Port Development News

New Cruise Terminal to Be Built in Port of Klaipėda

4 hours ago

Lithuania's Port of Klaipėda said it is moving forward with plans to build a new cruise ship terminal following the conclusion of screening procedures for the assessment of potential environmental impacts.The Environmental Protection Agency…

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

5 hours ago

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…

Construction of Germany's First Land-based LNG Terminal Starts

Jun 28, 2024

The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub (HEH).The project on…

Ports of Indiana Says It Aims to Develop Container Terminals

Jun 17, 2024

The Ports of Indiana Commission approved Resolution 24-01 to launch “The Indiana Container Initiative” in support of developing multiple international container terminals within the state of Indiana.As a statewide port authority, Ports of Indiana…

Construction Begins at South Brooklyn Marine Terminal

Jun 10, 2024

A groundbreaking ceremony on Monday signaled the start of construction on what will be the nation’s largest dedicated offshore wind port at the South Brooklyn Marine Terminal (SBMT) in New York City.The 73-acre site that will serve as the operations and maintenance hub for Equinor's Empire Wind 1…

Public-private Partnership to Build $635 Million Port Terminal in Delaware

Jun 05, 2024

The State of Delaware will join the private operator of the Port of Wilmington, Enstructure, to build a new port terminal at a site in Edgemoor, Delaware. The Edgemoor industrial site was purchased in 2017 by the taxpayer-owned Diamond State…

Conflict Heating Up Over Cosco's Megaport in Peru

May 08, 2024

The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials have sought to backtrack on the deal…

Peru Seeks to Avoid Arbitration Over Chinese-built Mega Port

Apr 29, 2024

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday…

Peru's PM Says China-built Megaport Should Launch this Year After Dispute

Apr 04, 2024

A resolution to end a dispute between Peru and China's Cosco Shipping could come as soon as this week to ensure a megaport will start operations as planned by the end of the year, Peru's Prime Minister Gustavo Adrianzen said on Thursday.The…

Cosco Shipping Evaluating Impact of Peru's Lawsuit on Megaport Development

Mar 26, 2024

China's Cosco Shipping is evaluating the impact of a move by Peru's government to annual the exclusivity it holds over operations at the new Chancay megaport.Peru awarded exclusivity to Cosco Shipping to operate the port in 2021, but last week…

DP World to Build $50 Million Logistics Center in Busan New Port

Mar 17, 2024

DP World announced it is investing US$50 million (approximately ₩66 billion) to develop a new logistics center in Busan New Port.Construction of the facility in the 75,000-sqm land is set to commence at the end of 2024, with operations expected to start by the second quarter of 2026…

Biden's Pier for Gaza Aid Might Not be Ready for 60 Days

Mar 10, 2024

U.S. President Joe Biden's plan to build a floating U.S. military port to speed up aid to Gaza could take up to 60 days to become a reality and involve more than 1,000 American troops, the Pentagon said on Friday.The Pentagon offered the timeline…

US to Build Temporary Port to Deliver Gaza Aid

Mar 07, 2024

President Joe Biden will announce in his State of the Union speech on Thursday that the U.S. military will construct a temporary port on Gaza's Mediterranean coast to receive humanitarian aid by sea, senior administration officials said.Planning for the operation…

Herculaneum Port Site Cleared for Redevelopment as Intermodal Hub

Feb 26, 2024

A 300-acre property along the Mississippi River in Herculaneum, Missouri recently received Port District zoning making way for redevelopment as an intermodal transportation hub and industrial park.Located on the shipping lanes of the Mississippi River…

Current News

New Cruise Terminal to Be Built in Port of Klaipėda

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Delft Students Cross North Sea on Self-Built Hydrogen Boat

Damen’s New Dredger Starts Work in Indonesia

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