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