Port as primary gateway for Northern California region a key credit strength. Moody’s Investors Service, Inc. (Moody’s) has maintained the Port of Oakland's senior lien rating at A1 stable. The A1 stable senior bond rating reflects the Port’s strong liquidity…
How propane offers unmatched reliability and resiliency when severe weather strikesPorts are critical hubs for global trade and shipping logistics, and they can’t afford to slow down due to extreme weather events. Especially in the Northern U…
India's Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal project through internal accruals and a capital management plan, withdrawing its request for funding from the U.S. International Development Finance Corp (DFC)…
The river Mosel in western Germany, an important route for grains and rapeseed shipments, has been closed to inland waterways shipping after an accident that damaged a lock, navigation authorities said.A lock at Mueden south of Koblenz has been…
DP World is trialing an innovative carbon reduction program at its UK logistics hubs, London Gateway and Southampton, aimed at helping cargo importers cut their emissions.Starting on 1 January 2025 for an initial six-month trial, the Carbon…
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…
Tugdock and Sarens have secured funding from Crown Estate’s Supply Chain Accelerator for a joint project to develop a heavy lift operations and maintenance (O&M) hub at ABP’s port of Port Talbot in Wales to support floating wind projects in the region…
Ocean Network Express (ONE) and Ningbo Zhoushan Port Group (NZPG) held a symposium on December 6, 2024, to share best practices and explore innovative approaches to shore power utilization. The event highlighted ONE’s nearly decade-long experience…
ShoreLink delivered its Shore Power Cable Management System at the Port of La Spezia, marking the connection of cruise vessels to shore power and significantly reducing emissions while ships are docked.Following a successful Factory Acceptance Test (FAT)…
The unemployment rate in the U.S. transportation sector was 4.8% (not seasonally adjusted) in November 2024 according to the Bureau of Labor Statistics (BLS).These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in Transportation dashboard…
Svitzer has begun operations in the Port of Itaqui in São Luís, Maranhão, marking another significant milestone in its expansion across Brazil. Over the past nine years, Svitzer has invested more than R$650 million in the country, reflecting…
The summer of 2013 was a breaking point for the Port of New York and New Jersey.“It was like Armageddon,” said Bethann Rooney, port director at the Port Authority of New York and New Jersey. “It was the worst cargo congestion we’ve ever seen…
SeaPort Manatee is furthering its ship-to-shore cargo-handling capabilities with addition of two new Konecranes Gottwald Generation 6 mobile harbor cranes at the maritime trade hub for Southwest and Central Florida and beyond.The latest pair…
The Lake Carriers' Association (LCA) on Wednesday reported that shipments of limestone on the Great Lakes totaled nearly 3 million tons in November, a decrease of 4.9 percent compared to a year ago. Limestone cargos were a mere 8,340 tons below the month’s 5-year average…
