Ports News

 

Yara Marine to Supply Shore Power Systems for Three Finnlines Vessels

Mar 31, 2022

Ro-ro and ro-pax operator Finnlines has inked a deal to install Yara Marine’s shore power solution on board three vessels to reduce fuel consumption, emissions, and noise in port. The installations are scheduled for completion in 2022.The turnkey…

Cofco Wins 25-year Concession for New Brazil Port Terminal

Mar 30, 2022

Cofco International said on Wednesday it had won a 25-year concession for an agriculture bulk terminal at Brazil's Port of Santos, expanding its footprint in the world's top soybean exporter.The STS11 terminal will be fully operational in 2026…

Germany's TES Accelerates Plan for Gas Import Terminal

Mar 30, 2022

Germany's Tree Energy Solutions (TES), backed by Belgian firm AtlasInvest, said on Wednesday it would accelerate plans for a gas import terminal to be built at the northern German port of Wilhelmshaven in partnership with E.ON.It said it was…

Europe Must Shut Ports to Russian Ships, Ukraine President Tells Norwegian Parliament

Mar 30, 2022

Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament on Wednesday.'The European Union, and I do hope so Norway, need to introduce the ban on Russian…

Maersk Warns Shanghai Lockdown to Boost Shipping Costs Further

Mar 29, 2022

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city…

Corpus Christi Ship Channel Improvement Included in Biden's Spend Plan

Mar 29, 2022

The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget released Monday under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category.  The President’s…

Port of Virginia Adds New Container Cranes

Mar 29, 2022

The Port of Virginia on Friday welcomed a pair of massive container cranes to Norfolk International Terminals (NIT) South, the final pieces of equipment needed to complete the South Berth’s $450 million optimization project.“These cranes will expand our lift capacity…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

Savannah Harbor Deepening Complete

Mar 28, 2022

Dredging work to deepen Savannah Harbor has wrapped up, reducing tidal restrictions for mega-ships transiting the Savannah River to clear the way for expedited cargo movement.Dredging for the Savannah Harbor Expansion Project started in September 2015…

Most Containership Spot Rates Tower Above Long Term Contracts - Xeneta

Mar 24, 2022

The Far East to South American East Coast trade is the only front haul trade where the long term is lower than the average spot rate among Xeneta's top 13 trades. Long-term rates on this trade are still below their October highs, but they have been steadily rising since 2022…

Ports Can Reduce Emissions by Switching to Propane

Mar 23, 2022

The U.S. Department of Transportation (DOT) is opening up $450 million in funding for initiatives working to reduce greenhouse gas emissions and minimize impacts to the climate and surrounding communities from port operations. Areas targeted for projects include coastal seaports…

Port of Antwerp Moving Forward with Two Symbiosis Projects

Mar 23, 2022

For the transition to a circular economy, Port of Antwerp is committing itself to the transition to climate-neutral energy and raw materials and to the closing of cycles so that waste flows can be given a second life and be reused or recycled…

Army Corps Making Plans for Fort Langley-Eustis Construction

Mar 23, 2022

The U.S. Army Corps’ Norfolk District seeks contractors for the 3rd Port Improvements Project at Ft. Eustis, Va. Total award could be between $10 million and $25 million. The Corps will use responses from companies to “determine an acquisition strategy…

Foss to Develop Offshore Wind Terminal in New Bedford

Mar 23, 2022

The Port of New Bedford in Massachusetts will add another base of operations and terminal logistics facility to support offshore wind projects off the northeastern coast seaboard.Foss is partnering with key local investors of New Bedford’s Cannon…

FMC’s National Shipper Advisory Committee Updates Ongoing Work

Mar 23, 2022

FMC’s National Shipper Advisory Committee held a third meeting on March 9. Two Subcommittees reported on work on (1) data sharing and visibility and (2) fees and surcharges.A core concern with data sharing is that too many different tech platforms…

Logistics News

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

Kuwait to Sign $4b Mubarak Al-Kabeer Port Infrastructure Contract

Fly-Box Begins Techno-Economic Assessment of Container Platforms

Fly-Box Begins Techno-Economic Assessment of Container Platforms

Eyesea, EVI Safety Technologies Unveil “Container Overboard” Detection, Reporting System

Eyesea, EVI Safety Technologies Unveil “Container Overboard” Detection, Reporting System

Corvus Energy Secures Record Order for Seven Fully Electric CMAL Ferries

Corvus Energy Secures Record Order for Seven Fully Electric CMAL Ferries

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Russia sentences a man to 22 years in prison for blowing up trains on the Ukrainian's orders in Siberia
ADNOC secures $11 billion in financing for future gas production
Lufthansa aims to achieve a turnaround by 2026 and projects a 6% growth in long-haul flights.