A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6…
Adani Ports & Special Economic Zone Ltd (APSEZ) said it had registered a 42 percent increase in throughput at Kattupalli port, handling 493,260 TEUs in the FY 2017-18.
Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals. Styrene is a vital product used in manufacturing of a wide variety of consumer goods serving markets such as packaging…
The British Ports Association has written to the Prime Minister calling for funding guarantees for any new border facilities and digital infrastructure, which may be needed after the UK leaves the European Union. There are concerns from…
Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer today said that it had breached the 0.5 Million TEU mark at Hazira Port in FY 2017-18, with year-end throughout touching 500,879 TEUs, corresponding to a remarkable growth rate of 20…
Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1st. The service is provided by Nor Lines' state of the art…
Experienced financial executive Beth McCague has been tapped to serve at Interim Chief Financial Officer of the Jacksonville Port Authority (JAXPORT).McCague, who has been serving as an advisor to JAXPORT’s CEO and finance group, will assume responsibility for the port’s budget and accounting…
European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece’s largest port of Piraeus, a trade gateway between China and Europe, officials said.“The VAT is completely evaded…
Somalia's foreign minister said on Friday that Dubai state-owned port operator DP World should reconsider its contract with the breakaway region of Somaliland and work with federal authorities so Somalia's sovereignty is not violated.'We are asking DP World to reconsider these agreements…
German shipping group Oldendorff Carriers is stopping its business in Guyana, the company said on Friday, after the United States blacklisted Russian aluminum producer Rusal, which has a plant in the South American country.The United States…
Krishnapatnam Port Company Limited (KPCL), the largest deepwater port on the east coast of India, announced that it has handled 45 Million Metric Ton (MMT) of cargo in 2017-18 (FY18) thus, achieving a 25 percent growth over 36.10 MMT handled in the previous fiscal…
Jaime L. Lee, the newest Los Angeles Harbor Commissioner, has been elected president of the Los Angeles Harbor Commission. Lee was appointed by Los Angeles Mayor Eric Garcetti and confirmed by the Los Angeles City Council last week. “I’m humbled…
The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters…
In the first quarter of 2018, 1.2% less freight passed through the Port of Rotterdam than in the same period last year. In total, 117.8 million tonnes were handled against 119.3 million tonnes in the same period in 2017. The fall mainly concerned the throughput of coal…
Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept. 1, 2019.Freeport…