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| April 2014 Issue |
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A Corporate Struggle for Russia’s Largest Port
By Eugen Gerden
Novorossiysk Commercial Sea Port (NCSP), Russia’s largest sea port and one of the largest in Europe may be in the center of a corporate fight between its major shareholders, which may negatively affect its activities and result in the decline of revenue.
So far, the port has been controlled equally by Transneft, a Russian state-controlled business responsible for the national oil pipelines and Summa Group, a diversified private holding, specializing in investment activities in port logistics, engineering, construction, telecommunications and the oil and gas sectors, however both companies have recently announced their plans to split up the business….. (More)
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Hapag-Lloyd, CSAV Sign Merger Agreement
German shipping company Hapag-Lloyd AG and Chilean shipper Compañía Sud Americana de Vapores (CSAV) have signed a binding contract to merge CSAV’s entire container business…(Read Full Article)
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Port of Woodland Picks New Executive Director
by Mark Edward Nero
During a special meeting on April 22, the Port of Woodland Board of Commissioners selected Jennifer Keene, an economic development planner with Cowlitz-Wahkiakum Council of Governments, as the port’s …(Read Full Article)
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Port of Tacoma Container Volumes Rebound
by Mark Edward Nero
After a down month in February, container volumes through the Port of Tacoma bounced back in March, posting a gain of more than eight percent compared with the same month last year, according to …(Read Full Article)
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Port of Redwood City Dedicates
$17 Million Wharf
by Mark Edward Nero
A state-of-the-art, $17 million wharf was dedicated and opened by the Port of Redwood City during an April 23 ceremony…(Read Full Article)
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