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Nearly two years after a groundbreaking, construction of Van Phong international transhipment port in the central province of Khanh Hoa has stalled due to slow construction progress, reported Vietnam News Brief Service. Vietnam’s first international transhipment port project with four stages of construction was mainly financed by Vietnam National Sh...
The first container vessel that sailed from Japan to the Netherlands after the nuclear accident in Fukushima called at the port of Rotterdam yesterday morning. The vessel, the Carsten Maersk, was already checked in Felixstowe by British and Dutch authorities. The radiation level was normal, a Rotterdam port spokesman said. The cargo is checked from th...
The Philippines was able to secure an additional 60,000 metric tons (MT) of sugar which it can export to the United States on top of the approved export quota of 136, 000 MT. In a statement on Friday, Philippines' Sugar Regulatory Administration (SRA) said they met with U.S. counterparts to request for the additional quota, but added that they may not fi...
The Canton Fair, China's largest trade fair and a key indicator of the country's trade and economic development, opened Friday amid growing inflation concerns weighing on the nation's exporters. In addition to exploring business opportunities, the multitudes of sellers and buyers at the fair, officially known as the China Import and Export Fair, are ke...
Westports in Malaysia has experienced a 20% surge in container volumes in the first quarter of this year, with a container throughput of 1.5m teu, the highest ever quarterly achievement to date. This compared to 1.2m teu for the same period last year. Local volumes increased by 13%, while transhipment was up by 30% giving Westports an overall market shar...
Freight forwarders have raised concerns about the ability of some ports to handle larger vessels deployed on intra-Asia routes as capacity grows to up to 4,000-TEU from a maximum of 1,000-2,000 TEU a few years ago. The deployment of medium-sized ships on the transpacific will increase the need for investment to boost post capacity in Asia, according to P...
Maersk Line announced its active participation in the Maritime Singapore Green Initiative by committing to switching to low-sulphur fuel in Singapore. The announced fuel switch backs up the port authority’s engagement with the shipping line community to reduce carbon and sulphur emissions in Singapore. “We are pleased with the Maritime and Por...
Hanjin Shipping announced Thursday a rate restoration plan for Asia-Europe trades starting 15 May. “Despite our utmost efforts to reduce costs, it is inevitable for us to restore rates in order to maintain service quality and schedule reliability in the midst of hiking operation expenses,” the South Korea-based shipping firm said in a statement....
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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