Coastal/Inland News

 

DP World buys back P&O Ferries for $421 mln

Feb 20, 2019

DP World has bought back British ferry and shipping freight operator P&O Ferries for 322 million pounds ($421 million), more than a decade after it sold it.DP World acquired the British shipping and logistics company in 2006 but soon sold off some assets…

Inland Shipping Joins Forces in Amsterdam

Feb 19, 2019

Inland shipping is essential for the transportation of containers on the Amsterdam-Utrecht-Rotterdam route. 250,000 containers are transported annually via this routeTMA Logistics, CTU and VCL join forces to establish the North West Central Corridor…

WCI Honors Senator Duckworth

Feb 15, 2019

On February 12, 2019, Senator Tammy Duckworth (D-IL) received Waterways Council, Inc.'s (WCI) 18th Annual Leadership Service Award for her continual championing of ports and inland waterways. She was presented the award by Wade Beasley, Business Representative…

Coast Guard, Partner Agencies Interdict Dozens in Last 72-hours

Jan 15, 2019

The Coast Guard interdicted 66 migrants in the last 72-hours in five separate events near Puerto Rico.The Coast Guard, and federal and Commonwealth of Puerto Rico law enforcement partners have interdicted more than 380 migrants and stopped several narcotics smuggling attempts since October of 2018…

Suez Canal Revenues Plunge in November

Jan 15, 2019

Egypt's Suez Canal revenues fell to $461.5 million in November, down around 8.8 percent from October's $506.1 million, data from the cabinet's website showed on Tuesday.The canal is the fastest shipping route between Europe and Asia and one of the government's main sources of foreign currency…

Port of Everett Earns Marad Short Sea Shipping Designation

Jan 14, 2019

The Port of Everett has achieved another vital step in reducing congestion on the I-5 corridor while moving more freight in the region. The Port was notified this month that it received designation by the U.S. Secretary of Transportation as…

UPDATE: Egypt Egypt Reopens Four of Six Ports Shut Due to Bad Weather

Jan 14, 2019

Egypt had previously closed four ports on the Red Sea and two on the Mediterranean due to bad weather, officials said on Sunday.Over the weekend, the ports of Suez and Zeitiyat were shut in Suez governorate, the Red Sea Ports Authority said…

Concor Begins Maiden Coastal Voyage

Jan 11, 2019

India has huge potential for enhancing modal share of coastal shipping and inland water navigation. The current share is only 7% unlike countries like China with 24%  and Germany 11%. India looks to tap this segment in a big way.The maiden coastal…

Prince Rupert Port Authority Invests in Skeena River Salmon

Jan 08, 2019

Canada's  Prince Rupert Port Authority announced an initiative to support salmon enhancement in the Skeena River watershed.The Skeena River Salmon Enhancement Program dedicates $1 million from PRPA’s Community Investment Fund specifically to…

APM Terminals Inland Services Gets Clearance in India

Jan 07, 2019

APM Terminals Inland Services' integrated Inland Container Depot (ICD) and supply chain solutions facility at Chakan, Pune has achieved a significant first after being awarded an environmental clearance certificate by the Indian government.The certification authorises the facility to store…

Cook Inlet Tug & Barge Announces Interim Manager

Jan 04, 2019

Project Manager to Temporarily Lead Alaska Operations.  Cook Inlet Tug & Barge (CITB), an independently managed subsidiary of Foss Maritime Company, announced that Foss project manager Amber Thomas has been selected as interim Business Operations Manager for Anchorage…

Season’s First Icebreaker Deployed in Finland

Dec 26, 2018

The Finnish icebreaking season officially kicked off on Tuesday evening with the first icebreaker deployment.Arctia’s converted polar icebreaker Otso departed the icebreaker base in Helsinki at 6 p.m. local time toward its initial operation area to keep open the fairways to Tornio…

Campbell Transportation Appoints Buese EVP

Dec 14, 2018

Campbell Transportation Company, Inc. said that Kyle Buese will be joining the company as Executive Vice President of Operations effective January 7, 2019.Buese is a graduate of Tulane University where he received his Master of Business Administration…

Rhine River Shipping Returns to Normal as Water Levels Rise

Dec 10, 2018

Freight shipping on the river Rhine in Germany has returned to normal after heavy rain in the past week raised water levels, traders said on Monday.Water levels on the Rhine had been low for around six months after a hot dry summer and a dry autumn…

Kolkata-Patna: India's Second Inland Container Cargo Sector

Dec 06, 2018

Patna, capital of Indian state of Bihar, will witness a new landmark in the country’s Inland Water Transport (IWT) sector with 16 TEUs of container cargo (equivalent to 16 truckloads), belonging to food majors PepsiCo India and Emami Agrotech…

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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Syria signs 30-year agreement with French shipping giant CMA CGM
Russian ESPO Blend oil shipping rates are at their lowest level since January, traders report
Cargill and LDC among the winners of Brazil's port auction