India's cabinet approved development on Wednesday of a new deep-water port that the government said will be a crucial part of a plan to connect the Asian country with Europe by sea and rail links through the Middle East.The Vadhavan port will be built on India's western coast, about 150 km (93 miles) from financial capital Mumbai, for 762 billion Indian rupees ($9.14 billion), Information Minister Ashwini Vaishnaw told reporters…
Port of Rotterdam Authority will contribute to the redevelopment of the lands owned by the state-owned company Refineria di Kòrsou (RdK). In addition to traditional uses, these lands will be used for several new future-proof sustainable economic activities…
Lithuania's Port of Klaipėda said it is moving forward with plans to build a new cruise ship terminal following the conclusion of screening procedures for the assessment of potential environmental impacts.The Environmental Protection Agency…
Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…
The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub (HEH).The project on…
The Ports of Indiana Commission approved Resolution 24-01 to launch “The Indiana Container Initiative” in support of developing multiple international container terminals within the state of Indiana.As a statewide port authority, Ports of Indiana…
A groundbreaking ceremony on Monday signaled the start of construction on what will be the nation’s largest dedicated offshore wind port at the South Brooklyn Marine Terminal (SBMT) in New York City.The 73-acre site that will serve as the operations and maintenance hub for Equinor's Empire Wind 1…
The State of Delaware will join the private operator of the Port of Wilmington, Enstructure, to build a new port terminal at a site in Edgemoor, Delaware. The Edgemoor industrial site was purchased in 2017 by the taxpayer-owned Diamond State…
The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials have sought to backtrack on the deal…
The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday…
A resolution to end a dispute between Peru and China's Cosco Shipping could come as soon as this week to ensure a megaport will start operations as planned by the end of the year, Peru's Prime Minister Gustavo Adrianzen said on Thursday.The…
China's Cosco Shipping is evaluating the impact of a move by Peru's government to annual the exclusivity it holds over operations at the new Chancay megaport.Peru awarded exclusivity to Cosco Shipping to operate the port in 2021, but last week…
DP World announced it is investing US$50 million (approximately ₩66 billion) to develop a new logistics center in Busan New Port.Construction of the facility in the 75,000-sqm land is set to commence at the end of 2024, with operations expected to start by the second quarter of 2026…
U.S. President Joe Biden's plan to build a floating U.S. military port to speed up aid to Gaza could take up to 60 days to become a reality and involve more than 1,000 American troops, the Pentagon said on Friday.The Pentagon offered the timeline…
President Joe Biden will announce in his State of the Union speech on Thursday that the U.S. military will construct a temporary port on Gaza's Mediterranean coast to receive humanitarian aid by sea, senior administration officials said.Planning for the operation…
