Port Houston, the United States' fifth-largest container port. reported its container volumes this July were the highest of any previous July on record. A total of 344,163 TEUs were handled during the month, a 5% increase from July 2022. Year-to-date…
South Carolina Ports reports it is entering fiscal year 2024 showing signs of strength.SC Ports handled 208,134 TEUs and 115,422 pier containers in July. Imports flowing into the Port of Charleston outperformed U.S. volumes with a 12% increase from June and a 3% increase year-over-year…
Ports of Indiana has hired Jenna Richardt as Senior Vice President of Business Development & Engagement for the statewide port system.Richardt is the first senior vice president to be based in Mount Vernon, Ind., but will lead statewide initiatives…
Interest in methanol as an alternative fuel has grown in the shipping industry, which seeks to achieve net-zero emissions by 2050.Below is a list of upcoming methanol bunkering-related projects by companies and ports:COMPANIES:A.P. Moller-MaerskMaersk…
APM Terminals Pipavav has shattered its previous records by successfully achieving over 200 port moves per hour (PMPH) on a single vessel for the first time in the history of its operations.On August 17, 2023, the port, located on the coast of Gujarat…
NYK has acquired a 25% stake in PT. Patimban International Car Terminal (PICT), a car terminal operator based at the Indonesian port of Patimban. The shares were acquired from Toyota Tsusho Corporation, and registration was completed on August 18…
Victoria International Container Terminal (VICT) at the Port of Melbourne, Australia’s first fully automated container terminal, is expanding its equipment fleet with the addition of six new automated stacking cranes (ASC).Purchased as part of VICT’s ongoing expansion project…
Investment firm GQG Partners raised its stake in Adani Ports And Special Economic Zone Ltd on Aug. 17 to 5.03% after buying more shares, GQG said in a disclosure on Saturday.GQG Partners, which held a 4.93% stake in Adani Ports, acquired another 0…
Dubai's state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even as revenue climbed nearly 14%, and flagged an uncertain outlook for trade.Profit attributable to DP World's owners in the six months to June was down 9…
Swiss-based firm Implenia and NorSea's WindWorks Jelsa have signed an agreement to develop a production and assembly facility for large concrete or steel structures for the floating offshore wind industry at Norway’s west coast.Implenia and NorSea will become equal minority shareholders (approx…
The U.S. Coast Guard (USCG) has published a Proposed Rule in the Federal Register outlining U.S. Great Lakes pilotage rates for the 2024 shipping season.The new rates seek to generate revenue for each of the three U.S. Great Lakes pilot associations…
Evergreen Marine has officially opened Terminal 7 at Kaohsiung Port, a smart terminal expected to drive ongoing growth of shipping related industries within southern Taiwan. The terminal is the first and largest fully-automated container terminal…
PhilaPort announced it has promoted Michael Day, P.E as its new director of engineering.Since joining PhilaPort in 2013, Day has been instrumental in guiding PhilaPort through its expansion, planning, implementing and overseeing construction…
Ukraine's air force on Wednesday said a large group of Russian army drones entered the mouth of the Danube River and headed toward the Izmail river port near the border with Romania.Social media groups reported hearing air defence systems firing in the area near two Danube ports - Izmail and Reni…
DP World expects to add approximately three million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year.The company says this will add much needed infrastructure and capacity to boost global supply chain resilience…
