The Solomon Islands has awarded a multi-million-dollar contract to a Chinese state company to upgrade an international port in Honiara in a project funded by the Asian Development Bank, an official of the island nation said on Wednesday.The United States and its allies…
The Hamburg Port Authority (HPA) has closed the port to large ships because of a strike announced by the Verdi union over wages, it said on Wednesday.'Due to the massive restrictions to be expected from the announced warning strikes, the administration…
The U.S. Department of Transportation Maritime Administration (MARAD) recently opened applications for the Port Infrastructure Development Program (PIDP). More than $6.6 million in grant funding is available for projects that include environmental…
A joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A. and Investment Construction Commercial And Industrial S.A. (EKEV SA) signed an agreement with the Hellenic Republic Asset Development Fund (HRADF, the fund…
UAE-based AD Ports Group announced the signing of a concession agreement to develop and operate a multi-purpose port in Safaga in Egypt, in addition to signing of two 15-year agreements, a Memorandum of Understanding (MoU) and three Head of…
Much has been said both in Congress and by the current administration of the need to restore and enhance our nation’s transportation infrastructure, including its maritime transportation infrastructure. Recent legislation, such as the Infrastructure Investment and Jobs Act (IIJA…
Armach Robotics, Inc. announced the launch of EverClean - a new service delivering always clean hulls for ship owners and operators, with the added value of perpetual hull condition monitoring.Following a successful period of demonstrating the…
Global freight movements continued to dwindle in the first two months of 2023 as manufacturers and distributors struggled to reduce excess inventories and cope with rising interest rates and increased caution among buyers.Container flows fell…
U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out…
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, announced the receipt of several major dredging awards totaling $138.8 million.The awarded work includes Trujillo Alto Design and Build for the Lago Loiza (Carraízo) Dredging Project (Maintenance…
U.S. power and gas utility Sempra Energy said on Monday the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal received the financial greenlight to move ahead with investment firm KKR & Co agreeing to a minority stake in the project…
The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment…
Fastener Fair USA is back, taking place at Music City Center in Nashville, TN from May 16-17, 2023. This year's event promises to be bigger and better than ever, with new exhibitors, industry-leading products, and a range of educational and networking opportunities…
Stolt Tankers acquired two 15,000 dwt stainless steel chemical tankers built in 2018 and 2019 respectively. The ships will be named Stolt Condor and Stolt Tucan, joining Stolt Tankers’ Inter-Caribbean service (SNICS) improving Stolt Tankers’…
U.S. marine terminal and logistics company Enstructure announced Monday that it has acquired Richardson Companies, a terminal and logistics company with primary operations in Port Houston and the Port of Mobile.Richardson handles a diverse mix of breakbulk cargoes…
