Port News

Commission clears financing JadeWeserPortDec 11, 2008

The European Commission decided today not to raise any objections to Germany's plan to support the construction of a new port in Wilhelmshaven. The Commission found that the measures adopted by the German authorities are compatible with the Common market. The States of Bremen and Lower Saxony will finance – through publicly-owned entities JIB and JWPR – t...

Los Angeles port to cut its spendingDec 11, 2008

The slumping economy has forced the Port of Los Angeles to cut its current spending budget by more than $20.5 million amid a projected 20 to 30 percent decline in shipments during the first quarter of 2009. Port officials in recent months have eliminated several unfilled positions and reduced some costs, including travel expenses, to keep the boo...

Petrobras may build third LNG terminalDec 11, 2008

Brazilian demand for liquefied natural gas will grow by about 50 percent in the next three years, prompting state-owned Petroleo Brasileiro SA to consider adding a third regasification terminal, a company official said. Brazil will need capacity to process 33 million cubic meters a day of the fuel by 2012, said Marcio Demori, LNG trading manager ...

Throughput of Kaliningrad Sea Commercial Port up 2.1% to 4.4 mln t in ...Dec 11, 2008

In January-November, 2008, Kaliningrad Sea Commercial Port OJSC handled 4.436.7 million tonnes of cargo (+2.1%, year-on-year)market the company reports. In the reported period the company handled 3.224.7 million tonnes of export cargo (+0.4%) including 983,700 tonnes of coal and coke (up 2-fold), 74,000 tonnes of timber (5.3%, year-on-year), 100,700 to...

Throughput of Tallinn port down 20.6% to 26.6 mln t in Jan-Nov 08 Dec 11, 2008

In January-November, 2008, the port of Tallinn handled 26.601.9 million tonnes of cargo (-20.6%, year-on-year), the port informs. In the reported period, transshipment of liquid bulk cargo totaled 18.556.9 million tonnes (-9.7%), general cargo – 545,700 tonnes (24.3%), dry cargo – 2.796.8 million tonnes (-62.8%). In the reported period, the port’s ...

Hong Kong: Q3 port cargo throughput hits 67m tonnesDec 10, 2008

The Census and Statistics Department (C&SD) on December 8 released statistics on vessels, port cargo and containers for the third quarter of 2008. In the third quarter of 2008, total port cargo throughput increased by 9% over a year earlier to 67.3 million tonnes.  Within this total, inward and outward port cargo went up by 7% and 12% over a year ear...

Six new box berths at Xiamen win State Council approvalDec 10, 2008

The construction of six new 100,000-tonnes berths in Haicang area of Xiamen has received the approval from the National Development and Reform Commission, reports Xinhua. The CNY2.16 billion (US$316 million) facility is made up of six berths including two (No 18 and No 19) 100,000-tonne capacity container berths with an overall annual capacity of...

Subic Bay Authority opens container terminal for bidding Dec 10, 2008

The second phase of Subic’s New Container Terminal (NCT-2), a multimillion-dollar project completed early this year in a bid to strengthen Subic’s capacity as a globally competitive maritime service and logistics port, is now open for bidding. Armand Arreza, administrator of the Subic Bay Metropolitan Authority (SBMA), said on Monday that the agency ...

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