Infrastructure News

 

DP World Starts Construction of New $1.2B Port in Senegal

Dec 18, 2024

The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…

Construction Starts on Jurong Island Logistics Hub Phase 2

Dec 17, 2024

COSCO SHIPPING International (Singapore), through its wholly owned subsidiary, Cogent Jurong Island, hosted a groundbreaking ceremony for Jurong Island Logistics Hub (JILH) Phase 2 on December 17, 2024.JILH Phase 2 is a strategic initiative…

Biden's DoE LNG Export Study Tepid on New Permits

Dec 17, 2024

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits…

Tanco adds $8.2 million to IA Port Investments

Dec 17, 2024

Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…

First Argentinian Terminal Certified to Receive Neo-Panamax Ships

Dec 16, 2024

Argentina’s TecPlata terminal has been certified by the Argentine Naval Prefecture to handle docking maneuvers for Neo-Panamax vessels.The accreditation makes TecPlata the first terminal in Buenos Aires and in the country capable of receiving these large ships…

AAM to Construct Electric Ferries for SF Bay Ferry

Dec 16, 2024

All American Marine (AAM) has announced a partnership with San Francisco Bay Ferry to build their 150-passenger battery-electric vessels. This landmark project will contribute significantly to advancing sustainable passenger transport in the…

Houston’s Volumes Surge to Best Month of Year

Dec 16, 2024

Port Houston Container Volumes Up 24% in November.Port Houston is on track to close 2024 as one of its most successful years to date, handling 3,799,573 twenty-foot equivalent units (TEUs) through November—a 9% increase over the same period last year…

Germany's Mosel River Partially Reopens to Shipping

Dec 16, 2024

The Mosel in west Germany was partially reopened to cargo shipping on Monday after a temporary lock was installed over the weekend, but the number of vessels able to sail will be limited, navigation authorities said.The river, an important transit…

Trump Signals Support for ILA Dockworkers

Dec 13, 2024

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United…

Authorities Attempt to Reopen Germany's Mosel River

Dec 13, 2024

Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo shipping…

Venture Global Louisiana Plaquemines LNG Plant "on track"

Dec 13, 2024

U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG, according to data from financial group LSEG and energy analysts…

Maersk says Global Trade could rise 7% in 2025

Dec 13, 2024

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…

BIMCO's Shipping Number of the Week

Dec 12, 2024

Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown…

Panama Canal Battles Ongoing Drought

Dec 12, 2024

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…

Singapore's MPA looks to scale up LNG bunkers

Dec 12, 2024

The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling, it said in a statement on Thursday.The EOI seeks…

Logistics News

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

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

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Data and sources say that the last Chevron chartered vessel is returning oil cargo to Venezuela.
Portugal's power swaps with Spain are still suspended amid a blackout investigation
Turkey maintains its commitment to the contested "Kanal Istanbul" project