Ports News

 

PIRAEUS I Floating Dock Ready for Ops

Oct 25, 2019

Greece's Piraeus Port Authority (PPA) announced that the 'PIRAEUS I' floating dock is available again for ship repair works.'PIRAEUS I floating dock has been delivered for use and is operating again after scheduled maintenance works,' said an announcement from PPA…

Great Lakes Seaway Shipping Highlights Economic Impact

Oct 25, 2019

The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional…

Massachusetts Maritime Academy Opens Wind Training Facility

Oct 25, 2019

Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind…

JAXPORT Sets Cargo Records

Oct 25, 2019

Florida’s largest container port achieved record volumes in containers, vehicles and overall tonnage during the fiscal year ending September 30, 2019.The Jacksonville Port Authority (JAXPORT) moved more than 1.338 million twenty-foot equivalent units (or TEUs…

Iraq's Umm Qasr Ready for Bigger Ships

Oct 25, 2019

Philippines-based International Terminal Container Services Inc. (ICTSI) formally inaugurated two new berths in the port of Umm Qasr, Iraq’s main dry cargo port.The inauguration marked both the opening for business of the two new berths 25 and 26 with a depth of 14 meters…

Duisburg to Open New Trimodal Terminal

Oct 25, 2019

The largest trimodal  container terminal in the European hinterland is being developed in the Port of Duisburg.Duisburger Hafen AG (duisport) is set to build a US$111.2mln  new 220,000 m² trimodal container terminal on the site of its current…

Liebherr Delivers New LHM 800 to Bronka Port

Oct 24, 2019

Swiss multinational equipment manufacturer Liebherr has delivered  mobile harbor crane LHM 800 to  Russian port Bronka. It was carried by mv Trina. This is the second crane of such model in the port.The LHM 800 is the most powerful mobile harbor…

Asyaport Selects Kalmar Zero Emission RTG

Oct 24, 2019

Kalmar, the provider of cargo-handling solutions and services to ports, said that it has been awarded a contract to supply Asyaport Liman A.S. (Asyaport) with a total of six Kalmar Zero Emission rubber-tired gantry (RTG) cranes.According to the Cargotec group company…

Mombasa Port to Upgrade Four Berths

Oct 24, 2019

Kenya's port of Mombasa will spend 20 billion shillings ($193 million) to modernize four berths to handle both container cargo and goods not packed in containers, the head of the state port operator said.The port, built in 1895, is the main trade gateway for the Eastern Africa region…

Baltic Index Snaps 9-Session Losing Streak

Oct 24, 2019

The Baltic Exchange's main sea freight index edged up on Thursday, ending a nine-session losing streak, on higher demand for capesize vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, inched up 6 points…

Boskalis Bags Dredging Contract in Maldives

Oct 24, 2019

Dutch dredging company Royal Boskalis Westminster N.V. has won a contract by the Ministry of National Planning and Infrastructure, Republic of Maldives, in relation to the development of Gulhifalhu.The value of the contract is estimated at approximately EUR 45 million (US$50 million)…

Antwerp Port Inaugurates Solar Farm

Oct 23, 2019

The Port of Antwerp has inaugurated the first Concentrated Solar Thermal farm (CST) in Europe as part of its efforts to make its operations more eco- friendly.The pioneering energy technology generates eco-friendly heat from concentrated sunlight that can be used by industrial companies…

Waning Demand Across All Sectors Drags on Baltic Index

Oct 23, 2019

The Baltic Exchange's main sea freight index fell for a ninth straight session on Wednesday to a two-week low, hurt by weaker demand across vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 27 points…

DCA to U.S. House: Fully Utilize HMT Fund

Oct 23, 2019

The U.S. House of Representatives is set to consider H.R. 2440, Full Utilization of the Harbor Maintenance Trust Fund bill on Monday October 28, 2019.  The bill may be presented in the House under “suspension of the rules.”“We strongly support…

Oil Stockpiling Builds Ahead of IMO 2020 Rules

Oct 23, 2019

S-Oil, South Korea's third-largest refiner, said on Wednesday that regional refining margins are expected to improve in the fourth quarter on the back of inventory build-up ahead of implementation of stricter rules on marine fuels in 2020.The refiner…

Logistics News

Number of Transits Through Panama Canal Edged Down in August

Number of Transits Through Panama Canal Edged Down in August

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

DNV 2050 Forecast Points to New Fuel Supply Challenges

DNV 2050 Forecast Points to New Fuel Supply Challenges

US State Department Expresses Concern Over Ban of Israeli Shipments in Spanish Ports, Airspace

US State Department Expresses Concern Over Ban of Israeli Shipments in Spanish Ports, Airspace

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JERA signs LNG contract with Alaskan $44 billion LNG export project
Sources say BlackRock-led group is in negotiations to raise $10.3 billion for Aramco.
Wall Street Journal, September 11,