Latest News - page 39


Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

May 01, 2025

Port Canaveral is investing upwards of $500 million in landside and waterside improvements as part of its “Port Canaveral Advantage” plan to expand capacity and capabilities across all aspects of its business operations.'Port Canaveral Advantage'…

Syria Signs New 30-Year Deal with CMA CGM

May 01, 2025

Syria on Thursday signed a 30-year deal with French shipping and logistics group CMA CGM that includes building a new berth at Latakia port and investing another 230 million euros ($260 million) over the course of the partnership, a company official said…

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

May 01, 2025

India's Adani Ports and Special Economic Zone issued a higher year-on-year revenue growth forecast for fiscal 2026 on Thursday, citing strong port volumes, after posting a better-than-expected quarterly profit.The country's top private port…

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

May 01, 2025

French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar…

New Chief Executive Appointed at MPA Singapore

Apr 30, 2025

Ang Wee Keong, currently the Assistant Chief Executive (International) of the Info-Communications Media Development Authority (IMDA), will take on the role of Chief Executive of the Maritime and Port Authority (MPA) effective June 16.In his current role…

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

Apr 30, 2025

India's JSW Infrastructure said on Wednesday it expects cargo volume growth to rise in fiscal year 2026, driven by domestic sectors' resilience, while minimising concerns over U.S. tariff-led trade uncertainties.The port operator anticipates a 10% growth in volumes…

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Apr 30, 2025

Magazzini Generali Silos Frigoriferi (MGSF), part of the Klingenberg Group, has ordered a Konecranes Gottwald ESP.6 Mobile Harbor Crane to support its operational and environmental goals at the Port of Naples. The deal was booked in Q1 2025…

The Port of Klaipėda Begins 2025 With a 15% Increase in Cargo Handling

Apr 30, 2025

The Port of Klaipėda has achieved a strong start to 2025, with nearly 10 million tons of cargo handled in the first quarter—a 15% increase compared to the same period last year. This growth, amounting to almost 1.3 million additional tons, was…

Coast Guard, Partners Target Containers at Port of New York and New Jersey

Apr 30, 2025

Coast Guard Sector New York personnel conducted three warehouse spot checks at the Port of New York and New Jersey this week, uncovering a 60% deficiency rate in hazardous material compliance.  The targeted inspections, driven by Customs and Border Protection (CBP) container screening data…

Keys to Keeping Offshore Metal Structures Ship Shape

Apr 30, 2025

In this segment of Offshore Engineer TV, Paula Lepore, Global Projects Engineering Manager and Anshul Godha, Materials Scientist at Parker Hannifin discuss a new approach to understanding and mitigating stress corrosion cracking (SCC) and hydrogen embrittlement (HE): including what it is…

Ocean Aero to Continuously Monitor the Port of Gulfport Autonomously

Apr 30, 2025

On May 1, the Port of Gulfport will implement continuous autonomous subsea surveillance. Using Ocean Aero’s technology, the Triton AUSV, they will begin running ongoing scans using a variety of subsea payloads, including bathymetry, side-scan sonar…

BIMCO: Dry Bulk Market Supply and Demand Balance Will Weaken in Coming Years

Apr 30, 2025

The tariff increases by the US and China in effect as of April 25 are estimated to directly affect 4% of dry bulk ton mile demand. They are expected to impact the growth of minor bulk cargo volumes, as shipments to the US may stagnate or decrease…

HPC Finalizes Pre-Feasibility Study for Porto Fundo Terminal

Apr 30, 2025

HPC Hamburg Port Consulting (HPC) has successfully delivered a pre-feasibility study for the development of a bulk cargo terminal at Porto Fundo in Santa Cruz, Cabo Verde. Commissioned by Spanish infrastructure company COPISA, the study provides…

Charting the Evolving U.S Offshore Wind Landscape

Apr 30, 2025

Only four or five months ago, the U.S. offshore market seemed poised to embark on a phase of major expansion to become one of the world’s largest markets for offshore wind installations. How things have changed with the swearing in of the new Trump Administration…

LA Port Executive Director: Shipping Volume Will Plummet 35% Next Week

Apr 29, 2025

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…

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