Vladivostok expanding
NewsRussia’s Commercial Seaport of Vladivostok (VMTP, part of FESCO Transportation Group – now state-owned through Rostam) is increasing its fleet of cargo handling equipment and upgrading its infrastructure.
IPS sets record
Hutchison Port Holdings’ International Ports Services (IPS) in the Saudi port of Dammam has announced a significant increase in throughput, and a new productivity record. It handled over 600,000 TEU in the first four months of the year, growth of 16%, which it attributed to stronger trade and its own capacity to move containers more efficiently.
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