The U.S. Army Corps of Engineers (USACE) Galveston District (SWG) on Monday awarded a $104 million contract to Galveston-based dredging contractor Callan Marine for the deepening of the Brazos Island Harbor (BIH) Ship Channel in South Texas…
A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…
Ulsan Port Authority (UPA) signed an equity investment agreement worth $17.6 million with Hyundai Oil Terminal Corporation on August 1, 2024, to establish Korea’s alternative marine fuel supply chain centered on Ulsan Port.The investment is…
Enterprise Products Partners LP on Tuesday said it is expanding Texas' Houston Ship Channel export facility in response to continued strong customer demand for natural gas liquids.The expanded service is expected to begin by the end of 2026…
Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said on Wednesday.The Danish company, viewed as a barometer of world trade…
The Georgia Ports Authority (GPA) is enhancing its rail cargo capacity to transport containers across the state and into the Midwest more quickly and efficientlyGPA General Manager of Inland Operations Wesley Barrell, speaking at the inaugural…
Fishermen’s Terminal in Seattle recently celebrated the groundbreaking of a new Maritime Innovation Center.Central to this endeavor is the adaptive reuse of the historic Ship Supply Building, now elevated and relocated to make way for new foundation pilings…
A group of partners is working to redevelop the cruise port in Seward, Alaska.The Seward Company, public-private project formed to revive the port, is working with Turnagain, Port of Tomorrow, Alaska Railroad and Royal Caribbean Group to replace…
APM Terminals Suape, Brazil, reports it has completed the purchase of 28 pieces of all-electric container handling equipment from SANY. The equipment has been specifically customized for the new terminal and features state-of-the-art technology with a high level of efficiency and safety…
“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices could be deterring contracting, yet in the second-hand market, where prices rose 15…
Representatives from Ports of Indiana and Port of Antwerp-Bruges have signed an Memorandum of Understanding (MoU) to advance key economic and environmental port initiatives.The agreement formalizes a plan to work together to advance economic development…
Due to rising temperatures, droughts, floods and other climatic events, the logistics sector is requiring greater attention and adaptation from companies around the world. The potential for interruptions in the supply chain is sizeable and has become one of the sector's biggest concerns…
Fratelli Cosulich Group placed an order for two 7,999 dwt IMO2 chemical bunkering tankers at Taizhou Maple Leaf Shipbuilding Co., Ltd., with options to build two more units.The delivery of the first of these methanol-ready vessels will be in the first half of 2026…
Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight demand for crude and product tankers increase by 5.5% and 4.5% respectively in 2024.In its Q2 2024 report, MSI finds that the market is currently…
U.S. Customs and Border Protection (CBP) has approved a proposal from Ports of Indiana-Burns Harbor to establish the first international sea cargo container terminal on Lake Michigan. This would create the only all-water container route for…
