Panamanian President Jose Raul Mulino said on Thursday that the concession of contracts to operate two ports held and operated for nearly three decades by Hong Kong's CK Hutchison Holdings will 'never again' be issued to a single company.Panama's Supreme Court last week nullified CK Hutchison's contract to operate two ports along its strategic canal through its Panama Ports Company subsidiary, ruling…
Enstructure, a U.S. terminal and logistics company, has appointed Greg Baribault as President of Enstructure Northeast. This division provides dry bulk, liquid bulk, and breakbulk services to major markets in the Northeast and Canada. Baribault…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage and operate the Aqaba Multipurpose Port, Jordan’s only and exclusive general cargo and multipurpose seaport…
ADNOC Logistics & Services Plc (ADNOC L&S) has signed a 15-year strategic partnership agreement with Borouge, worth $531 million, to manage shipping and port logistics for the company’s expanding petrochemical exports.The agreement positions…
The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday.'It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs…
The Port of Corpus Christi and its customers moved 51.3 million tons of commodities through the Corpus Christi Ship Channel in the first quarter of 2025, driven primarily by increases in crude oil and liquefied natural gas (LNG) shipments.The 51…
The Port of Oakland has appointed Andre Basler as the first Director of Utilities. The newly created executive level position will administer the Port’s Utilities Division, which is undergoing sweeping changes with the upgrading of Port facilities and zero emission transformation…
China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.The repost…
U.S. Secretary of State Marco Rubio will visit Panama during his first overseas trip in the post, a source told Reuters on Thursday, as President Donald Trump makes a push for the United States to take back the Panama Canal that has angered the Central American country…
Several Texas ports began to resume operations on Wednesday, after winter storm Enzo moved out of the state, according to ports and a shipping notice seen by Reuters.The port of Freeport had resumed vessel operations on Wednesday morning, while…
Achilles Information Ltd (“Achilles”) announced that it has acquired the assets of Global Risk Management Solutions (GRMS), a provider of supplier risk management programs based in Irvine, California. This latest transaction builds on the success…
The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, Bloomberg news reported on Thursday, citing a person familiar with the matter.Talks between the ILA, which represents more than 45…
SC Ports has expanded its container yard at Inland Port Greer to handle customers' growth.South Carolina Ports is enhancing its intermodal connections in South Carolina with the ongoing expansion of Inland Port Greer and construction of the Navy Base Intermodal Facility…
Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…
A rush to replenish scarce supply of high-sulphur fuel oil (HSFO) pushed Northwest European imports of residual fuel oil to their highest in three years in November, analysts told Reuters.The Amsterdam-Rotterdam-Antwerp (ARA) area, Europe's main trading and refining hub…
