Ports News

 

Panama Canal Lifts Daily Neopanamax Reservations to Eight

May 09, 2018

The Panama Canal announced that it has added an additional reservation slot to its Neopanamax locks, effective from Monday (May 07), bringing the total available booking slots to eight daily.The decision to offer additional capacity to shippers…

Indian Ports Register 1.78% Growth in April

May 09, 2018

The major Indian ports collectively recorded a growth of 1.78 per cent during April, handling 56.81 million tonnes of cargo, said the Shipping Ministry. 'The major ports in India have recorded a growth of 1.78% and together handled 56.81…

Peel Ports Launches Rail Freight Service

May 09, 2018

A new rail freight service for containers has left the Port of Liverpool for the first time, thanks to a partnership between Peel Ports and rail freight company DB Cargo.The new service provides shipping lines, forwarders, tank operators and…

Record-Breaking Year for the Port of Baltimore

May 09, 2018

38.4 million tons of cargo handled in 2017; the most since 1979 and the third-highest tonnage in its history.With such a busy port environmental factors have to be considered. The Maryland Department of Transportation, Maryland Port Administration…

Digitisation Helps APM Terminals Pipavav

May 08, 2018

With more than 500 trucks per day passing through the gates at APM Terminals Pipavav, even the smallest efficiency improvement quickly adds up to 100s of hours saved per day.  The terminal’s latest digital solution also offers significant environmental benefits…

Tightening Noose: Venezuela's Crisis Deepens

May 08, 2018

The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come. Reuters is reporting that Venezuela's state-run PDVSA ordered…

PDVSA Halts Caribbean Storage, Shipping; Diverts Oil Cargo

May 08, 2018

Venezuela's state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm's assets on four islands, according to a PDVSA source and Reuters data.PDVSA has begun…

Lindsay Goldberg Mulls Selling Stake in Odfjell Terminals

May 08, 2018

Odfjell SE said it has been informed by Lindsay Goldberg that they are considering a sale of its 49% shareholding in Odfjell Terminals B.V.Lindsay Goldberg has been Odfjell's joint venture partner in Odfjell Terminals's U.S. and European terminals since 2011…

TRAC Adds 700 Chassis to Port of NY/NJ

May 08, 2018

To support the continued cargo growth and demand for chassis in the NY/NJ Port, TRAC Intermodal is adding 700 new chassis to its Metro Pool, providing customers with easy access to high-quality equipment.The 700 new chassis are in addition to…

New York Ports' Top Cop Retires Amid Probe of Limbaugh Escort

May 08, 2018

The head of the police force for New York's airports and bridges authority retired on Monday amid reports that a police escort for conservative radio host Rush Limbaugh had triggered an internal investigation.Michael Fedorko, who had been superintendent of the 1…

China'a April Exports Stronger than Expected

May 08, 2018

China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States…

Poland Cuts Dependence on Russian Oil but at a Cost

May 08, 2018

Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.Russian oil accounted for 76 percent of all oil purchases…

Tightening CA Environmental Regs Could Impact West Coast Supply Chains

May 08, 2018

In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and…

DP World to Develop Egypt Port Terminal

May 07, 2018

A Memorandum of Understanding (MoU) agreed by DP World, Egypt’s Holding Company for Maritime and Land Transport and the Suez Canal Authority is aiming to develop a new Inland Container Depot (ICD) in Egypt’s 6th of October City, a satellite…

Port of Newcastle CEO Geoff Crowe Resigns

May 07, 2018

Port of Newcastle advises that Geoff Crowe, Chief Executive Officer, has informed the Board of his intention to resign, effective at the end of June. Geoff joined Port of Newcastle in July 2015 with extensive experience in the coal mining and logistics industry…

Logistics News

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

Barcelona to Get New Finished-Vehicle Logistics Terminal

Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

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Documents show that Venezuela has topped up its heavy naphtha stock ahead of the expiration date for licenses.
Abacus Storage rejects $1.2 Billion takeover bid
Egypt's Suez Canal considers reducing transit fees in order to attract traffic