The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) signed a $131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal located in Navi Mumbai Maharashtra to enhance international trade in India…
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations…
Three-quarters of the world is covered by water and up to 90% of world trade is seaborne. Seaports and shipping are critical to the conduct of global trade.Africa has relatively few natural harbours that offer shelter and are deep enough to take big vessels…
AD Ports Group entered into a framework agreement with the Ministry of Transport of the Republic of Angola to begin collaboration on the development of maritime services and infrastructure across the country.The group has also entered into a…
Shell PLC's LNG Canada export project in British Columbia plans to start building its proposed second phase with natural gas-powered turbines and switch to electricity as more renewable power becomes available, a top executive said, a decision…
The Port of South Louisiana (Port SL) said it has reached a deal with T. Parker Host to buy the Avondale Global Gateway, a logistics hub at site of the former Avondale Shipyard.The acquisition of this 254-acre facility at mile 108 of the Mississippi…
The Galveston Wharves and cruise company MSC Cruises are negotiating the development of a fourth cruise terminal at the Port of Galveston. The entities signed a non-binding memorandum of understanding (MOU) on December 7 outlining parameters…
Ports have long been integral to Africa’s connectivity with the rest of the world. Yet over the last 15 years, a new stage in maritime infrastructure planning and development has begun. Between 2004 and 2019, over US$50 billion was spent on…
A consortium led by AD Ports Group and Invictus Investment has signed a Heads of Terms agreement with the Government of the Republic of Sudan that provides them with the right to develop, manage, and operate port and economic zone assets in Sudan…
DP World and Somalia’s Government of Puntland on Thursday signed a construction agreement for expansion and upgrade work at the Port of Bosaso.The 12-month project, which is expected to start in early 2023, will include the development of a 150-meter quay…
Abu Dhabi based AD Ports Group announced it has signed a collaboration agreement with the Africa Finance Corporation (FC) to address infrastructure gaps across the continent.The agreement provides the basis for the two organizations to join forces on identifying…
India's Kerala state will proceed 'no matter what' with a $900 million port project and is open to deploying federal police if needed to protect it from protesters blocking construction, a government minister told Reuters on Saturday.The local fishing community…
Protesters from a fishing community blocked attempts by India's Adani Group to restart work on a $900 million transhipment port in south India, a company spokesperson said on Saturday, prolonging a deadlock that has stalled the port's development…
Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port…
As reported in a Maritime Reporter and Engineering News February 2022 article, Offshore Wind Development Gains Speed in the United States, the offshore wind (OSW) market is beginning to heat up. The White House policy target of 30 GW of offshore wind power by 2030…
