Ports News


Decas Selected as a Top Port Director

Aug 10, 2017

While inclusion with the International Association of Top Professionals is an honor in itself, only a few members in each discipline are chosen for this distinction. These special honorees are distinguished based on their professional accomplishments…

Global Bulk Terminals Market to Grow 5.1%

Aug 09, 2017

Global Bulk Terminals market is expected to grow from $5.20 billion in 2016 to reach $7.41 billion by 2023 with a CAGR of 5.1%, said Forecast Research Study. Rising demand from industrial output, increasing usage of bulk commodities and…

Munich Maersk Comes to Hamburg

Aug 09, 2017

While on her maiden voyage, the “Munich Maersk” berthed at EUROGATE Container Terminal Hamburg on 5 August. With a nominal capacity of 20,568 TEU (twenty-foot equivalent unit) the container vessel is one of the largest in the world. The megaship…

Pasha to Boost Vehicle Imports at Grays Harbor

Aug 09, 2017

Pasha Automotive Services to process FCA US imports via Lázaro Cárdenas to Port of Grays Harbor, Wash. Pasha Automotive Services said it will provide a new volume of port-processing services at its Port of Grays Harbor facility in Washington for FCA US LLC…

Ports Ponder Public Private Partnerships

Aug 09, 2017

Because any port is only as efficient as its weakest link, so-called P3 funding will be the key to driving the future intermodal equation. Seaport and marine terminal finance draws from a wide range of funding sources, often combined to pay for a particular project…

Maritime UK Chief Welcomes $8.6 Bln Infrastructure Project

Aug 09, 2017

Maritime UK Chairman, David Dingle, has welcomed the signature of a major construction contract to deliver the tunnels, bridges and earthworks for phase 1 of the HS2 project. The contracts cover works on both Stage 1 and Stage 2 of the high-speed rail 2 (HS2) project…

ICTSI Net Income Rises 19%

Aug 08, 2017

Manila-based global container terminal operator International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2017 posting revenue from port operations of US$603.7 million, an increase of 10 percent over the US$550…

Panama Canal’s New Tolls Structure Approved

Aug 08, 2017

Modifications to the Panama Canal tolls structure have been approved by the Cabinet Council of the Republic of Panama. After a thorough analysis of the current utilization and productivity of the Neopanamax Locks, and after meetings with Panama Canal executives…

Port Manatee Sets Container Volume Record

Aug 08, 2017

Port Manatee’s container volume for the first 10 months of its current fiscal year has already reached a full-year record.During the 10-month period from Oct. 1, 2016, through July 31, 2017, Port Manatee saw moves of 32,907 twenty-foot-equivalent…

Egypt Aims to Reverse Bans on Agricultural Exports

Aug 08, 2017

Egypt is looking to reverse a series of bans on its agricultural products that has hit one of its most promising export sectors, Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council told Reuters. Egyptian crops from strawberries…

Workers at Jakarta Port Ends Strike Early

Aug 07, 2017

Workers at one of the operators of Indonesia's busiest ports ended their strike on Monday, sooner than planned, out of consideration for the 'national interests', the chairman of the labour union said. More than 600 workers of PT Jakarta…

Crowley Launches Florida, Costa Rica, Panama Service

Aug 07, 2017

To better connect customers' U.S. and Central American supply chains, Crowley Liner Services will begin fixed-day, weekly sailings on Wednesday, August 9, directly between Florida and Costa Rica and Panama. The new service offers fast transits to speed cargo to market at peak times…

Milaha Plans Base in Oman after Trade Hit by Diplomatic Rift

Aug 07, 2017

Qatar Navigation (Milaha), a top Doha-based shipping and logistics group, said it was shifting its regional trans-shipment hub from Dubai to the Omani port of Sohar after a diplomatic crisis in the region disrupted Qatar's trade. Milaha…

Dock Workers Injured in Chemical Spill at Port of Long Beach

Aug 06, 2017

Twelve people, including one firefighter, sustained minor to mild injuries after a container ship leaked a hazardous material in the Port of Long Beach in Southern California, WSJ reported. A 6,000-gallon container on the ship began leaking the liquid Sunday morning…

Suez Canal, the Fastest Maritime Corridor

Aug 06, 2017

Egypt's Suez Canal has maintained its classification as the most important and fastest maritime shipping corridor despite the economic challenges faced by the world in 2015 and 2016, reported Xinhua quoting head of the Egyptian Suez Canal Authority Mohab Mamish as saying…

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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