Maersk and the Port Authority of New York and New Jersey (PANYNJ) have agreed to extend APM Terminals Elizabeth's lease through December 2062. Originally set to expire in 2029, the lease extension reflects the company’s partnership with the port…
A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it meets for talks with Russian officials on Monday, after discussions with diplomats from Ukraine on Sunday.The so-called technical talks come as U…
The Queensland ports of Mackay, Hay Point and Abbot Point contribute A$31.7 billion ($19.9 billion) annually to Australia’s economy, a new economic impact study has revealed.The independent study was conducted by Prominence and commissioned by North Queensland Bulk Ports (NQBP)…
Actors Dame Joanna Lumley and Pauline McLynn have joined forces with over 110 other high-profile individuals, experts and animal welfare NGOs to condemn a decision by Brittany Ferries to resume transporting livestock from Ireland to France, including unweaned calves…
This week, the UK Marine Accident Investigation Branch (MAIB) issued its report on the deaths of three stevedores in a cargo hold access space on board a bulk carrier.Berge Mawson was in Indonesia, loading coal from barges using a floating crane…
The UK Marine Accident Investigation Branch (MAIB) has issued its report on the deaths of three stevedores in a cargo hold access space on board the bulk carrier Berge Mawson.On the morning of 27 June 2022, three unconscious stevedores were…
Taiwanese state energy firm CPC Corp signed on Thursday an agreement with Alaska Gasline Development Corp to buy liquefied natural gas and invest in the project, a move Taiwan's President Lai Ching-te said would ensure the island's energy security…
CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium…
“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland imports…
President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad…
Shipping companies must evaluate a range of compliance options under FuelEU Maritime that can have a significant financial impact if not managed properly. Continuous forecasting is essential for an effective compliance strategy in order to manage…
The Port of Oakland starts 2025 with growth in both imports and exports. Loaded container volume recorded 146,187 TEUs (twenty-foot containers) in January 2025. This is an 8.5% increase over January 2024, when 144,405 TEUs passed through the Port…
In Q2 2024, Socep SA Romania (Socep) had a new Konecranes drive retrofitted to one non-Konecranes ship-to-shore (STS) crane at itscontainer terminal in Constanta. This upgrade was intended to improve crane performance and lengthen the operational…
Marcegaglia’s latest acquisition, the LHM 600, marks the 2,000th mobile harbor crane produced and delivered by Liebherr. The LHM 600 will be instrumental in handling steel products, and is the sixth Liebherr mobile harbor crane for the Italian company…
Dubai-based ports and logistics firm DP World and shipping giant Maersk have signed a long-term agreement to boost container-handling capacity and increase weekly vessel calls to support Brazil’s growing trade demands.DP World operates one of…
