Port of Oakland import volume should grow at a steady pace in the coming peak season. There’s a wild card, however: global trade tension. That was the cautionary outlook delivered yesterday at a meeting of the Port’s Efficiency Task Force…
China Merchants Port Holdings (CM Port) has invested the final tranche of USD 584.2 million in Sri Lanka’s Hambantota Port after acquiring an 85 percent stake in the port last year. The cheque to the effect was handed over to the Chairman of Sri Lanka Ports Authority (SLPA) – Dr…
The standard gauge rail (SGR) freight service will increase the number of daily trains on the Mombasa-Nairobi route in the next five months to facilitate faster movement of cargo between the port and the inland container depot (ICD) in Embakasi…
Nitin Gadkari, the Union Minister for Shipping, India said in Dushanbe, that India is trying to make Chabahar Port in Iran operational by 2019. Gadkari was addressing the Indian Community at the inauguration of the Swami Vivekananda Cultural Centre at the Indian Embassy in Dushanbe…
International Maritime Organization (IMO) is continuing its ongoing efforts to ensure women can reach top ranks in the maritime sector, through its Women in Maritime programme. The latest event was a two-week training course for female…
Transnet National Ports Authority (TNPA) will be implement several inter-port transfers within its complement of Harbor Masters, effective July 1, 2018.The changes will allow ongoing development of TNPA’s Harbor Masters through their exposure…
LNG Hrvatska launched a second round of bidding for potential operators of an offshore liquefied natural gas (LNG) terminal in Croatia's northern Adriatic on Friday, after the previous round drew little interest.Last week, Croatia's parliament passed a law to enable the construction of the terminal…
Continuing its active work on attracting more cruise ships and, respectively, more cruise passengers to Riga, the Freeport of Riga Authority has become a member of CLIA (Cruise Lines International Association), the world’s largest cruise industry association…
Port of Oakland employees will award 18 scholarships by this summer. The Port Employees’ Scholarship Program and the Asian Employees Association at the Port of Oakland (AEA) raised nearly $39,000 for high school seniors in May. The organizations have given out nearly $1…
East Libyan forces said on Thursday they had retaken the shuttered oil ports of Es Sider and Ras Lanuf, though clashes resumed south of Ras Lanuf in the afternoon after a counter-attack by rival factions.Staff were evacuated from terminals in…
CNOOC's Zhejiang terminal will receive 5 million tonnes of liquefied natural gas in 2018 up from 3.58 million tonnes last year, CNOOC Gas and Power Co said on Thursday.The Zhejiang terminal located in Ningbo in Zhejiang province has unloaded 33 LNG tankers as of June…
Various parties active in the rail freight transport sector have reached agreement with State Secretary Stientje van Veldhoven about an incentives package that is intended to make rail freight transport even more sustainable and attractive…
Today, the South Carolina Ports Authority Board of Directors adopted a 2019 fiscal year financial plan that includes five percent pier container growth, $280.8 million in operating revenues, $42.9 million in operating earnings, and capital expenditures of $277…
On June 15, 2018 at the Montoir de Bretagne roro terminal, an AEOLUS satellite designed by Airbus Space and Defense for the European Space Agency was loaded aboard the ro-ro vessel Ciudad de Cadiz, bound for Kourou, in French Guiana. Managed…
China Merchants Port Holdings has made a $584 million payment as part of a $1.12 billion deal to operate Sri Lanka's deep sea Hambantota port, a state-run agency said on Wednesday.Under the deal, signed in July 2017, China Merchants Port (CM Port) will run the $1…