Russian port capacity grows with new projects...
port.today | 2017-02-23 22:44 UTC
The total handling capacity of the Russian sea ports has increased in 2016 by 32 mln tons, reaching 715-720 mln tons, according to the estimates of the Federal Agency Rosmorrechflot. The capacity growth was provided by the construction of new terminals as well as by the expansion of the operating
Wilhelmshaven welcomes 6 new shipping lines...
port.today | 2017-02-22 20:07 UTC
Container Terminal Wilhelmshaven. Source: EUROGATE Eurogate has announced that since April, 2017 six more container shipping lines will call at its Wilhelmshaven terminal in Germanys only deep-water JadeWeserPort. The six lines are COSCO Shipping, OOCL, CMA CGM and Evergreen forming the newly
DP World to apply Tesla solutions at terminals...
port.today | 2017-02-21 18:05 UTC
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and Tesla and SpaceX CEO Elon Musk met last week at the World Government Summit in Dubai, as announced in DP Worlds statement. At the meeting, they discussed potential application of Teslas state-of-the-art technology in port operations. In
Hanjin declared bankrupt, HMM consolidates its 4 terminals...
port.today | 2017-02-21 18:04 UTC
Hyundai Merchant Marine (HMM) has entered into acontractwith Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporations 100% stake in terminals in Tokyo and Kaohsiung, announces the companys press release. Hanjin Pacific Corporation (HPC) is owned by
Innovative car carrier handled at Petrolesport...
port.today | 2017-02-19 12:20 UTC
Artistic impression of the new vessel. Source: UECC Petrolesport Ro-Ro terminal (PLP) in St.Petersburg, Russia has finished unloading new E-Class vessels of United European Car Carriers (UECC), Europe's leading short sea Ro-Ro operator, writes PortNews. The terminal successfully handled 3 vessel
Massive investment drives huge growth...
port.today | 2017-02-19 12:18 UTC
Container Terminal Saint-Petersburg. Source: UCL Holding Container Terminal Saint-Petersburg (CTSP, member of UCL Holding), Russia, invested about RUR 1.5 bln (approx. USD 22.4 mln) in the terminal development in 2016, which is 2.3 times more than in 2015. The funding was used to purchase new
Port of Virginia starts expansion project...
port.today | 2017-02-19 12:15 UTC
Yesterday at Virginia International Gateway (VIG), US East Coast, survey crews began the preparatory work commencing a USD 320 mln three-year expansion project that will nearly double the terminals annual capacity, announced the Virginia Port Authority press release. The project is the first of two
Amazon sinks more than 3.5% as revenue misses, guidance disappoints...
CNBC | 2017-02-02 20:38 UTC
Amazon.com was pummeled on Wall Street Thursday after its holiday season sales fell short of expectations. "Part of the revenue miss might be the ongoing shift to being a third-party marketplace," RJ Hottovy, senior retail analyst at Morningstar, told CNBC's "Closing Bell." "When that happens,
on 2017-02-02 21:54 UTC
The Chinese Chart That Keeps IMF Up At Night...
Infowars.com | 2017-01-05 18:29 UTC
As the IIF reported yesterday, in the first 9 months of 2016 global debt rose by $11 trillion, hitting an all time high of $217 trillion, ro 325% of world GDP. Of this increase, the IIF said that China accounted for the “lion’s share” and while China’s relentless debt-funded stimulus continues to
on 2017-01-05 18:58 UTC