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Brazil's Santos port, the country's busiest, will get $679 million in loans organized by the International Finance Corporation to build a new container terminal, the IFC said Thursday. The $908 million container terminal project is being developed by Brasil Terminal Portuario SA, which is owned by London-based Terminal Investment Limited and Rotterdam-b...
February marine fuel sales in Singapore, the world's largest bunker port by volume, fell by about 10 per cent to 3.3 million tonnes, from the preceding month's all-time high, official data showed on Friday. Traders said February volumes are seasonally lower due to the post Lunar New Year-holiday lull and strong premiums for the month due to tight ...
Container volumes handled by Tanzania's Dar es Salaam port are expected to rise by 10 percent this year after the port operator invested in new cargo handling equipment, Reuters reports. Tanzania International Container Terminal Services (TICTS), a unit of Hutchison Port Holdings, said on Friday it plans to move 373,000 twenty-foot equivalent units (TEUs...
As many as 120 containers filled with plastic waste, weighing 2,300 metric tonnes and “imported” as used polyethylene terephthalate (PET), were seized at the Chennai harbour by officials of the Directorate of Revenue Intelligence (DRI) who found the import hazardous in nature, reported the Deccan Chronicle. With illegally imported waste from v...
THE CHONGQUING provincial status government is to spend at least CNY3 billion (US$456.5 million) on port facilities, terminals and navigation channels this year, and is aiming to achieve the target of pouring CNY3.5 billion into such facilities this year, Xinhua reports. Chongqing port's cargo handling capacity will reach 140 million tonnes and containe...
TIANJIN port will invest CNY13.5 billion (US$2.1 billion) on infrastructure projects and start building the 300,000-tonne capacity navigation channel this year, Xinhua reports. The project, lasting about 15 months, will deepen the existing 250,000-tonne navigation channel to 21 metres and widen it to 330 metres. Last year, the port recorded a cargo th...
Singapore-based terminal operator PSA International posted a throughput increase of 14.4% in 2010 over a relatively low base in 2009. The total PSA group volume from port projects around the world totalled a record 65.12 million TEUs (twenty-foot equivalent units). In line with the global economic recovery and improved performance of the container shipp...
The Port of Los Angeles container throughput in January-February increased by 10.65% compared with the same period of 2010, to 1,215,430.60 TEUs, the Port Authority reports. In February, container traffic at the port’s terminals totaled 554,912.80 TEUs, up 5.61% from the prior year’s figures. Port of Los Angeles is the largest seaport of th...
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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