Media
Media
JSC Passenger Port, part of the transport group Universal Cargo Logistics Holding (UCL Holding), has won the auction for state-owned common stock in North-West Shipping JSC, the Holding’s press office said. The 25.5-percent stake was sold for initial price - RUB 934m. North-Western Shipping Company (NWS JSC) is the successor to the North-West Shippi...
State-owned shares of Tuapse Commercial Sea Port (TMTP) were sold today at Rosimushchestvo public auction. The stake was purchased by Nafta-T Company, part of Universal Cargo Logistics Holding (UCL Holding), the Holding press office said. The winner has acquired a 25% stake (25% of common stock) in TMTP for initial price - RUB 1,612,109,000. Tuapse Commer...
MAASVLAKTE 2, the Port of Rotterdam expansion, is taking shape after 190 million cubic metres of sand have been sprayed on. Shortly, the new land will be protected on the western side against the sea by around six kilometres of dunes. Between February and the end of April 2011, the contractor will be planting four kilometres on the seaward side of t...
IN the biggest IPO Singapore has ever had, Hong Kong's Hutchison Port Holdings (HPH) intends to raise US$4.91 billion to $5.83 billion in a sale of the company's shares that would encompass its Pearl River Delta terminals including Hong Kong's. The newly established HPH Trust will acquire Hutchison's principal port assets in Hong Kong and Shenzhen in ...
The UK Port of Felixstowe has begun the testing phase of its new deep-water container terminal development known as Berths 8&9. The CSCL STAR, the first of five new ultra-large container ships joining the CSCL fleet in 2011 was tested at the UK’s newest container terminal during its maiden voyage from Asia. A limited number of discharge moves w...
Following accusations of fraud, bribery and “secret passageways” into buildings, Daniel Lucio Oliveiro de Souza the former president of Brazil’s port authority for Paranagua and Antonina (APPA) has been arrested following a two year federal police investigation. De Souza who was succeeded by Airton Vidal Maron in early January this year...
Hutchison Whampoa's ports' unit Hutchison Port Holdings is seeking to raise $5.83bn trust listing on the Singapore Exchange. HPH Trust has on Monday indicated a listing price range of $0.91-1$.08 per unit for the initial public offering (IPO), giving it a market capitalisation of $7.93-$9.41bn. The IPO aims to raise $4.21bn through the sale share and a...
SMUGGLED electronics valued at INR1.11 crore (US$24.5 million) have been seized and a man arrested by India's Directorate of Revenue Intelligence (DRI) near the Chennai airport at Meenambakkam. DRI sources said the 500-kilogramme consignment, declared as auto parts, reached the Chennai airport from Singapore by Singapore Airlines. Following a tip about ...
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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