Ports News

 

Pegasus Maritime Loses Operator Licence in Singapore

Jul 16, 2018

Marine fuel services provider Pegasus Maritime (Singapore) Pte Ltd has lost its licence to operate bunker crafts in the port of Singapore effective July 16, the Maritime And Port Authority (MPA) of Singapore said on Monday.The MPA has revoked…

Euro Zone Trade in Goods Surplus Shrinks as Exports Drop

Jul 16, 2018

Euro zone's surplus for goods traded with the rest of the world dropped in May as exports fell and imports increased, one month before United States' tariffs on European steel and aluminium kicked in, official data showed on Monday.The European Union's statistics office…

ICTSI Wins Sudan Port Contract

Jul 15, 2018

Philippines-based International Container Terminal Services Inc. (ICTSI) said it has been chosen by the government of Sudan to handle the operations and management of the South Port Container Terminal (SPCT). In a disclosure to the Philippine Stock Exchange yesterday…

Powering Ships with Plastic in Amsterdam

Jul 13, 2018

In the Port of Amsterdam, a new factory is being built that could revolutionize the way we dispose of plastic waste. Utilizing groundbreaking technology, the facility will use previously unrecyclable plastic to create fuel for diesel powered cargo ships…

Antwerp Port Sets New Records for 1H 2018

Jul 13, 2018

After a record first three months the port of Antwerp has also had an excellent second quarter with May as the best month ever.  During the first six months of the year the port handled 118,648,143 tonnes of freight, a sharp increase of 6…

Chinese Imports to US Ports Peaking Early

Jul 13, 2018

Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.Retailers such as Walmart Inc and Amazon…

Protests Block Access to Iraq's Umm Qasr Port

Jul 13, 2018

About 100 protesters demanding jobs and better state services closed access to Umm Qasr port near the southern Iraq city of Basra on Friday, port employees said.'They blocked the road leading into the port and trucks have no way of getting in or out…

Port of Oakland Container Imports at All-time High

Jul 13, 2018

Port of Oakland containerized import volume reached an all-time high last month, according to data released today. The port said it handled the equivalent of 87,207 20-foot import containers in June. That beat the previous monthly record of 84…

Jamaica Passes Bill to Manage Ballast Water Carried By Ships

Jul 12, 2018

The House of Representatives passed the Ballast Water Management Bill, which is aimed at protecting Jamaica’s marine environment, said Jamaica Information Service, a government agency. The legislation seeks to implement measures to prevent…

British Ports Association Welcomes Trade Facilitation Focus of Brexit White Paper

Jul 12, 2018

The British Ports Association has welcomed the Government’s Brexit White Paper which outlines the UK’s aims for a future economic relationship with the EU.  Included in the White Paper is the much publicised Facilitated Customs Arrangement…

India to Roll-out USD 156 mln Vizag Port Projects

Jul 12, 2018

Nitin Gadkari, Indian Minister of Shipping will inaugurate five port projects worth INR  1062 Crores (USD 156 mln ) in Vishakhapatnam today (Friday).  The projects to be inaugurated include upgradation of existing iron ore handling facility at Outer Harbour of Vizag Port…

Intermodal Transport System Essential to Port Efficiency -NIMASA DG

Jul 12, 2018

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, said that for any country to achieve efficiency at its ports, intermodal transport system is an essential factor to consider.Addressing journalists in Lagos…

OTCGH Announces Freight Forward Curves

Jul 12, 2018

OTC Global Holdings LP (OTCGH), an independent interdealer broker in over-the-counter commodities, has announced the availability of its latest data product, Freight Forward Curves powered by EOXLive.The Freight Forward Curves provide an independent…

MSC Cruises Plans New Terminal at PortMiami

Jul 12, 2018

MSC Cruises is eyeing further growth in the North American with a new expansion project in Miami, the cruise line’s exclusive homeport in the U.S. The company announced it has signed an agreement for extended preferential berthing rights as…

Krishnapatnam Port Commissions New Cranes

Jul 12, 2018

Krishnapatnam Port Container Terminal (KPCT); a deep drafted container terminal on India's east coast, announced the commissioning of five new Electrical Rubber Tyred Gantry cranes (e-RTGC).Krishnapatnam Port Container Terminal is planning to…

Logistics News

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

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U.S. natural gas liquids exports reach record highs in April
Initial report: Cause of Heathrow fire shutdown still unknown
Tariffs are expected to end the near-record US container import streak in May