Ports News - page 283


ICTSI Net Income Up 22% in 2018

Mar 15, 2019

Manila-head quartered port and terminal operator International Container Terminal Services (ICTSI) has released solid results for 2018. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.The port operator…

McQuilling ends tanker contracts with PDVSA

Mar 15, 2019

A second maritime firm has told Venezuela's state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result of U.S. sanctions, according to an internal document and a person familiar with the matter…

Shoreham Welcomes Home Registered Vessel

Mar 15, 2019

The fishing vessel ‘Flowing Stream’ has recently chosen a new home at Shoreham Port following a significant refit that began in the spring of 2018. Originally built in the year 2000, the vessel was flagged in from Belgium where it was previously…

CMA CGM Forms Venture with MACCFA

Mar 15, 2019

France's CMA CGM has signed a letter of intent to form a joint venture with Ethiopian company MACCFA, as well as a letter of intent with ESLSE to manage Ethiopia's Modjo port, according to a document made available by the French President's office…

First Commercial Drone Ship Delivery

Mar 15, 2019

Launching this week in partnership with Airbus, Wilhelmsen’s shore-to-ship Singapore pilot project, marks the first deployment of drone technology in real-time port conditions, delivering a variety of small, time-critical items to working vessels at anchorage…

APL Enhances China Southeast Asia Service

Mar 15, 2019

APL added Ho Chi Minh City as a port of call by its China Southeast Asia Service (CSE). This will extend the market coverage of the weekly service which currently connects Central China to the Southeast Asian markets of Thailand and the Philippines…

$138M Allocated for Charleston Harbor

Mar 15, 2019

President Donald Trump included $138 million in his budget for the coming year to help deepen Charleston Harbor to 52 feet so it can handle larger container ships, said Charleston District of the U.S. Army Corps of Engineers.The project, in the works since 2011…

Crowley Promotes Douglas

Mar 14, 2019

Crowley Maritime Corp. has promoted Ira Douglas to vice president, labor relations, to lead the company’s relationships, operating agreements and partnerships with unions representing seafarers, terminal stevedores and truck drivers.Douglas…

Konecranes RTGs to Massport

Mar 14, 2019

The Massachusetts Port Authority (Massport) in the USA will take delivery of four Konecranes RTGs in 2019.The Massachusetts Port Authority (Massport) will operate four more Konecranes RTG by the end of 2019. The cranes will be delivered to Conley Terminal in Boston…

DP World downplays Trade Tensions as Profit Soars

Mar 14, 2019

DP World, one of the world's biggest port operators, said on Thursday its business could weather international trade tensions, after reporting a 10.2 percent rise in 2018 profit.'Current year has started with trading in line with expectations…

Brexit Brings Jobs to Rotterdam Port

Mar 13, 2019

Europe's largest port, Rotterdam, said that  eleven British firms set up in Rotterdam in anticipation of Brexit last year.According to Rotterdam Partners these British firms represent nearly a third of the international firms that established a location in the port city last year…

U.S. Democrats Initially Cool to New NAFTA

Mar 13, 2019

Democrats in the U.S. House of Representatives gave a cool reception to the replacement for the North American Free Trade Agreement on Wednesday as the top U.S. trade negotiator opened a campaign to win broad support for the accord in Congress…

Senate EPW Committee Hearing Testimony for AAPA CEO Nagle

Mar 13, 2019

The hearing will be in Room 406 of the Dirksen Senate Office Building, Washington, D.C. Its purpose is to consider the Diesel Emissions Reduction Act (DERA) of 2019, and to hear input from stakeholders about implementation of the DERA program…

CMA CGM to Form JV with Ethiopia's MACCFA

Mar 13, 2019

French shipping company CMA CGM has signed a letter of intent to form a new joint venture with Ethiopian company MACCFA and to manage Ethiopia's Modjo port, according to a document made available by the French President's Elysee department.Marseille-based CMA CGM…

Boluda Corporación Goes to N. Europe

Mar 13, 2019

Shipping services provider Boluda Corporación Marítima has signed a letter of intent to acquire all the shares, worth 300 million euros, of Kotug Smit Towage.The Netherlands-based towage services provider Kotug Smit Towage is operating in North Sea countries (United Kingdom…

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