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Greece's Thessaloniki Port Authority (OLTH) said on Thursday that first-half net profit dropped 34 percent due to strike action which led to reduced revenues. Net profit at Greece's second-largest container port slipped to 4.3 million euros ($6.36 million) from 6.6 million in the same period last year, while sales fell 16 percent to 26.6 million euros...
The Board of directors of OJSC Vanino sea trading port (VSTP) made a decision to stop ahead of the schedule powers of the director general of the company Apollo Shengeliya. It is spoken about in the report of the port according to AK&M. The Board of directors accepted such decision under A.Shengeliya's application. Alfir Bogudinov is elected the new ...
A new record in single-day loading of iron ore pellets was set at Visakhapatnam Port on August 24. A total of 26,001 tonnes, with a gang-shift output of 2,167 tonnes of the pellets, was loaded on to the vessel m.v. Tai Hawk at West Quay-4. This surpassed the 16,772 tonnes, with a gang-shift output of 1,864 tonnes, loaded on to the vessel m.v. Annassa ...
The Phividec Industrial Authority (PIA) in the Philippines last week formally turned over the Mindanao Container Terminal (MCT) to Mindanao International Container Terminal Services Inc. (MICTSI), a subsidiary of International Container Terminal Services Inc. (ICTSI). MICTSI was granted a 25-year concession to run the 270,000-TEU capacity terminal in ...
The Port of Tauranga in New Zealand posted a net profit of NZ$42.1 million ($33 million) for its fiscal year ended June 30, a 14.1 percent increase. Container throughput for the 12 months rose 25 percent to 582,072 TEUs. Total cargo volume was up 7 percent at 13.5 million tons. Ports of Auckland last week announced an interest in purchasing Port ...
Terminal operator Dubai Ports World said profit after tax from continuing operations for the six-month period ending June 30 more than doubled to $287 million from $129 million in the same 2007 period. Revenue was up 32 percent to $1.6 million on a 21 percent growth in consolidated container traffic to 13.6 million TEUs. The Dubai-based company no...
The more than 100-member caucus of the International Longshore and Warehouse Union has approved sending a tentative West Coast waterfront contract to the union's more than 25,000 members for ratification. Copies of the proposed six-year contract with the Pacific Maritime Association have been sent to union halls at 29 West Coast ports for discussion w...
The Kerala Maritime Development Corporation has been entrusted with the task of overseeing the further development of ports in the state, The Hindu reported. The corporation has been restructured along the lines of maritime corporations in other Indian states. The Vizhinjam Container Transhipment Terminal project has been named a flagship venture,...
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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