Ports News


Gulftainer Wins Contract to Operate U.S. port of Wilmington, Delaware

Sep 19, 2018

As first reported in the JULY / AUGUST edition of Maritime Logistics Professional magazine, Gulftainer through its subsidiary GT USA, Wilmington had inked a tentative deal with the State of Delaware which would grant GT USA, Wilmington exclusive rights to operate and develop the Port of Wilmington…

Gulftainer Signs 50-year Lease for Port of Wilmington

Sep 19, 2018

Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the United Arab Emirates, finalized a 50-year concession agreement with the state of Delaware to operate and develop the Port of Wilmington…

Keppel Partners GTT on LNG Solutions

Sep 18, 2018

Keppel Offshore & Marine (Keppel O&M) has signed a Technical Assistance and License Agreement (TALA) with Gaztransport & Technigaz (GTT) that will enable the companies to jointly market liquefied natural gas (LNG) solutions leveraging GTT's…

Port Management and Efficiency Training in France

Sep 18, 2018

High-level officials and decision-makers from maritime and port authorities around the world are undergoing intense training in port management and operational efficiency at the annual Advanced Course on Port Operations and Management based in Le Havre…

China LNG Tariff Casts Shadow Over New US Export Terminals

Sep 18, 2018

China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller.Beijing on Tuesday said it would tax U…

Port of Kiel: Ostuferhafen Access Area Restructured

Sep 18, 2018

The Port of Kiel has begun the partial demolition of a former grain storage facility as part of a plan to completely restructure the access area to the Ostuferhafen. The demolition along with the integration of adjacent areas will free up 2…

TNPA Appoints Business Development Officer

Sep 18, 2018

Transnet National Ports Authority (TNPA) has appointed Linda Seroka as its Business Development Officer, effective September 18.Seroka’s role will be to explore and unlock growth opportunities for TNPA and its clients in the fields of commercial and marketing…

DP World to Issue $3.3 bln of Multi-Currency Bonds

Sep 18, 2018

Dubai port operator DP World is to issue more than $3.3 billion in bonds divided across different currencies and formats, according to bank documents seen by Reuters.The company will issue $1 billion in 10-year sukuk, or Islamic bonds, offering 175 basis points over mid-swaps…

Port of San Juan: A Case Study in Port Security Innovation

Sep 18, 2018

Thirty-six hours after Hurricane Maria hit Puerto Rico, the port of San Juan was back up and running, scanning the incoming relief cargo as it arrived. Now, nearly a year after the historic storm, San Juan remains one of the most secure and efficient ports in the world…

DP World Markets Eight-year Euro-denominated Bond

Sep 18, 2018

Dubai's port operator DP World has started marketing an eight-year euro-denominated bond, a document by one of the banks leading the deal showed.The transaction would add to the expected issue of 10-year sukuk, or Islamic bonds, and 30-year…

Diana Shipping Signs TC Contract for m/v Artemis with Ausca

Sep 17, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Artemis.The global shipping company…

HHLA Transports Ship Propeller for Hyundai Supreme

Sep 17, 2018

Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of Waltershof, where it was hoisted onto the “Hyundai Supreme” container ship…

ABS to Class Singapore's First LNG Bunker Barge

Sep 17, 2018

Singapore’s first liquefied natural gas (LNG) bunker barge scheduled to begin construction in January 2019. The 7,500 cubic meter capacity barge will be owned and operated by a joint venture between Shell and Keppel Offshore & Marine, FueLNG Pte Ltd…

Maritime Industry's Slow Boat to Cyber Security

Sep 17, 2018

Ports making up for lost timeDespite the critical role the maritime transportation system plays in the economic health of the United States, and despite its fairly recent embrace of all things automated – cranes, vehicles, surveillance and even…

Besix completes construction of Bahrain LNG Import Terminal

Sep 16, 2018

Brussels-headquartered contracting giant Besix has completed the design and construction of Bahrain Liquefied Natural Gas (LNG) Import Terminal in Muharraq Island.The Bahrain LNG Import Terminal forms a vital part of the energy infrastructure…

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