With 19,038 TEU loaded on board, the Mumbai Maersk has set a world record for the largest-ever containership cargo.The second-generation Triple-E containership left the dock of Malaysia’s Tanjung Pelepas Port over the past weekend and is now sailing into Europe…
China's Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with the first phase set for operation at end-2021, the state oil giant said on Wednesday.The project…
Welcoming the Department for International Trade’s new Export Strategy the British Ports Association (BPA) has highlighted the role that ports play handling 95% of the UK’s International trade in goods.Commenting on the Strategy the BPA’s Chief Executive…
Mitsui O.S.K. Lines (MOL) announced that it completed the acquisition of 14.27% shares in PKT Logistics Group, a Malaysian logistics company. MOL's stake will rise from the current 20.86% to 35.13%.PKT provides end-to-end logistics solutions comprising freight forwarding…
U.S.-flag Great Lakes freighters (lakers) moved 9.8 million tons of cargo in July, a virtual tie with a year ago, the Lake Carriers’ Association reported. The July float was, however, 6.4 percent below the month’s five-year average.Iron ore cargos for steel production totaled 5…
The Canaveral Port Authority said it has reached an agreement in principle with Carnival Cruise Line principle on a new state-of-the-art terminal able to accommodate Carnival’s new 180,000-ton ship, the largest ever constructed for the line…
Venezuela's PDVSA and NuStar Energy LP have reached an agreement over outstanding storage fees, allowing the state-run company to resume use of a key storage terminal in the Caribbean, the U.S. energy firm said on Monday.NuStar had suspended PDVSA several times since 2017 from using its St…
A.P. Moller - Maersk and Royal Vopak, an independent tank storage operator active in the heart of Rotterdam’s bunker environment, have agreed to this first joint initiative which will cater for circa 20% of Maersk global demand, enabling A.P…
The Mississippi River Ship Channel could be the first port complex on the Gulf Coast to reach a depth of 50 feet now that the Director’s Report has been signed by the U.S. Army Corps of Engineers. Elected officials and industry leaders have long worked to increase the channel’s depth to 50 feet…
The Long Beach Board of Harbor Commissioners has given Toyota Logistics Services the green light to carry out a proposed major terminal upgrade project that includes the construction of a renewable energy fuel-cell power plant and hydrogen fueling station…
The marine cargo operating partnership of the ports of Seattle and Tacoma recorded its best July import volumes since 2010 at 139,567 twenty-foot equivalent units (TEUs), an 18.3 percent increase compared to the same month a year ago.At 122…
Montrose Port Authority, a support and service hub for the energy industry, has put Angus on the map as a tourist destination, after welcoming its first ever cruise liner to the port.Greeted by Scottish celebrity piper, Louise Marshall, the MS Hebridean Sky docked at Montrose Port on August 17…
The Cemtex Pioneer, a vessel carrying U.S. soybeans that was caught up in the China-U.S. trade row, has left east China's port of Nantong near Shanghai, according to shipping data on Thomson Reuters Eikon on Sunday.The vessel's draft is now at 58 percent of its maximum…
Bangladesh started operations at the country's first liquefied natural gas (LNG) terminal on Saturday after ironing out teething issues related to technical problems and bad weather, two sources familiar with the matter told Reuters on Monday…
The Port of Everett hosted a groundbreaking to commemorate the start of construction on the Port’s South Terminal Modernization project – the largest capital project in Port history by dollar value, and the largest maritime construction project on the West Coast…