In Q3 2024, CMA CGM Kaohsiung Terminal Co. Limited ordered five hybrid Konecranes Rubber-Tired Gantry (RTG) cranes for its container handling operations at the main port in Taiwan. The cranes will be delivered in mid-2025 with the most sophisticated…
The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…
Wallenius Wilhelmsen’s expanded Brunswick, Ga., port facility is now home to Develon and Hyundai Construction’s North American Customization Plant (NACUP), following the move from Savannah, Ga.The move from Savannah to Brunswick allows the NACUP to increase in size by more than 50%…
A Global Centre for Maritime Decarbonisation (GCMD)-led consortium has conducted ship-to-ship transfers of ammonia at anchorages within the Port of Dampier in Australia’s Pilbara region.Two transfers took place between the Green Pioneer, owned by Mitsui O…
The American Association of Port Authorities (AAPA) has applauded the exemption granted in the United States Trade Representative's (USTR) decision to finalize a 25% tariff on ship-to-shore cranes.The final determination excludes cranes manufactured…
Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949…
The Jefferson County Port Authority (JCPA) has finalized the purchase of approximately 18 acres along the Mississippi River in Herculaneum, Missouri, in a $20 million deal with Riverview Commerce Park, LLC (RCP). This acquisition marks the establishment…
The European Investment Bank (EIB) and the Irish Department of Transport have established an advisory cooperation to assess capacity, demand and financing strategies for the development of offshore renewable energy port infrastructure, which…
Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its real estate crisis and producer price deflation.A combination of inventory build-up and commodity specific developments have contributed to strong import demand…
Dutch maritime start-up accelerator PortXL has presented its 2024 cohort and connected them to partners and mentors.The Matchmaking Monday event took place at the RDM, the Rotterdam space for innovative companies, technology education, high-quality test facilities and field labs…
The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory.The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers…
Hong Kong conglomerate CK Hutchison is planning to raise up to $1.5 billion in a two-tranche dollar bond deal, according to two sources with direct knowledge of the matter.The company is looking at issuing a 5.5-year and 10-year dollar bond…
Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…
The Los Angeles Harbor Commission has approved a pivotal lease amendment that clears the way for a major $52 million infrastructure enhancement at the Port of Los Angeles’ Pier 300 terminal, managed by Fenix Marine Services. The ambitious project…