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DP World, on the lookout for more investment opportunities in India, is keen to develop a container port at Kulpi in West Bengal's 24 Parganas district, reported The Hindu. Discussions with the West Bengal government and the Central government on the project were in an advanced stage, said Anil Singh, senior vice-president and managing director of DP Wor...
John Meredith, managing director of Hutchison Port Holdings, reckons that ports are ideal assets for a business trust and added that Hutchison would use the funds to be raised by the business trust IPO in Singapore to expand ports agressively. "We are chasing ports in four countries," Meredith says. "Some are completely greenfield, where you have to go in...
A MINNESOTA trade research company, Zepol Corporation, has reported that US import container volume increased 17.64 per cent in January compared to the previous year to nearly 1.4 million TEU. "After a four-month slide, January showed a significant increase from December, but volumes are in line with November 2010. Much of this increase was driven by Asia...
THE chairman of Tianjin Port Group Yu Ruming revealed that the port will invest CNY110 billion (US$16.8 billion) on upgrading facilities in the next five years and is aiming at a container throughput of 20 million TEU and an overall volume 600 million tonnes by 2015, Xinhua reports. In the coming years, the port plans to deepen its navigation channel, upg...
Mr Marc Van Peel, Chairman of Antwerp Port Authority, is in Mumbai on February 10 and 11. He is leading a delegation of port officials, private sector logistics companies and the overseas investment subsidiary of the Port Authority, Exim News Service reports. In Mumbai, the delegation is scheduled to call on the Chairman of Mumbai Port Trust, with whom An...
DB Schenker Logistics, the logistics division of Deutsche Bahn, is setting up a new logistics centre in Leipzig to supply components to automobile plants in China and South Africa. Schenker Deutschland will create around 600 new jobs in Leipzig to cope with this order from BMW plants. "We are fully aware of the enormous responsibility that this new or...
Japanese multi-modal transport and logistics firm MOL has announced a restructuring of its refrigerated sales and trade team in its three US sales regions by assigning sales managers to develop new reefer initiatives, The Shipping Gazette informs. Mark McQueen has been appointed regional manager, reefer sales, Atlantic region; Larry Flading, regional man...
Hutchison Port Holdings (HPH) has set its sights on becoming a major entrepot player for intra-Asian cargo traffic, after making its name in the transhipment business in Hong Kong. HPH, a port developer and operator, is a unit of Hutchison Whampoa, which is planning to spin off its port assets in Hong Kong and mainland China into a business trust to be li...
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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