Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, an executive at the global carrier said on Wednesday.'We predict anywhere between 5 and 7% (growth) overall…
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring…
With the upcoming dissolution of the 2M Alliance in early 2025, JAXPORT is maintaining and growing its global container services through strategic partnerships with the world's top ocean carriers. New and modified service routes through JAXPORT…
The Maritime Union of New Zealand has welcomed the conviction of former Port of Auckland (POAL) CEO Tony Gibson on a health and safety charge.Gibson was found guilty by Judge Bonnar in the Auckland District Court on Wednesday.Charges were laid…
With highly productive port service and expanding rail capabilities, South Carolina Ports looks to speed goods to market and support growth in the Southeast.SC Ports has three big-ship capable terminals and a total of 10 million TEUs on the horizon…
A new cruise ship terminal is planned for Klaipėda in Lithuania, because currently the port authority has to deny requests for about 10 cruise ship visits a year due to lack of space.The project will increase capacity of the Port of Klaipėda…
Cavotec has announced the signing of two significant contracts, valued at €6.5 million, to supply its innovative PowerMove shore power systems to two ports in the Mediterranean region. These systems will facilitate shore power connections for cruise ships and RoRo (Roll-on/Roll-off) vessels…
The Florida-Caribbean Association (FCCA), a cruise and destination trade group, has announced that the 2023-2024 cruise year brought record economic contributions to the region.According to the study released by Business Research & Economic Advisors (BREA)…
Romania's government will approve on Wednesday a plan to upgrade rail infrastructure in the Black Sea port of Constanta to create a second railroad access point, part of wider investments in the port triggered by Russia's war in Ukraine.European…
The Port of New Orleans (Port NOLA) is on track for a record number of passenger movements with 1.3 million anticipated by the end of the year, which will exceed pre-pandemic levels.Port NOLA is the sixth largest cruise port in the US, with strong demand for both oceangoing and river vessels…
After a seven-year hiatus, Port Milwaukee has announced the return of Victory Cruise Lines in 2025. The cruise line will call on Milwaukee once again with the vessel Victory I which has a passenger capacity of approximately 200 people. Over 13…
A huge fire that erupted early on Tuesday at an oil tank in Venezuela's La Salina terminal operated by state company PDVSA was extinguished on Wednesday, authorities said.The fire broke out during a storm at the facility used by the state oil…
Ports of Indiana has introduced a new venture called Indiana River & Rail Terminals, creating the largest general cargo operation along the Ohio River. This initiative will oversee all general cargo facilities at the Jeffersonville and Mount Vernon ports…
Port and logistics firm DP World is going ahead with a 1 billion pound ($1.3 billion) investment in its London Gateway port, Britain's government said on Sunday after reports last week that the company had paused the project in protest.In what…
U.S. exports of liquefied natural gas fell slightly in September as plant maintenance trimmed output, while Europe remained the leading destination, data from financial firm LSEG showed.Gulf Coast plants escaped any major impact from hurricanes last month…
