Ports News


Expanded Panama Canal Begins to Take Transit Reservations

Apr 19, 2016

The Panama Canal began accepting transit reservations for Neopanamax vessels for commercial transits through the Expanded Canal starting on June 27, 2016.In light of the upcoming Expansion inauguration date, the Panama Canal will offer four additional slots per day for Neopanamax vessels…

Bulgaria to Develop Ports with Quatar

Apr 19, 2016

Bulgaria will develop its port infrastructure in cooperation with Qatar, reports Standartnews. Bulgarian Prime Minister Boyko Borisov held a meeting with Qatar’s Minister of Transport and Communications Jassim bin Saif Al Sulaiti in this regards…

KPI Bridge Oil Expands in Denmark

Apr 18, 2016

KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has extended its physical supply services to provide  additional options for ship owners in the port of Esbjerg in Denmark.KPI Bridge…

Hamburg Port's Rail Network Sets European Benchmark

Apr 18, 2016

In their “Best route market study for containerised imports to South Germany”, published at the beginning of March, the Drewry Group’s supply-chain consultants investigated via which ports containers imported from Shanghai can be transported fastest and cheapest to southern Germany…

Maritime India Summit Attracts $12.5 billion Investment

Apr 18, 2016

The first ever Maritime India Summit in Mumbai has resulted in attracting investments worth Rs 82,905 crores ($12.5 billion), says the Ministry of Shipping. A total of 141 MoUs and Business Agreements were signed by various players in maritime sector including Major Ports…

Antwerp Port's Volume Growth Continues

Apr 16, 2016

The port of Antwerp handled 53,265,552 metric tons of freight in the first three months of this year, 3.9 percent more than in the same period last year. The container volume in TEU did particularly well with growth of 4.6 percent, while liquid bulk rose to new heights with growth of 10…

Vedanta to Re-develop Mormugao Port

Apr 16, 2016

Vedanta Limited, India’s only diversified natural resources company today received the ‘Letter of Award’ for Redevelopment of Berth No.8, 9 and Barge Berths at Port of Mormugao, Goa (‘Project’) on Design, Build, Finance, Operate and Transfer (DBFOT) Basis…

India Targets $60 Bln Maritime Investments

Apr 16, 2016

Indian Shipping Ministry is targeting to get investments worth $60 billion (nearly Rs 3.99 lakh crore) for a five-year term for 240 projects for the success of the ambitious Sagarmala project. The maiden Maritime India Summit 2016 in Mumbai…

India to Add Eight Major Ports

Apr 16, 2016

As part of its aggressive plans for port-led development, Union Shipping and Ports Minister Nitin Gadkari said he is looking to add eight major ports to the already existing 12, according to a report by Press Trust of India. 'We are planning to add eight new major ports…

Sagarmala Project to Sail Through 5 Years

Apr 16, 2016

India government will speed up the ambitious Sagarmala project from 10 years to five years, said Nitin Gadkari, Minister of Road Transport, Highways and Shipping. “Following Prime Minister Narendra Modi’s intervention, it has been decided…

Heinrich Ahlers Retires from Buss Group

Apr 15, 2016

Heinrich Ahlers has wrapped-up his remaining responsibilities at the Buss Group, and will begin his retirement shortly before his 65th birthday. He had already relinquished his role as CEO of Buss Port Logistics to his successor Marco Neelsen October 1…

Essar Ports Handles Record Volume

Apr 15, 2016

On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6…

Konecranes Deliver RTG Trio to MSC

Apr 15, 2016

Konecranes has announced its third RTG delivery to the Mediterranean Shipping Company (MSC) Terminal in Valencia, Spain. When the three RTGs on order go into operation, MSC Terminal Valencia will operate a fleet of 18 Konecranes RTGs. The cranes will be delivered by spring 2017…

Maersk to Link Salalah to Krishnapatnam Port

Apr 15, 2016

Maersk Line India a unit of Danish conglomerate A P Moller Maersk Group, has launched a new service from Salalah, Oman to the Krishnapatnam Port in Andhra Pradesh. The weekly service to be started from April 17 will connect customers in the areas of AP…

APM Terminals CEO Calls for Port Industry Changes

Apr 14, 2016

APM Terminals CEO Kim Fejfer addressed the challenges facing port operators in today’s volatile market as well as the requirements for success, calling for investment, consolidation and rationalization in the port industry. “The need for…

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