Deutsche Post World Net will receive a repayment of around €1 billion after the European Court of the First Instance in Luxembourg overturned a 2002 decision by the European Commission that ordered DPWN to repay €907 million in purported state aid and interest. At the time, the European Commission determined that between 1994 and 1998 Deutsche Post h...
Nakhodka Sea Fishing Port to pay RUR 7.108 mln as dividends for 2007 (RUR 5.15 per share), the company’s shareholders decided on at the general meeting held on June 25, the port informs. In 2007, the port’s net profit totaled RUR 15.248 million. Source: American Shipper
Novorossiysk Commercial Sea Port declares about beginning of the new grain crop acceptance at Novorossisk grain terminal (the subsidiary of Novorossiysk Commercial Sea Port) for export transshipment, AgriMarket.info cites the port’s media-department according to RZD-Partner. Since July 1, 2008, the government of Russia has canceled the export duties ...
U.S. Customs and Border Protection agriculture specialists reported a one-day record of 21 pest interceptions on bananas, pineapples and other fruit originating in Central America and delivered aboard ships to Philadelphia, Wilmington, Del., and Camden, N.J., marine terminals on June 18. The three ports are part of CBP's Philadelphia port district. ...
HHLA Container Terminals GmbH (HHLA CT), the sub-holding company of the largest segment in the German group Hamburger Hafen und Logistik AG (HHLA), has made three appointments to its management board. The three new managing directors are existing senior HHLA managers: Heinrich Goller, one of the two managing directors of HHLA Container Termina...
The Port of Oakland's has received responses from nine private firms, including ocean carriers, financial institutions and terminal operators, seeking to operate and improve a major cargo facility at the port. The area up for bid encompasses 4,500 feet of berth and 150 acres of container storage area at berths 20 through 24. The proposed cont...
The Virginia Port Authority said its operating company, Virginia International Terminals Inc., has signed its largest customer to a 10-year contract valued at more than $500 million. The deal is with a consortium comprising five carriers: COSCO, K Line, Yang Ming, Hanjin Shipping Inc. and United Arab Shipping Co. COSCO, K Line and Yang...
The French shipping company CMA CGM, in collaboration with the Chinese line China Shipping, will be launching a new service (FAL 4) between the Far East and Northern Europe at the beginning of July. Rotterdam will be the last loading port in Europe before the ships return eastwards. The service is the 27th container service for Rotterdam, which represent ...
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