Ports News


Port of Everett Becomes First Port to Receive Federal Rail Loan

Nov 04, 2018

U.S. Transportation Secretary Elaine L. Chao announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $5.95 million Railroad Rehabilitation and Improvement Financing (RRIF) loan to the Port of Everett in the State of Washington…

Port of Bellingham Announces Shipping Terminal Contract

Nov 04, 2018

International cargo vessels are expected to arrive at the Bellingham Shipping Terminal on a regular basis as the result of a new service contract between the Port of Bellingham and Ports America.Ports America entered negotiations with the port…

PitPoint.LNG Preps Europe’s First STS LNG Bunkering Station

Nov 02, 2018

PitPoint.LNG, a joint venture between PitPoint clean fuels and Primagaz Nederland BV, received the official permit for the construction of Europe’s first shore-to-ship (STS) bunkering station for LNG in the Port of Cologne.With this important milestone now in place…

Gulfport’s Long Road Back From Hurricane Katrina

Nov 02, 2018

When Jonathan Daniels, executive director of the Mississippi State Port Authority at Gulfport spoke to the audience at the annual state of the port luncheon July 27, 2018 at the newly rebuilt Island View Casino, he had a lot to offer in terms of jobs…

Angola LNG Offers Cargo for Delivery into Asia

Nov 02, 2018

Angola's liquefied natural gas (LNG) export plant has offered to sell a cargo for delivery into Asia in December, two industry sources said on Friday.Bids are due by Nov. 6, and are to remain valid until Nov. 7, one of them said.(Reporting by Jessica Jaganathan, Editing by Sherry Jacob-Phillips)

U.S. Approves LNG Exports from Corpus Christi, Texas Plant

Nov 02, 2018

The U.S. Department of Energy said on Friday it has approved exports of liquefied natural gas exports to non-free trade agreement countries from the Corpus Christi Liquefaction Project in Texas for two years.The approval for 2.1 billion cubic…

Magellan Bids to Build U.S. GoM Oil Export Terminal

Nov 02, 2018

Magellan Midstream Partners LP on Thursday became the latest company to join a crowded group looking to build an oil export terminal on the U.S. Gulf Coast designed to load supertankers.U.S. oil exports are expanding rapidly, but volumes are…

EU Approves State Aid for Lithuania’s Klaipėda LNG Terminal

Nov 02, 2018

The European Commission said that the EC has approved under EU State aid rules the compensation granted by Lithuania to LITGAS for supplying a mandatory quantity of liquefied natural gas (LNG) to the LNG terminal in Klaipėda.In November 2013…

Port Oakland Opens Cold Storage Facility

Nov 01, 2018

Lineage Logistics  and Dreisbach Enterprises announced the official opening of Lineage Cool Port Oakland, the world’s latest next-generation cold storage and logistics facility.Set on 25 acres at the Port of Oakland’s waterfront, Cool Port will…

APM Terminals Bahrain IPO Aims to Raise USD 30 mln

Nov 01, 2018

Port operator APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport and logistics company in the Kingdom to list on the Bahrain Bourse. The listing…

Port Groups Join for Go Green Initiative

Nov 01, 2018

Five global container port operators have jointly undertaken a week-long initiative to promote sustainable resource usage  in their respective port and facility networks through mass recycling.During the fifth annual Go Green Initiative, 8,332 employees of DP World…

London Thamesport Eyes Short-Sea Container Hub Status

Nov 01, 2018

Hutchison Ports London Thamesport’s growing reputation as a short-sea container hub has been further enhanced by Helsinki-based Containerships plc’s introduction of a second weekly service from Gdynia, Poland.Containerships has chosen the Kent…

Port of Los Angeles Issues Statement on Box Incident

Nov 01, 2018

The following information was released by the Port of Los Angeles:Because our facilitation of a safe and secure supply chain is top priority at the Port of Los Angeles, the incident involving an export-bound shipping container that exploded…

BIMCO: US soya bean exports to China down 97%

Nov 01, 2018

The trade war and particularly the Chinese tariffs on imports of U.S. soya beans can now clearly be seen with the start of the soya bean peak exporting period in the U.S. In the first eight weeks of the 2018/19 marketing year accumulated U.S…

Sinopec: Phase 2 of Tianjin LNG Terminal Approved

Nov 01, 2018

China Petrochemical Corp, known as Sinopec, said on Thursday that the second phase of its Tianjin LNG receiving terminal in the north of the country was approved by the Tianjin Development and Reform Commission on Oct. 29.The terminal, which received its first cargo in February this year…

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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