Authority wants to take over mega-project even after recent WTC debacle The Port Authority is still exploring a potential role as developer of Moynihan Station, despite recent revelations that the mega-project the authority is currently overseeing, the rebuilding of the World Trade Center site, is likely billions of dollars over budget and years behin...
Cost estimates for the proposed container terminal at Diamond Harbour on the Hoogly, 40 kilometres downstream from Kolkata, have more than doubled to INR12.3 billion (US$2.8 million), reports India's Business Standard. The Kolkata Port Trust (KoPT) was expected to float request for bids for what stacks up on paper to be a 1.6 million TEU capacity term...
Sea Port of Saint Petersburg OJSC (Seaport SPb) insured the property, cumulative limit of responsibility - more than 200mln rbl, AK&M reports. As they say in the report of the port, the contract on rendering of insurance services, as a result of the lead tender, has been signed with the company Ingosstrakh. Property of the First, Second and Fourt...
Israeli container shipping line, Zim Integrated Shipping Services Limited, has been allocated space at the new US$248 million Western Berth at Jamaica's Kingston Container Terminal. Port Authority of Jamaica (PAJ) president Noel Hylton said Zim has a 10-year agreement with PAJ to use Kingston as a hub. The new berth marks phase five of the port's ...
PT Jakarta International Container Terminal (JICT) has said it will invest US$166 million to expand its terminal to be able to handle up to 3 million TEUs of container in 2011. JICT President Derek Pierson said US$100 million of the investment would be for terminal infrastructure - expansion of piling square and parking place and installation of on li...
Russian Transport Lines (RTL) has started reception of cargo in the Forth district of Big Port of St. Petersburg, the company informs. RTL Group is now entitled to use a 15,000-m2 plot of the Forth district within Big Port of St. Petersburg. This area will be used for storage of automobiles delivered to the territory of RTL terminal in Sea Fishing Por...
The U.S. Department of Interior will allow the state of South Carolina free access to an ocean dredge disposal site for filling in the foundation of a new container terminal at the Port of Charleston. The no-cost lease to tap the dredge site will save the state $40 million, the South Carolina State Port Authority said Monday. The sand and silt will be...
Hon Hai group, also known as Foxconn group, plans to invest in southern Taiwan's Kaohsiung port, the Economic Daily News reported, citing unidentified port officials. Group products from Vietnam and China's Guangdong province will be assembled in the free trade zone of Kaohsiung before being shipped out. Kaohsiung will be the group's global shipme...
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