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The owner of Australia's biggest coal terminal has confirmed it is considering selling part of the asset. Babcock and Brown Infrastructure operates the Dalrymple Bay terminal, south of Mackay. A spokeswoman for the company says they have had a number of recent offers to buy up to a 49 per cent stake in the terminal. She says it will be at...
The European Investment Bank is holding talks with Hutchison and Cosco in respect of funding their investments respectively in the ports of Salonika and Piraeus. The Bank has already agreed a loan of €100 million with the Port Authority to extend the sixth pier at Salonika, although this is now not expected to proceed following a revamp of the pl...
In October 2008, the port of St. Petersburg handled 5.398 million tonnes of cargo (+3%, year-on-year), Administration of the Big Port of St. Petersburg SUE reports. In the reported period, transshipment of dry bulk amounted to 874,100 tonnes (+6%, year-on-year) including 60,700 tonnes of ore (+28%, year-on-year), 229,400 tonnes of coal and coke (up 2.1...
Six new RTG (rubber tyre gantry) warehouse container transfer cranes have been put into service at OJSC Petrolesport’s specialized container terminal. The equipment was fabricated by the Finnish company Konecranes Heavy Lifting Oy, one of the largest suppliers of port equipment to Russia. The total cost of the new transloaders was about 8.2 million euros...
A campaign to address the global shortage of seafarers, especially officers, which threatens the very future of the international shipping industry, has been launched by the International Maritime Organization (IMO) in association with the International Labour Organization, the Round Table of shipping organizations - BIMCO, ICS/ISF, Intercargo and Interta...
Hamburg’s biggest container terminal operator increased third-quarter operating profit by almost 20 percent from a year ago on flat volume growth, but warned of a less-than-certain outlook for 2009. Majority port-owned Hamburger Hafen und Logistik AG, which had its initial public offering on the Frankfurt stock market in November 2007, said earni...
Port of Tallinn cancelled the tender to broaden the port of Muuga, since it’s difficult to get loan money and no agreement has been reached with Chinese to operate in the port. Post of Tallinn based the cancellation on the change of important technical and economic parameters, Postimees.ee reports. Due global economic downturn and financial c...
Odfjell SE has decided that all its owned, managed and time chartered ships that normally would sail through the Gulf of Aden will be routed via the Cape of Good Hope. - We will no longer expose our crew to the risk of being hijacked and held for ransom by pirates in the Gulf of Aden, says Terje Storeng, President/CEO of Odfjell SE. - Unless we are e...
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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