NWS Holding Plans to Build 18 Container Terminals in China
The Hong Kong based investment and development company NWS Holdings announced the plans to invest some $1.76 billion in the development of railway container cargo infrastructure in China.
The Hong Kong based investment and development company NWS Holdings announced the plans to invest some $1.76 billion in the development of railway container cargo infrastructure in China. Most of these funds will be spent on constructing...
NWS Holding , Hong Kong , China , container terminal , investment , infrastructure
Container Turnover in China’s Ports Declined by 10%
... reached 66.73 million TEU. Sea ports serviced 60.2 million TEU (-9.6%), while river ports serviced 6.53 million TEU (-12.7%). In July the container turnover declined by 3.8% to 10.56 million TEU. According to the information received from China’s transport ministry, this decline is not critical because it is the smallest decline since the start of the year.
During the first seven months of 2009 the cargo turnover in China’s ports showed positive dynamics and grew by 3.9%...
China , ports , container turnover
China Creates the World’s Largest Port Operator
The largest port operator is being created in China. Hebei Port Group is situated in the Hebei region of China. The company is a state-owned enterprise that includes the ports of Qingdao, Tsaofeydyan, and Xuange, as well as some 40 smaller ports in the Bohai Sea.
The largest port operator is...
Hebei Port Group , Hebei , China , port operator
Evergreen and China Shipping to Combine Services
Evergreen and China shipping have agreed on joint use of the Asia - Western Coast of US, the Asia - Europe, and the Asia - Mexico - Eastern Coast of US services.
Evergreen and China shipping have agreed on joint use of the Asia - Western Coast of US, the Asia -...
China Shipping , Evergreen , China , US , services , combine
China’s New Port Development Strategy
China introduced a new strategy of developing the port of Yangshan. According to the plan developed by the Chinese officials, the port will be transformed from a regional port into a global hub for sea container operations by 2020.
China introduced...
Yangshan , Shanghai , China , development
Costa Rica and Chile to Combine China Services
In order to reduce transportation costs, the Foreign Trade Association of Costa Rica has signed a cooperation agreement with its Chilean counterparts which presumes organizing joint services and combining routes for container exports going to China.
In order to reduce transportation costs, the Foreign Trade Association of Costa Rica has signed a cooperation agreement with its Chilean counterparts which presumes organizing joint services and combining routes for container exports going to...
Costa Rica , Chile , China , export
Cuts on Panama Routes
Starting from the 27th of September, CMA CGM, Maersk and Hyundai are planning to cut their services between the ports of China, South Korea, and the eastern coast of US via the Panama canal.
Starting from the 27th of September, CMA CGM, Maersk and Hyundai are planning to cut their services between the ports of China, South Korea, and the eastern coast of US via the Panama...
CMA CGM , Maersk , Hyundai , China , South Korea , US , Panama Canal
Binghai to Connect North And South of Far East
China’s Xinhua News Agency has announced the PRC government decision to create a new international sea cargo logistics center in Binghai near the port of Tianjin.
China’s Xinhua News Agency has announced the PRC government decision to...
Tianjin , Binghai , China
COSCO Pacific Expands Business
COSCO Pacific, one of China’s largest port operators, announced the plans to expand its foreign networks of container terminals and to increase its shares in the terminals of other companies.
COSCO Pacific, one of China’s largest port operators, announced...
COSCO Pacific , China , terminals
Chinese Ports Slacken Pace
... container ports during 2008 will be 5.5% higher than during 2007 when the volumes grew by 13.5%. For the last 10 years the container conveyance growth rates have been exceeding 10%.
Like in the previous years, the highest growth rates have been recorded in China. Eight of China’s largest ports which together serviced 110 million TEU in 2007 (this amounts to 80% of China’s total container turnover), serviced some 8.3% more containers in 2008.
Deliver info:
The Institute of Shipping Economics...
China , ports , container turnover , ISL
COSCON Introduces Global Tracking System
... (COSCON) announced the launching of a new global real-time tracking system for its containers using the GPS technology and offering this service to its clients. This program is the first large-scale implementation of satellite cargo tracking system in China.
COSCON Logistics official announcement says the implementation of this system will allow the company to improve its supply chain, increase cargo security, reduce the flow time of information about the condition and location of cargo, and cut the...
COSCON , GPS , China
Zim Explores New Ports
... (Saturday) -Barcelona (Tuesday) Tarragona (Tuesday).
Starting from August, Zim’s vessels will start calling at the port of Almeria in southern Spain.
Zim’s vessels will also start calling at the Da Chan Bay terminal in the port of Shenzhen (China) as part of its ZCS (Asia - Eastern Coast of US / the Caribbean) and EMX (Asia - Eastern Mediterranean / Black Sea) services starting from August.
“We are glad to see that more and more carriers are ready to use the Da Chan Bay terminal for...
Zim , service , Spain , China
CSCL Doubles Rates
China Shipping Container Lines, the China’s second largest shipping company in terms of container volumes, announced that the company would almost double the shipping rates on its Asia-Europe routes by the end of this month.
China Shipping Container...
China , CSCL , Shanghai , rate increase
Shanghai Volumes Down
...
Deliver info:
Shanghai International Port (Group) Co. manages all terminals in the port of Shanghai. The company was created in 2003 by reorganizing the the port’s administration. 44.23% of its shared belong to the city of Shanghai, 26.54% belong to China Merchant International Terminals (Shanghai) Co., and 16.81% are owned by Shanghai Tongsheng Investment (Group) Corp.
Shanghai , China , containers
Beijing Invests in River Cargo Vessels
The central government of the People’s Republic of China plans to invest some $200 million in the development and construction of new river container vessels which will be able to reach the deep-water sea port of Yangshan (Shanghai district) by using the inland river waterways of Yantzi river.
The central...
Yangshan , Shanghai , China , development
CSCL Makes Losses
China Shipping Container Lines Co. (CSCL), China’s second largest container operator in terms of shipping volumes, made a loss of $176 million in the first quarter of 2009.
China Shipping Container Lines Co. (CSCL), China’s second largest...
CSCL , China , losses , crisis
Singamas Expects New Orders
...
“The global trade, having contracted at the start of the year to the lowest levels since 30 years, starts to show the signs of recovery thanks to the world governments who are spending trillions in order to support their economies. Sea cargo volumes in China increased in March for the first time this year, while at the same time we are witnessing a slower decrease of demand for container services. This is why we are expecting an increase of new orders soon” - he noted.
Deliver info:
The Singapore...
Singamas , China , container production
FESCO Changes Chinese Services
FESCO Transport Group reorganized its services that cover China.
FESCO Transport Group reorganized its services that cover China. Instead of FCDL North service (Vostochny Port - Vladivostok - Ningbo - Qingdao - Tianjin) which has been operating up until recently, the Chinese ports Ningbo, Shanghai and Hong...
FESCO , FCDL North , China
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