DP World is investing £12 million in two new Rail Mounted Gantry (RMG) cranes at London Gateway to meet growing demand for rail connections from customers at the logistics hub, which will increase its capacity by a third when a new fourth berth opens next year…
French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash…
Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill almost three weeks after an arbitration case ruled Ankara owed Baghdad compensation for unauthorised exports.The March 23 arbitration ruling by the International…
Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.The Ukraine grain Black Sea export deal was…
Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its efforts to stop using Russian fossil fuels: liquefied natural gas (LNG).In the year since Russia's February 2022 invasion of Ukraine…
Berlin is reviewing its decision to allow China's Cosco to take a stake in one of logistics firm HHLA's three terminals at the Hamburg port, a spokesperson for the German economy ministry said on Wednesday.Responding to a question about the…
Associated British Ports (ABP) has named Colin McLoughlin as Head of Operations for the Humber.With an established career in operations management from his time with Stanton Grove and Peel Ports, McLoughlin joined ABP Humber in 2015, and has…
Finland’s new Inkoo floating storage regasification unit (FSRU) terminal on Sunday accepted its first cargo of liquefied natural gas (LNG).The cargo, which was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region…
A new trade agreement between the European Union and the United Kingdom, which left the EU in 2020, could have finally found a way to safeguard peace in Northern Ireland after Brexit reignited old tensions.The deal between the EU and the U.K…
A.P. Moller - Maersk's container terminal operating arm APM Terminals announced the expansion of its Maasvlakte II terminal in Rotterdam, increasing the terminal's capacity by approx. 2 million TEU The project involves a site of approximately 47…
APM Terminals, a subsidiary of Danish shipping company Maersk, plans to double its capacity at Rotterdam Port, a spokesperson for the company said on Tuesday. APM, one of the largest operators at the port, currently operates a one-kilometer…
The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline.Oil tankers seeking to carry out operations off the Mediterranean and Atlantic shores, even outside territorial waters…
Five Russia-bound containers from India's Jindal Stainless Ltd (JSL) have been stuck at the Belgian port of Antwerp for around a year, unable to enter the European Union, the company said on Friday.'The containers are carrying around 100 metric tonnes of stainless steel…
The European Sea Ports Organisation (ESPO) has welcomed the preliminary agreement between EU co-legislators on the FuelEU Maritime regulation.The European Parliament and Council have agreed on the details of the regulation which will ensure…
The Hamburg Port Authority (HPA) has closed the port to large ships because of a strike announced by the Verdi union over wages, it said on Wednesday.'Due to the massive restrictions to be expected from the announced warning strikes, the administration…
