Port News

Mexico reopens oil port of Dos BocasFeb 6, 2009

The Mexican oil port of Dos Bocas, in the Gulf of Mexico, was reopened on Wednesday after after being shut for nearly two days due to bad weather, the government said. Dos Bocas is one of three ports that handle the bulk of Mexican oil exports. The port ships around 8 percent of the country's crude exports. Source: http://uk.reuters.com  ...

Volume down at NZ's largest container port in JanuaryFeb 6, 2009

The volume of containers handled by Ports of Auckland, seen as a leading indicator of the economy, fell in January from the same month a year ago. The port handled 46,673 containers in January, down 4.7 percent on the same month last year. The figure was lower at 4.2 percent on a measure of standard sized containers. Fifteen cruise ships ca...

UK's Dragon LNG terminal to open in Q2Feb 6, 2009

BG Group's (BG.L) Dragon LNG import terminal in Wales will not be ready to take its first delivery of liquefied natural gas until at least April, a spokesman for the company said on Wednesday. Dragon LNG -- a joint venture between BG (50 percent), Malaysia's Petronas PETR.UL (30 pct) and the Netherlands' 4Gas (20 pct) -- and the nearby South Hook...

Saigon Newport signs deal with foreign shipping firmsFeb 6, 2009

Vietnam's Saigon Newport Company has clinched a joint venture deal in Ho Chi Minh City with three foreign shipping lines to develop an international terminal in the southern province of Ba Ria-Vung Tau, the Saigon Daily Times reported. The three foreign firms involved in the Tan Cang-Cai Mep International Terminal Company are Hanjin Shipping of S...

Petersburg Fuel Company to sell oil product transshipment terminal in ...Feb 6, 2009

Petersburg Fuel Company plans selling of its non-profile assets, Yury Antonov, PFC President told the press conference according to Gorzakaz.Org. Such assets include an investment project on construction of a logistics complex near Rzhevka airport (earlier planned investment of $20 mln) and an oil product transshipment terminal in the Leningrad region...

Port of Amsterdam looks back at excellent 2008Feb 5, 2009

The Amsterdam Port Area continued its strong performance in 2008. The cargo throughput rose by 4% from 87.4 million metric tons in 2007 to 90.9 million metric tons in 2008.   These are preliminary figures made public by a visibly contented Hans Gerson – CEO of the Port of Amsterdam – in January, 2009 at the New Year’s Reception of the port authori...

Hutchison Port Holdings (HPH) takes majority stake in Ceres Paragon Te...Feb 5, 2009

Hutchison Port Holdings (HPH) takes majority stake in Ceres Paragon Terminal, thereby giving boost to Amsterdam as Gateway to Europe NYK – which owns 100 percent of the Ceres Paragon Terminal – has decided to sell the majority of its shares in this Amsterdam-based container terminal to HPH. This will enable the Ceres Paragon Terminal to...

DP World’s Terminal Two at Jebel Ali port to be completed by the end o...Feb 5, 2009

DP World’s Terminal Two at Jebel Ali port development is expected to be completed by the end of this month, company officials said. The terminal will increase the port's capacity by five million TEUs, bringing the total to 14 million TEUs. "Our long-term vision to expand the port continues. We have to keep adapting ourself. Our mission is to ...

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