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According to the data of the Central Statistical Bureau, cargo turnover at ports in January – March 2008 reached 16.8 mln tons, what is 12.7% more if compared to the 1st quarter of 2007. In 2008 15.4 mln tons were loaded at ports, what constituted an increase of 16%. In January – March 2008 6.2 mln tons of oil products were loaded at ports, what compa...
AMB Property Corp. (AMB) on Tuesday announced it has acquired an industrial complex near the Port of Hamburg comprising more than 930,000 square feet of existing buildings and 16 acres of land capable of supporting approximately 414,000 square feet of additional development. Kuehne + Nagel, an AMB global customer, leased approximately 402,000 square feet ...
Partnership Will Increase Trade, Facilitate Information Sharing and Promote the All-Water-Route Virginia Ports Prepared for Canal Expansion PANAMA CITY, April 29 /PRNewswire-USNewswire/ -- In a strategic move, the Panama Canal Authority (ACP) and the Virginia Port Authority (VPA) reaffirmed an alliance that will help to increase growth and trade, fa...
Terminal company COSCO Pacific reported first quarter net profit of $67.4 million compared to $57.8 million in the same 2007 period, a 17 percent increase. The first quarter results include $44.1 million from jointly controlled entities and associates compared to $42.8 million in the same 2007 quarter. Revenue for the quarter was $73.6 million up ...
APM Terminals has agreed to sell its stake in a Pakistani container terminal to rival Dubai Ports World. Dubai-based DP World is the majority stakeholder in the Qasim terminal in Karachi, Pakistan's biggest city, but APM owned a 20 percent stake. Financial details of the sale were not disclosed. Source: American Shipper ...
APM Terminals has assumed operational and management responsibility for Cear Terminal Operator (CTO), becoming the majority shareholder in the stevedoring and container terminal operating company at the Port of Pec, in Northern Brazil. Brazil-based Unilink Transportes Integrados holds the minority stake in CTO, which was established as a consortium at...
Indian ports are running at nearly their full designed capacity, according to a report released by Ernst & Young last week. Titled Transforming Indian Ports into World Class Facilities, the report said the ports are running at 90 percent of capacity and need better information technology systems to handle current throughput, much less the volumes proj...
Qatar Petroleum, the world largest LNG-producer, and Port of Rotterdam, Europe’s main energy port, will start up a long term strategic co-operation. This is announced during the visit of H.H. Sheikh Hamad Bin Jassim Bin Jabr Al Thani, Prime Minister and Minister of Foreign Affairs of Qatar to The Netherlands. Qatar Petroleum has the intention to furt...
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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