Port Development News - page 5

 

Prince Rupert Port's Ridley Island Project Passes Federal Environmental Review

Mar 02, 2023

The Prince Rupert Port Authority (PRPA) announced that the Ridley Island Export Logistics Project (RIELP) has received its final determination of the federal environmental effects evaluation review.The project is part of the Port of Prince Rupert’s…

Yilport Takes Over Operations at Croatia's Port of Šibenik

Feb 23, 2023

Turkey's Yilport Holding announced it has taken over operations at Port of Šibenik in Croatia as part of parent company Yildrim Group’s acquisition of Petrokemija d.d., Croatia's largest fertilizer plant.The Port of Šibenik, which used to operate as the country's main fertilizer handling port…

Ports & Logistics: Building A New Energy Industry

Feb 06, 2023

2022 closed with significant developments to advance offshore wind (OSW) and the necessary, related work required at U.S. ports – on the east and west coasts and the Great Lakes. Some of these developments included:Funding – MARAD’s Port Improvement…

Jawaharlal Nehru Port Gets $131 Million for Container Terminal Upgrade

Jan 25, 2023

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 Opens 'Game Changer' Billion-dollar Deep Seaport

Jan 25, 2023

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…

Nigeria’s New Lekki Port Doubles Cargo Capacity

Jan 23, 2023

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 to Develop Maritime Infrastructure in Angola

Jan 20, 2023

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…

Electricity Constraints Force Canada's First LNG Terminal to Delay Renewable Shift

Jan 16, 2023

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…

Port of South Louisiana Buys Avondale Global Gateway

Jan 12, 2023

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…

Galveston Mulls Adding Fourth Cruise Terminal

Dec 27, 2022

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…

Africa’s Ports Race Creates Pathways for Plunder

Dec 19, 2022

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…

AD Ports Inks Deal to Develop and Operate Ports on Sudan

Dec 13, 2022

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 to Upgrade Port of Bosaso

Dec 08, 2022

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…

AD Ports Aims to Address Maritime Infrastructure Gaps Across Africa

Dec 07, 2022

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…

Indian State Will Proceed 'No Matter What' with Protest-hit Adani Port

Dec 05, 2022

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…

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

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