Egypt's Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund that would help to manage its resources, the head of the Suez Canal Authority (SCA) said on Thursday.SCA Chairman Osama…
Nassau Container Port (NCP) has ordered an eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Crane for container handling at its terminal at Arawak Cay, Nassau, Bahamas. The order was booked in November 2022 and the crane will be delivered in July 2023…
French conglomerate Bollore, run by the family of billionaire Vincent Bollore, said on Wednesday it had completed the sale of its Bolloré Africa Logistics arm to shipping company MSC Group.The Bolloré company added the transaction was on the basis of a 5…
Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company’s projected end-of-the-year return date…
Cargotec announced on Tuesday that its board of directors received notification from CEO Mika Vehviläinen that he will retire in 2023, in accordance with the terms of his contract.The board has started its a search for a successor, the Finnish cargo-handling machinery manufacturer said…
The Port of Rotterdam said it will allow mixed berthing from the second week of January, opening up about 50 mixed berths for inland vessels carrying hazardous cargo.The move, which will allow so-called cone ships (named after the 1 or 2 blue…
Helena Lennerstedt was appointed CEO of Humphree. She has a background in several leading positions in different companies in the Swedish industry, and for the last seven years whe has been Vice President Purchasing at Volvo Penta. She has a…
The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for…
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…
The Helen Delich Bentley Port of Baltimore announced it received a top U.S. Coast Guard security assessment this week for its state-owned, public marine terminals.The Coast Guard’s annual inspection of facilities included a detailed review of…
Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based SunGas Renewables to secure a supply of green methanol to fuel its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI)…
Norway's Höegh LNG is in talks to supply more of its floating storage and regasification units (FSRUs) to several European countries seeking alternatives to Russian gas, its CEO said.The sharp drop in piped Russian gas exports to Europe in the…
Maritime and Port Authority of Singapore (MPA) officer, Tan Hanqiang, currently First Secretary (Maritime), High Commission of the Republic of Singapore to the United Kingdom (UK), has been appointed by the International Maritime Organization…
Cargo volumes were down in November at the Port of Los Angeles, marking another month of declines at what was once the United States' busiest seaport. The port said in its cargo update briefing this week that it handled 639,344 twenty-foot equivalent units (TEUs) in November…
United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded in the near term to include more Ukrainian ports or reduce inspection times.Kyiv has called for an expansion of the deal with…
