Ports News


Iran-Indonesia to Develop Port Cooperation

Dec 12, 2018

Octaviano Alimuddin, the Indonesia ambassador to Iran,  has visited Abadan Ports in the  Khuzestan Province of Iran.According to a release from Ports & Maritime Organization, he stated that the aim of visiting Abadan port is to get familiar with the capacities…

Kalmar Forklifts Delivered to ENTP

Dec 12, 2018

The marine industry equipment manufacturer Kalmar has delivered a total of 18 forklift trucks to Algeria's leading drilling contractor Entreprise Nationale des Travaux aux Puits (ENTP).According to a press release from Kalmar, part of Cargotec…

Nitin Gadkari Flags Off First Container Vessel at Tuticorin

Dec 12, 2018

Indian Shipping Minister Nitin Gadkari Wednesday flagged off the maiden container mainline vessel at VoC Port (Tuticorin Port), opening direct shipping route to eastern countries.Calling the step a 'gamechanger in container traffic of South India'…

Montecon Adds Third Liebherr to its Fleet

Dec 12, 2018

Liebherr Maritime Cranes already delivered two Liebherr mobile harbor cranes LHM 800 in container configuration to Montecon in Uruguay. End of November Liebherr received an order from Montecon for the third LHM 800 that will start operation in Montevideo…

Damen Signs with Port Nelson for ASD Tug

Dec 12, 2018

On December 10th, Damen sales manager Sjoerd de Bruin signed a contract with Port Nelson CEO Martin Byrne in New Zealand. Damen will deliver an ASD Tug 2411 to Port Nelson in support of the port’s expansion strategy.As part of the expansion…

Carnival's First LNG Powered Ship Delivered

Dec 12, 2018

Carnival Corp on Wednesday launched its first liquefied natural gas (LNG)-powered ship in Germany as the world's largest cruise operator tries to cut its carbon footprint.Addition of LNG ships are part of Carnival's ongoing fleet enhancement…

14 Port-related Projects Awarded BUILD Grants

Dec 12, 2018

U.S. Transportation Secretary Elaine L. Chao has (Dec. 11) announced $1.5 billion in discretionary grant funding to 91 projects in 49 states and the District of Columbia. The grants, 14 of which will go to port-related projects, are made through…

Georgia Ports On Track for 4.3 TEUs

Dec 11, 2018

The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017…

ChainPORT Renews Digital, Environmental Commitment

Dec 11, 2018

Delegates from the world’s leading ports have come together to examine their role in the rapidly evolving maritime logistics landscape and in particular to coordinate their contribution to the establishment of an interconnected maritime supply chain at the Port of Barcelona…

US DOT Announces Major Infrastructure Funding Grants

Dec 11, 2018

U.S. Transportation Secretary Elaine L. Chao Announces $1.5 Billion in BUILD Transportation Grants to Revitalize Infrastructure Nationwide. Some of the 91 projects include port grants, as well. WASHINGTON –  U.S. Transportation Secretary Elaine L…

China, U.S. Discuss Road Map for Continuing Trade Talks

Dec 11, 2018

China and the United States discussed a road map for the next stage of their trade talks on Tuesday during a telephone call between Vice Premier Liu He, U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.U.S. President…

Baltic Index Snaps Winning Streak as Capesize, Panamax Rates Sag

Dec 11, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, marked its first decline in last six sessions on Tuesday, weighed down by weaker demand for capesize and panamax vessels.The overall index…

Global Ship Lease Sings TC with CMA CGM

Dec 11, 2018

UK-based containership lessor Global Ship Lease (GSL) has agreed five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC Yas.The containership charter owner said in a release that the new charters,…

Cosco , Abu Dhabi Ports Open New Terminal at Khalifa Port

Dec 11, 2018

Abu Dhabi Ports on Monday inaugurated the new Cosco Shipping Container Terminal at Khalifa with a capacity of 2.5 million TEUs (twenty-foot equivalent units).The new CSP Abu Dhabi Terminal, which includes the largest container freight station in the Middle East…

Indian Ports register positive growth of 4.83%

Dec 10, 2018

India’s 12 major ports witnessed a 4.83 per cent rise in cargo traffic at 461.21 million tonnes (MT) during April-November of the current fiscal, said the government.These state-run top ports had handled 439.96 MT cargo during the corresponding eight-month period of the last fiscal…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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