The international container terminal operating company headquartered in The Hague, APM Terminals has invested EUR 47 million (USD 53 million) in the Port of Barcelona over recent months.The most recent investment was the acquisition of 29 new straddle carriers…
New fireboat will provide enhanced firefighting and rescue capabilities for maritime and commercial space. The Canaveral Port Authority will receive $1.5 million in funding from the State of Florida to support the acquisition of a specialized…
Kawasaki Kisen Kaisha, Ltd. ('K” Line), Taiwan Power Company (Taipower), U-Ming Marine Transport Corporation (U-Ming), and Kuang Ming Shipping Corporation (Kuang Ming) have agreed to establish a new joint venture shipping company, and jointly signed Memorandum of Understanding（MOU）in Taipei…
2019-007-Red Sea, Gulf of Aden, Arabian Sea, Gulf of Oman, and Indian Ocean-Violence Due to Regional Conflict and PiracyDescription:This revised advisory cancels U.S. Maritime Advisory 2018-0151. References: (a) U.S. Maritime Alerts 2018-001A…
The South Korean container liner shipping company Hyundai Merchant Marine (HMM) will join THE Alliance as a full member. Through this, the members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030…
“Consistent Compliance” : The Paris MoU has published its 2018 Annual Report on July 1, 2019, which can be found on the website. This report contains the details of the activities of the Paris MoU during 2018. In 2018 there were 24 Refusal of Access Orders (referred to as “bannings”) issued…
In Port and at Sea: NAVSUP Fleet Logistics Center Yokosuka Supports Navy Ships and Crews. Understanding how that happens can benefit commercial stakeholders, as well.As the post-Cold War Navy once again faces near-peer competitors at sea, it…
Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.Topaz is a provider of marine logistics to the global energy industry. The deal is the…
The Massachusetts Port Authority (Massport) picked its port director, Lisa Wieland, to be its next Chief Executive Officer(CEO), bypassing the other finalist, a member of the city's power elite, for one of the most influential public-sector jobs in the state…
The world’s largest port operator DP World is in advanced discussions to acquire Topaz Energy & Marine, marking the Dubai-based company's first potential foray into the oil and gas industry.Britain’s Sky News, citing sources, earlier reported that a $1…
APM Terminals Medport Tangier container terminal has officially opened its doors in Morocco.Part of the Tanger Med Port complex, it has an annual capacity of 5 million TEUs (twenty-foot equivalents).'With this new capacity, Morocco is establishing…
A $513.6 million operating budget for fiscal year 2020 has been approved at the Port of Oakland. The Port’s governing Board OK'd the spending plan at a meeting yesterday.The new budget is up about 4 percent from the one adopted for fiscal year 2019…
Crowley Logistics has promoted two of its veteran leaders, Sal Menoyo and Patrick Collins, to continue advancing the efficiency and growth of its integrated supply chain services in the U.S., Puerto Rico and Caribbean islands.Menoyo has been named vice president…
More than 135 shipping lines at the Port of Long Beach recently were lauded for voluntarily participating in the Port’s Green Flag Incentive Program, which offers financial incentives for cargo vessels to slow down near the port to reduce air pollution…
For the first time in its nearly 50-year history, Port of Indiana-Burns Harbor welcomed general cargo vessel HC Melina carrying a unique shipment of two, large rubber-tire gantry (RTG) cranes destined for the CSX Intermodal Terminals’ facility in Chicago…