Ports News

 

Adani Ports Q4 profit up 41%

May 27, 2019

Adani Ports and Special Economic Zone (APSEZ), India’s largest private multi-port operator, reported a 41.45 percent surge in its consolidated net profit to INR 1,314.19 crore (USD 188.4million) for the quarter ended on March 31, 2019.However…

ONE, PSA Open Magenta Singapore Terminal

May 27, 2019

The Japanese container shipping company, headquartered in Tokyo and Singapore  Ocean Network Express (ONE), recently held an inauguration ceremony with PSA Singapore (PSA) for the Magenta Singapore Terminal (MST).The joint venture between ONE…

Nieuw Statendam's Maiden Call at Kiel Port

May 27, 2019

The latest newbuilding of Holland America Line’s fleet (HAL) “Nieuw Statendam” arrived in the Port of Kiel from Stockholm for its maiden call in the last week, on Thursday morning (23rd May).During the on-board reception, the Managing Director of the Port of Kiel…

U.S. Deploys Troops to Middle East, Blames Iran for Tanker Attacks

May 24, 2019

The United States on Friday announced the deployment of 1,500 troops to the Middle East, describing it as an effort to bolster defenses against Iran as it accused the country's Revolutionary Guards of direct responsibility for this month's tanker attacks…

CG Seeks Participants for Straits of Mackinac PAWSA Workshop

May 24, 2019

The U.S. Coast Guard is soliciting for members of the public to participate in a Ports and Waterways Safety Assessment (PAWSA) workshop for the Straits of Mackinac that will take place in St. Ignace, Michigan, July 24 and 25.A longstanding and proven Coast Guard process for formal public study…

MISC Group Q1 Financial Results

May 24, 2019

MISC has announced its financial results for the financial period ended March 31, 2019.Financial Highlights:Group revenue for the quarter ended March 31, 2019 was higher than the corresponding quarter ended March 31, 2018.Group profit before tax for the quarter ended March 31…

GT USA Wilmington Orders Terberg Tractors

May 24, 2019

GT USA, the US arm of Gulftainer, one of the world’s largest privately owned, independent ports and logistics company, has announced it has placed an initial order of 16 terminal tractors from Terberg Tractors Americas. The fuel-efficient, low…

Cape Town to Employ Helo Pilotage Transfers

May 24, 2019

Transnet National Ports Authority (TNPA) has taken the decision to introduce a helicopter service at its Port of Cape Town to transfer marine pilots onto and off visiting vessels. This would make the port one of three within the South African…

Adani to Develop Container Port in Myanmar

May 23, 2019

India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions…

Ports Push for Smart Europe

May 23, 2019

European ports have prepared a memorandum emphasising the role port managing bodies can play as facilitators of the port ecosystem in view of the European elections, which will lead to a new Commission, a new European Parliament and a new vision for Europe…

Canaveral, Disney Ink 20-Year Deal

May 23, 2019

The Canaveral Port Authority and Disney Cruise Line have reached a new 20-year agreement to expand operations and make Port Canaveral home for two of Disney Cruise Line’s three new ships.  The new operating agreement will begin June 1, 2019…

PSA, PFR, IFM Jointly Acquire DCT GDAŃSK

May 23, 2019

PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland.DCT…

DP World Strengthen Brazil Ties

May 22, 2019

Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met with the global port operator DP World Group's Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian capital, Brasilia this week.They discussed social reform, a stable…

$160m Deal for NW Alliance Terminal Project

May 22, 2019

Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, has announced a contract award of approximately $160 million.The company’s marine segment has been awarded a contract from the Port of Seattle, Washington, for…

Peel Ports Acquires Quality Freight

May 22, 2019

Peel Ports Group has announced that it has acquired Quality Freight (UK) Limited, which provides chartering and a range of port services operating from a 40 acre multimodal facility at Ellesmere Port in Cheshire.The value of the transaction has not been dicslosed…

Logistics News

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

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