Category Archives: Port News

Singapore port authority denies Iceberg Research claims on Noble unit

Singapore’s port authority has denied allegations of misconduct made by Iceberg Research against a subsidiary of commodities trader Noble Group , which is taking legal action against the arcane research group. Singapore’s Maritime and Port Authority (MPA), in an emailed … Continue reading

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CSCL maiden call at the AGCT launches Ocean 3 in Rijeka

China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, which marked the launch … Continue reading

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Chinese market leader NGC sets up European head office in the Port of Duisburg

NGC is the first Chinese company to settle in the Port of Duisburg. Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd (in short: NGC) is a global player in the transmission and drive technology industry. By establishing its European head office in Duisburg, the manufacturer … Continue reading

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India: Cabinet Decisions for Shipping Sector Revolutionary, says Nitin Gadkari

Minister of Shipping and Road Transport & Highway, Shri Nitin Gadkari has described the decisions taken by the Cabinet on March 25, 2015 regarding shipping sector as ‘revolutionary and historical’. While briefing the media persons on these decisions here today … Continue reading

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APM Terminals Mumbai Welcomes China Shipping

APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service, jointly operated by the United Arab Shipping Company, Hanjin Shipping, CMA CGM and … Continue reading

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As HRH Princess Astrid visits Dubai, DP World helps to drive growth in the port of Antwerp

Antwerp Gateway, managed by DP World (one of the largest container terminal operators in the world) is a significant contributor to the success of the Port of Antwerp. Eddy Bruyninckx, CEO of the Antwerp Port Authority, met with Mr. Sultan … Continue reading

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India: Centre to re-bid 10 private cargo-handling terminals

The shipping ministry has rejected demands by 10 private cargo handlers operating under tariff rules framed in 2005 to migrate to a new regime that took effect in July 2013. Applying the 2013 tariff rules to the older cargo handlers … Continue reading

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Backlog shrinks at Oakland after volumes drop 37pc in February

TERMINAL congestion, labour problems and cargo diversion dragged down container volume at the Port of Oakland by 36.7 per cent in February. The northern California port that serves San Francisco and Silicon Valley, reported that containerised imports in February decreased … Continue reading

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US west coast backlog persists despite provisional labour accord

THE two major ports on the US west coast ?the ports of Los Angeles and Long Beach ?are still encountering problems with backlogs despite the tentative settlement of a labour dispute that choked the nation’s 29 ports along the west … Continue reading

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LBC Tank Terminals and The Port of Rotterdam jointly invest in new jetty

The Port of Rotterdam and the independent storage company LBC Tank Terminals have reached a long term agreement for the construction of a new jetty at the LBC terminal in Botlek – Rotterdam. ‘This new jetty is the first and … Continue reading

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AGCT opens COSCO regional service in Rijeka

Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently launched China Ocean Shipping (Group) Co.’s (COSCO), Adriatic–Greece–Turkey service (AGT) when COSCO selected AGCT as the first port of … Continue reading

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ICTSI chairman visits Basra Gateway Terminal

Enrique K. Razon Jr., International Container Terminal Services Inc.(ICTSI) chairman and president, recently visited Basra Gateway Terminal (BGT), ICTSI’s subsidiary in the port of Umm Qasr, Iraq. Razon personally inspected the continuing upgrade works in Berth 20, the existing facility … Continue reading

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Hong Kong off 3.7pc in February to 1.4 million TEU, Singapore up 3.5pc

FIGURES from the Hong Kong Marine Department showed the port handled 1.43 million TEU in February, representing a year-on-year decrease of 3.7 per cent from 1.48 million TEU in February last year. Singapore’s Maritime and Port Authority reported an eight … Continue reading

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Construction work starts on Belgium’s largest onshore wind farm

Belgium, in the Antwerp port area on the left bank of the Scheldt. In the first phase 15 wind turbines will be erected, enough to supply 35,000 Flemish households with green electricity. The ultimate ambition is to build anything from … Continue reading

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India aims for big coal output boost next fiscal year

India is aiming to produce 700 million tonnes of coal in the next fiscal year, the country’s coal secretary said, in what would be its biggest annual growth in output as it auctions off mines and state giant Coal India … Continue reading

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US court orders International Longshore and Warehouse Union to pay National Labor Relations Board

Judge Michael Simon ruled that the ILWU International (International Longshore and Warehouse Union) in San Francisco and ILWU Local 8 in Portland willfully and intentionally violated the court’s previous injunction against work stoppages and slowdowns at Terminal 6. Judge Simon … Continue reading

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Nigerian Ports Cargo Throughput Rises to 86.6m Metric Tons

The Nigerian seaports recorded 86.6 million metric tons in cargo throughput in 2014, the Nigerian Ports Authority (NPA) has said. Cargo throughput is the total volume of cargo (inward and outward) handled in all the port locations during the period … Continue reading

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PSA International profit down 1.7pc to US$1.04 billion as sales rise 2.9pc

SINGAPOREAN global terminal operator PSA International posted a 1.7 per cent year-on-year decline in net profit to S$1.44 billion (US$1.04 billion) in 2014, drawn on revenues of S$3.83 billion, which increased 2.9 per cent. PSA International (PSA) posted 65.44 million … Continue reading

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Little Prince Rupert reaps 56pc volume jump on US west coast congestion

US WEST coast congestion has been credited for a 56 per cent year-on-year increase in container throughput to 55,941 TEU in February at the Canadian Port of Prince Rupert, 750 kilometers north of Vancouver. For the first two months of the year, … Continue reading

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Adani, GVK win Australian state backing to expand coal port

Queensland’s new state government on Wednesday cleared plans by two Indian companies to expand a port for coal projects that are opposed by green groups worried about pollution and damage to the Great Barrier Reef. The approval, supporting separate mining … Continue reading

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Hutchison Port Holdings ups 2014 volume 6pc to 79 million TEU

TERMINALS in which Hong Kong’s Hutchison Port Holdings (HPH) has 80 per cent interest handled 79 million TEU in 2014, reports Dynamar Daily. This represented an increase of six per cent over 2013. Hutchison’s largest region was Asia/Australia handled 28 … Continue reading

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New Incentive Scheme to Make Major Ports Green

Ministry of Shipping has evolved a new incentive scheme to encourage major ports to become green ports. Green projects such as waste water treatment, renewable energy generation, use of bio-diesel and provision of shore power would be supported upto 50% … Continue reading

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India: Handling Capacity of Major Ports Match with the Trade Demands

The handling capacity of the major ports in the Country is sufficient to match with the trade demands. The capacity of all Major Ports as on 31.03.2014 was 800.52 Million Metric Tonnes (MMT) against cargo traffic of 555.54 MMT handled … Continue reading

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Manila’s ICTSI profit up 6pc to US$182 million as revenue soars 24pc

MANILA’s International Container Terminal Services Inc (ICTSI) posted a six per cent year-on-year increase in net profit to US$182 million in 2014, drawn on revenues of $1.1 billion, up 24 per cent. But given a number of non-recurring items, net … Continue reading

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