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On October, 15 head of the RF Ministry of Agriculture Alexsey Gerdeev announced that the Russian Government plans to reduce the import tariff on milk and dairy products from 15% to 5%. According to A.Gordeev, currently the question is being discussed. It is said that this measure will help to cope with dairy products cost increase. In September of the ...
Strong economic conditions, sustained population growth and the continuing boom in mining and construction led to record-breaking performances in both container and total trade volumes through the Port of Brisbane in 2006-07. Releasing the port's end-of-year trade results today, Transport Minister John Mickel said Brisbane's container trade had hit an al...
A scramble to export waste materials to the Far East has kicked off at ports across the UK following news that container charges are expected to double from next week. The Far Eastern Freight Conference, which represents shipping lines that export containers to countries including China, has revealed that its members are likely to hike up their overall ex...
On September,14 the Russian Ministry of economical development and trade with the foreign concerns singed 6 memorandums on car production organization, reports Kommersant quoting Dmitry Levchenkov, the deputy of the investment department of the ministry. According to D.Levchenkov, the real agreements will have been singed by the end of the curren...
CLASSIFICATION society Germanischer Lloyd has bought the UK company Advantica Holding, based in Loughborough, with 660 employees worldwide from National Grid plc. Advantica concentrates on oil and gas installations and pipeline networks and is therefore an expert for risk and safety analyses,offering consulting services for installation design and the opt...
BEIJING -- China's Ministry of Finance said on Wednesday it would use all the forex purchased with returns from a 600 billion-yuan (67.79 billion U.S. dollars) special treasury bond sale to finance the China Investment Co. Ltd. The ministry began to sell the 10-year bonds at a coupon of 4.3percent in the inter-bank market on Wednesday, said a statemen...
The cargo turnover of the oil terminal of Vladivostok Commercial Sea Port JSC will be increased to 1.5 mln. t. after its reconstruction, told the local media VMTP's director general Vyacheslav Pertsev. He noted that after the reconstruction of the oil terminal, located at the port's berth 11, the terminal will be brought into correspondence with the requi...
NORWEGIAN parcel tanker and chemical terminal operator Odfjell made a Q2 net profit of US$66, up from $35m in Q1. The company says time-charter results per day improved by about 21% compared to the same quarter in 2006, due to higher freight rates and lower bunker costs. Earnings before interest, taxes, depreciation and amortisation (EBITDA) first hal...
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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