Greece on Monday launched a tender for the sale of a majority stake in a port on the island of Crete, a popular tourist destination in Europe.The conservative government has been keen to attract investment and upgrade its port facilities across…
Germany will next week present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut as part of efforts to entice the country’s politicians to form a government capable of warding off financial collapse, two sources said…
Jones Capital said it has acquired Rockport Terminals, one of the largest private intermodal terminals on the Texas Gulf Coast.Rockport Terminals is located within 28 miles of the fast growing Port of Corpus Christi, but outside of the Port's tariff zone…
One of the United Kingdom’s (UK’s) busiest ports is slated to deploy private 5G follownig an agreement between Verizon Business and Associated British Ports (ABP). Delivered in partnership with Nokia, Verizon’s private 5G platform will provide the Port of Southampton with a secure…
The Georgia Ports Authority Board on Monday approved capital improvement projects that will increase the Port of Savannah’s container capacity by 20% amid unprecedented cargo growth.“Right now, we are moving container volumes that we did not expect to see for another four years…
A new project aims to leverage advanced AI and maritime enterprise software to enhance supply chain data for shipping at the Port of Halifax.BlueNode, which has developed an AI solution that optimizes maritime shipping, has partnered with Saab…
The U.S. Department of Transportation’s Maritime Administration is encouraging states and port authorities to apply for $230 million in discretionary grant funding for port and intermodal infrastructure-related projects through the Port Infrastructure Development Program (PIDP)…
Marine shipping drives 90% of global trade, moving over 11 billion tonnes of containers, solid and liquid bulk cargo across the world’s seas annually. Almost all consumer products we buy — or the raw materials required to make them — arrive at Canadian ports via ship…
The Vostochny Cosmodrome, a spaceport on Russian territory, is currently being built in the Amur region in the Russian Far East. As part of the project, Mammoet was contracted to unload 14 pieces of heavy and oversized equipment from a barge and transport them to the construction site 60 km away…
Japan’s port of Tokyo will waive an entry fee from next month for ships powered by liquefied natural gas (LNG) and hydrogen, as well as LNG bunkering ships, in a bid to promote the use of cleaner marine fuels, authorities said on Friday.The exemption runs for five years from April 1…
Soy and sugar traders are fighting for room in Latin America’s largest port, rushing to secure loading slots as the slowest Brazilian soy harvest in 10 years pushes the grains export window into the sugar season.Congestion was hitting Brazil’s…
Singapore port operator Jurong Port has completed its acquisition of a stake in a major oil storage terminal in the city-state from the family behind collapsed oil trader Hin Leong Trading Pte Ltd, a port spokesman said on Saturday.The spokesman…
Coal deliveries to Australia’s Port of Newcastle, the world’s biggest coal export port, have been halted because flooding in the Hunter Valley region has shut rail lines, with heavy rains also slowing ship movements at the port.Heavy rains along…
In two major pieces of legislation passed by Congress at the end of 2020 and the beginning of this year, Congress addressed the difficulty that many smaller inland and coastal ports have in obtaining funding for their infrastructure projects…
Ports operator DP World gave an optimistic outlook for 2021 on Thursday, citing pent-up demand for cargo and an easing of geopolitical tensions after the change of U.S. administration.Sultan Ahmed bin Sulayem, who is chairman and chief executive of the Dubai state-owned global ports operator…