Latest News - page 122


Port Houston Promotes Mariacher, Soares

Mar 11, 2024

Earlier this year, 30-year Port Houston veteran Jeff Davis announced his retirement as Chief Port Operations Officer. The port's Executive Director Roger Guenther has subsequently announced the promotion of two long-term, well-regarded members…

Callan Marine Awarded Houston Dredging Contract

Mar 11, 2024

Galveston-based dredging contractor Callan Marine has been awarded a $136 million contract from Port Houston to dredge segment 1C of the Houston Ship Channel Expansion, under the port's Project 11 program.Callan will use its recently christened 32-inch cutter suction dredge…

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…

ZPMC Denies Posing Cybersecurity Risk to US Ports

Mar 10, 2024

Shanghai Zhenhua Heavy Industries (ZPMC) said on Sunday its cranes do not pose a cybersecurity threat, after U.S. congressional committees questioned the Chinese state-owned company's work on cranes bound for the United States.The House of Representatives security panels…

US Invests Another $3 Billion into Clean Ports

Mar 08, 2024

The Biden-Harris Administration has unveiled a $3 billion initiative to fund clean ports, aimed at reducing emissions and advancing environmental justice. Announced by the U.S. Environmental Protection Agency (EPA), the Clean Ports Program will…

Blue Water Opens Project Logistics Office in Bremen

Mar 08, 2024

Denmark-headquartered transportation and logistics company Blue Water announced the opening of its new project logistics hub in Bremen, Germany, a move that targets regional growth and aims to help expand the company's energy, ports and projects division…

Argentina Grains Hub Expected to Get $550 Million New Port Investment

Mar 07, 2024

Argentina's government on Thursday said there are plans for a $550 million investment to build a new port in the Rosario region, a major farm hub which moves more than 80% of the South American nation's agricultural and agro-industrial exports…

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…

US Container Shippers Slow Walk New Contracts, Eye Easing of Red Sea Rate Hikes

Mar 06, 2024

U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi…

Brazil Prosecutors Want Blasting at Paranagua Port Halted

Mar 06, 2024

Federal prosecutors in Brazil have recommended that the country's environment agency Ibama suspend blasting work in the bay of Paranagua port pending an investigation into the death of a diver, according to a statement on Wednesday.The statement…

SSA Marine Adds First Electric Forklift in Port of San Diego

Mar 06, 2024

Marine terminal operator SSA Marine said it has placed into service the first of six pieces of zero-emissions cargo handling equipment that the company will introduce at the Port of San Diego’s Tenth Avenue Marine Terminal over the next 12 to 18 months…

Greece Launches Tender for Stake Sale in Lavrion Port

Mar 06, 2024

Greece has invited investors to submit an expression of interest for a stake of at least 50% in its Lavrion port near Athens, its privatization agency HRADF said on Wednesday.The port, due to its proximity to popular tourist destinations such as the Cyclades islands and Greece's busiest airport…

Egypt's Non-oil Business Sector Hurt by Suez Canal Disruption

Mar 05, 2024

A downturn in Egypt's private sector activity deepened in February as a drop in Suez Canal freight due to attacks on shipping in the Red Sea worsened a long-running foreign currency shortage, a survey showed on Tuesday.The S&P Global Purchasing Managers' Index (PMI) for Egypt slipped to 47…

Singapore and Australia Formalize Corridor Collaboration

Mar 05, 2024

Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia green and digital shipping corridor.The MoU was signed by Chee Hong Tat, Singapore’s Minister for Transport and Second Minister for Finance…

Singapore Highlights its Maritime Achievements for 2023

Mar 05, 2024

The Singapore government has recounted the achievements of Maritime Singapore to date to highlight the nation’s successes as a maritime hub in 2023:Total business spending by key maritime companies overseen by MPA exceeded S$4.8 billion, up from S$4…

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