The American Association of Port Authorities (AAPA) is very concerned with the U.S. Senate’s approval of a fiscal 2020 appropriations bill that cuts funding by more than two-thirds to a U.S. Department of Transportation Maritime Administration…
Europe’s fastest growing port, the Port of Gdansk, has outlined huge expansion plans designed to double its cargo volumes to 100m tonnes a year, during a high-level maritime and business delegation from Poland to Singapore.The delegation marks…
Swedish manufacturer Saab has successfully put its PortControl Port Management Information System (PMIS) upgrade into operation at the Port of Pascagoula, on-time and within budget.According to a press release from the defense and security company…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a near 4-month low on Friday as rates fell across vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…
Cargo shippers are diverting goods to more ports across Britain to ensure stable supply lines due to uncertainty over whether the UK will leave the European Union without an agreement, a top port executive said.Brexit has been delayed for a third time…
The initial 'phase one' trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.'We're pretty comfortable that the phase one is in good shape…
A delegation of Algerian Ministry of Transport executives visiting Iran's Imam Khomeini Port Special Economic Zone explored the development of port and maritime between the port of Imam Khomeini and the ports of Algeria.Adel Deris, Director General of Khuzestan Ports and Maritime…
International accountant and shipping adviser BDO said total operating costs in the shipping industry are expected to rise by 2.5% in 2019 and by 2.7% in 2020.Responses to the firm’s latest annual Future Operating Costs Survey revealed that…
China's commerce ministry said on Thursday that Beijing and Washington will proceed with the bilateral trade negotiations according to plan and that the talks are progressing well.The ministry, in a statement, said the two sides remain in close…
A consortium led by Boskalis Nederland and Bouygues Travaux Publics has won a contract from the Occitanie/Pyrenees-Mediterranee region of France for the expansion of Port-La-Nouvelle in the south west of the country that will lead to offshore wind development…
Russia is advocating expansion of ports and shipping along the Northern Sea Route (NSR).The existing excellent contacts between Port of Hamburg Marketing and Russian ports as well as the Hamburg maritime industry’s second most important trading…
Maqta Gateway, a subsidiary of Abu Dhabi Ports signed a Memorandum of Understanding (MoU) with Etisalat enabling connectivity and bringing digital innovation across the port facilities.The partnership will help transform the port with technologies like cloud computing…
Polish President Andrzej Duda visited the Port of Rotterdam during his State Visit to the Netherlands in connection with the 75th remembrance of the liberation of the South of the Netherlands.In the presence of Cora van Nieuwenhuizen, the Netherlands Minister of Infrastructure and Water Management…
The Port of Rotterdam Authority has again put its preparatory measures for a No-Deal Brexit on hold following recommendations from the Ministry of Foreign Affairs.The largest port in Europe, located in the city of Rotterdam, Netherlands, said…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Wednesday on weaker demand for panamax vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels…