China will finance the building of a second port in Kenya

Ship calls to the Philippines increased by 4% in the third quarter of 2009, according to data from the Philippine Ports Authority (PPA).

Port congestion is at its highest for the first time since July 2009. The number of Capesize bulkers waiting to berth at Chinese iron ore ports hit a high at 45 vessels in July 2009, but this month, the number has risen to 60.

Mehr News Agency reported that the third largest container shipping company in the world started its operations in Bushehr Port of southern Iran.

China will finance the building of a second port in Kenya as well as a transport corridor and upgrade of a railroad linking Kenya’s Mombasa port and the Ugandan capital.

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