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Owned by the Azerbaijan State Oil Company (ASOC), the Kulevi Oil Terminal (Black Sea Terminal) will be the largest oil terminal in South Caucasus, according to ASOC president, Rovnag Abdullayev. Georgian President Mikhail Saakashvili said that Georgia had become a corridor to transport Azerbaijan's energy resources to Europe. Kulevi will become Georg...
India's Lanco Infratech Limited has landed its bid to develop the US$2 billion Vizhinjam International Container Port in the state of Kerala. Lanco is partnering with Pembinan Radzai Sdn. Bhd (PRSB), Malaysia to undertake this project. The Vizhinjam port, 16 kilometres south off Thiruvananthapuram, is expected to attract a fair share of the container...
In January-April, 2008, the port of Aktau (Kazakhstan) handled 3.38 million tonnes, the company informs. In the reported period, transshipment of oil cargo amounted to 2.764.8 million tonnes, other cargo - 13,700 tonnes. Transshipment of ferry cargo made 74,900 tonnes. Transshipment of metal goods exceeded 488,900 tonnes, goods - 44,900 tonnes. The por...
Foreign ministers of Thailand and Myanmar early Monday signed a memorandum of understanding (MoU) to develop Myanmar's Tavoy deepsea port and related infrastructure projects designed for facilitating goods transport from Europe and the Middle East. The MoU was signed by Thai Foreign Minister Noppadon Pattama and his Myanmar counterpart Nyan W...
Sohar Industrial Port Company, a joint venture between Oman and the Port of Rotterdam, has signed a land lease agreement with Brazil's mining giant Companhia Vale do Rio Doce (Vale) for an iron ore plant in Oman. The project is subject to Vale's board approval. The production of iron ore pellets in Sohar is planned to commence in the second half of 2...
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...
Port of Los Angeles Commissioners approved a port-access licensing scheme Thursday that will replace independent owner-operator drayage drivers servicing the port with an hourly employee workforce by the end of 2013. The licensing scheme, approved unanimously by the five-member board, is a key component of a $2.2 billion truck re-regulation plan that ...
COSCO Pacific said volumes at its container terminals in April were up 19.6 percent to 3.75 million TEU, compared to the same period in 2007. Volumes through April were 14.15 million TEUs up 21.5 from the first four months of 2007. COSCO Pacific operates 20 terminals: six in the Bohai Rim, six in the Yangtze River Delta, and five on the Pearl Rive...
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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