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Expect the purchases of marine terminals by infrastructure equity fund investors to slow somewhat this year, as fund managers take stock of the changing dynamics in container trade. That was the message from Laurie Mahon, senior vice president and principal consult of PB Consult, who helped orchestrate the sale of Orient Overseas (International) Ltd.'...
A representative of the Port of Los Angeles said he expects March volume through the United States' busiest seaport to be significantly down. Our numbers in March will probably come in pretty horrific,?said Eric Caris, assistant director of marketing, at TOC Asia in Shanghai last week. The Chinese New Year was especially slow. I flew over the port las...
California's rush to impose local taxes on shipping containers took another step forward March 18, as the Oakland Board of Port Commissioners voted to enact fees passing through the city's port. In approving the container tax mechanism, the seven-member board did not specify how much would be charged, who would ultimately pay the tax, or when it would...
Regional and feeder ports will have to intelligently plan for how they will compete in a world of super-sized container vessels, said Boon Hoe Ooi, operations director for Portek International. We are seeing not just an increasing ship size, but an acceleration in the growth of the size of ships,?Ooi said at TOC Asia 2008 in Shanghai last week. Singap...
The Port of Busan said Friday that the new Hanjin terminal in Busan New Port will operate with 10 tandem lift quay cranes when it opens in Janaury 2009. The port said the tandem cranes, which can lift two 40-foot containers simultaneously, will boost crane productivity from 36 moves per hour to 54. The tandem cranes are currently in use at the Yangsha...
Less than 15 percent of inspected oceangoing vessels calling at California ports are capable of making proper emergency oil spill notification, according to state inspectors. Twenty-one of 164 vessels given spot inspections by state officials over the past three years were lacking the ability to make the notifications within the 30-minute time frame s...
The Port of Seattle has racked up a $257,000 legal bill in preparation for a U.S. Justice Department investigation into more than 50 counts of alleged fraud, waste and abuse in port contracting that were detailed in a Washington state audit of the port last year. The bill, which is mostly for research, interviews and preparatory court work, covers ser...
Construction and reconstruction In the port of Taganrog the reconstruction of northern pier with the creation of three universal berths is planned. Source: Seanews
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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