Port News

Port of Tallinn gets strategy until the year 2015 Jun 19, 2008

The supervisory board of the Port of Tallinn approved of the main directions for the enterprise’s strategy until the year 2015 at its meeting on Monday. According to the new strategy, the enterprise will increasingly focus on container transport, writes Postimees Online/LETA. In future the Port of Tallinn intends to form a regional container handlin...

Container ports of North Europe handled 34 mln TEU in 2007Jun 19, 2008

The development of container ports in North Europe is almost synchronic due to stable demand and equal competitive background of the region’s ports. That was a conclusion made by Austria-based Via Donau made at The Danube Summit-2008. Conference & Exhibition held in Romania this month, RZD-Partner informs. According to Gerhard Gussmagg, representative ...

COSCO wins bid for two terminals of Piraeus in GreeceJun 19, 2008

COSCO Pacific Ltd., a container-related subsidiary of China Ocean Shipping (Group) Company (COSCO), has won the operation of two container terminals of Piraeus Port of Greece. COSCO Pacific beat its competitor, a consortium formed by Hutchison Whampoa Limited , HPI, Sarl, Alapis, AEBE and AID S.A., by offering higher prices, EUR 4.3 billion (including ...

Taiwan’s Formosa wins $8b port contractJun 19, 2008

The Ha Tinh People’s Committee has granted the Taiwanese Formosa group a licence to build a steel complex and a deep-water port in the province in what will be the largest FDI project by investment in the country. To be built in the Vung Ang Economic Zone, 400km south of Ha Noi, it will involve an investment of US$7.88 billion in the first stage alone....

Hong Kong container throughput up 1.6 percent in May year-on-year to 2...Jun 19, 2008

Hong Kong's ports saw a 1.6 percent rise in container throughput in May year-on-year to 2.1 million TEUs. The bulk of the cargo was handled by terminals at Kwai Chung with throughput of 1.53 million, up 1.4 percent from a year earlier. Other terminals recorded throughput of 570,000 TEUs, up 1.9 percent from a year ago. In the first five months of th...

Ports of Leningrad region to handle 110-115 million tonnes of cargo th...Jun 19, 2008

In 2007, the ports of the Leningrad region handled 99 million tonnes, while this year they are to handle 110-115 million tonnes, Grigory Dvas, Vice-Governor of the Leningrad region said at international conference Safety of Ports and Multimodal Transport Complexes. According to Grigory Dvas, the port of Ust-Luga is to demonstrate the fastest growth in the...

Tug boats of Port Fleet CJSC successfully assisted the Mir sailing sh...Jun 19, 2008

Tug boats Leonid Bochkov, Petergof and Evgeni Kocheshkov (Port Fleet CJSC, St. Petersburg) have successfully assisted the Mir sailing ship (State Marine Academy named after admiral Makarov) in her way under Blagoveshchensky and Dvortsovy bridges of St. Petersburg. Russia’s famous sailing ship moored Russian at the Hermitage (Palace embankment of St. Peter...

McNeel to succeed Moynihan at Port of Richmond, Va.Jun 18, 2008

M. David McNeel has been selected as new executive director of the Port of Richmond, Va. He will succeed Martin J. Moynihan, who will retire July 31 after 18 years at the port.    McNeel was deputy director of operations for the Mississippi State Port Authority in Gulfport, Miss. He was responsible for the day-to-day operations related to vessel and te...

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