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DP World, the Dubai World-controlled ports operator, forecast full-year gross profit to be in line with expectations' after a 10 per cent rise in container volumes last year. The company handled 54.7 million twenty-foot equivalent container units (
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The paper says ECT accuses the port authority of failing to meet agreements, breaking promises and favouring its competitors. The port authority is owned by Rotterdam city council and the state. ECT is owned by China's Hutchison Port Holdings and has
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A longshoreman was killed tonight in an accident at the Port of Long Beach...Long Beach police and fire were called at 6:55 p.m. to Pier J at the Port of Long Beach for an accident, said Lisa Massacani of the Long Beach Police Department. The man,
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Calif. (AP) — The Port of Long Beach, the nation's second-largest cargo container facility, reached a tentative $4.6 billion, 40-year lease with a major Hong Kong-based shipping container line, it was reported Thursday. Work
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A record-setting number of exports shipped to overseas markets kept business afloat at the Port of Los Angeles for a second straight year, and officials today said they hope the momentum continues through 2012. More than 7.94 million cargo containers
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Thanks to globalization, and to containerized shipping that began in 1956 and makes globalization work, commodities swiftly move vast distances around the planet...Trade flows can, however, be deflected or even defeated by a distance of just 5 feet.
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The Daily Star The Beirut Port revenues fell by 4.79 percent in 2011. Revenues for the Port of Beirut declined 4.79 percent in 2011, undermined by lower car imports, stated a report issued by Blominvest Bank Saturday. According to the report,
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Rating Maritime experts now say the recent Christmas holiday interruption has exposed serious inefficiencies at the Mombasa Port even as Kenya Ports Authority makes frantic efforts to clear cargo backlog. They say that delayed implementation of vital
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According to Vice Premier and head of the ministry Borys Kolesnikov, in 2012, the state, possessing the port, will invest in this project UAH 600 million (USD 75.1 million). The project provides for creation of 19 ha of additional area and
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The mobile harbor crane when assembled will be more than 100 feet tall. It will be able to lift more than 273,000 pounds, according to a port press release. The crane will be used at the port for handling container cargo as part of the new "Northern
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