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The total container traffic has reached an all-time high at the New Mangalore Port Trust (NMPT). The port handled a total of 21,859 TEUs (twenty-foot equivalent units) of containers during the current financial year as against 14,607 TEUs in the corresponding period of the previous fiscal, recording a growth of 49.65 per cent. Highest-ever so far Mr ...
Even as the financial crisis continues to bite through major global economies, volumes at ports across the Middle East will not be affected given the region's strong and unique economic set up, said a senior DP World official. DP World, which manages a portfolio of more than 40 ports across the world, does not expect any decline in volumes at any of ...
In January-November 2008, Freeport of Riga (Latvia) handled 26.886.20 million tonnes of cargo (+13.9%, year-on-year), the port informs. In the reported period, transshipment of general cargo fell by 13.8%, to 4.497.6 million tonnes including 1.934.9 million tonnes of timber (-29.9%, year-on-year), 1.762.9 million tonnes of containerized cargo (+1.9%). ...
Port Kembla Port Corporation Chairman, Nick Whitlam (son of 1970s Prime Minister Gough Whitlam) has foreshadowed the transformation of the south-of-Sydney facility at a cost of about $1.2bn to alleviate bottlenecks in the State's other ports. Once completed, it will end the current hold on Sydney port handling by Patrick Stevedores and Dubai Ports (fo...
The Port of Busan on Monday outlined its regional expansion strategy to overcome a downturn in volumes. Korea's biggest port, the fifth-biggest in the world, has seen container throughput growth slide to less than 3 percent this year, after 10 percent growth in 2007. With more of the same expected in the first half of 2009, the port is ba...
Customs in Beijing and Shanghai will implement a way of declaring and clearance of goods at origin cutting down the red tape to an hour, reports Logistics Week. Given the new customs service, Shanghai enterprises can take over goods or export goods at Beijing customs after finishing clearance formalities at Shanghai customs and vice a versa. ...
Sakhalin Energy launched year-round oil export deliveries on Friday via a new oil terminal as part of the Sakhalin II oil and gas project off Russia's Pacific Coast, the company said in a statement according to RIA Novosti. "This first cargo...is a key milestone in the commissioning of the facilities," the statement quoted Sakhalin Energy CEO Ian Crai...
Shipbuilding group Wadan Yards has delivered a new ice-class container carrier to its customer, Norilsk Nickel OJSC, the company reports. The ceremony of name giving and delivery was held on December 11 at shipyards in Wismar and Rostock-Warnemünde (Germany). On December 12, the vessel named Talnakh leaves Germany for Russia to be deployed for operatio...
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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