Port News

Deepwater seaport to be built in Karelian BelomorskJun 6, 2008

Deepwater seaport is to be built in Karelian Belomorsk, press center of Karelian government cites Andrei Kyachin, Director General of Belomorsky Port CJSC as saying June 4 at the meeting of the work group dedicated to attraction of investments into Karelian economy. The port of Belomorsk is a new deepwater commercial seaport with an up-to date complex...

Oslo Marine Group signs contract with Schuppertbau Rus on repairs in t...Jun 6, 2008

Oslo Marine Group and Schuppertbau Rus have signed a contract on repairs in the port of Vyborg, the Group’s press center reports. Schuppertbau Rus is a Russian subsidiary of one of the largest German construction concerns cooperating with many European ports. Within the framework of the contract Schuppertbau is to repair concrete layer of the ground...

Omani port continues growthJun 6, 2008

The port of Salalah in Oman has announced another major expansion, boosting the potential of the port's bunker market. "The new berths will mean more customers,” a spokesman for BP Marine, the port's supplier, told Bunkerworld on Wednesday. Oman's government has signed an memorandum of understanding (MoU) with the Port of Salalah for the constructio...

Port Vysotsk exports 1.42 million tonnes of coal in Jan-May 08 Jun 6, 2008

In May 2008 stevedoring company Port Vysotsky LLC handled 188,632 tonnes of cargo, the company informs. In the 5-month period, port Vysotsk exported 1.425.5 million tonnes of Russia coal, a 256,000-tonne decrease year-on-year. The company attributes the decrease to reconstruction of berths and start of dredging work at the port’s approach canal and wit...

Throughput of commercial seaport Iljichevsk up 21.4% to 7.892 mln t in...Jun 6, 2008

In January-May, commercial seaport of Iljichevsk (Ukraine) handled 7.892 million tonnes of cargo (+21.4%, year-on-year), the port informs. In the reported period transshipment of general cargo amounted to 4.819 million tonnes (+40.7%, year-on-year) accounting for 61% of the port’s total throughput and demonstrating stable growth. Transshipment of ro-r...

Cosco tops Hutchison JV in Piraeus container terminal biddingJun 6, 2008

COSCO Pacific has submitted the top bid of EUR4.93 billion (US$7.605 billion) including a EUR4.305 billion down payment to operate the Piraeus existing Pier II container facility, earmarking EUR620 million for further investment. The port authority said it would examine the bids in detail before choosing one by the end of the month. Coming in se...

DP World takes control of underperforming Chennai box terminalJun 6, 2008

DUBAI's DP World has acquired a 100 per cent stake in the container terminal at Chennai Port in India for an undisclosed sum, after buying out its partner's shareholdings in Chennai Container Terminal Pvt Ltd. The company said in a statement that the main factors behind its decision to take ownership of the box terminal are moves to expand its t...

Ningbo-Zhoushan Port quarterly cargo tonnage surpasses ShanghaiJun 5, 2008

EASTERN China's Ningbo-Zhoushan Port, which combines the ports of Ningbo and Zhoushan, saw its cargo throughput tonnage rise 16.6 per cent year on year to 126 million tonnes in the first quarter, surpassing Shanghai's throughput of 125 million tonnes and growth of 7.4 per cent, becoming the largest port in China, Logistics Week reported. The third la...

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