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According to Mr. Igor Vilinov, CEO of NCSP, Key financial indicators continued to grow in the first quarter of 2007. Revenue reached $151.6 million in comparison with the same period last year, EBITDA grew to $95.7 million, net profit increased to 56.3 million (consolidated unaudited financial results). An important growth factor for the company in the fi...
The Transportation Security Administration is under fire again from Congress for problems with its program to distribute tamper-proof identification cards for access to secure areas of ports and vessels by maritime industry workers and service providers. According to House Homeland Security Chairman Bennie Thompson, D-Miss., the Help Desk for the Tran...
Total freight traffic last year through U.K. ports reached 581.1 million tons, down marginally from the 583.7 million tons that passed through in 2006, according to provisional U.K. Department for Transport statistics. More than 97 percent, or 565.8 million tons, went through the 52 of the country's largest ports. Inbound traffic fell 1.9 percent to 3...
The Port of Los Angeles, in its second move toward breaking a five-year construction moratorium on major development at the nation's largest port, has released environmental documents for a proposed 4-million-barrel crude-oil terminal. Port and U.S. Army Corps of Engineers officials Thursday released the Draft Supplemental Environmental Impact Statement/S...
The Washington state Port of Vancouver's governing board Wednesday authorized $2.8 million to purchase a second mobile harbor crane. The unanimous vote authorized Executive Director Larry Paulson to develop and advertise a request for proposals for the new crane. The new crane is expected to meet specifications similar to the Liebherr mobile crane the...
The U.S. Federal Maritime Commission intends to expeditiously complete its review of the Clean Air Action Plans of the ports of Los Angeles and Long Beach, said Commissioner Harold J. Creel, noting because of their size and influence, the San Pedro ports' approach could well establish a broader precedent. Issues concerning the public health consequence...
Dubai Ports World is buying out its joint venture partners in its Chennai container terminal, the Hindu Business Line reported Wednesday. The Dubai-based terminal operator, one of the biggest foreign investors in Indian ports, held a 75 percent stake in the terminal, but will over the next two weeks buy out the remaining 25 percent from its two partne...
China's Tangshan Port Group (TSP) intends to list on the A-share market and boosts port development in the Caofeidian area in the province of Hebei. The group will integrate the current Jingtang Port and coal collussus Caofeidian Port, both to the southeast of Tangshan city, into Tangshan Port. The proceeds from the IPO will be used for port development i...
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
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