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The Ports of Stockholm and Hong Kong-based Hutchison Port Holdings (HPH) jointly signed a concession agreement yesterday that grants HPH the right to operate the container terminal within Stockholm Free Port from March 1, 2009. The 25-year agreement also paves the way for HPH to develop new container-handling facilities at the Port of Nynäshamn, Norvikudd...
CMA CGM, the world's third largest container shipping company, expects a double-digit growth for its container volume at Westports next year despite the global economic slowdown. The target is achievable with bigger ships coming into service, said CMA CGM Malaysia managing director Simon Whitelaw. 'We are projecting a double-digit growth for ...
In 2008, Odessa Commercial Sea Port is to get profit of UAH 270 million, journalists learnt from Natalja Karaja, Chief Accountant of OCSP, according to Eco. Earlier the company planned to reach UAH 189 million of profit. Odessa Commercial Sea Port is one of the largest ports of the Black-Azov Sea Basin. Technical facilities of the port allow to proces...
Some of the biggest ports in the world are showing just how bad the November decline in consumer demand dropped. The Port of Hong Kong, once the world's busiest container port, saw volume in November fall 13.2 percent to 1.8 million TEUs from the same month in 2007. For the year, Hong Kong throughput has declined 4.6 percent, according to s...
The Yang Ming Group has secured $500 million in financing for a new container terminal in the Port of Kaohsiung, the Taiwanese ocean transportation company said Thursday. The financing will provide the lion's share of funds for the $550 million terminal, which is designed to have 2.8 million TEUs of annual capacity and will be able to accommo...
SOUTHEASTERN China's port of Fuzhou plans to build two new berths at its Jiangyin port area have been approved by the state government, Xinhua reported. The two berths will be able to receive ships up to 100,000 tonnes and can handle 800,000 TEU annually, costing CNY1.3 billion (US$190 million) to build. Source: http://www.schednet.com ...
TSUJI Heavy industries has filed for bankrupcy with debts exceeding USD 800 million. The company has expanded rapidly with new yard sites in China. The orderbook consists of some 40 vessels, of which 29 are 30,000-DWT bulk carriers ordered by Denmark’s Clipper Bulk. Source: http://www.shipgaz.com
Starting next year, the Port of Helsinki will no longer charge a wastewater fee for wastewater left by ships in the port sewer system. This change is a continuation of the Port of Helsinki's efforts to reduce loading in the Baltic Sea. Wastewater fees were discontinued for international cruise ships on a trial basis in the summer of 2008 and the tria...
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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