Port News

Shenzhen terminal, North Guangdong start intermodal shuttle Nov 24, 2008

 Port and rail officials in Shenzhen and Guangdong Province on Thursday signed a deal to start an intermodal shuttle service between the Yantian International Container Terminal and the city of Shaoguan.    The city is considered an up and coming center for labor-intensive industries in Guangdong Province, which borders the Port of Shenzhen. YICT is t...

Maersk pulls slower vessels off Gulf of Aden routeNov 24, 2008

As a result of the recent development in piracy hijackings in the area, AP Moller-Maersk has updated its policy for vessels entering the Gulf of Aden and off the coast of East Africa. For the time being, vessels without adequate speed or freeboard will avoid the Gulf of Aden and seek alternative routing south of the Cape of Good Hope and east of ...

Zhang Jiagang port witnesses decline in iron ore import Nov 24, 2008

It is reported that, Zhang Jiagang port imported 3.25 million tonnes of iron ore, worth USD 800 million decreasing by 45% YoY and 2% YoY respectively. Both import volume and price points to the downside. There are four reasons for the decline in import volume and price. 1. Early in 2007, steel manufacturers had predicted that iron ore price in 2008 w...

DP World Southampton sets a new recordNov 24, 2008

The arrival of the CMA CGM Vela on Tuesday set a new terminal record for the largest declared containership to call at DP World Southampton. The 11,040 TEU capacity boxship, with a gross tonnage of 129,000 tons and a length of 347m, carries 14% more capacity than the terminal’s previous record holder, the CMA CGM Orfeo, which called at the termin...

Stevedoring companies of Ust-Luga port cut cargo handling by 2.8% to 5...Nov 24, 2008

In January-October 2008, stevedoring companies of Ust-Luga commercial seaport (Leningrad region) handled 5.692.7 million tonnes of cargo (-2.8%, year-on-year), the port’s Administration states according to Interfax. Rsterminalugol and timber terminal Factor operate in Ust-Luga. Besides, Ust-Luga handles RosMorPort ferries working at Ust-Luga – Baltijsk...

Baosteel, China Shipping consider Yantai Port stakeNov 21, 2008

Yantai Port Group will invite Shanghai Baosteel Group Corporation, and China Shipping Group to participate in its restructuring, SinoCast Situated on the northern shore of Shandong Peninsula, Yantai Port is very important in terms of geological locations. In 2007, its cargo throughput exceeded 100 million tonnes. With total assets approaching...

Gateway Terminals moves 1m TEUs in eight monthsNov 21, 2008

Close on the heels of setting up a national record for operational productivity, Gateway Terminals India has completed handling of one million TEUs in the first eight months of the current fiscal year April 2008 to March 2009. GTI, the youngest port terminal at Nhava Sheva, achieved the milestone on November 20, 2008. The ...

Fangchenggang Port pots record throughputNov 21, 2008

The cargo import and export volume of Guangxi Zhuang Autonomous Region's Fangchenggang Port in the first 10 months of this year exceeded one million tonnes for the first time ever, Xinhua reported. Volumes for the period stood at 1.19 million tonnes, a 50.9 percent year-on-year surge and exceeding the total volume in 2007. Source: http://www....

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