Ports News

 

No UK Port Problems So Far for Jaguar Land Rover

Dec 24, 2020

Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors said on Thursday, even as many countries cut transport ties with Britain due to a fast-spreading new variant of the coronavirus…

Argentina Port Workers to Spend Christmas on Strike

Dec 24, 2020

Argentine oilseed workers and grains inspectors said on Wednesday they will spend Christmas on strike, further bogging down agricultural exports by extending a work stoppage that started on Dec. 9.The latest offer from the CIARA-CEC chamber…

Jiasheng Gas to Build $380M LNG Terminal in Jiangsu, China

Dec 24, 2020

China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said…

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Dec 23, 2020

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned…

Global Cargo Logjam Deepens

Dec 23, 2020

Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture…

DP World to Build $1.1B Deep-water Port in Senegal

Dec 23, 2020

Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 billion, its biggest investment in Africa to date, the company said on Wednesday.DP World Dakar…

European Commission to Co-Finance Port of Algeciras LNG-Bunkering Vessel

Dec 23, 2020

The European Commission will co-finance the construction of the first vessel to be fully dedicated to liquefied natural gas (LNG) bunkering at the Port of Algeciras, Spain.The grant agreement was signed with Enagás and the Port Authority of Algeciras Bay on Tuesday…

Port of Oakland Set to Receive New Cranes

Dec 22, 2020

Towering new container gantry cranes currently en route to the Port of Oakland will be the tallest ever at the California seaport, and rank among the largest in the U.S.Stevedoring Services of America (SSA) is investing in the three giant cranes…

BIMCO’s Shipping Number of the Week: US imports Christmas Tree Lighting Sets Imports Up 3%

Dec 22, 2020

During the first 10 months of the year, the US has imported a total of 151.4 million sets of Christmas tree lights to decorate their homes this holiday season. Although that represents a 3% rise compared with the same period last year, the figure fails to match the record 189…

Argentina: More than 100 Grains Cargo Ships Delayed by Port Workers Strike

Dec 22, 2020

More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors and oilseed workers stretched into its second week, paralyzing exports from one of the world's breadbaskets.Argentina is the No…

Maersk Plans Distribution Center in Duisburg

Dec 21, 2020

Shipping and logistics giant A.P. Moller - Maersk and duisport are working together to build and operate a new sales and logistics center in Duisburg, Germany. The new hall is expected to be designed and completed in a short period of time. In total…

Indonesia Inaugurates $3B 'Strategic' Port

Dec 20, 2020

Indonesian President Joko Widodo inaugurated the Patimban sea port in West Java on Sunday, saying the new gateway would have a 'strategic' role in boosting the nation's pandemic-hit economy.The 43.2 trillion rupiah ($3.07 billion) port in the town of Subang…

Britain's Retail Industry Demands Probe of Disruption at Ports

Dec 17, 2020

Britain’s retailers and food manufacturers have called on lawmakers to urgently investigate ongoing disruption at UK ports, warning that delays were hurting their plans to build stocks ahead of Christmas and the December 31 end of the Brexit transition period…

BIMCO Number of the Week: Europe-bound Container spot rates Exceed $6,000

Dec 16, 2020

As spot container freight rates entered December, they also entered record-braking territory, climbing from $3,076 per FEU on the last day of November to $4,858 per FEU on first day of December. This was a milestone in its own way.Since then…

Busiest US Seaport, Buried in Imports, Plucks out Toys to Load Santa's Sleigh

Dec 15, 2020

Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive stacks of cargo swamping docks at the Southern California trade gateway to get holiday gifts under trees in time for Christmas.“We’ve never had this much cargo…

Logistics News

Paul Pathy of Fednav Elected BIMCO President

Paul Pathy of Fednav Elected BIMCO President

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

Barcelona to Get New Finished-Vehicle Logistics Terminal

Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

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