New LNG Transshipment Terminal Gets Approval

New LNG Transshipment Terminal Gets Approval

Russia’s federal autonomous institution, Glavgosexpertiza has reviewed and approved the design documentation and engineering survey results for the construction of an LNG transshipment terminal in the Kamchatka Territory. In October 2017, the Kamchatka government and PJSC Novatek signed an agreement...
read more
Ports & Cargo Acquires Five Cranes, Ten Terminal Tractors, Others

Ports & Cargo Acquires Five Cranes, Ten Terminal Tractors, Others

By citybusinessnews@yahoo.com As part of measures to position itself as a first-choice terminal for importers, exporters and shippers in Nigeria and West Africa, Ports & Cargo Handling Services Limited, the flagship company of SIFAX Group, has acquired som...
read more
NPA Refutes Bua’s Allegations, Insist On Arbitration

NPA Refutes Bua’s Allegations, Insist On Arbitration

Despite the alleged delay by BUA Ports and Terminal Limited, the Nigerian Ports Authority (NPA) is prepared to diligently pursue the arbitration process, which it initiated, General Manager, Corporate and Strategic Communications, Jatto Adams has said.  I...
read more
Seaport Gets New Terminal, Additional Berths

Seaport Gets New Terminal, Additional Berths

Ukraine’s Port of Chornomorsk is set to undergo an upgrade worth over UAH 3 billion (USD 118.8 million), receiving a new grain terminal and additional berths. The investment is part of a public private partnership between state-owned Ukrainian Sea Ports...
read more
New Terminal Secures More Share Of LPG Market

New Terminal Secures More Share Of LPG Market

With the recent launch of Canada’s first marine export terminal for propane, the country is set to attract a good share of the Asian LPG market, according to shipping consultancy Drewry. Altagas’s Ridley Island Export Terminal (RIPET), located in Prince...
read more
Container Terminal Declares $1.2B Revenue For 2018

Container Terminal Declares $1.2B Revenue For 2018

Philippines-based port management company International Container Terminal Services (ICTSI) has increased its 2018 profit on the back of a six percent increase in TEU volume and inclusion of new terminals. Consolidated volume for 2018 rose to 9,736,621 TEUs, c...
read more
SIFAX Group Gets Most Outstanding Indigenous Terminal Operator Award

SIFAX Group Gets Most Outstanding Indigenous Terminal Operator Award

SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has won the most outstanding indigenous terminal operator award in Nigeria. The award was conferred on the company by...
read more