DP World operated International Container Transshipment Terminal (ICTT) at Cochin handled a record volume of 75,141 TEUs in February 2024, registering a 38% volume growth over February 2023.The substantial growth of cargo handled by ICTT is…
SAAM reported net income of US$501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$422 million.Sales for the year totaled US$540 million and EBITDA was US$160 million…
The Port Authority of València (PAV) reports it is making steady progress in the construction of its second solar photovoltaic plant located on the roof of the vehicle silo of the VTE concession on the East Dock. The installation work began…
Transnet National Ports Authority (TNPA) to invest R233 million to upgrade road infrastructure that had deteriorated due to an influx of trucks in the Port of Durban.The Port of Durban handles approximately 60% of South Africa’s total container volumes…
Port of Antwerp-Bruges increased the bollard capacity of four bollards at PSA Antwerp’s Noordzee Terminal from 150 tonnes to seven new 250 tonne bollards to minimize lost space between two vessels. Dynamic mooring analysis also showed that the…
Europe's largest seaport is boosting its security efforts in an attempt to prevent illicit drugs from making their way through the port.As of March 31, 2024, all import containers arriving in the port of Rotterdam from Latin America will only be securely and reliably released via the Secure Chain…
NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande liquefied natural gas (LNG) facility in Texas by the second half of 2024.The Rio…
In response to the current and projected level of Gatun Lake, the Panama Canal Authority has announced, through Notice to Shipping Lines No. A-08-2024, that it will increase the number of daily slots available in the Panamax locks.Two additional…
Shipyard order books show that more and more ships are being built that can run on methanol or liquified natural gas (LNG). Major shipping companies are investing in green fuels for their fleets, and researchers around the world are working…
Shell has awarded Worley a contract for detailed design, procurement and construction management support services a Holland Hydrogen 1, a project that will become the Europe’s largest commercial renewable hydrogen production facility.Under the contract…
Earlier this year, 30-year Port Houston veteran Jeff Davis announced his retirement as Chief Port Operations Officer. The port's Executive Director Roger Guenther has subsequently announced the promotion of two long-term, well-regarded members…
Galveston-based dredging contractor Callan Marine has been awarded a $136 million contract from Port Houston to dredge segment 1C of the Houston Ship Channel Expansion, under the port's Project 11 program.Callan will use its recently christened 32-inch cutter suction dredge…
U.S. President Joe Biden's plan to build a floating U.S. military port to speed up aid to Gaza could take up to 60 days to become a reality and involve more than 1,000 American troops, the Pentagon said on Friday.The Pentagon offered the timeline…
Shanghai Zhenhua Heavy Industries (ZPMC) said on Sunday its cranes do not pose a cybersecurity threat, after U.S. congressional committees questioned the Chinese state-owned company's work on cranes bound for the United States.The House of Representatives security panels…
The Biden-Harris Administration has unveiled a $3 billion initiative to fund clean ports, aimed at reducing emissions and advancing environmental justice. Announced by the U.S. Environmental Protection Agency (EPA), the Clean Ports Program will…
