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The government of the city of Hamburg wants to use the internal waterways to deliver containers to and from the port to the inland areas of Germany.
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Sical Logistics Ltd., India’s leading supplier of complex logistics solutions and a large container operator, announced the company’s audit results of the consolidated earnings before interest, tax, depreciation, and amortization (EBITDA) of $20 million, an increase of 9% compared with last year.
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The two largest American sea ports of Los Angeles and Long Beach (San Diego district, Southern California) demonstrated sharp decline in container throughput volumes in May.
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The Russian transport minister Igor Levetin and the prime minister of Tatarstan Rustam Minikhanov signed a memorandum for constructing a multimodal interregional logistics center (MMLC) in Sviyazhsk, Tatarstan.
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The South Korean shipping company Hanjin Shipping (one of the key cargo operators on the Asia-US routes) received a new Capesize cargo vessel with a deadweight of 180 thousand tones named Hanjin Sines.
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The Baltic dry index (BDI) which tracks prices for transportation of bulk cargo around the world started growing again after a short slump. According to the London-based Baltic Exchange, as of the 12th of June of 2009 the index reached 3,583 points.
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Kawasaki Kisen Kaisha Ltd. (K-Line), Japan’s third largest container line in terms of sales, introduces an additional bunker surcharge starting from the 1st of July 2009.
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The container turnover volumes in the world’s largest port of Singapore decreased by 18% year-on-year between January and May 2009 and reached 9.93 million TEU.
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The South Korean company Hanjin Shipping plans to launch a new vietnamese service SJX (South East & Japan Express) on the 21st of June which will connect Malaysia, Singapore, and Vietnam with the Western coast of the US via Japan.
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The Danish shipyard Odense Steel, which os owned by A.P.Moeller-Maersk, agreed to postpone the delivery of three bulk cargo vessels ordered by Pacific Basin.
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Sberbank Capital Ltd, the subsidiary company of the Russian Sberbank, acquired 10% take in the Global Ports Investments (GPI) from N-Trans Group.
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In May 2009 the cargo turnover in container terminals operated by the National Container Company (NCC) grew by 7.5% compared with April and reached 100,720 TEU.
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The Port Tanjung Pelepas (PTP), the location of Malaysia’s leading container terminal, announced an increase of its throughput capacity this year by 9%.
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The award presentation ceremony of the all-Russian contest “Russia’s Logistic Operator” took place in Moscow where the contest winners received their awards.
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JSC TransContainer’s net profits for 2008 (according to the international accounting standards, IAS) grew by 84.6% year-on-year and reached 3.570 billion rubles, the company’s official announcement says.
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N-Trans Group plans to pay off $175 million worth of eurobonds on the 22nd of June by exercising its put-option.
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Kawasaki Kisen Kaisha (K-Line), Japan’s third largest container line in terms of sales, plans to cut operating costs by $20-30 million and to cancel a number of European services.
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Malaysian shipping company MISC Berhad and Chinese LNG Shipping (one of the world’s leading companies transporting liquid gas) plan to create a joint venture for building tankers to transport liquid gas between Malaysia and China.
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Maersk Line will increase shipping rates on the routes between Europe and Asia for the second time in two months.
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Container turnover in the Vladivostok Container Terminal (VCT, part of FESCO Transport Group) decreased by 21.4% during January - May 2009 period compared with the same period of 2008 and reached 71,625 TEU.
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