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Hong Kong's Hutchison Port Holdings (HPH) has entered into an A$200 million (US$177.96 million) investment to lease two new container berths, 11 and 12 from the Port of Brisbane Corporation (PBC) for 42 years, according to Shipping Gazette. Brisbane Container Terminals (BCT), a wholly-owned subsidiary of HPH, has been established to operate the new co...
Panama Canal Authority (ACP) vice president of Research and Market Analysis Rodolfo Sabonge forecasts that the new lane of traffic to be built on Panama Canal will greatly influence world trade and US ports in particular, according to Shipping Gazette. These ports should be ready for larger and bigger ships that will go through the expanded Canal - an...
The growth in container handling at the German North Sea ports is continuing unabated. In 2007, EUROGATE, Europe's leading container terminal logistics group, increased its container handling Europe-wide by 10.6 per cent. A total of 13.9 million TEUs were handled altogether at nine terminal facilities. The German terminal locations posted a double-digit g...
The aggregated throughput of NCC’s terminals in January, 2008 amounted to 129,411 TEU which is an increase of 16.5% compared to January, 2007. FCT, Saint-Petersburg The throughput of First Container Terminal (FCT) in January, 2008 increased by 19.5% compared to January, 2007 and reached 81,096 TEU. The reefers turnover remained at high level of 9...
Port of Singapore Authority (PSA), one of the world’s largest port operators, has reportedly bought 49 per cent stake in ABG Infralogistics’ subsidiary, ABG Kolkata Container Terminal, Exim News Service reported. It is learnt that PSA is also looking to acquire a stake in another wholly-owned subsidiary of ABG—ABG Kandla Container Terminal. PSA al...
As the Port of Tacoma grows, our success will be based on three factors: We have to take care of our customers, build a foundation for growth and be a good neighbor, said Port of Tacoma Executive Director Timothy J. Farrell. With these factors in focus, the Port of Tacoma has announced a shift of management responsibilities. Our growth plans, cu...
At a special Port of Tacoma Commission meeting on Feb. 14, Port of Tacoma Commissioners authorized entering into a Memorandum of Intent with the Puyallup Tribe, Marine View Ventures and SSA Marine that focuses on cooperation and coordination of new terminal development on the Blair-Hylebos Peninsula. Marine View Ventures is the economic development arm of...
A United Arab Emirates-based maritime company at the center of a furious controversy over port security bowed to pressure from Congress yesterday and announced that it will sell off its U.S. operations to an American owner. The announcement, issued by Dubai Ports World Chief Operating Officer Edward H. Bilkey, came hours after House and Senate GOP lea...
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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