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India's Essar Group plans to develop a port facility for handling containers and a port terminal for liquefied natural gas (LNG). It is also establishing an all-weather port and jetty at Hazira in Gujarat for the import of iron ore, pellets, coal, limestone and the export of finished steel products, which will be able to handle 30 million tonnes of ca...
Imports at Iraq's main port have doubled since April, a result of the government's crackdown on Shiite militias in Basra province, port officials said. The Umm Qasr port, entry point for 80 per cent of Iraq's imports, is running at full capacity, with container ships having to double bank at the investment-starved facility's 22 berths, the officials s...
Syria's Prime Minister Mohammad Naji Ottari has officially inaugurated the Tartous International Container Terminal (TICT), which was taken over by Philippines-based International Container Terminal Services, Inc. (ICTSI) last October. The official opening signals a new era in terminal operations in the region, said Budhadev Majumdar, TICT general m...
DP World, a subsidiary of government-owned holding company Dubai World, is set to increase rates at its container terminal in the Indian port of Chennai by 10 percent from August 1. The current handling fee at the terminal is around US$58 per TEU. The initial increase was set to be 14 percent, but the Tariff Authority for Major Ports only allowe...
Royal Boskalis Westminster NV said on Wednesday it has won a 400 million euros contract for the redevelopment of Port Rashid in Dubai, to be carried out in a 50-50 joint venture with Belgian peer DEME. Boskalis said it will earn about 200 million euros from the project, with work to start in the near future and to be executed within a period of two an...
A.P. Moller-Maersk Group, the world`s largest container shipping group, has decided not to continue the lease of two docks after the expiration of the contract at the end of October, a move expected to deal a major blow to the harbor`s operation. After the discontinuation of the two docks, No. 118 and 119, Maersk will be left with only two docks, No....
Kernel Group, Ukraine’s top operator at oil-bearing market, has purchase a grain terminal in the port of Iljichevsk for $100 million, Interfax reports according to Gudok. According to the source, the Group has been operating at the terminal from June 30. According to the company’s representatives, legal formalities are to be completed by the end of the...
The Guangdong city of Zhongshan is set to invest US$47.5 million in a port project by Hong Kong-listed Chu Kong Shipping Enterprise (Holding), Zhongshan Shipping Enterprise Group and the Huangpu township asset operating company of Zhongshan. The port will have eight container berths, and the volume handled each year is expected to reach 200,000 TEUs....
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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