Congestion off China's top two container ports Shanghai and Ningbo is worsening following the shutdown of a container terminal in Ningbo where a COVID-19 case was detected this week.Tighter restrictions to fight China's latest coronavirus outbreak are starting to hit more parts of the economy…
A seismic isolation system provided by Casper, Phillips & Associates Inc. (CPA) has been installed on two quayside container cranes.The crane base anti-seismic isolation system (BASIS) is built on non-linear time history analysis (NLTHA) and…
Four investment groups are looking to acquire the Israeli port of Haifa estimated to be valued as high as $600 million with formal bids expected towards October, sources with knowledge of the matter said.Israel is selling its state-owned ports…
China’s robust export growth likely moderated in July amid an acceleration in COVID-19 cases globally and continuing severe pressure on global supply chains, a Reuters poll showed on Friday.Although there are signs China’s strong industrial…
Maersk bought two e-commerce companies on Friday and said more acquisitions were coming soon as the world's biggest container shipping line boosts its bet on land-based services.Maersk, which handles one in five containers shipped worldwide…
Thousands of Lebanese gathered near the port of Beirut on Wednesday to mark the first anniversary of a catastrophic explosion that devastated the city, demanding justice for the victims.One year since the disaster, caused by a huge quantity of ammonium nitrate stored unsafely at the port for years…
Two Chinese firms are seeking liquefied natural gas (LNG) cargoes for delivery over August to November as summer demand in the southern region remains strong and as companies prepare to meet winter demand, industry sources said.China's Shenzhen…
The Australian Maritime College (AMC), part of the University of Tasmania (UTAS), and the International Association of Maritime and Port Executives (IAMPE) have signed a Memorandum of Understanding (MOU) agreeing to work together on professional development for the maritime and port industry…
Galveston Wharves at Port of Galveston and Stabilis Solutions Inc. have entered into a memorandum of understanding (MOU) to facilitate the use of liquefied natural gas (LNG) as a marine fuel at the port.Under the terms of the MOU, the port and…
Benchmark iron ore futures in China rose more than 3% on Tuesday, after five straight sessions of declines fuelled by speculations of a relaxation in steel output controls.'Affected by the notice of rectifying campaign-style carbon reduction efforts…
The container ship Ever Given, which got stuck in the Suez Canal for six days in March, arrived in the Dutch port of Rotterdam on Thursday after being released by authorities in Egypt.It was scheduled to dock at Rotterdam's ECT Delta terminal for unloading until Aug…
The amount of ammonium nitrate that blew up at Beirut port last year was one-fifth of the shipment unloaded there in 2013, the FBI concluded after the blast, adding to suspicions that much of the cargo had gone missing.As the first anniversary approaches on Aug…
With 38 million tons (MT) of goods handled between January and June 2021, traffic at the Port of Marseille Fos increased by 13% compared with the first half of 2020. All types of goods traffic are increasing, particularly for containers (+2%)…
Kalmar, part of Cargotec, has received an order of 12 diesel-electric straddle carriers from Medcenter Container Terminal (MCT) in Italy.Located in the southern Italian port of Gioia Tauro, MCT, owned and operated by Terminal Investment Limited (TIL)…
The Moroccan government has agreed to sell a 35% stake in terminal operator Marsa Maroc to Groupe Tanger Med, raising 5.48 billion dirhams ($610 mln) for state coffers, Marsa Maroc said on Tuesday.The government will retain 25% of the capital and voting rights in Marsa Maroc…
