The sum of the deal totaled $94.395 bn.The Novorossiysk Commercial Sea Port has closed a deal on purchasing a 22.57% share in IPP, JSC (handles diesel and bunker fuel and liquefied mineral fertilizers). According to the press-service of the company, as a result the port’s share in IPP grew from 72.65% up to 95.22%. the net profit – up to $56.3 mn. Sou...
In the first quarter of the current year the revenue of the Novorossiysk Commercial Sea Port by International Accounting Standards totaled $151.628 mn, the press-service of the port reports. EBITDA increased up to $95.7 mn, the net profit – up to $56.3 mn. Source: Portnews
In the first five months of 2008, the crude oil and petroleum products transshipment company Ventspils nafta terminals Ltd, which is a JSC Ventspils nafta subsidiary, has transshipped more than 5 million tons of crude oil and petroleum products or 0,1 million tons more than during an analogue period in 2007. In the period of January-May in 2008, the st...
There is only a tiny chance that all foreign ports serving the United States will be ready to apply controversial security legislation requiring the scanning of all containers before arrival into the United States by the July 2012 deadline, a new report commissioned by the World Customs Organization claims. U.S. Congress passed the law last July as pa...
The American Association of Port Authorities said its AAPA Congress of Latin American Ports will be held in Panama City, Panama, June 17-21. The conference will tackle the issue of providing global cargo movement while minimizing bottlenecks in the efficient flow of commerce with a focus on the Panama Canal expansion. It is timely -- even histor...
Dubai Ports World, one of the top three global marine terminal operators in terms of container throughput, announced it has been certified by the U.S. government for meeting the minimum-security guidelines of the Customs-Trade Partnership Against Terrorism. The Dubai-government owned company is the only foreign marine terminal operator enrolled in the...
Basra's ports of Umm al-Qasr and Khour al-Zubeir have received five ships carrying varied cargos, the public relations and media director at the State Company for Iraqi Ports has said. Today Umm al-Qasr port received two Panamanian ships carrying 294 containers and a varied cargo, Abdul Kareem al-Basri has stated. Three other ships arrived ...
MOL said it would begin calling at the Port of Jacksonville next month, six months ahead of schedule. In preparation for the opening of a new 158-acre terminal being developed by MOL's TraPac subsidiary at the Jacksonville Port Authority, the ship MOL Vision will begin calling on Jacksonville's Blount Island Terminal as part of its East CoastSouth China Ex...
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