Ports News


Majority of U.K. Ports Not Prepared for Brexit

Jan 25, 2019

Only 16 percent of U.K. ports and harbor authorities have made “significant or practical” plans for Brexit, according to a survey.Leaders at almost every UK port and harbour authority – in total around 100 - were asked about their state of readiness…

Cosco Shipping Buys 60% Stake Peru's Chancay Terminal

Jan 24, 2019

Global ports operator Cosco Shipping Ports acquiring 60% stake in Terminales Portuarios Chancay (Chancay Terminal) from Volcan Compañía Minera for a total consideration of US$225million.Zhang Wei, Vice Chairman and Managing Director of Cosco Shipping Ports and  José Picasso…

No Lost Time Incidents during 2017 and 2018: ABS

Jan 24, 2019

ABS has recorded zero lost time work-related incidents for the second year in a row. The Lost Time Incident Rate (LTIR) has remained at 0.00 throughout 2017 and 2018, underscoring ABS’ industry-leading safety performance.“Safety is the foundation…

Port of Oakland's TraPac Concludes $67 million Buildout

Jan 24, 2019

A $67 million waterfront expansion concluded at the Port of Oakland this month, as TraPac marine terminal opened its newest vessel berth to arriving container ships.The milestone signals completion of a 2-year project at Oakland’s second-largest…

Haifa Port Co. Logs Record Year

Jan 24, 2019

Following the Port Reform Agreement that was signed on December 2018 - Haifa Port Company, the operator of all current terminals in Haifa Port, reports a total throughput of 26,264,000 metric tons and 1,464,000 TEUs in 2018, and it continues…

Offshore Terminal Plan Slowed by U.S. Shutdown

Jan 24, 2019

The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday…

Dubai Port Raises Stake in Australian Port

Jan 23, 2019

Dubai-based port operator DP World says it has acquired additional assets in DP World Australia (DPWA), giving the firm a majority stake in its Australian terminals.The percentage of what has been acquired from Gateway Infrastructure Investments…

Kavan Ratnayaka Appointed as Chairman of Sri Lanka Ports Authority

Jan 23, 2019

Kavan Ratnayaka has been appointed the new Chairman of Sri Lanka Ports Authority (SLPA). Ratnayaka assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) last week.Before his appointment as the Chairman of SLPA, Kavan Ratnayaka served…

Iranian Ports Records 78% Growth in Non-oil Transit

Jan 23, 2019

Iran's Director of Ports and Maritime office of Lengeh port announced an increase of 78 percent in non-oil transit, a 19 percent increase in safe passenger transport and an increase of 86 percent in container loading and unloading at ports in west of Hormozgan…

North Sea Port Receives the First Ship Balao

Jan 23, 2019

The ship Balao docked at Verbrugge Terminals in Vlissingen, in North Sea Port, carrying a cargo of fruit. This was the first ship to arrive as part of this logistical service provider's first permanent intercontinental shipping line.The ship was carrying fruit such as bananas and pineapple…

Singapore Solidifies Maritime Hub Status

Jan 23, 2019

Singapore has introduced two initiatives for the maritime industry - the Singapore War Risks Insurance Conditions (SWRIC) and the development of an inter-operability framework for electronic trade documents for the maritime and trade industries…

Hamburg Port Completes Rail Terminal Expansion

Jan 23, 2019

Hamburger Hafen und Logistik AG (HHLA) has completed a project to expand the rail facilities at its Container Terminal Burchardkai in the Port of Hamburg.Two extra tracks and two new rail gantry cranes have been added to the rail terminal at the Container Terminal Burchardkai (CTB)…

LNG Import: China is World's No. 2 buyer in 2018

Jan 23, 2019

China's imports of liquefied natural gas (LNG) in December soared 25 percent from the same period a year earlier to a monthly record of 6.29 million tonnes, customs data showed on Wednesday.The previous record of 5.99 million tonnes was set in November…

PORTS: NWSA Finishes 2018 on Strong Note

Jan 23, 2019

The Northwest Seaport Alliance’s total monthly container volumes for December reached 349,055 twenty-foot equivalent units (TEUs), a 11.6 percent increase over the same month last year.Total import volumes were up 20.2 percent at 159,550 TEUs…

New Commissioner for Duluth Seaway Port Authority Board

Jan 23, 2019

Commissioner Michael “Mike” Jugovich was appointed by the St. Louis County (SLC) Board to complete the remaining term of former Commissioner Pete Stauber on the Duluth Seaway Port Authority Board, effective January 8, 2019.Jugovich has held many positions over the years…

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