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China's COSCO Acquires 40% Stake in Italy's Vado

Oct 19, 2016

China's COSCO Shipping Ports Limited Tuesday announced its subsidiary has acquired a 40-percent stake in Italy's Vado Holding B.V. from Maersk Group's APM Terminal for 53 million euros (58.3 million U.S. dollars). Vado Holding operates ...

Tags: COSCO, Overseas Shipping

Six-Company Foreign Consortium Wins Bid for Implementing Sez in Myanmar

Dec 31, 2015

Myanmar authorities announced Wednesday that a consortium of six foreign group companies, led by China's CITIC, has won the bid for implementing two projects of the country's newly planned special economic zone (SEZ) in Kyaukphyu, western ...

Tags: Six-Company, Implementing SEZ

Port Metro Vancouver's Customers Are Starting to Feel The Pinch of The Ongoing Strike

Mar 12, 2014

Port Metro Vancouver's customers are starting to feel the pinch of the ongoing strike by over 1,000 container truckers demanding better wages and shorter wait times at terminals. "The impact of truckers walking off the job is in the order ...

Tags: Transportation, Auto Parts

Hutchison Ports Holdings Has Begun Operations in Brisbane

Jan 23, 2014

HPH deputy chairman, John Meredith (left) and Acting Prime Minister, Warren Truss cut the cake to celebrate the official opening of Brisbane Container Terminals. The third Australian stevedore, Hutchison Ports Holdings, has begun ...

Tags: Service

The University of Sydney Business School Joined with The Leading Research Institutions

Dec 18, 2013

The University of Sydney Business School’s Institute of Transport and Logistic Studies (ITLS) has joined with six of the world’s leading research institutions in an effort to address the complex challenges facing ports and their ...

Tags: transportation, shipping ports

Oil Tankers Are Remaining at Anchorage Having Been Evacuated From Qingdao Port, China

Nov 28, 2013

Inchcape Shipping Services (ISS), is advising that oil tankers are remaining at anchorage having been evacuated from Qingdao Port, China. Currently only the oil terminals are affected, with the exception of Dagang terminal, located at east ...

Tags: oil, tanker, anchorage, Qingdao Port, explosion

A New Containerization Facility Has Been Opened Adjacent to The Port of Montreal

Nov 25, 2013

A new containerization facility has been opened adjacent to the Port of Montreal, which will see agricultural products containerized for shipment locally and internationally. Newly formed CanEst Transit has signed a long-term lease with ...

Tags: Transportation, Port

Further Economic Reforms Are Required in The Container Stevedoring Industry

Nov 7, 2013

In its 15th annual monitoring report, the Australian Competition and Consumer Commission has highlighted that further economic reforms are required if future benefits of continuing industry reforms and increasing competition in the ...

Tags: economy, Shipping Industry, Logistics

Kalmar,Part of Cargotec,Has Completed The Relocation of Five STS Cranes for TPT in Durban

Nov 7, 2013

Kalmar completes the relocation of five ship-to-shore cranes for Transnet's Durban Container Terminal Wednesday, Nov 06, 2013 Kalmar, part of Cargotec, has completed the relocation of five ship-to-shore (STS) cranes for Transnet Port ...

Tags: Transportation, Service

Two Diesel Engine Models for New Project Was Selected by Omnitek Engineering

Nov 6, 2013

Omnitek Engineering has commenced the second phase of the Puget Sound Clean Air Agency pilot project by choosing 12.7l Detroit Diesel Series 60 and the Caterpillar C15 engine models. As part of this project, the company will develop ...

Tags: Diesel Engine, Omnitek Engineering

Li Ka-Shing Would Not Withdraw Capital From The Hong Kong Market

Sep 24, 2013

Li Ka-shing, the richest person in China, said on September 17 that he would not withdraw capital from the Hong Kong market. Cheung Kong (Holdings) Ltd. (SEHK: 0001) and Hutchinson Whampoa Ltd. (SEHK: 0013), two listed firms controlled ...

Tags: HK, economy

Gulftainer Company Limited Was Established in 1976 in The United Arab Emirates

Aug 19, 2013

Gulftainer Company Limited was established in 1976 in the Emirate of Sharjah in the United Arab Emirates. The company's primary role is to manage and operate the container terminals in Port Khalid and Khorfakkan on behalf of Sharjah Port ...

Tags: shippment, Service, Transportation

CMG Signed a Framework Agreement with The Government of Sri Lanka

Jun 3, 2013

China Merchants Group (CMG) announced on May 31 that it signed a framework agreement with the government of Sri Lanka to invest in and operate highways and container terminals in the country. The phase 1 of the Colombo South Container ...

Tags: Transportation, container terminals

China Has Especially Strengthened The Container Transport System

May 29, 2013

China's coastal ports enable the transportation of coal, containers, imported iron ore, and grain; roll-on-roll-off operations between mainland and islands; and deep-water access to the sea. In port construction, China has especially ...

Tags: Chinese ports

The Tender Process for The MIT Has Drawn Praise, But Also Attracted Criticism

May 23, 2013

The federal government’s opening of the tender process for the Moorebank Intermodal Terminal (as reported on Transport and Logistics News) has drawn praise from the rail industry, but also attracted criticism for its questionable ...

Tags: Rail industry, Moorebank

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