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Tuesday, 23 December 2014 11:39

Port of Vladivostok hits 500,000 TEU record

The Russian container port of Vladivostok (OJSC) is set to see volumes rise to over 600,000 TEUs in 2015 after hitting a record level of 500,000 TEU in December this year.

Published in Energy Ports

The Port of Jawaharlal Nehru near Mumbai, India has received four new quay cranes from Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC). The purchase by terminal operator DP World sets a precedent as India’s security agencies have previously denied clearance to ZPMC to sell gear to ports in the country.

Published in Regulation and Policy

Port tariffs paid by seagoing ships calling at the Port of Rotterdam are set to rise at half the rate of inflation at 1% over the next three years as authorities seek to guarantee long term investment and maintain competitivity.

Published in Regulation and Policy

Danish shipping firm Maersk Line has announced plans to end its Trans-Pacific 5 (TP5) service from 15 January 2015 in a bid to cut costs. The service currently runs from North Asia to the US West Coast.

Published in Regulation and Policy
Wednesday, 03 December 2014 16:23

TPS to deliver 10 more RTGs to Port of Ningbo

Heavy equipment manufacturer Terex Port Solutions (TPS) has announced it has won an order for ten rubber-tyred gantry (RTG) cranes for the Port of Ningbo on the coast of the East China Sea, south of Hangzhou Bay in China.

The Port of Nanjing, in China’s Jiangsu Province has announced that it will expand its Qingjiang Terminal through the investment of $3.26 million.

Published in Finance Deals

Analysis of container terminal assets by consultancy Drewry suggests that operational performance of the world’s container terminals vary widely dependant on location, terminal size and traffic type.

Published in Regulation and Policy

French shipping line CMA CGM has announced the expansion of its ASEA service between Asia and East Africa with the launch of two new services, ASEA Kenya and ASEA Tanzania, to replace the previous single East African service.

Published in Regulation and Policy

China is to invest $622 million for to develop the deepwater Port of Gwadar in Pakistan, Reuters reports. The investment in the strategically important port is part of a much larger $45.6 billion commitment China made this week to infrastructure projects across Pakistan.

Published in Emerging Economies

Terminal operator DP World has announced a strategic partnership with China’s Qingdao Port Group to enhance port cooperation. The Strategic Framework Agreement signed between the two firms will aim to imoprove ties between respective operations in Qingdao and Dubai.

Published in Regulation and Policy

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