Media
Media
DP World, PSA, Essar, Lanco and GVK are among the seven shortlisted entities for the US$1.44 billion fourth container terminal project of Jawaharlal Nehru Port Trust (JNPT), at Navi Mumbai, according to Business Standard. The terminal is expected to add 57.6 million tonne capacity to the port. This is the second time the terminal has been put up for...
The Virginia Port Authority has sent a "letter of intent" to the Port of Richmond, proposing a five-year lease of the facility, said Joe Harris, an authority spokesman, according to The Virginian-Pilot (MCT). The authority's letter to the Richmond port comes about three months after Secretary of Transportation Sean Connaughton said the state was intere...
Singapore: Greek owner Thenamaris has signed a letter of intent (LOI) with Jiangsu Yangzijiang Shipbuilding to order up to eight boxships. The owner is said to be planning to book two each of 1,800 teu and 2,500 teu for delivery in 2012. The larger ships cost in the $40m range and the smaller ones around $30m. Neither side has confirmed the bro...
Seoul: Hanjin Shipping has ordered a handysize and a supramax at fellow Korean yard SPP to make up for recently sold tonnage. Hanjin is thought to have spent in the region of $27.5m for the handy and $33.5m for the supramax. So far this year Hanjin has sold three bulkers. (Source:www.seatradeasia-online.com)
ONCE troubled Anchorage International Airport, the hub for air freight in the state, is experiencing an uplift in a near return to 2006 and 2007 levels representing a quick recovery from last year's 20 per cent decline, said airport manager John Parrott. According to a report from Anchorage Economic Development Corp, the air freight sector which genera...
COMPUTER experts at Hong Kong Polytechnic University (PolyU) have developed an air cargo processing system using Radio Frequency Identification (RFID) technology using a five-centimetre-square chip, a Flexible RFID Encoder and Decoder (FRED), to speed up identification and processing purposes and replace manual labelling and scanning of barcodes. "Data ...
SOUTH Africa's Competition Commission has referred allegations against the airlines to the Competition Tribunal with a suggested fine of 10 per cent of annual local turnover for airlines under investigation. British Airways, Singapore Airlines, South African Airways, Air France-KLM, Alitalia SpA, Cargolux and Martinair face charges for cartel behaviour...
NEW YORK's TAL International Group Inc, a lessor of containers and chassis has announced that its 'reported' net profit for the second quarter of 2010 was down 661 per cent year on year to US$4.7 million and after posting a $5.9 million profit in the first quarter of 2010. Pre-tax profit, excluding gains on debt extinguishment and unrealised gains an...
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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