Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena Park and Seabrook, Texas, for holders of ICE's Permian West Texas Intermediate (WTI) crude futures contracts…
For the fourth consecutive month, the Port of Los Angeles (PoLS) has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history.A press release form PoLS…
Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues…
Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member…
Jumbo reports completion of a shipment of the 'heaviest, tallest and the largest diameter 'Transition Pieces (TP’s) it has ever transported.The TP’s were shipped for Jan De Nul Group in cooperation with brokers Multi Marine Chartering B.V. from Laem Chabang to Taichung…
Liberty Global Logistics LLC (LGL) announced today that Robert G. (Bob) Wellner, its current President, will retire effective December 31, 2019. Mr. Wellner is a widely respected industry veteran with more than 46 years of experience in the U…
International Container Terminal Services, Inc. (ICTSI) is selling its 30% stake in a company that operates the Motukea Port, Papua New Guinea.According to a stock exchange announcement, ICTSI South Pacific Ltd, a subsidiary of ICTSI, has entered into agreements with Noho-Mage Holdings Ltd…
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa, following the arrival of the Elly Maersk.The Elly Maersk departed from Nansha for Rotterdam on 28 July…
The Port of Oakland, a container ship facility located in Oakland, California, in the San Francisco Bay, said that July was the busiest in the Port’s 92-year history for containerized import cargo. According to the Port, it handled the equivalent of 90…
Volumes Increase 9.4% Compared to Previous Year.For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history…
The European Commission has cleared a French extension project for the Mediterranean port of Port-La-Nouvelle.The project involves the construction of dikes and a platform for the handling of heavy parcels, jointly financed by the Occitanie region…
Portico Shipping, the international cargo terminal in Portsmouth, UK, is taking delivery of by 4 x Terberg TT223 two wheel drive Terminal tractors in March 2020.These units will be supplied with rotating seats to facilitate improved driver comfort and operational efficiencies…
The international container terminal operating company APM Terminals announced that APM Terminals Yucatán, operator of the Port of Progreso, Mexico, will invest to expand and modernize the Progreso container terminal, supporting trade growth and economic development in the Yucatan peninsula…
On August 7, 20 NYK executive officers and a group of six vessel captains and chief engineers held a meeting at NYK headquarters in Tokyo to openly exchange opinions about the safe operation of vessels that the NYK Group is managing and operating…
The Shanghai port has topped UNCTAD’s 2019 ranking of the world’s best-connected ports, released yesterday (7 August).The Chinese port garnered a connectivity score of 134 points, followed by the ports of Singapore (124.63 points), Pusan (114…
