Ports News

 

Konecranes RTGs to Massport

Mar 14, 2019

The Massachusetts Port Authority (Massport) in the USA will take delivery of four Konecranes RTGs in 2019.The Massachusetts Port Authority (Massport) will operate four more Konecranes RTG by the end of 2019. The cranes will be delivered to Conley Terminal in Boston…

DP World downplays Trade Tensions as Profit Soars

Mar 14, 2019

DP World, one of the world's biggest port operators, said on Thursday its business could weather international trade tensions, after reporting a 10.2 percent rise in 2018 profit.'Current year has started with trading in line with expectations…

Brexit Brings Jobs to Rotterdam Port

Mar 13, 2019

Europe's largest port, Rotterdam, said that  eleven British firms set up in Rotterdam in anticipation of Brexit last year.According to Rotterdam Partners these British firms represent nearly a third of the international firms that established a location in the port city last year…

U.S. Democrats Initially Cool to New NAFTA

Mar 13, 2019

Democrats in the U.S. House of Representatives gave a cool reception to the replacement for the North American Free Trade Agreement on Wednesday as the top U.S. trade negotiator opened a campaign to win broad support for the accord in Congress…

Senate EPW Committee Hearing Testimony for AAPA CEO Nagle

Mar 13, 2019

The hearing will be in Room 406 of the Dirksen Senate Office Building, Washington, D.C. Its purpose is to consider the Diesel Emissions Reduction Act (DERA) of 2019, and to hear input from stakeholders about implementation of the DERA program…

CMA CGM to Form JV with Ethiopia's MACCFA

Mar 13, 2019

French shipping company CMA CGM has signed a letter of intent to form a new joint venture with Ethiopian company MACCFA and to manage Ethiopia's Modjo port, according to a document made available by the French President's Elysee department.Marseille-based CMA CGM…

Boluda Corporación Goes to N. Europe

Mar 13, 2019

Shipping services provider Boluda Corporación Marítima has signed a letter of intent to acquire all the shares, worth 300 million euros, of Kotug Smit Towage.The Netherlands-based towage services provider Kotug Smit Towage is operating in North Sea countries (United Kingdom…

Rotterdam Port Invests in Expansion

Mar 12, 2019

The Port of Rotterdam Authority said that its gross investments increased 91% to EUR408.1 million (USD461Mln) in 2018, the highest level since the construction of Maasvlakte 2.By far the largest part of this amount was used to further improve the logistical accessibility of the port of Rotterdam…

Wan Hai Lines Enhances Japan Services

Mar 12, 2019

Taiwanese shipping company Wan Hai Lines announced the enhancement of its Japan service coverage.With effect from early April 2019, the company shall upgrade its existing New Super 1 service and also extend one of its existing Japan Kanto service to cover Malaysia…

Opportunities for Boat Building in Eastern Cape

Mar 12, 2019

Transnet National Ports Authority’s (TNPA) Port of Ngqura has hosted the testing and launch of the first ever locally manufactured aluminium vessels by PE-based boat builder, Legacy Marine. As the company’s ship yard is based in Perseverance…

Moody's Upgrades Panama Canal Rating

Mar 12, 2019

Moody’s Investors Service upgraded the 20-year $450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, with a stable outlook, based on the waterway's strong performance since the expansion's inauguration…

Brazilian Soya Bean Exports Soar

Mar 12, 2019

According to a research note from BIMCO, Brazilian soya bean exports are up 85.2% in the first two months of 2019, this following a record high exports in 2018 of 83.6 million tonnes, which was a 22.7% increase from 2017.According to BIMCO,…

Partnership to Test Sustainable Marine Bio-Fuel Oil

Mar 12, 2019

IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will…

Zeebrugge Preps for Brexit with Digital Tools

Mar 12, 2019

The Port of Zeebrugge, Belgium, has revealed it developed a new data sharing platform to allow a fluent flow of cargo to and from the UK despite extra customs administrations which will be implemented after the Brexit deadline.The development…

MOL Launches Rope Status Monitoring System

Mar 12, 2019

Japanese shipping major Mitsui O.S.K. Lines (MOL) announced that, in partnership with MOL Coastal Shipping, and MOL Information Systems, it will start a demonstration test of a mooring rope with a built-in sensor, along with a rope status monitoring system…

Logistics News

Israel Bombs Yemen's Hodeidah Port

Israel Bombs Yemen's Hodeidah Port

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

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

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