Ports News

 

Cruise Season Peaks in Kiel

Aug 11, 2017

Kiel is expecting a quadruple climax to its cruise shipping season on Saturday, August 12th, when four cruise ships will arrive in the port at the same time, in addition to the Baltic ferries of Color Line, Stena Line and DFDS.In the wake of the “AIDAvita” and “AIDAluna”…

Two AIDA Ships to Participate in German Maritime Festival

Aug 11, 2017

For the fourth time in a row, AIDA Cruises has agreed to sponsor a ship for one of these major public attractions of one of Germany’s biggest maritime festivals. Thanks to the support of the cruise company based in Rostock, the venerable Russian…

India to Push Shipping Sector

Aug 10, 2017

Under the Government of India’s Sagarmala Program to promote port-led development, a master plan has been formulated for the 12 Major Ports.  142 port capacity expansion projects with an estimated cost of  INR 91,434 Crore (USD 14.3 billion)…

July Box Volumes up 16% at Port of LA

Aug 10, 2017

July container volumes at the Unites States’ busiest port climbed by 16 percent compared to July 2016 volumes: 796,804 twenty-foot equivalent units (TEUs) came through the Port of Los Angeles, the busiest July in the port’s 110-year history…

GPA Tops 2.85 Mln Tons in July

Aug 10, 2017

The Georgia Ports Authority (GPA) said it moved 2.33 million twenty-foot equivalent container units for the calendar year through July, up 10.8 percent, or an additional 230,000 TEUs. 'It is through the incredible efficiency and productivity…

ENI, Anadarko to Build LNG Terminals in Mozambique

Aug 10, 2017

Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country. The terminals will be built in Cabo Delgado province…

Peterhead Port Secures Offshore Wind Contract

Aug 10, 2017

Game-changing turbine foundations and one of the world’s largest floating cranes to be marshaled at harbor for Vattenfall’s European Offshore Wind Deployment Center Peterhead Port Authority is set to support the start of offshore construction…

Decas Selected as a Top Port Director

Aug 10, 2017

While inclusion with the International Association of Top Professionals is an honor in itself, only a few members in each discipline are chosen for this distinction. These special honorees are distinguished based on their professional accomplishments…

Global Bulk Terminals Market to Grow 5.1%

Aug 09, 2017

Global Bulk Terminals market is expected to grow from $5.20 billion in 2016 to reach $7.41 billion by 2023 with a CAGR of 5.1%, said Forecast Research Study. Rising demand from industrial output, increasing usage of bulk commodities and…

Munich Maersk Comes to Hamburg

Aug 09, 2017

While on her maiden voyage, the “Munich Maersk” berthed at EUROGATE Container Terminal Hamburg on 5 August. With a nominal capacity of 20,568 TEU (twenty-foot equivalent unit) the container vessel is one of the largest in the world. The megaship…

Pasha to Boost Vehicle Imports at Grays Harbor

Aug 09, 2017

Pasha Automotive Services to process FCA US imports via Lázaro Cárdenas to Port of Grays Harbor, Wash. Pasha Automotive Services said it will provide a new volume of port-processing services at its Port of Grays Harbor facility in Washington for FCA US LLC…

Ports Ponder Public Private Partnerships

Aug 09, 2017

Because any port is only as efficient as its weakest link, so-called P3 funding will be the key to driving the future intermodal equation. Seaport and marine terminal finance draws from a wide range of funding sources, often combined to pay for a particular project…

Maritime UK Chief Welcomes $8.6 Bln Infrastructure Project

Aug 09, 2017

Maritime UK Chairman, David Dingle, has welcomed the signature of a major construction contract to deliver the tunnels, bridges and earthworks for phase 1 of the HS2 project. The contracts cover works on both Stage 1 and Stage 2 of the high-speed rail 2 (HS2) project…

ICTSI Net Income Rises 19%

Aug 08, 2017

Manila-based global container terminal operator International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first half of 2017 posting revenue from port operations of US$603.7 million, an increase of 10 percent over the US$550…

Panama Canal’s New Tolls Structure Approved

Aug 08, 2017

Modifications to the Panama Canal tolls structure have been approved by the Cabinet Council of the Republic of Panama. After a thorough analysis of the current utilization and productivity of the Neopanamax Locks, and after meetings with Panama Canal executives…

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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