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shipping in 2008, according to port executive director Danail Papazov, with the number of port-processed boxes rising to 152,000 totalling 7.65 million tonnes of cargo. Port revenues stood at LEV35.6 million (US$8.4 million) and produced a profit of LEV2.5 million. Investments totalling LEV11.8 million in 2008, and mainly went towards new equipment, r...
PORTLAND, Oregon, container volume fell 5.7 per cent in the first 11 months year-on-year to 227,252 TEU and 11.6 per cent down in November from the same month in 2007. Export containers trumped imports in 2008, but cargo declined overall. Outbound container traffic through November fell 7.8 per cent to 127,896 TEU while box imports fell 2.7 per cent t...
Manitowoc Co. said last week it has completed the sale of its marine division to Italian shipbuilder Fincantieri-Cantieri Navali Italiani SpA. The net purchase price in the all-cash deal was about $120 million. In 2007, the marine segment had sales of $321 million and operating earnings of $26 million. The transaction is expected to generat...
Hutchison Port Holdings on Monday refuted comments from Ecuador President Rafael Correa over the weekend that the Hong Kong-based terminal operator wasn't meeting development goals at a container terminal in the Port of Manta. International press agencies quoted Correa as saying he would kick Hutchison out of the country for lagging behind on ...
Indian ports saw a 30 percent dip in container trade in the last three months of 2008 compared to the same period in 2007, according to a report in the Hindu Business Line Monday. Evidence of the slowdown can be seen in the yards of the Jawaharlal Nehru Port, where only about 2,000 containers are stored compared to the usual 5,000 to 6,000. ...
THE Port of Antwerp handled 190 million tonnes in 2008, an increase of 4 per cent compared with the previous year. Within this total, the port handled nearly 102 million tonnes of containerised freight, up 7.7 per cent year on year. In terms of TEU, the container volume rose by 6 per cent to more than 8.6 million TEU. The figures for the first nin...
IN the midst of the financial crisis and the gloomy economic predictions related to the shipping industry, the Port of Le Havre remains bullish about its growth, predicting an impressive 10 -12 per cent rise in volumes for both 2009 and 2010. The Container Shipping Manager interviewed the port's chief representative in China, Bruno Le ...
INTERCONTAINER, Europe's leading railway-trucking operations, will expand services to offer a weekly shuttle between Rotterdam and six terminals in central and south-east Europe, leaving Rotterdam Mondays, Wednesdays and Fridays. The container shipping route will run through the CTH Herne hub in the Ruhr to Sopron and Budapest Bilk, Bradu de Sus and B...
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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