Ports News

 

Fully Laden LNG Tankers Sit Idle Off Indian Ports after Force Majeure

Mar 27, 2020

At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes, after importers there declared force majeure earlier this week, according to an analyst and shipping sources.Gas…

APM Terminals Pipavav Operational During COVID-19

Mar 26, 2020

APM Terminals Pipavav said operations continue at the Indian port in the wake of the COVID-19 outbreak.The port operator said it has adopted stringent measures in line with the guidelines of the Directorate General of Shipping (DGS) and local…

MAN Cryo Develops Liquefied Methane Terminal in Swedish Port

Mar 26, 2020

OxGas, a company fully owned by the Port of Oxelösund in Sweden has commissioned MAN Energy Solutions to act as “owners engineer” in the development and construction of a multi-functional terminal for liquefied methane based fuels in the port of Oxelösund…

CMA CGM Completes Sale of Eight Terminals

Mar 26, 2020

CMA CGM said on Thursday it has completed the sale of stakes in eight port terminals for $815 million to its joint venture with China Merchants Port Group.Late last year, CMA CGM reached a deal with China Merchants to sell stakes in 10 port…

Meatpacker JBS Flags Export Logistics Issues Amid Coronavirus

Mar 26, 2020

Brazil's JBS SA, the world's largest meatpacker, has identified potential logistics issues amid the coronavirus crisis including container shortages and port disruptions, according to executives discussing earnings results on Thursday.JBS executives…

More Bad News for Bulkers, as South African Ports Close for Mineral Exports

Mar 26, 2020

South Africa's main export terminals will be closed to mineral exports from midnight on Thursday when a nationwide 21-day lockdown over coronavirus begins, disrupting copper supply chains linking major producer Zambia to Asian consumers.Miners…

Australia Orders Two Cruise Ships to Leave ... Now!

Mar 26, 2020

Australia ordered two cruise ships to leave its waters on Thursday, after a liner that docked in Sydney Harbor last week became the primary source of infection in the country's coronavirus outbreak.Although well below levels elsewhere in the world…

Leases and Fees Defered at the Port of Hamburg

Mar 25, 2020

All tenants of the Hamburg Port Authority (HPA) in the port of Hamburg can apply for the interest-free moratorium of the building- and land lease for the months April, May and June. Payments can be deferred until December 31, 2020. The Free…

Hanseaticsoft Urges Companies to Help Seafarers Reduce Stress

Mar 25, 2020

This year as Stress Awareness month (April) coincides with a global pandemic Hanseaticsoft, a provider of maritime software is urging shipping companies to tackle stress and depression amongst seafarers by ensuring connectivity at sea.During the coronavirus crisis this is even more imperative…

DP World Berbera Orders 8 RTG Cranes

Mar 25, 2020

Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable…

Reduced Appetite Expected for DP World’s $9bn Loan

Mar 24, 2020

Appetite for UAE global port operator DP World's $9bn loan financing is expected to weaken due to market turmoil caused by the coronavirus, bankers said.The loan was fully underwritten by Citigroup and Deutsche Bank, and went out to a wider…

Shipping Industry Urges G20 to Keep Freight Flowing

Mar 24, 2020

Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus…

Intermodal Supply Chains Strain Under the Weight of Coronovirus Lockdowns

Mar 24, 2020

LONDON/MADRID/LOS ANGELES, March 23 - Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas…

Port of Savannah up 17% in February

Mar 23, 2020

The Port of Savannah achieved its busiest February ever last month, handling 364,405 twenty-foot equivalent container units, an increase of 17% over the same month last year, the Georgia Ports Authority said. Griff Lynch, executive director of the Georgia Ports Authority…

Port of Hamburg Says Containers Are In Good Supply

Mar 23, 2020

The Port of Hamburg, responding to reports of bottlenecks in the supply of empty containers, conducted a flash poll this week asking shipping lines about the current situation and found that shipping lines see no appreciable scarcity of equipment in Hamburg and other German seaports…

Logistics News

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

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