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As expected, President Bush has vetoed the 2007 Water Resources Development Act (HR 1495), which would authorize critically needed legislation to advance water resources projects throughout the United States, including those that would improve navigation, repair hurricane damage, restore wetlands and prevent flooding. In response, America's seaports and rela...
Business at the Port of Boston rose 10 percent between January and October compared to the same period last year, the Massachusetts Port Authority said yesterday. Massport said the increase can be traced to the June modernization of its Conley Container Terminal in South Boston, which allows it to handle increased retail shipments from Asia more quickly. ...
Hamburger Hafen und Logistik shares jumped by 16.8 percent to 61.95 euros on their first day of trading, up from the price of 53 euros set for second biggest initial public offer in Germany this year after engine maker Tognum raised almost 2.0 billion euros earlier. HHLA made some 1.17 billion euros (1.69 billion dollars) from the listing of about 30 per...
Danish shipping giant Maersk proposes to construct an inland container depot (ICD) near Chittagong port in a bid to ease congestion in Bangladesh’s biggest port, according to Shipping Gazette quoting Thomson Financial. To be built over a 25-acre area, the proposed ICD, likely to be commissioned next year, is estimated to cost $20 million. The Chittagong port...
The international port operator DP World of Dubai, which owns and operates a container terminal at Mundra through P&O Ports, has approached stock market regulator SEBI with a string of complaints against Mundra Port & SEZ. The Adani-owned Mundra Port is currently in the market to raise around Rs 1,750 crore, the first initial public offer (IPO) by a loca...
Sea Port of Saint-Petersburg, JSC signed an agreement with international company Royal Haskoning to project container terminal at the area of the Forth stevedoring company. According to the press-service of the port, Royal Haskoning was chosen to be the chief designer due to the results of the tender. Due to the contact Royal Haskoning will project t...
In January-September of the current year cargo handling of the Vladivostok Commercila Sea Port on the Korean Direction totaled 862 thousand tons. These data were announced by Vyacheslav Ekimtzev, deputy director of the port, during the meeting with representatives of the Legislative Assembly of Kangwon (Korea). According to the deputy director of the por...
On October, 30 the Japanese government confirmed implementation of a proposal to merge the neighbouring ports of Kobe, Amagasaki-Nishinomiya-Ashiya and Osaka into a single entity to be called Hanshin Port. According to Fairplay, the objective of the merger is to make the central Japanese ports more attractive to vessel calls by reducing the cost of switch...
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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