The Government of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme. Sagarmala is the flagship programme of…
DP World, one of the world's largest port operators, said on Thursday it is committed to the port project in Somaliland despite Somalia's move to ban the ports operator from operating in Somalia. Djibouti's decision to end a contract with…
Djibouti's container port will remain in state hands as the government seeks investment, a senior official said on Wednesday in comments likely to reassure Washington where lawmakers say they fear it could be ceded to China. The Doraleh Container Terminal is a key asset for Djibouti…
The Port of Los Angeles processed 725,059 Twenty-Foot Equivalent Units (TEUs) in February, the busiest February in the port’s 111-year history. Volumes jumped 16 percent compared to last February. Two months into 2018, overall volumes have increased 5…
Somalia has banned Dubai ports operator DP World from operating in Somalia, saying that a contract that the company signed last year with the breakaway Somaliland region to develop an economic zone is null and void. It is unclear how Somalia's…
The migrants bolted across a street and clambered over a fence into the Greek port at Patras, scouting around for trucks to stow away in. Dozens at a time scaled a 2-km stretch of fence one afternoon last week, playing cat-and-mouse with…
India's ambition to become a major steel exporter could be disrupted by U.S. import curbs, Steel Minister Chaudhary Birender Singh said, underscoring the need for free trade. 'Our exports have increased substantially, about 40 percent growth during January to December (2017)…
Newly published research shows that U.K. ports and terminals have an estimated £1.7 billion ($2.36 billion) of port infrastructure investment in the development pipeline. The research is part of the British Ports Association’s ‘Port Futures’…
U.S. Commerce Secretary Wilbur Ross will speak with European Union representatives about lowering tariffs against the United States, President Donald Trump said on Monday.'Secretary of Commerce Wilbur Ross will be speaking with representatives…
In order to make port projects more investor friendly and make investment climate in the major port sector more attractive, the Indian Government has approved the revised Model Concession Agreement (MCA) for Public Private Participation (PPP) projects in Major Ports…
The South Korean government decided to restructure two financially-troubled mid-sized shipbuilders, said a report in Business Korea. While filing for court receivership for the debt-ridden Sungdong Shipbuilding, the government has decided to save STX Offshore and Shipbuilding Co…
The U.S. Department of Transportation (US DOT) awarded a $12.7 million Fiscal Year (FY) 2017 Transportation Investment Generating Economic Recovery (TIGER) discretionary grant to the Alabama State Port Authority for the Southeast Automotive Gateway in Mobile…
Imports at the nations’ major retail container ports are expected to dip slightly this month, but that’s the result of annual Asian factory shutdowns for Lunar New Year rather than new tariffs on steel and aluminum imposed this week, according…
Led by Denmark, 13 EU Member States have called on the Commission to present an ambitious proposal on revising the Reporting Formalities Directive. Danish Shipping strongly supports the ambition to sufficiently eliminate the huge administrative burdens on maritime carriers in the EU…
The Inland Waterways Authority of India (IWAI) proposes to develop a“freight village” in Varanasi, informs the government of India. The objective of the project is to support economic development in the hinterland of the multimodal terminal…