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Recently, MOL announced that it has voluntarily enrolled two of its vessels, the MOL Endowment and MOL Experience, in the Port Authority of New York and New Jersey Ocean Going Vessel Low Sulfur Fuel Program The carrier is among the first ocean carriers to enroll in the program, which provides incentives to operators of ocean vessels to utilize low-sulfur fu...
Urals crude supplies from Russia's largest oil terminal of Primorsk may fall to 5.5 million tonnes in September due to a pipeline maintenance, a preliminary export plan showed on Tuesday. In August, Transneft increased its initial export plan for Primorsk by 600.000 tonnes to load 6.1 million, after fears of forest fires forced the Russian pipeli...
A day after it got the nod from the Shippers' Council as a logical port of call for bigger container ports Lyttelton Port of Christchurch (LPC) has reported a 1.1 percent fall in underlying earnings on a 5.3 percent rise in container volumes, the New Zealand Press Association reported. The port, which referred to itself as "the South Island port of cho...
THE Georgia Ports Authority has announced that its Port of Savannah handled more than 250,000 TEU in July 2010, an increase of 20.7 per cent year on year, and making it the strongest monthly on record and the eighth month in a row of double-digit growth. "We have set a new benchmark for monthly volume at the Port of Savannah by moving more than a quarte...
The Russian government has set boundaries of the sea port of Makhachkala, the government’s press service said. The order (№ 1411-p) was signed on August 23, 2010. Makhachkala - the Russia’s port is situated on the west coast of the Caspian Sea in the North Caucasus republic of Dagestan. The port is accessible for navigation year round....
Tiger funds to help build transloading terminal, rail loop The Tri-City Regional Port District in Granite City, Ill., received a $6 million check to begin work on a terminal and railroad loop to expedite the movement of cargo between land carriers and the Mississippi River marine highway corridor. Transportation Secretary Ray LaHood called the project a...
Forth Ports (FPT.L) reported an expected 29 percent rise in first-half profit, driven by growing container volumes and cost cutting initiatives, and said it would look to acquire other port businesses. Britain's only listed ports company on Wednesday posted a pretax profit of 16.0 million pounds ($24.6 million) on revenue 3 percent higher at 89.6 milli...
Ports and rail operator Asciano Group has reported a net loss for 2009/10 due to impairment charges but says the outlook for the current year is positive, reported Australian Associated Press. Asciano booked a net loss of US$861.23 million for the 12 months to June 30, compared with a loss of $215.41 million in the prior corresponding period. The re...
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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