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CK Hutchison Confirms Mediterranean Shipping Company As Main Investor in Ports Deal

May 22, 2025

CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.Hutchison co-managing director…

Port Everglades Signs 10-Year Lease Agreement with Everglades Company Terminal

May 21, 2025

Everglades Company Terminal, Inc. (ECT) has signed a new 10-year Marine Terminal Lease and Operating Agreement with Broward County.The Broward County Board of County Commissioners recently approved the long-term agreement granting Everglades Terminal Company…

Konecranes Finalizes Portal Jib Crane Deliveries to U.S. Navy

May 21, 2025

Konecranes is in the final stages of delivering four portal jib cranes to the U.S. Navy in Washington State, completing a contract signed in 2017. Two 25‑ton self‑powered jib cranes were delivered to the Navy pier at Bangor in Q1 2024, and the remaining pair is due at Bremerton by June 2025…

Fortescue Green Pioneer: Proving Ground for Ammonia as Maritime Fuel

May 20, 2025

Fortescue’s Green Pioneer, billed as the world’s first ammonia dual-powered vessel, left Singapore in January of this year on voyage past the Cape of Good Hope en route initially to Southampton, both for Port State Control and to demonstrate…

UAE Blamed for Port Sudan Drone Attacks

May 20, 2025

Sudan said the United Arab Emirates was responsible for an attack on Port Sudan this month, accusing the Gulf state for the first time of direct military intervention in a war between the Sudanese army and the paramilitary Rapid Support Forces…

Mexican Port Acquires Two Large Quay Cranes

May 20, 2025

Contecon Manzanillo (CMSA), ICTSI’s Mexican business unit and operator of the Second Specialized Container Terminal at the Port of Manzanillo, has acquired two quay cranes and four hybrid rubber tired gantry (RTG) cranes.At 60 meters high, the quay cranes are the largest in the Americas…

Port of Antwerp-Bruges Launches Europe’s First Electric Tugboat

May 19, 2025

The Port of Antwerp-Bruges in Belgium has launched the Volta 1, Europe's first fully electric tugboat.The tugboat follows previous world firsts such as the Hydrotug (hydrogen-driven) and the Methatug (methanol-driven).The Volta 1 is a Reversed…

AAPA Pushes Back on Chinese Crane Tariff Plan

May 19, 2025

In response to a proposed additional 100% tariff on Chinese manufactured ship-to-shore (STS) by the Office of the United States Trade Representative (USTR) and the Trump Administration, the American Association of Port Authorities (AAPA) continues to fiercely advocate against it…

Wilson Sons Eliminates Emissions Using 100% Renewable Energy at Rio Grande Container Terminal

May 19, 2025

Wilson Sons obtained, through Rio Grande Container Terminal (RS), a certification that proves the exclusive use of electrical energy from renewable sources in operations conducted in 2024. The International Renewable Energy Certificate (I-REC)…

Port of Oakland April Container Volume Drops 14.7% From March

May 19, 2025

The Port of Oakland handled 185,499 TEUs (twenty-foot containers) in April, marking a 14.7% decrease in overall cargo volume from March 2025. The slowdown is driven by market uncertainty as well as softening demand in exports—both influenced by recent shifts in U…

US Gulf Coast’s First LNG Ship Bunkering Hub Secures Final Permits

May 19, 2025

A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year, executives involved said on Monday.The global…

Investcorp to Invest $550M in Oman’s Port of Duqm Expansion

May 19, 2025

Alternative investment firm Investcorp has signed a cooperation agreement to invest in a $550 million infrastructure project in Port of Duqm in Oman.Investcorp Aberdeen Infrastructure Partners (AIIP) – a joint venture with Aberdeen plc, will be the shareholder in the project…

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

May 16, 2025

A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry…

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

May 16, 2025

French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.The port charges are another operational headache for shipping firms wrestling with the fallout from U…

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

May 16, 2025

Israel attacked Yemen's ports of Hodeidah and Salif along the country's Red Sea coast on Friday, the Houthi-run Al Masirah TV said, in an apparent response to the militant group's missile launches against Israel.Al Masirah did not provide further details…

Logistics News

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

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