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|  DP World reports 10.7% gross volume growth in Q2 2017  |    |  Major Ports post combined net surplus of INR 2820 cr in FY 2017  |    |  Odisha sets a target to reach INR 1 lakh cr exports by 2025  |    |  Shapoorji Pallonji Group to spend INR 2,000 cr in Odisha Gopalpur Port  |    |  Air India SATS Airport Services launches mobile app for tracking cargo  |    |  IndiGo & Jet introduce additional flights to Doha, Mumbai from Kozhikode  |    |  Port of Rotterdam registers impressive container throughput rise in H1  |    |  New waterways to connect India with Bangladesh  |    |  Yang Ming to start New Korea-Taiwan-Hong Kong service  |    |  DFC to be commissioned in 2 years  |    |  Domestic air traffic up 20% in June  |    |  No new port in 100 km vicinity of major ports  |    |  IRCTC to install 1,100 water vending machines at railway stations  |    |  Port of Antwerp first half volume increases by 1.9% to 5,143,305 TEU  |    |  Asia-Europe rate falls 2.1% to USD 919 TEU, declines 3.1% to USWC  |    |  Operations at international cargo terminal likely to begin soon  |    |  Haicang Port sees 1H cargo rise 20.7% to 3.12 million TEU  |    |  Bahri gets delivery of 39th VLCC, strengthens its leading position  |    |  Shreyas Shipping & Logistics signs MoA to acquire one Multipurpose vessel  |    |  Businessman to sell 12% stake in CIAL  |   
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DP World reports 10.7% gross volume growth in Q2 2017
DP World Limited handled 34 million Twenty Foot Equivalent Unit (TEU) across its global portfolio of container terminals in the first half of 2017, with gross container volumes growing by 8.2% year-on-year on a reported basis and 7.7% on a like-for-like basis, with second quarter growth rates accelerating to 10.7% year-on-year on a reported basis and 10.4% on a like-for-like basis, ahead of Drewry Maritime’s upgr ...
Essar Bulk Terminal eyes 50% rise in cargo handling in fiscal 2018
Essar Bulk Terminal Limited, a special purpose vehicle (SPV) set up under Essar Ports Limited, is looking to a sharp increase in cargo handling at its Hazira port terminal following the company's focus on third-party cargo. In 2016-17, the company registered total cargo handling at Hazira port at 18 million tonnes (mt), which it expects to increase to about 28-29 mt by March 2018. The company has also signed an ...
Port of Oakland June volume up 5.1% beats June 2006 all time record
Port of Oakland handled 80,253 laden Twenty Foot Equivalent Unit (TEU) import containers in June, up 5.1% year on year and breaking the monthly record of 78,326 TEU set in June 2006. Port of Oakland Maritime Director John Driscoll said that "As we near autumn, retailers begin stocking up for the holidays.” He said that "Healthy volumes now might be a preview of what we can expect for peak season ...
Kandla Port awards channel maintenance dredging contract
Kandla Port Trust (KPT) has awarded Van Oord the contract to keep the approach channel to the Port up to depth for the next three years. The approach channel is a crucial gateway to Kandla Port, the country’s leading Major Port. The dredging activities will commence this month, said a release. Ton van der Burg, South West Asia Area Manager said that "We are very happy to win this project after ha ...
Container volumes at Singapore Port increase 8.5% in June
Container volumes at the port of Singapore have risen in June compared to the year-ago level, according to preliminary estimates from the Maritime and Port Authority of Singapore (MPA). In June 2017, box throughput was recorded at 2.82m Twenty Foot Equivalent Unit (TEU), an increase of 8.5% compared to 2.6m TEUs seen in June 2016. Last month’s volumes, however, dipped by 5.7% month-on-month from 2.99m TEU ...
DP World may restart development of Jebel Ali terminal 4 in 2018
DP World may recommence the expansion of the USD 1.6 billion fourth terminal at its flagship Jebel Ali port in 2018. The expansion work was shelved last year owing to a softening in the container shipping market. The company said last year it was slowing down work in Jebel Ali, the biggest port in the Middle East and North Africa, by postponing new additions to Terminal 3 into this year and postponing the const ...
Fast track development of Paradip & Dhamra Ports will boost India economy
Amitabh Kant, Chief Executive Officer (CEO) of Niti Aayog said on his visit to Odisha, Fast track development of the Paradip and Dhamra Ports and their increased connectivity will give a boost to India's economy. The two ports that together handle a capacity of 145 Million Metric Tonnes Per Annum (MTPA) are strategic as they act as a gateway for trade with the ASEAN region. In addition, the NH 16 and Howrah ...
Ocean Network Express will be sixth largest container carrier
According to a recent report from Drewry, Once the Ocean Network Express (ONE), a merged containership entity between Japan’s 3 largest ocean carriers, commences operations, it will be the world’s sixth largest carrier measured by containership fleet. The London-based maritime consultant projects the ONE will sport a fleet with close to 1.4 million Twenty Foot Equivalent Unit (TEU) of capacity, giving i ...
DP World, Kazakhstan work on air, land, sea connectivity
DP World has agreed with the government of Kazakhstan to install its "Port Community System" (PCS) software for this week's Astana Economic Forum. PCS is an electronic platform developed by DP World that enables quick information exchange between maritime, inland and airports. DP World Chief Executive Officer (CEO) Sultan Ahmed bin Sulayem said "multimodal connectivity is key to realizing the ...
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