In January-April, 2008, commercial seaport of Izmail (Ukraine) increased its throughput by 4.7%, year-on-year, to 2.6 million tonnes. According to the port’s administration, the port handled 906,000 tonnes of transit cargo (+9.6%), RBC reports. Transit of coal grew by 7%, rolled metal – by 31.1%, fertilizers – by 6.4%. Transshipment of export coke grew by...
In January-April, 2008, throughput of Big Port of St. Petersburg grew by 6%, year-on-year, to 18.6 million tonnes, the port’s administration informs. In the reported period transshipment of dry bulk totaled 2.9 million tonnes (+9%, year-on-year), loose bulk cargo - 138,500 tonnes (-24%, year-on-year), general cargo 4.8 million tonnes (+5%, year-on-year). ...
TUI AG, the German tour operator planning to split off its Hapag-Lloyd freight line, reported a higher first-quarter loss after excluding earnings from the container shipping unit as discontinued operations. The net loss attributable to shareholders was 166.8 million euros (S$357 million), or 69 euro cents per share, up from 117 million euros, o...
A consortium led by private infrastructure major Lanco Infratech has won the bid for the US$1.9 billion Vizhinjam container port project in Kerala. Lanco Infratech, which tied up with Malaysian company Pembinam Radzai outbid other contenders like Videocon, Gammon and Apollo Enterprise to win the project. The project is proposed to be developed a...
Southern California ports can expect a single-digit uptick in cargo volumes this year. But continuing sluggishness in the national economy, ongoing labor negotiations, rising fuel prices and new federal security measures could send the year's overall performance into a tailspin, according to a leading regional economic group. In a study released...
The Thessaloniki Port Authority said three of the largest port operators in the world have submitted bids to operate the container terminal at Greece's second largest port. They are: The COSCO Pacific Ltd. subsidiary of China Ocean Shipping Co. A consortium that includes Dubai Port World's Peninsular & Oriental Steam Navigation Co. su...
A new ocean observing system has been installed in the port of Pascagoula, Miss. by the National Oceanic & Atmospheric Administration that is aimed at helping improve navigation. The new Physical Oceanographic Real-Time System (PORTS) provides observations of water levels, currents, salinity, wind speed and direction, and bridge clearance through an easy-...
Guangzhou Port's first quarter container throughput surpasses Port of Kaohsiung, which is likely to fall out of the world's top 10 box port rank this year, and the world's seventh largest port of Rotterdam, Logistics Week reported. Guangzhou port, China's fifth and world's twelfth largest box port in 2007, handled 2.79 million TEU during the first qu...
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