Indian ports handled total cargo traffic of around 870 million tonnes in 2010-11. While the major ports handled 570 million tonnes, non-major ports handled around 34% of the total cargo at 300 million tones. Kandla, Vishakhapatnam, JNPT and Chennai handled 48.4% of the major ports’ cargo in 2010-11. Shri G.K. Vasan Union Minister of Shipping [...]
In pursuing efforts to modernize its port network, Peru plans to invest $3bn in the upcoming five years. Half of the investment will be provided by the private sector and the other half from the state through public-private partnerships. Ranked 106th out of 142 countries in the world in terms of port, this investment will [...]
In response to the story run yesterday, concerning rock clearing operations at the Hambantota port, Dr Priyah Bandu Wickrama, Chairman Sri L… (dailymirror) Source: dailymirror, August 26, 2011;
Seafarer Exploration Corp. announced today the company has received from the Division of Historical Resources a 1A-31 Recovery Permit active through April 25, 2014. The permit allows Seafarer the ability to dig and recover the designated site at Juno Beach, Florida using propwash deflectors (blowers) and dredges including other smaller specialized digging equipment for sensitive [...]
The ZPMC Mediterranean which is affiliate of Portunus Port Spares & Services delivered three new Ship to Shore Gantry Cranes to Kumport… Source: portunus, March 1, 2011
The Manatee County Port Authority approved a $3 million line of credit bank loan from Regions Bank to maintain cash flow needs for the Berth… By Doug Miles (thebradentontimes) Source: thebradentontimes, February 18, 2011;
The Vizhinjam International Seaport Limited (VISL) inked three separate agreements on Monday with the State Bank of Travancore, Rail Vikas… (expressbuzz) Source: expressbuzz, February 15, 2011;
President Obama’s proposed budget would allocate $3 million for beach replenishment efforts in Port Monmouth in Monmouth County, Rep. Frank… (newjerseynewsroom) Source: newjerseynewsroom, February 15, 2011;
The President and CEO of Wärtsilä Corporation, Mr Ole Johansson, has decided to retire after turning 60 years of age in June, using the right stipulated in his executive contract. The exact timing of his retirement will be announced later. Also, Mr Johansson will not be available to continue in his position as a member [...]
To stay competitive, the Port is planning more than $3 billion in upgrades, including a new container terminal, improvements for an existing terminal, redevelopment and consolidation of two older terminals, the replacement of an obsolete bridge and upgraded rail infrastructure. Topping the Port’s development achievements in 2009 was the go-ahead in April for the Middle [...]
