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…
Associated British Ports (ABP) has announced the completion of a key phase in the redevelopment of Millbay Docks, part of the Port of Plymouth. The milestone marks the first major project funded by the UK Government's Plymouth and South Devon Freeport seed capital program…
Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility…
Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday…
Western Group, a logistics provider connecting global trade to Canada's marine, rail, and road transportation corridors, announced that it has rebranded under the SSA Marine name.Since 2006, Western Group has been part of the Carrix family of companies and has worked closely with SSA Marine…
After completing a four-month trial, Singapore’s MPA now allows the night movement of line-towed container barges to and from Pasir Panjang Terminal (PPT) between 7:00 pm and 6:30 am.Such moves can be used to transport containers on barges into and out of the Port of Singapore and neighboring ports…
The industry body, Cargo Integrity Group, has issued a statement of support for the recent circular issued by the China Maritime Safety Administration (MSA) following the YM Mobility explosion on August 9, 2024, at Ningbo-Zhoushan Port. The vessel was carrying hazardous goods at the time…