Landside freight movement to the Port of Tacoma will become easier thanks to the opening Wednesday of an overpass that separates commercial truck and motor vehicle traffic from railroad lines. The $24.5 million project was the result of a public-private partnership to improve access to the industrial Tideflats area. The East D Street project is part o...
Long delays into and out of Vietnam ports are making life difficult for carriers, said C.L. Ting, managing director of trade management for Hong Kong-based OOCL. It's a pain to call Vietnam, Ting said in an interview Tuesday with American Shipper in OOCL's Wan Chai headquarters, with delays lasting one to two weeks. It's unbelievable, he said. And...
ZIM Ports (2006) Ltd, a subsidiary of Israeli shipping company Zim, has acquired a 40 per cent share of Contarsa, the container terminal operator at the Spanish port of Tarragona, in partnership with the UAE's DP World, which has the other 60 per cent. Contarsa is a privately-owned company with an exclusive concession for the Tarragona Container Term...
Essar Shipping, Ports & Logistics (ESPLL) is planning to set up ports in Brazil, China and Vietnam to provide integrated support for its steel and power generation businesses there. Apart from catering to its own requirements, these ports will offer their services to other players, for better commercial viability. The Ruias-promoted company may talk to po...
The Minister of State for Commerce and Power, Mr Jairam Ramesh, has said that India would complete the prestigious project of rebuilding and expanding the Sittwee port in the Arakan region of Myanmar on the Bay of Bengal in four years by 2012, one year ahead of the current estimated schedule. Mr Ramesh, leading a high-level official delegation, on Monday ...
Chinese port operator Jinzhou Port Co., Ltd. today announced that it had gained approval from its board to issue 246 million shares in a private placement. All the shares will be acquired by its domestic peer Dalian Port Co., Ltd. for CNY 7.77 apiece in cash. The proceeds Jinzhou Port raises from the private placement will be about CNY 1.911 billion ...
The Port Commission of the Port of Houston Authority has approved $2.3 million in construction projects. At its June 24, meeting PHA Commissioners approved a construction contract to Jerdon Enterprise LP of Stafford for Woodhouse Terminal Access Control, for $1.28 million. The Port Commission also selected HPA Inc. to design the project. Me...
In January-May, 2008, joint throughput of Klaipeda port and Butinge Terminal grew by 29.3%, year-on-year, to 16.4 million tonnes, Statistics Department of Latvian Government reports. In the reported period, the port of Klaipeda handled 13 million tonnes of cargo (+19.1%, year-on-year). The terminal increased its throughput by 90.5%, year-on-year, to 3....
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