Port News

Slovenian port operator Luka Koper sees first half profit dive 27%Aug 14, 2008

Slovenian port operator Luka Koper reported Operating profit rose 21 percent to $24.3 million in the first half of 2008 compared with the previous year, but net profit plummeted 27 percent to $23.4 million. Operating revenue in the first half was US$103.4 million, up 14 percent year-on-year. The company said net profit dropped due to extraordinary rev...

Bulgaria offers use of Bourgas port for Georgian aidAug 14, 2008

Bulgarian Foreign Minister Ivailo Kalfin plans to offer the use of the port of Bourgas at the emergency meeting of European Union top diplomats that will, on August 13, discuss the conflict in South Ossetia, Dnevnik daily reported, quoting deputy foreign minister Milen Keremedchiev. Keremedchiev, as well as representatives of Bulgaria's secret service...

Kenya's Mombasa port to open 24 hoursAug 14, 2008

Kenya's government, under fire for long delays in moving goods through Mombasa port, has ordered its port at the Indian Ocean, the gateway to Uganda, to stay open permanently. Businessmen and neighbouring states praised the move by President Mwai Kibaki to speed up processing through Mombasa, which previously closed for 12 hours at night and throughou...

Operating profit at Dublin Port up 7% to €28.5mAug 14, 2008

Dublin Port Company brought home a €28.5 million operating profit in 2007, up 7 per cent on the year before, as growth in the volume of goods going through the port and a turnaround in ferry passenger numbers offset increases in council rates, writes Laura Slattery . However, chief executive Enda Connellan said the economic downturn meant trade throug...

Jawaharlal Nehru port resolves the pendency problemAug 14, 2008

The accumulation of uncleared containers within the port premises of Jawaharlal Nehru port, known as pendency problem, is no longer a matter of concern to shippers, shipping lines and others. The accumulation is currently estimated at 5,000 TEUs, lowest for this time of the year. It would normally be more than 10,000 TEUs on an average during this time in...

Slovenian port operator Luka Koper sees first half profit dive 27%Aug 14, 2008

Slovenian port operator Luka Koper reported Operating profit rose 21 percent to $24.3 million in the first half of 2008 compared with the previous year, but net profit plummeted 27 percent to $23.4 million. Operating revenue in the first half was US$103.4 million, up 14 percent year-on-year. The company said net profit dropped due to extraordinary rev...

Norwegian shipping company Odfjell SE posts 1H EBIT of USD82mAug 14, 2008

Norwegian shipping company Odfjell SE issued its report for the first half of the year on Wednesday (13 August), posting an operating profit (EBIT) of USD82m, as compared to USD135m in the first half of 2007. The decline was due to higher prices and a weaker US dollar. Revenues amounted to USD724m, up from USD605m in the first half last year. Earn...

China's ZPMC to supply Haifa port with 7 quayside container cranesAug 13, 2008

Three companies submitted bids - Kocks, ZPMC and Konecranes. The port has not yet released the name of the party to supply the port with 15 gantry cranes Two years after the publication of the €100M international tender for up to 22 cranes (7 quayside container cranes and 15 gantry cranes) for the Haifa's Carmel A container terminal, the port informed...

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