China's fast-spreading coronavirus is squeezing air and sea freight capacity in the country with a spike in freight rates a likely consequence, one of the world's biggest transport and logistics companies said on Friday.The spread of the deadly…
Chinese state-owned shipping company COSCO Shipping Lines, Hong Kong container shipping company Orient Overseas Container Line (OOCL), Japanese/Singapore container shipping company Ocean Network Express (ONE) and Taiwanese ocean shipping company…
Indian government has green-lighted a mega container port, to be constructed at a cost of INR655.45bn ($9.2bn) at Vadhavan, around 160 km north-west of Mumbai.The proposal to create the huge port – on a ‘landlord model’ – was cleared at a Union…
Port of Oakland has appointed veteran aviation executive Kristi McKenney as its Chief Operating Officer (COO).Executive Director Danny Wan announced the appointment today after the Port’s governing Board created the new position last month. Ms…
On Friday January 31, 2020 Stena Line closed the Varberg-Grenaa route. The day after, on Saturday, February 1st Stena Line’s new ferry route between Halmstad in Sweden and Grenaa in Denmark was officially opened. The inauguration started early…
The Philippines said on Wednesday its ports remain open to all ships, even those from China, in order not to disrupt the cargo supply chain, but the crew of vessels arriving from the coronavirus-hit nation will be barred from disembarking.All…
Lithuanian company AB Klaipedos Nafta (KN) has been appointed as the operator of a liquefied natural gas (LNG) terminal in the Brazilian Port of Açu.To execute the contract, KN has established a company in Brazil and plans to form a team of up to 30 local specialists in 2020…
The international container terminal operating APM Terminals said that its port of Poti has presented its plans for the creation of a deep-water port to the Government of Georgia.The plans require an investment of over 250 million USD of private…
The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.As the most…
South Carolina (SC) Ports has celebrated the structural completion of the operations building at Hugh K. Leatherman Sr. Terminal, a new container terminal along the Cooper River, which will open in March 2021.S.C. Ports celebrated today the…
Carnival bought their first cruise ship Mardi Gras in the 1970’s, nearly 50 years ago, and registered her under the Panama flag, now the new Mardi Gras will keep the tradition of flying the Panama flag.In a ceremony at the Meyer Turku shipyard…
PPA S.A. has announced that the construction company TEKAL S.A. was awarded as the construction contractor of the Cruise Terminal Expansion project of Piraeus Port Authority, after the financial bid of $113 million plus VAT, initially budgeted $180 million…
Port of Hamburg announced that mega-ships will from now on find it easy to pass through the Elbe fairway.Vessels with a combined width of up to 98 meters can now pass each other in a widened section of the Elbe in Germany known as the “passing box…
Royal Vopak completed the earlier announced divestment of its oil terminal in Algeciras to First State Investments. This divestment is the finalization of the sale of three terminals (Amsterdam, Hamburg and Algeciras) to First State Investments as previously announced…
A new air draft over the Cape Fear River will make it easier for ultra-large container vessels to reach the Port of Wilmington. The new allowable air draft has been increased to 212 feet. The air draft clearance will allow ships with a carrying capacity of 14…
