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Colombo Dockyard, Sri Lanka's sole listed ship builder, said Thursday its March quarter net profit went up 22.5 percent to 245 million rupees from 200 million rupees a year ago. Revenue rose 49.6 percent to 2,968 million rupees from 1,984 million rupees in the same period a year ago, according to stock exchange filing. The yard delivered two anc...
The company that runs India’s biggest private sector port, Mundra Port and Special Economic Zone Ltd, reported a 12.4% increase in net profit for the year to March, boosted by strong demand for importing raw materials and exporting finished goods. Owned by billionaire Gautam Adani, the firm said its net profit rose to Rs210.42 crore in 2007-08 from R...
Novorossiysk Commercial Sea Port OJSC has announced the completion of a transaction on acquisition of a 22.57-percent stock of IPP OJSC, the company informs. IPP OJSC specializes in transshipment of cost-effective cargoes including diesel fuel, bunker fuel and liquid mineral fertilizers. The deal increased the share of Novorossiysk Commercial Sea Port in ...
Construction on Vietnam's newest container port, the Cai Mep International Terminal Co Ltd (CMIT) container facility, began yesterday. The groundbreaking ceremony for the new terminal was held onboard a vessel overlooking the CMIT construction site on the Cai Mep River in Ba Ria-Vung Tau Province's Tan Thanh District. The new terminal is due to ...
Lyttelton Port Co has lifted its full year profit forecast to between $10 million - $10.5 million on the back of strong trade volumes and lower than expected costs.Strong trade volumes in recent months and lower than expected costs have enabled Lyttelton Port Co to lift its full year profit forecast. The company today said it was projecting net profi...
In 2008, Commercial Seaport of Taganrog (TNTP OJSC) plans to invest RUR 1.5 mln into equipment of its port fleet with Global Maritime Distress and Safety System, the company informs. Within the framework of a program for the port’s technical upgrading and development in 2008, TNTP plans to invest RUR 2.7 million into expansion of bulk cargo storage facili...
HHLA Container Terminal Tollerort (CTT) is boosting its handling capacity by taking into service a new on-dock rail container terminal. Containers can from now on be loaded here directly on to block trains. In addition, CTT is opening up for intermodal services. This produces improvement all along the logistics chain. The new CTT rail terminal forms p...
Port of Oakland officials said the sagging U.S. economy, bad investment decisions, and environmental expenses will require about $18.6 million in cuts from the port's fiscal year 2009 budget -- including cutting about 10 percent of its staff. The port authority, which oversees the maritime port and Oakland International Airport, said it is facing a nu...
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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