Three foreign investors have bid for the majority stake in Greece's Thessaloniki Port, reports Reuters. Phillipines-based International Container Terminal Services (ICTS), Dubai-based P&O Steam Navigation Company (DP World) and German private…
JSW Group will invest INR 7,000 crore (USD 1.1bln) more in the ports sector over next three years to create assets in the country as well as abroad, PTI reported. The company is also looking at diluting up to 15 percent stake in the ports operating company…
CMA CGM has announced the launch of the new service offer between Asia and West Coast South America, the most comprehensive offer on the market between these two strategic areas.CMA CGM will now offer to its clients:- 4 direct weekly services…
CMA CGM has announced revamping of dedicated services to Indian Sub-Continent including India West Coast, Pakistan, and Sri Lanka (CIMEX 2N, CIMEX 2CS, and CIMEX 2K) as from mid April 2017 ex Asia. CIMEX 2N [FI3 consortium]: Rotation :…
Three new ship-to-shore cranes that were constructed in Ireland were delivered to Crowley Puerto Rico Services’ Isla Grande Terminal in San Juan on Wednesday. The cranes are a key element of the $130 million Crowley is investing in infrastructure improvements to its Isla Grande Terminal…
Port of Rotterdam signs a ‘memorandum of understanding’ (MoU) with the State Government of Ceará with the purpose to jointly study a potential cooperation. This may lead to the joint venture Industrial Port Complex of Pecém. The MoU is…
The Cabinet Committee on Economic Affairs, India chaired by the Prime Minister Narendra Modi here on Wednesday approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II). The…
Libya's oil production has reached 700,000 barrels per day (bpd), the National Oil Corporation (NOC) said on Wednesday, recovering from a drop earlier this month caused by fighting at two key oil ports. 'We are working very hard to reach 800…
While the first-half of 2016 was tough for many due to global economic conditions, a strong fourth quarter has spurred optimism as the 2017 shipping season gets underway with this week’s opening of the Great Lakes – St. Lawrence Seaway system…
The Georgia Ports Authority has commissioned the first of four new Neo-Panamax ship-to-shore cranes at the Garden City Terminal, bringing its fleet to 23 -- more cranes than any other U.S. terminal -- with three machines yet to come online. 'Expanding…
The Washington State Supreme Court has ruled in favor of the Port of Vancouver USA in an appeal brought by Columbia Riverkeeper and Northwest Environmental Defense Center. The court’s March 16 decision affirmed the Washington Court of Appeals’…
Indonesia is cracking down on corruption and widespread graft at some of its top coal export hubs, disrupting shipments to destinations across Asia. Indonesia is the world's top exporter of thermal coal, still the main feedstock for global power generation…
BG Freight Line, a fully-owned subsidiary of Peel Ports Group, is introducing a new weekly container service between Cork and Liverpool. This is the first time the two ports have been connected directly, with the service starting on Monday 27 March…
The government of India said berthing operation of a vessel was carried out at the newly-constructed Roll-on Roll-off (Ro-Ro) terminal on the Brahmaputra in Assam. The Inland Waterways Authority of India (IWAI) vessel will be deployed for Ro-Ro (roll-on…
As per the directives of Government of India, the ‘Swachhta Pakhwada” (fortnight-long cleanliness) activities are being executed on priority basis by V.O. Chidambaranar Port Trust. As per the scheduled Swachh Pakhwada Action Plan, today…