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India's Cochin Port Authority announced plans to extend concessions on vessel-related charges granted at an earlier time to mainline vessels. Buoyed by a surge in container movements in recent months, the extention is for an additional period of six months ending March 2011. Originally introduced in September 2006, the concessional scheme offers a ...
The Economic Observer reported that Qingdao Port will open a 300,000 tonnes mineral terminal in its Dongjiakou New Port on December 28. Dongjiakou New Port specializes in handling, storage and distribution of ores and coal. Qingdao Port plans to spend three to five years build Dongjiadu Port into 300 million tonnes large port as the city currently lacks...
Klaipeda Port handled 25.3 million tons of marine cargo in ten month of this year, the total cargo handling increase made up 12.7% if to compare with the corresponding period of the previous year. According to cargo handling turnover of Klaipeda Port still remains ahead of neighboring Riga and Ventspils Ports and gets behind only to Joined Tallinn Port. ...
DALIAN PORT has raised US$857 million in its initial public offering (IPO) on the Shanghai Stock Exchange, Reuters reports. The company, north China's largest port operator, priced its shares at CNY3.8 (57 US cents) each, midway between its forecast range of CNY3.60-4.00. The company also decided to cut its target deal size by 37.5 per cent, in an atte...
South Korean port agents urged oil tankers and cargo vessels travelling near the maritime border with North Korea to take extra security precautions after Pyongyang's shelling of a South Korean island, reported Reuters. Tuesday's attack on Yeonpyeong island, one of the heaviest since the Korean War ended in 1953, has not slowed shipping traffic along ...
A P Moller Terminals, the world's fourth largest port operator, has its sights set on Asia's huge thirst for infrastructure such as ports and roads, reported the Straits Times. The company is eyeing not just the big markets of China and India but also Southeast Asian markets such as Vietnam, Malaysia and Thailand where there is a rising demand for inf...
The Virginia Port Authority is very close to forging an agreement to operate the city of Richmond-owned Port of Richmond, the port's top executive said. Following a closed session meeting of the port authority's board of commissioners, executive director Jerry Bridges said an agreement should be in place by January and the state agency would begin ove...
Shanghai’s container throughput continued to show strong momentum and the city remained the world's busiest port for the third straight month since overtaking Singapore in August, reported the Shanghai Daily. Throughput of containers was up 8.1 percent from a year ago to 2.35 million TEUs in October, ahead of Singapore's 2.31 million TEUs, the S...
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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