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Following the move of DP World, Gulftainer Company Limited is set to tighten its rules over incoming full containers and increase demurrage rates at Sharjah's terminals by as much as 275 per cent, starting next month, sources told Gulf News last week. The new rates, intended to prevent congestion and discourage use of the ports as long-term storage f...
Container shipping volumes handled by Hong Kong's ports in October declined 2.9 percent year-on-year to two million (TEUs), Xinhua reported. The Kwai Tsing container terminal, where the bulk of Hong Kong's shipping traffic is handled, recorded throughput of 1.56 million TEUs in the month, up 3.7 percent from a year earlier. Operators at Kwai ...
Gateway Terminals India has set an ambitious national record in operational productivity with MV Maersk Damietta doing 2706 moves in 15:55 hours. These 2706 moves comprised of 1461 discharge moves and 1245 load moves. This record feat was accomplished while continuing with smooth routine operations. The day witnessed 2336 gate-moves, truck tu...
Hanjin Shipping and JAXPORT have approved a thirty-year lease agreement that will see Hanjin build a US$300 million container terminal at the Dames Point Marine Terminal in North Jacksonville. Construction on the 90-acre container facility is scheduled for completion within two years, with the terminal open for business in late-2011. The new ...
In January-September, 2008, net profit of Taganrog Commercial Seaport OJSC amounted to RUR 23.722 million (-44.2%, year-on-year). In the reported period, the company’s revenue totaled RUR 211.490 million (-7%), pre-tax profit – RUR 35.719 million (-37.7%). Taganrog Commercial Seaport OJSC is a stevedoring company of the port of Taganrog. In 2007, the p...
Pakistan’s Customs authorities have failed to regulate the business of different container terminals in the country amid extraordinary fees, making imports very expensive, Business Recorder reported. Sources said that custom authorities have admitted the facts in different meetings with importers, but no summary was yet submitted to the governmen...
In January-September, 2008, net profit of Sea Port of St. Petersburg OJSC amounted to RUR 41.219 million against a loss of RUR 111.152 million a year ago, the ports materials read. In the reported period, the company’s revenue totaled RUR 931.006 million (up 1.3 times), gross profit – 1.4 times to RUR 108.530 million. Sea Port of St. Petersbur...
The Port of Long Beach inaugurated its first dedicated ship-to-shore power service during a Tuesday ceremony when the K Line container vessel Long Beach Bridge became the port抯 first ship to plug into shoreside electrical power. It marks the start-up of an $8 million project that installed electrical power connections at the International Tran...
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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