have added 54.60 million tonnes of additional capacity to six Major Po...
Ports in Shandong province, northeast China, registered a 14.3 per cent growth in throughput to hit 650 million tons in 2008, reports Xinhua. The three largest provincial ports Qingdao, Rizhao, Yantai (including Longkou port) handled 563 million tons of cargo, accounting for 85.6 per cent of the total. Qingdao port 's volume grew 13.3 per cent to...
The nation’s newest port, the Port of Taipei, will start operation next week to boost shipping links with China and other countries, the port said yesterday. Two of the port’s container wharfs will begin operation on Wednesday, with one additional container wharf to be built every year until 2014. In the first year of operation, the port will handle ...
Suzhou port's 2008 throughput increased 12.8 per cent to 207 million tons, retaining its position as the biggest river port by cargo volume in China, reports Xinhua. Suzhou, on the lower reaches of the Yangtze, near Shanghai, handled 127 million tons of cargo, up 5.7 per cent against 2007's figures. While nearby Taicang port's volume rose 31.6 pe...
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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