Moscow will lift its ban on fresh vegetable imports from the European Union (EU) after receiving safety guarantees, said Russian President Dmitry Medvedev at the summit with the EU here on Friday. Russia is ready to resume vegetable imports if EU agencies give safety guarantees, he told a news conference, adding that specialists from the two sides will dr...
Latvia and Russia have entered into agreement to open a new ferry service from Liepaja to Germany or other EU member, which could be used by the Russian trucking companies, a Russian delegation’s representative told RIA Novosti. The agreement was signed at a meeting of the Latvia-Russia Business Council. Peter Aven, who headed the Russia's dele...
CMA CGM Group has announced a new rate restoration program, effective July 1st, 2011, on its services from Asia to N. Europe, S. America, the Group said. The company says: "in response to the on-going deterioration of revenues on the Asia - North Europe Trade, CMA CGM Group has decided to implement as from 01/07/2011 a “Rate Restoration” of ...
The Los Angeles budget of approximately US$976.6 for 2011 equates to a 7.4% or $67m increase from the current budget and reflects a year of double-digit growth in container volumes. Anticipating operating revenues of US$405.4m, it also projects a US$23.2m or 2.3% decrease in total estimated expenditures from the current fiscal year. Pivotal to maintainin...
Despite the sanctions imposed by a number of western countries, Iranian ports handled 97m tons of non-oil cargo in 2010, an increase of 12% year-on-year. Container throughput increased by 11% to just over 3m teu. And the private sector invested around US$57m in the ports sector. Shahid Rajaee (Bandar Abbas) is the largest port in Iran and its container t...
The Houston Port Commission has approved separate memoranda of friendship and trade cooperation between the Port of Houston Authority and two ports in Mexico - Progreso and Dos Bocas. In each case, the signatory ports agree to "conduct programs and activities to bring about understanding and a closer relationship with each other, as well as the promotion of...
The Marseilles Fos port authority has completed the transfer of 410 personnel and various equipment to privatised terminals as required under national port reforms. The final stage occurred at the Mourepiane container terminal on June 4, when 41 crane drivers and maintenance staff, four gantries and a mobile crane were assigned to newly-formed Intramar S...
Container services resumed this week at the Port of Sendai-Shiogoma, the most important port in Japan’s northeastern region of Tohoku, nearly three months after the devastating March 11 earthquake and tsunami, the Journal of Commerce reported. A container ship operated by Kinkai Yusen Logistics, a subsidiary of NYK Line, on Wednesday became the firs...
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