Ports News

 

Port Hedland Iron Ore Shipments to China Jump

Sep 10, 2018

Iron ore shipments to China from Australia's Port Hedland terminal rose nearly 10 percent in August from a month earlier, port data released on Monday showed.Iron ore shipments to China from the world's biggest iron ore port totalled 35.5 million tonnes in August…

Oil Shipments From Georgia's Batumi Drop 45%

Sep 10, 2018

Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell by 45.3 percent in the first eight months of 2018 from a year earlier, an official at the KazMunaiGas operated terminal said on Monday.Some crude oil has been re-routed…

DP World Plans 10-year Dollar Sukuk, 30-year Conventional Bond Sale

Sep 10, 2018

DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday…

Essberger Tankers Sign Deal with GAC

Sep 10, 2018

Chemical tanker operator Essberger Tankers has signed a ship agency deal with GAC throughout Scandinavia. Under the agreement, GAC will handle an estimated 600-800 port calls a year for Essberger’s fleet of vessels carrying a wide range of high-grade chemicals…

Djibouti Nationalizes Stake in Doraleh Container Terminal

Sep 10, 2018

Djibouti has nationalized the two-thirds stake in its Doraleh Container Terminal held by the Port of Djibouti, the government said in a statement, the latest twist in a dispute with Dubai's government-controlled DP World dating back six years…

Port of Long Beach Sees Cargo Dip

Sep 09, 2018

Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before.A total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs…

CMA CGM, Hapag-Lloyd Introduce ReUse in Mexico with Avantida

Sep 07, 2018

Avantida, an INTTRA company, announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. reUse is a container triangulation service for transporters made available on Avantida’s online platform…

Port of Duluth-Superior Generates $1.4 bln and 8,000 Jobs

Sep 07, 2018

The Port of Duluth-Superior generated $1.4 billion in economic activity and supported 7,881 jobs last year. Handling 35 million short tons of cargo generated over $504 million in total wages, salaries and purchases of goods and services in the regional economy…

Eight Vessels Stalled at Sabine Pass Over Draft Restrictions

Sep 07, 2018

Eight vessels were stalled on Friday at the Sabine Pass Channel on the Texas-Louisiana border after 37-foot draft restrictions were put in place this week to allow search operations for a displaced pipeline, the U.S. Coast Guard said.One liquefied natural gas (LNG)…

Latvia’s Economy Growing via German Ports Too

Sep 07, 2018

Latvia recorded the strongest real growth among European states in the first quarter of 2018, posting a seasonally adjusted rise of 5.1 percent on strong domestic demand, driven by EU funded major projects, and greatly consuming private households…

Kalmar STS for Curaçao Port Services

Sep 06, 2018

Kalmar, part of Cargotec has signed a contract for supplying two Kalmar Ship-to-Shore (STS) cranes, including related spare parts, to Curaçao Port Services, said a press release.The Panamax size cranes will be used for modernising the customer's…

Antwerp Port: Brexit Ready

Sep 06, 2018

The UK is the third-largest maritime trading partner for the port of Antwerp. In order to be fully prepared for Brexit the Port Authority is taking various initiatives including the appointment of a new representative for the UK and Ireland…

MOL Worldwide Logistics Establishes Hong Kong HQ for MOL NVOCC Operations

Sep 06, 2018

Mitsui O.S.K. Lines (MOL) announced the establishment, effective July 1, of MOL Worldwide Logistics (MWL), and that they will lead MOL Group non vessel operating common carrier (NVOCC) business in Hong Kong.In a press release the company clarified…

Indian Ports Register Positive Growth of 5.13%

Sep 06, 2018

The Major ports in India have recorded a growth of 5.13% and together handled 288.38 MTof cargo during the period April to August, 2018 as against 274.32 MThandled during the corresponding period of previous year.For the period from April-August 2018…

Ship Strikes Dredging Pipeline in Sabine Pass

Sep 06, 2018

Several vessels, including two oil tankers and one carrying liquefied natural gas, were stalled and unable to enter the Sabine Pass shipping channel near the Texas-Louisiana border due to draft restrictions, the U.S. Coast Guard said on Thursday…

Logistics News

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

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

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Indian port operator JSW Infra is looking inwards to ease tariff-hit trade woes
Ukraine's farm exports fell 23% month-on-month in April, according to lobby.
Adani Ports in India beats its quarterly profit forecast on the back of higher cargo growth