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Tianjin's Dongjiang Bonded Port Area, one of the four Chinese Bonded Port Areas, is scheduled to commence operation on December 8. The four-kilometre long facility includes six berths costing US$891 million with an aggregate capacity of 4 million TEU, and covering a quay length of 2,300 metres. Quay cranes and gantries have been installed and test ru...
The Guangdong Province Shippers' Association in China, has called on shippers, traders and forwarders to refuse to pay the 340 per cent increase in terminal handling charges (THC) imposed by international shipping organisations. The association also said its members retained the right to withdraw the previous THC payments. At a meeting called "Seminar...
According to PortWorld, North Africa's ports could challenge European ports for regional container transshipment traffic. Lower labour costs and fewer environmental restrictions - 2 factors boosting North Africa's competitiveness. The port of Tangier (Morrocco) is a leading potential rival to European transshipment hubs. It should be pointed out, that M...
DP World (DPW.DI: Quote, Profile, Research), the container port handler forced to sell its U.S. assets over security concerns, said on Monday it was considering making acquisitions in the United States. "We are reviewing it," said Mohammed Sharaf, DP World's chief executive officer, when asked about the possibility of buying in the United States. "We ...
In 2007 the throughput capacity of Chinese ports might exceed 100 mn containers, reports the international radio of China. According to the Chinese Ministry of Communications, by the year of 2020 the total cargo handling capacity of Chinese ports will have doubled. Source: Seanews
During the period from January, 1 up to November,26 of the current year cargo turnover of the Vladivostok Commercial Sea Port amounted to 4 203 thousand tons. It is 0.3% more than it was planned to do by the end of this year. And it is a 4% plus over the last year result. Export cargo handling totaled 1 640 thousand tons, import - 1 555 thousand tons, ca...
Treasury Secretary Henry M. Paulson Jr. will lead a delegation to China next month for the next meeting of the U.S. China Strategic Economic Dialogue. Paulson will be joined by Commerce Secretary Carlos Gutierrez, Health and Human Services Secretary Mike Leavitt, U.S. Trade Representative Susan Schwab, Environmental Protection Agency Administrator St...
Russian Railway, JSC is planning to build a container terminal in the Far Eastern region. This was announced by president of the company Vladimir Yakunin, reports RIA Novosyi. "We are negotiating on area purchasing in Far East to build a container terminal there", - said he. Besides, in the next future the company intends to buy a 5% share in the ...
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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