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…
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…
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…
The deterioration of Brazil's port infrastructure has become a critical obstacle for the agribusiness sector, directly impacting key supply chains of major industries, such as coffee, among other commodities. According to Mario Veraldo, CEO of global logistics company MTM Logix…
Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October, combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea…
SAAM Terminals held the fourth edition of the Port Gathering in the city of Iquique. The event, which brought together more than 150 port leaders, customers and company executives, provided an opportunity to reflect on the main challenges facing…
India's Adani Ports and Special Economic Zone issued a higher year-on-year revenue growth forecast for fiscal 2026 on Thursday, citing strong port volumes, after posting a better-than-expected quarterly profit.The country's top private port…
The Port of Oakland closed the first quarter of 2025 on a strong note. Total container volume rose 7.2% compared to March 2024, with Port operators handling 217,415 TEUs (twenty-foot equivalent units) in March 2025. That performance brings first-quarter volume to 601…
Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.Tycoon Li Ka-shing's CK…
On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here)…
Port Milwaukee is excited to welcome the Viking Octantis as the first cruise ship to call on the City of Milwaukee for the 2025 season on Monday, April 28. This marks the fourth consecutive year that Octantis will arrive as the inaugural cruise ship…
A Brazilian national has been charged over a failed plan to import about 10kg of cocaine into Australia on a cruise ship from Argentina.The man, 48, is expected to appear before Downing Centre Local Court today (March 17, 2025), charged with importing and possessing border controlled drugs…
In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, the International Transport Intermediaries Club (ITIC) settled a $140,000 claim resulting from an error in calculating port charges.The incident involved a South American grain shipment…
Contecon Guayaquil (CGSA), Ecuador’s main port and subsidiary of ICTSI, has signed a new commercial agreement for the Asia-South America (ASA) service, further strengthening Contecon Guayaquil’s connectivity with the Asian market.The agreement…
Port Authority of NSW, Australia, has developed a pilot ladder training facility in Port Kembla, allowing maritime professionals and trainees to safely practice scaling ladders on the side of a moving ship. Port Authority partnered with Avcon…
