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  • 24 October 2012
    Business & Finance

    Financial results continue to trend “strong and up to the right,” Executive Director Len Waterworth reported at yesterday’s meeting of the Port Commission of the Port of Houston Authority. Total tonnage was up 9 percent through September of this year compared to the same period last year. Among other matters during the meeting, the Port […]

  • 18 July 2013
    Business & Finance

    The port of Antwerp handled 95,662,759 tonnes of freight during the first six months of this year, an increase of 2.0% in comparison with the same period in 2012. “In combination with the investments recently announced, these half-year figures lead us to be cautiously optimistic for the first semester,” declared Port Authority CEO Eddy Bruyninckx. […]

  • 25 March 2014
    Business & Finance, Equipment, Technology

    This year the Luka Koper share has recorded one of the largest growths on Ljubljana’s stock exchange, and this is ultimately the result of the company’s good performance in 2013, Gašpar Gašpar Mišič, the Management Board President of Luka Koper d.d., said in his Letter to Shareholders today. “In the last quarter of 2013 Luka […]

  • 22 July 2013

    In results announced at the regular Board meeting, South Carolina’s public seaport system continued above-market growth during fiscal year 2013. Container business at the Port of Charleston was up nine percent in the fiscal year that ended June 30, with 1.56 million 20-foot equivalent units (TEUs) handled during the past 12 months. “The shipping industry […]

  • 17 April 2015
    Business & Finance, Equipment, Technology, Vessels

    The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page the latest photos of the New Suez Canal dredging program.  The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sisi on 5 August 2014. This program is part […]

  • 8 December 2015
    Business & Finance

    Plans for a Yorkshire Harbor and Marina in Bridlington are progressing very well, the East Riding of Yorkshire Council and Bridlington Harbor Commissioners announced. The Council and the Commissioners have now entered into a Memorandum of Understanding to reflect the commitment of the parties to work together to deliver the proposal. Councillor Stephen Parnaby OBE, leader […]

  • 10 April 2013
    Business & Finance

    In a meeting to explore possible solutions to the existing bottlenecks of the port, Mr. Seidpour said that the annual performance of Noshahr Port amounts to 3.5 million tons and the capacity of the port is expected to increase to 5 million tons with the completion of infrastructural projects and part of the development plan. […]

  • 10 September 2012
    Business & Finance, Equipment, Technology

    Reef Subsea announced today that its subsidiary company. Reef Subsea Power & Umbilical, has placed an order for a Heavy Duty Cable Plough, which will expand the company’s capabilities and position it as a true leading contractor in subsea trenching and cable installation. Reef Subsea Power & Umbilical, based in the North-east of England with […]

  • 19 September 2014
    Business & Finance, Equipment, Technology

    President Abdel Fatah al-Sisi hailed the Egyptians’ unprecedented turnout for buying investment certificates needed for funding the New Suez Canal, Presidential spokesman Ehab Badawi said. He said the president made his comments during his meeting with the head of the Suez Canal Authority Mohab Mamesh. Badawi quoted Sisi as asserting the project should be implemented on […]

  • 18 May 2012

      The Kenya Ports Authority corporate affairs department said in a press statement that the recent expansion trend is gradually being embraced at the port as proven by the successful handling of some large carriers recently. Benard Osero, the KPA corporate affairs manager, said the Mediterranean Shipping Company has replaced some of its smaller container […]

  • 8 March 2012
    Business & Finance

    Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pieter van Oord: ‘Given the […]

  • 20 May 2013
    Business & Finance

    Director General of Bushehr Port said that the proper ground for the investment in Negin Island has been prepared. Negin is a small island adjacent to Bushehr Port which is planed to be turned into to a small port. Mr. Rastad noted that last year the ground was paved for conclusion of two agreements for […]

  • 10 February 2015
    Business & Finance

    Water and Sanitation Authority Rawalpindi (WASA) has completed 50 percent of the Nullah Lai dredging program. The Managing Director of WASA, Raja Shaukat Mahmood, together with Deputy Managing Director of WASA, Amir Rasheed, yesterday visited several areas including Dhoke Naju and Phagwari Bridge and inspected ongoing cleanup work. According to the project manager, Muhammad Afzal, the […]

  • 23 November 2012
    Business & Finance

    Sydney Ports Corporation has achieved eleven consecutive years of annual container trade growth through Port Botany – the just released 2011/12 Annual Report confirming container volumes are up by 1 per cent to 2.036 million TEUs. Sydney Ports Chief Executive Officer Grant Gilfillan said the volume of container trade coming through the port of Botany […]

  • 5 November 2012
    Business & Finance

    ADPC saw its port traffic rise 16 per cent increase in vessel movements from 19,434 between January and September 2011 to 22,477 in the same period in 2012. The largest increase was for roll-on-roll-off (RORO) traffic, vehicles driven on and off ships either as trucks carrying goods or vehicles being imported for sale within the […]

  • 31 July 2012

    The Penang Port Sdn Bhd (PPSB) Workers Union believes that Seaport Terminal Sdn Bhd the successful bidder for the proposed privatisation of the port will be able to take the company to greater heights. Its president Anuar Omar said the privatisation of the port would help improve efficiency of its operations. “We believe the experience […]

  • 10 October 2012

    The deepening of the canal’s western effluents from 48 feet to 52 feet is nearly complete, stated Mohab Mamish, the Chairman of the Suez Canal Authority. Thanks to this project, the bigger container vessels entering the 120-mile stretch of waterway from the Mediterranean will reduce their crossing time to around four hours, according to egyptindependent.com. […]

  • 11 June 2017
    Business & Finance

    The just-concluded 2017 regular session of the Louisiana Legislature contained good news for the state’s ongoing program to protect and restore the coast. According to the Coastal Protection and Restoration Authority, the approved legislation allows the continuation of established successful efforts while adding new mechanisms to increase productivity and results. First and foremost, the 2017 update […]

  • 24 January 2014

    Total traffic through the Port of Cork in 2013 reached 9.1 million tonnes compared to 9.05 million tonnes in 2012. Like most Ports worldwide, the Port of Cork has experienced very challenging trading conditions in 2013, however some cargos have shown an increase compared to 2012 levels and this is very encouraging, according to the […]

  • 8 July 2013

    Sayyid Mohammed bin Sultan al-Busaidi, Minister of State and Governor of Dhofar affirmed that the government attaches a great interest in development in the Dhofar Governorate in response to the Directives of His Majesty Sultan Qaboos Bin Said. In a statement to ONA, he added that His Majesty the Sultan accords a great importance to […]

  • 2 October 2012

    The Kuantan Port development work should commence soon and is expected to be completed by 2015. Datuk Seri Lam Kam Sang, the Pahang Associated Chinese Chambers of Commerce and Industry President, stated: “The project to deepen Kuantan Port will benefit the state in the long run and increase transshipment business.” Located about 25.0 km to […]

  • 13 November 2012
    Business & Finance

    Port of Salalah, also Salalah Port Services Co. SAOG, has announced its unaudited consolidated financial results for the first three-months (Q3) ending 30 September 2012 to the Muscat Security Market, reflecting consistent growth in volumes, productivity and profitability margins for the region’s second largest port operating company. The port’s container volume in Q3 grew by […]

  • 6 April 2012

      In 2011, the Port of Rotterdam Authority’s normalised result (net income) was EUR 186 million; that is EUR 18 million (+10%) higher than the result in 2010. Both the income from the letting out of sites and the income from harbour dues increased. The operating expenses rose slightly, mainly driven by a few non-recurring […]

  • 26 January 2012

    The Port Authority asked McKinsey to make an analysis of the demand for and availability of container throughput capacity in Rotterdam in the coming years. The purpose of the study was to get an independent opinion on the situation as it will develop from 2014 onwards when the new terminals on Maasvlakte 2 become operational. […]

  • 20 June 2012

    Cargo volumes through Kenya’s Mombasa port are expected to rise in coming months, reports Reuters. Handling capacity of the port tripled following its expansion to accept bigger vessels. On Tuesday MV Jolly Peria visited Mombasa port. Since the port’s expansion, the total throughput rose to about 20 million tonnes in 2011 from 18.9 million tonnes […]

  • 30 October 2012
    Business & Finance

    DP World Limited handled 14.2 million TEU (twenty-foot equivalent units) across its portfolio of container terminals in the third quarter of 2012. This was 1% lower than the same period last year reflecting the divestment of three joint venture terminals and a decline in volumes in the Europe, Middle East and Africa region. Like for […]