Abu Dhabi Ports – the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate ― has signed a contract with Gulf Marine Services (GMS) that will see the creation of a state-of-the-art facility at Zayed Port…
China Shipping Ports Development, the port unit of China Shipping Group, has agreed to acquire a 20% stake in the loss-making Korea Express Busan Container Terminal (KBCT) from parent CJ Korea Express (CJ Korex). KBCT manages the container terminal in the port of Busan Shinsundae…
Peel Ports Group has completed the acquisition of Great Yarmouth Port Company Limited (GYPC) from International Port Holdings for an undisclosed sum. GYPC is well established as the leading UK port servicing the UK sector of the Southern…
KOTUG and Boskalis reach agreement to merge European harbor towage operationsRoyal Boskalis Westminster N.V. and KOTUG International B.V. have reached a formal agreement to merge their European harbor towage operations following on a Memorandum…
CMA CGM is testing the ability of the U.S. West Coast ports to handle the biggest containerships – are they ready? U.S. West Coast ports are not yet in a position to handle 18,000 teu containerships regularly and have much work to do in…
The MSC Maya, the fourth of 20 Oscar-Class Ultra-Large Container Ships (ULCS), arrived at APM Terminals Gothenburg on December 21 from the Port of Bremerhaven as part of the regular port rotation of the Maersk Line/Mediterranean Shipping Company…
LNG Bharat Private Ltd is setting up a floating LNG Floating Storage Unit (FSU) with a capacity of 5 million tonnes per annum at Krishnapatnam port in Nellore district the Hindu Businessline reports quoting J. Murthy, the Managing Director…
Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community…
A seafarer who had a narrow escape and fell overboard has been supported by seafarers’ charity Apostleship of the Sea (AoS). The Filipino man was working on a vessel at Felixstowe port and had an accident which resulted in him falling off the ship into the water…
Sovcomflot Group and Sberbank CIB have signed a 14-year $340 million credit facility agreement to finance the construction of three Arctic shuttle tankers for the Novy Port project (project operator: Gazprom eft). Novy Port is one of…
China’s Cosco Pacific is understood to be the only party interested in the acquisition of the 51 percent stake (plus another 15 percent) of Piraeus Port Authority (OLP), reports Kathimerini. Alexis Tsipras's government had halted the sale…
The Panama Canal Authority (ACP) announced that the first-ever expansion is 96 percent complete. A video of recent progress can be seen here. In line with this, ACP CEO/Administrator Jorge L. Quijano provided a next-step update at an industry event Friday in Panama City…
James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement…
The opening of a newly expanded Panama Canal, previously scheduled for April, will be postponed due to cracks detected in the new set of locks that are the centerpiece of the $5.25 billion overhaul, EFE quotes Panama Canal Authority (ACP) head Jorge Quijano as saying…
Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…