Requiring shippers to pay extra for off-peak gate hours may not solve congestion problems at the Port of Oakland, a shipper advocacy group contends. In a 19 August letter to the Federal Maritime ...
Shippers balk at Oakland off-peak scheme
Royal Imtech bankruptcy threatens 500 Netherlands businesses
According to Dutch research firm USP Marketing Consultancy, 500 companies in the installation sector are affected by Royal Imtech's bankruptcy with about 100 fearing for their survival. The 500 firms ...
Israel’s ZIM trebles 2Q earnings
The Israel-based carrier ZIM has trebled its earnings in the 2Q15, announcing revenue of USD74 million compared to USD23 million in the same quarter last year. In a statement released on Wednesday, ...
DSME cancels drillship order
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has cancelled a drillship order after the customer missed a payment. In a Korea Exchange filing, DSME said the KRW703.4 ...
More Chinese ports restrict handling of hazardous cargoes
More Chinese coastal ports have followed in the footsteps of the port of Tianjin to curb the handling of hazardous chemical cargoes at the port areas. After the Tianjin explosions, Yang Ming Marine ...
Newcastle’s coal port price hike under scrutiny
Mining conglomerate Glencore Coal is unlikely to win its appeal to undo a 60% price hike in the world's biggest coal export port of Newcastle, Australia. The new port owners, a consortium of Hastings ...
WSC wins $46m Pengerang terminal sub-contract
Malaysia-listed oil and gas services company Wah Seong Corporation (WSC) has secured a MYR188.96 million (USD46 million) sub-contract to supply and deliver coated steel pipe piles to Pengerang ...
Dalian port profit up for 1H15
Shanghai-listed Dalian port recorded profit of CNY286.1 million (USD44.71 million) for the first half of 2015, up 0.6% from its profit of CNY284.4 million a year ago. The port's revenue was at CNY4.1 ...
New Zealand ports battle for business
Ports of Auckland (POAL) has detailed plans to take on major competitor Port of Tauranga's (POT) catchment in the Bay of Plenty region. Timing its news just 24 hours ahead of the release of POT's ...
MAN engines ordered for world’s largest CSD
German manufacturer MAN Diesel & Turbo is to supply the engines for what will be the world's largest cutter suction dredger (CSD), ordered by Belgium dredging company Jan De Nul. Currently ...
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