Port Development News - page 2

 

Ports of Indiana Says It Aims to Develop Container Terminals

Jun 17, 2024

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…

Construction Begins at South Brooklyn Marine Terminal

Jun 10, 2024

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…

Public-private Partnership to Build $635 Million Port Terminal in Delaware

Jun 05, 2024

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…

Conflict Heating Up Over Cosco's Megaport in Peru

May 08, 2024

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…

Peru Seeks to Avoid Arbitration Over Chinese-built Mega Port

Apr 29, 2024

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…

Peru's PM Says China-built Megaport Should Launch this Year After Dispute

Apr 04, 2024

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…

Cosco Shipping Evaluating Impact of Peru's Lawsuit on Megaport Development

Mar 26, 2024

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 to Build $50 Million Logistics Center in Busan New Port

Mar 17, 2024

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…

Biden's Pier for Gaza Aid Might Not be Ready for 60 Days

Mar 10, 2024

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…

US to Build Temporary Port to Deliver Gaza Aid

Mar 07, 2024

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…

Herculaneum Port Site Cleared for Redevelopment as Intermodal Hub

Feb 26, 2024

A 300-acre property along the Mississippi River in Herculaneum, Missouri recently received Port District zoning making way for redevelopment as an intermodal transportation hub and industrial park.Located on the shipping lanes of the Mississippi River…

AD Ports Forges Trade & Infrastructure Partnerships in India

Feb 14, 2024

AD Ports Group announced the signing of strategic Memoranda of Understandings (MoUs) with Gujarat Maritime Board, and RITES Limited, a certified multi-disciplinary transport and infrastructure company. These MoUs cover a broad spectrum of collaborative ventures…

Construction Begins at the Future PSMO Port Near Paris

Feb 13, 2024

Construction work for the PSMO (Port Seine Métropole Ouest / Western Metropolitan Seine Port) has officially commenced in the Yvelines département, about 60 kilometers from Paris.Located at the confluence of the Seine and the Oise rivers, The…

Groundbreaking Ceremony Held for Kuala Linggi International Port Project

Jan 31, 2024

A groundbreaking ceremony marked the official start of construction for the RM15 billion (US$3.2 billion) Kuala Linggi International Port (KLIP) project in Malaysia.Scheduled for completion by 2027, KLIP's vision is to transform Kuala Sungai…

ABP Kicks Off Millbay Docks Transformation

Jan 31, 2024

The U.K.’s largest port operator announced it has commenced the first phase in a series of strategic infrastructure developments at Millbay Docks, within the Port of Plymouth.Associated British Ports (ABP) said the works—funded by the UK Government…

Logistics News

Nigerian Terminal Purchases New Mobile Cranes

Nigerian Terminal Purchases New Mobile Cranes

Baltic Index sags as all vessel sectors disappoint

Baltic Index sags as all vessel sectors disappoint

Texas ports begin resuming operations after winter storm

Texas ports begin resuming operations after winter storm

Lyondell to begin closure of Houston Refinery this weekend

Lyondell to begin closure of Houston Refinery this weekend

Subscribe for Maritime Logistics Professional E‑News

India expands Russian insurance providers' pool after US sanctions
Alaska Air beats Q4 earnings quotes, sees smaller Q1 loss on robust travel need
Mantle Ridge protects enough elect board seats at Air Products, sources state