New York State should consider privatization and public-private partnerships to bridge funding gaps for capital projects, said a state commission. Issuing a preliminary report earlier this month, the New York State Commission on State Asset Maximization said opportunities for asset maximization exist in virtually every asset class,?citing tra...
The volume drop in the ports of Los Angeles and Long Beach this year has persuaded terminal operators in the two ports to suspend off-peak shifts on Saturdays to reduce operational costs. The ports have felt the impact of a 19 percent drop in container volume in October and November. So PierPASS, the program introduced in 2005 to add weekday night...
South Carolina Ports Authority officials met with state legislators, Maersk Line executives, and union executives on Monday in an attempt to convince the Danish carrier to continue to call at the Port of Charleston. Maersk said last week that it planned to end a quarter of its sailings to the port early next year and stop calling Charleston a...
As the congestion at the nation's seaports in Lagos continue to defile all solutions, about 51 vessels are expected to bring in different consignment to the ports to further compound the problem presently being faced by the terminal operators, even as four of them are scheduled to arrival on Christmas day. The vessels are expected to arrival the c...
THE Port Authority of New York and New Jersey has been granted spending authority for US$6.7 billion in 2009 after its board of commissioners approved a budget that includes $3.3 billion for capital projects. "The budget makes clear that the port authority faces downward pressure on its long-term capital financial capacity, and will need to manag...
At 13:15 on December 25, 2008, MSC’s second over 10,000TEU vessel—— MSC Daniela berthed at CCT smoothly after the successful calling of “MSC Sola” on November 29. MSC Daniela is deployed on its Far East-Mediterranean “JADE” service. The vessel is designed with LOA of 366m, Breadth of 51.29m and with the capacity of 13,798TEU. The successful call...
Germany's biggest port will be hosting this year's Intermodal conference and exhibi-tion. From 2 to 4 December 2008, experts and service providers in the field of inter-modal freight transport will be coming together at Hamburg's Conference and Trade Fair Centre. Hafen Hamburg Marketing e.V. [Port of Hamburg Marketing, Reg. Soc.] will also be re...
Global marine terminal operator DP World’s Indian terminal, Nhava Sheva International Container Terminal (NSICT) has become the first terminal in India to achieve ISO 28000:2007 certification in supply chain security management systems. Certification was undertaken by independent Rotterdam-based Dutch auditing firm and Maritime Classification Society ...
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