Media
Media
Novorossiysk Commercial Sea Port (NCSP OJSC) has announced acquisition of shares of Lomonosov Cargo Terminal CJSC. According to the company’s release, (NCSP OJSC) purchased 50 shares making 50% of the company’s authorized capital. The transaction was signed on May 1 2008 with the maturity on August 1 2008. The seller was Frameno Limited, guarantor - ...
In 2007, net profit of Nakhodka Oil Seatrade Port OJSC amounted to RUR 2.825 million against RUR 27.322 million of loss in 2006, the company’s report reads according to Interfax. In the reported period, pre-tax profit made RUR 3.237 million against RUR 28.967 million of pre-tax loss in 2006. The company’s proceeds fell by 25.5% to RUR 239.969 million...
In January-April 2008, commercial seaport Yuzhny (Ukraine, Odessa region) handled 2.5 million tonnes of cargo (+43.3% against plan), Yuri Kruk, the head of the port informs according to RBC. Cargo handling at the berths of the state company (excluding stevedoring companies) exceeded the plan by 46.7% making 1.57 million tonnes. In particular, the sec...
Qingdao Port (Group) Co., Ltd., in North China's Shandong Province, plans an initial public offering on the renminbi-denominated stock market in 2008, said Chang Dechuan, chairman and president of the company. The company has submitted an IPO application to the China Securities Regulatory Commission (CSRC), the nation's securities regulator, and will invi...
Aktau International Commercial Seaport borrows 4 billion tenge for dredging works within the framework of a project aimed at expansion of the port. The scope of dredging work at approach channels and within the water area is estimated at 1.6 million cubic meters. The port of Aktau is located at the eastern shore of the Caspian Sea. It is the only seapo...
The world's longest cross-ocean bridge was inaugurated Thursday in Shanghai, as the Hangzhou Bay Bridge, which links Jiaxing near Shanghai with the port city of Ningbo to the south, was opened for a trial run. From a cargo standpoint, the new 22-mile-long, S-shaped bridge could be very significant, as it will cut travel distance between Shanghai and N...
Lars Karlsson will step down as managing director of Copenhagen Malm?Port AB after next year's general meeting to develop its business in the Baltic Sea region. The potential for development in the Baltic is great, and nobody is better suited to take on this challenge than Lars Karlsson, said Bengt Madsen, chairman of the CMP board. CMP was formed...
Dublin Port Company says it will go ahead with a planning application to fill in a section of Dublin Bay in a massive port expansion project, despite the announcement of special protection order. The Department of the Environment have confirmed that the area of Dublin Bay covered by the order will be increased by 30%. It is understood that the bay...
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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