APM Terminals Rotterdam welcomes new calls 2009-12-16CMA CGM's new 365 meter-long, 52.1 meter (20 containers) wide fleet flagship, the Cristophe Colomb was welcomed on Friday the 11th to the Port of Rotterdam on its maiden voyage from Asia.
EIB finances Barcelona port expansion 2009-12-15The European Investment Bank (EIB) approved on December 9 a US$220.1 million loan for expanding the Port of Barcelona, Europolitics reported.
ICTSI signs $100m loan agreement with Banco De Oro 2009-12-15Philippine-based port operator International Container Terminal Services (ICTSI) has signed a US$100 million loan agreement with Banco De Oro Unibank, Dow Jones reported.
JICT signs loan deal to fund expansion 2009-12-15The Jakarta International Container Terminal (JICT) has signed a US$70-million loan deal from the International Finance Corporation (IFC), the World Bank's investing arm, to partially fund a $160-million expansion plan at Tanjung Priok Port, the Jakarta Post reported.
Government OKs Tianjin port stake buy 2009-12-15Port operator Tianjin Port Development Holdings said the Chinese government has approved its plan to buy 56.81 percent of Shanghai-listed Tianjin Port Holdings in a cash-and-stock deal valued at US$1.4 billion, Dow Jones reported.
Lufthansa fights looming Frankfurt night flight ban 2009-12-15Fighting to head off a looming ban on night flights at its Frankfurt hub, Lufthansa will challenge a German court ruling that blocked an earlier appeal by the airline, Reuters repoted.
Dismal showing by major Indian ports 2009-12-14While the rest of the economy is showing signs of recovery, the 12 major ports in the country continue to reel under the trade slowdown with a meagre 4.7 percent year-on-year growth in their throughput from April to November, reported NewsWire18.
IFC provides $70m loan to Jakarta terminal for expansion 2009-12-14The International Finance Corporation (IFC) has provided a loan of US$70 million to Jakarta International Container Terminal (JICT) for the expansion of the existing terminal and building more such infrastructure projects, reported the Organisation of Asia-Pacific News Agencies.
Lines brace for possible tax on bunker fuel 2009-12-14Shipping companies, already crimped by a global trade slump, fear that the Copenhagen climate summit will deliver another hit: a tax on bunker fuel, the thick, sulphuric low-grade oil that powers ships.
Double-digit cargo rise at Shanghai port 2009-12-14Shanghai port's cargo throughput last month grew by double digits for the first time this year, reflecting a rise in exports, reported Shanghai Daily.
Lines brace for possible tax on bunker fuel 2009-12-14Shipping companies, already crimped by a global trade slump, fear that the Copenhagen climate summit will deliver another hit: a tax on bunker fuel, the thick, sulphuric low-grade oil that powers ships.
MSC increases charges 2009-12-11MSC has announced four charging changes, which will affect European, Asian, west African, Middle Eastern, US and Mediterranean cargo.
Marseille Fos containers up during first ten months 2009-12-11Marseille Fos has announced deepsea year-on-year container volume increases of 25% during the first ten months of the year.
Samskip ups Portugal-north Europe frequency 2009-12-11Samskip, the shortsea and multimodal operator, has increased the frequency of its service between Portugal and northern Europe following the appointment of a new agent in the country.
Kaohsiung Port to get face-lift 2009-12-11Kaohsiung Port Administration recently kicked off a land development project, the largest of its kind in a decade, to build a 38.8-hectare zone as a delivery hub and a free trade port. To that end, the administration will requisition a land space owned by Tang Eng Iron Works Co, reported Taiwan Econoomic News.
Vizhinjam terminal project uncertainty ends 2009-12-11Indian Chief Minister V.S. Achuthanandan said that the government would complete the first phase construction of the proposed international transhipment container terminal at Vizhinjam within one-and-a-half years, reported The Hindu.
Rickmers-Linie appoints new Swiss agent 2009-12-10German breakbulk, heavylift and project cargo shipping line Rickmers-Linie has appointed Zurich-based O Brunoni as its Swiss agent.
Grand Alliance announces US west coast winter programme 2009-12-10The Grand Alliance group of shipping lines has announced its winter service adjustment programme for US west coast services.
Zim to increase rates 2009-12-10Zim has unveiled plans to implement a general rate increase on its services between Asia and the Mediterranean and Europe.
Containership fleet growing at lowest rate since 2000 2009-12-10The world's cellular containership fleet is expected to grow this year by the smallest margin since 2000, according to AXS Alphaliner figures.
