DP World announced it is investing US$50 million (approximately ₩66 billion) to develop a new logistics center in Busan New Port.Construction of the facility in the 75,000-sqm land is set to commence at the end of 2024, with operations expected to start by the second quarter of 2026. The DP World Busan Logistics Centre (BLC) will have capacity to process nearly 80,000 TEUs of cargo per year by 2028 and offer logistics services such as assembly…
A worker died on Monday after becoming trapped under a forklift at the Port of Los Angeles, according to local officials.The Los Angeles Fire Department said it received report of the incident around 10:40 a.m. at Berth 270.Emergency responders pronounced the trapped person dead on scene…
Scotland's Port of Aberdeen on Monday announced appointments to its leadership team as it targets growth in the energy, trade, and tourism sectors.John Wilson has been appointed as Head of Engineering after serving in the role on an interim basis…
The Port of New Orleans (Port NOLA) said 2023 was a record year for container-on-barge shipping.During the last calendar year, Port NOLA marked 20,500 container moves by barge, the highest since launching the container-on-barge network—the nation's…
The Port of Skagen and Maersk’s offshore vessel-charging venture Stillstrom have signed a memorandum of understanding (MOU) to jointly explore the integration of offshore power and charging solutions into the anchorage zone of the Danish port known as Skagen Anchorage…
French shipping group CMA CGM said on Friday it was suspending its calls at Port au Prince due to the worsening security situation in the Haitian capital.The group, one of the world's largest container lines, will call at Lafito, 20 km from Port au Prince…
In February 2024, King Abdul Aziz Port in Dammam, Saudi Arabia, achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023.This marks the highest monthly handling in the history of the port…
Brazil is interested in exporting soy, corn and other products through Peru's China-controlled Chancay port, Peruvian Economy Minister Jose Arista said on Thursday, according to state news agency Andina.Brazilian Planning Minister Simone Tebet visited the port…
ABB and crane builder Kuenz have secured the largest single order of automatic stacking cranes ever made by a European terminal, as part of the ‘phase 2’ expansion of APM Terminals Maasvlakte II facility in Rotterdam, the Netherlands.The companies…
With more ships heading around the Cape of Good Hope due to attacks in the Red Sea region and a shutdown in their main South African bunkering operations, Mercuria and Trafigura have started refuelling services in Mauritius, four sources said…
As a part of President Biden’s Investing in America agenda, the U.S. Department of Transportation’s Maritime Administration (MARAD) published a Notice of Funding Opportunity (NOFO) for $500 million in Federal Fiscal Year 2024 funding through MARAD’s Port Infrastructure Development Program (PIDP)…
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…
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…