Port News

Dubai Ports World to build 10 billion container terminal at Port QasimMay 21, 2008

The Dubai Ports (DP) World is constructing a new container terminal with a draft capacity to accommodate mother ships at Port Qasim at an estimated cost of 10 billion rupees. A portion of the terminal would be financed by a banking syndicate under the Islamic finance facility. According to sources, the international port developer was building the QI...

'K' Line starts direct calls to Aqaba Container TerminalMay 21, 2008

The giant Japanese shipping company, 'K' Line has called Aqaba Container Terminal this month through one of its main line vessel M.V 'Durban Bridge'. “To have a leading Japanese shipping line start direct calling ACT further enhances our leading position and highlights that the terminal is becoming the number one choice in the region for many global ...

Throughput of Vladivostok Container Terminal up 37% to 72,529 TEU in J...May 21, 2008

In January-April, 2008, Vladivostok Container Terminal handled 72,529 TEU (+37%, year-on-year), the company informs. Transshipment of export containers grew by 54% to 30,635 TEU, import- by 35% to 25,3585 TEU, coastal trade containers – by 18% to 16,536 TEU. In April, 2008, VCT handled 18,505 TEU (+6%, year-on-year) including 7,369 TEU of export conta...

Burgas-Alexandroupolis project members agree to hike budget May 21, 2008

The Executive Board of the international special-purpose entity (SPE) Trans-Balkan Pipeline B.V. has resolved 10 out of 12 issues regarding the implementation of the Burgas-Alexandroupolis oil pipeline project during its first ever meeting held in Amsterdam on May 15, head of the Executive Board, the company's President Sergei Vinnichenko told RBC on Mond...

Qingdao Port throughput exceeds 100 million tonnes in Q1May 21, 2008

By the end of April, Qingdao port's cumulated throughput in the first four months of this year has surpassed 100 million tonnes, rising 15 per cent year on year, Logistics Week reported. The report said Qingdao port's capacity takes up only 1.8 per cent of the aggregate port capacity in China, but its throughput tonnage was 6.9 per cent of the nation...

Freeport of Riga to build multifunctional transshipment complex at Kri...May 21, 2008

On Friday, public discussions started in the Freeport of Riga on the development of the Krievusala area, the port informs. The project envisages the following engineering: land reclamation and construction of four berths along Daugava river (205 meters) as well as three berths along Hapaku canal (180 meters). Besides, the port plans expansion and reconstr...

Objects of port-type SEZ to be presented in Vladivostok at Pacific Eco...May 21, 2008

In the framework of the second Pacific economic congress, which will be held in Vladivostok on July 26-27, several significant projects, realized in Primorye, will be presented. It is a presentation of design and construction of objects of the APEC Summit 2012, gambling zone and special economic zone of port type. As the press-service of the Primorsky ...

Throughput of Ventspils naftas terminals up to 4.74 million tonnes in ...May 20, 2008

In the first four months of 2008, transshipment volumes at the crude oil and petroleum products transshipment company Ventspils nafta terminals Ltd, which is a subsidiary of the joint stock company Ventspils nafta, has come close to 5 million tons of crude oil and petroleum products, by reaching 4.74 million tons. That is 0.31 million tons more than in th...

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