Transnet National Ports Authority (TNPA) said it had built flexibility into the tender specifications for Operation Phakisa new build projects at its ports in order to meet the current economic climate. Speaking at the African Ports Evolution 2016 Conference in Durban last week…
U.S.-flag Great Lakes freighters (lakers) moved 9.1 million tons of cargo in September, a decrease of 7 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). The September float was also 8.7 percent below the month’s five-year average…
Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry.Denmark's A…
IRISH SEA freight ferry operator Seatruck says the opening of the new £124.5 million ($150.0mln) Bay Gateway relief road in Lancaster, is the biggest commercial opportunity for the Port of Heysham in its history. Seatruck CEO Alistair Eagles said the opening…
The Panama Canal Authority (ACP) has entered into a Memorandum of Understanding (MOU) with major UK ports operator, Peel Ports, who own the Port of Liverpool, as the latter gears up for the formal opening of its Liverpool2 container terminal in early November…
Indian private-sector power utility Torrent Power is seeking 38 cargoes of liquefied natural gas (LNG) for delivery over four years beginning April 2017, in what is likely to be the firm's first import tender. The firm is seeking offers…
Sagarmala, the ambitious program for ‘Port-led development’ in the country is all set to change the logistics sector performance by optimizing India’s logistics modal mix. The flagship program by the Ministry of Shipping will help in reducing…
Buckeye Partners LP, which operates pipelines and other transportation and storage assets for liquid petroleum products, said it bought a 50 percent stake in the marine terminal company VTTI BV for $1.15 billion. VTTI is a unit of Vitol Group…
DP World Limited handled 47.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2016, with gross container volumes growing by 2.2% on a reported basis, and up 1.0% on a like-for-like basis…
Compared to the excellent first three quarters of 2015 (+5.4%), cargo throughput in the same period this year fell by 1.9%. The decrease was particularly strong in coal and iron ore. Allard Castelein, CEO of the Port of Rotterdam Authority:…
Oman Ship Management Company (OSC) hosted a high-level conference in Mumbai for senior officers following a rapid rise in crew numbers. The ‘Seafarers’ Safety Conference’ was a platform for Oman Shipping Company’s subsidiary Oman Ship Management…
Innovation and technology use have become a competitive factor for the transport and logistics sector. The Port has launched Port Challenge Barcelona, a programme to support the creation of new technology-based businesses to improve the efficiency and competitiveness of the Port Logistics Community…
An Australia court overturned on Saturday government approval of a A$130 million fuel depot and port at Port Melville, off the country's north coast, handing a major victory to environmental activists.The facility, being developed by a unit of Singapore-based AusGroup…
Companies that ship grains from Argentina including Glencore, Cargill, Cofco, and Bunge, will invest some $1.2 billion over three years to improve infrastructure in the main port network of Rosario, the government said on Friday. The largest investment came from Renova…
The Northwest Seaport Alliance said it is set to launch two new mobile applications in early November aiming to help speed the flow of containers through port facilities and along local freight corridors, reduce idling-related air emissions and save fuel at the Port of Seattle and Port of Tacoma…