Ports News

 

Enbridge to Buy US Gulf Coast Gas Storage Facility

Mar 01, 2023

Canadian pipeline operator Enbridge Inc said on Wednesday it would buy a gas storage facility in the U.S. Gulf Coast region from Brookfield Infrastructure Partners and Crestwood Equity Partners for $335 million.The Tres Palacios gas storage…

Deoca, PetroTrade Plan $6.3 Billion Rail Link Between Vientiane and Vietnam Port

Mar 01, 2023

Vietnam's Deoca Group said on Wednesday it had set up a joint venture with Laos' Petroleum Trading Lao (PetroTrade) to study the possibility of jointly building a railway connecting the two countries, with a possible price tag of 149.55 trillion dong ($6…

MARAD Announces $12.4 Million for US Marine Highway Program

Mar 01, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed…

Port of Corpus Christi to Lead Merged Hydrogen Hub Projects

Mar 01, 2023

The U.S. Department of Energy (DOE) Office of Clean Energy Demonstration has encouraged both the Port of Corpus Christi Horizons Clean Hydrogen Hub (HCH2) and Trans Permian (Trans Permian) H2Hub to submit full applications through the DOE Regional Clean Hydrogen Hubs Program…

Wilson Sons Taps ABB for Port Efficiency Tools

Feb 28, 2023

Wilson Sons selected ABB’s Optical Character Recognition (OCR) system for ship-to-shore (STS) gantry cranes at Rio Grande container terminal, including the QuayPro module to digitalize container stowage confirmation processes. The company has…

Carter Sworn In as Milwaukee Port Director

Feb 27, 2023

The City of Milwaukee’s new Municipal Port Director officially took office on Thursday during a swearing-in ceremony at City Hall. Mayor Cavalier Johnson appointed Jackie Q. Carter in January, and the Milwaukee Common Council confirmed her appointment earlier in February…

Ukraine to Set up $500 Million Insurance Fund for Cargo Ships

Feb 27, 2023

Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit economy.Ukraine is a major producer and exporter of agricultural products…

Brazil's FTS Group Wins Auction for Paranagua Port Terminal

Feb 27, 2023

FTS Group won an auction on Friday to operate a terminal at the port of Paranagua, one of the main ports in Brazil for grains and sugar, amid an uptick in shipping activity in the country.The group will have to invest at least 338.2 million reais ($64…

Gastrade Sees Decision On Second LNG Terminal This Year

Feb 23, 2023

Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…

Yilport Takes Over Operations at Croatia's Port of Šibenik

Feb 23, 2023

Turkey's Yilport Holding announced it has taken over operations at Port of Šibenik in Croatia as part of parent company Yildrim Group’s acquisition of Petrokemija d.d., Croatia's largest fertilizer plant.The Port of Šibenik, which used to operate as the country's main fertilizer handling port…

Florida Seaports See Record-high Cargo in 2022

Feb 22, 2023

Florida’s 16 seaports experienced a new record high of 112.5 million tons of cargo received during 2022, a 6% increase over 2021, a newly released report from the Florida Seaport Transportation and Economic Development Council (FSTED) shows…

Konecranes to Deliver Mobile Harbor Crane to Guyana

Feb 22, 2023

Finland's Konecranes reports it has received an order to deliver two mobile harbor cranes to Guyana's Port of Georgetown.In Q3 2022, two port operating companies in Guyana – Muneshwers Ltd. and John Fernandes Ltd. – made a joint order for two…

Terminal Expansion Boosts Port of Vancouver Container Capacity

Feb 22, 2023

A recently completed terminal expansion project at Canada's Port of Vancouver is set to boost capacity amid projected cargo volume growth at the Canadian West Coast seaport.The Construction on the Centerm Expansion Project—delivered by the the…

Port of Rotterdam to Implement Emissions-tracking Tool

Feb 22, 2023

PortXchange Products B.V., the Netherlands-based digital solutions provider for predictable and sustainable shipping, announced the launch of PortXchange EmissionInsider, with the Port of Rotterdam acting as the launching customer.PortXchange…

A Toll of War: Ukraine’s Dry Bulk Exports Plunge 77.8%

Feb 22, 2023

“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…

Logistics News

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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

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

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

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

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

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

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