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Monthly Archives: August 2017

Transnet National Ports Authority appoints first female chief executive

The new chief executive is a qualified industrial engineer

Shulami Qalinge has become the first woman to be appointed chief executive at Transnet National Ports Authority (TNPA), succeeding Richard Vallihu who has been appointed group executive of operational readiness at Transnet Corporate Centre. The company said in a statement:  “The appointment is of significance for an organisation that prides itself on its advancement of women in the male dominated maritime ... Read More »

Abu Dhabi Ports signs agreement with Chinese province

Abu Dhabi Ports has signed a US$300m investment cooperation agreement with China’s Jiangsu Province to provide space for manufacturing in the Khalifa Port Free Trade Zone. China-UAE Industrial Capacity Cooperation Construction Management, established by Jiangsu Provincial Overseas Cooperation and Investment Company Limited (JOCIC) under the terms of the 50-year lease, will occupy and develop roughly 23.7m sq ft of the ... Read More »

Increased volumes help K Line return to profit

K Line's profit reflects a better year for container shipping

K Line’s container shipping business secured a profit of ¥6.1bn (US$55.1m) in the second quarter of this year, as the industry’s rebound saw it claim greater volumes on its services. The Japanese carrier handled 7% more volumes as freight rates recovered, reflecting steady cargo movements, and these improvements helped its revenue rise by 20.4% to ¥147.2bn ($US1.3bn). In particular, it ... Read More »