The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today announced the appointment of Mr. Craig Rix to the Toronto Port Authority's board of directors as the federal representative, for a term of three years. "I am pleased that Mr. Rix has agreed to serve on the board of the Toronto Port Authority," said Ministe...
China Shipping Development Co. said last week that it plans to set up a 51-49 percent shipping venture with Shanghai International Port Group, Reuters reported. According to the story, a Hong Kong unit of China Shipping would invest $10.2 million in the venture, capitalized at $20 million, while a Shanghai International Port subsidiary would contribute...
The Busan Port Authority has issued $309.4 million in bonds to help develop the Busan Newport and an adjoining logistics park. The amount of the bond sale is 51.7 percent of the authority's total planned expenditure in 2008, BPA said in a statement. "The issuance was inevitable to implement planned large-scale projects as scheduled this year and (BP...
The Transport Ministry has ordered seaports to suspend loading coal for export amid mounting power shortages in China, the official Shanghai Daily reported. The newspaper said the severe winter, which has seen the greatest volume of snowfall in decades in some provinces, has led to coal transport bottlenecks, leaving many utilities in short supply of...
Port workers, longshoremen, truckers and others at the Port of Texas City will begin enrolling today in the Department of Homeland Security's Transportation Worker Identification Credential (TWIC) program. The program's goal is to ensure that any individual who has unescorted access to secure areas of port facilities and vessels has received a thorough ba...
The warehouse at the South Locust Point terminal is 30 feet high and has 12 loading docks and can hold as many as 10,000 rolls of paper. If stretched, each large paper roll would span 12 miles in length. The facility was built as part of a six-year agreement between the Maryland Port Administration and Finnish paper company M-real, which has committed ...
Electronic Data Systems has won its second large contract this week, a 12-month pilot project with the Victorian Department of Infrastructure to run a trial of its new systems integration technology. On Monday, Plano-based EDS said it had a new contract with R.J. Reynolds Tobacco Co., which will see the technology firm managing Reynolds' IT infrastruct...
The closure of the container station in Piraeus is one of the options the Piraeus Port Authority (OLP) is examining should the port workers and truck drivers’ strike mean storage space is full of cargo. Already the container station has over 5,000 units stored there, its total capacity being 15,000. OLP sources said yesterday that if in the next 10 to...
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