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Ports News

 

$22 Mln Cocaine Bust in Port of Philadelphia

Jan 09, 2018

U.S. Customs and Border Protection (CBP) said its officers in the Port of Philadelphia seized 709 pounds of cocaine concealed inside furniture on a containership arriving from Puerto Rico, the largest local cocaine load discovered by the CBP in a decade…

Forest Products Shed Opens in the Ostuferhafen

Jan 09, 2018

Another warehouse for Russian forestry products was inaugurated in the Ostuferhafen on Tuesday January 9th. The new Shed 12 was built inside just six months and represents an investment of € 1.5 million ($1.78 mln). The Managing Director of the Port of Kiel  (SEEHAFEN KIEL GmbH & Co…

DP World to Invest $1bn in Expansion

Jan 08, 2018

DP World is planning to annually inject up to $1 billion in global investments until 2020, local media quoted company chairman and CEO Sultan Ahmed Bin Sulayem as saying. The expansion at Prince Rupert in Canada opened for business. DP World Limassol in Cyprus opened a new cruise terminal…

Pecém Cargo Volume up by 19%

Jan 08, 2018

APM Terminals Pecém reported a 19% annual increase in container handling volumes as the gateway port to northeast Brazil.   APM Terminals Pecém, which is the container operator at the Port of Pecém which is managed by the state-owned company CIPP (former Cearaportos)…

Tug Safety Training Offered at Port of Milford Haven

Jan 08, 2018

A powerful virtual-reality ship simulation system, operated by the Port of Milford Haven is running courses to train tug boat operators from across Britain.The Navigation Suite, based at Milford Waterfront, creates highly realistic computer-generated versions of any port in the world…

US Retail Imports End 2017 with 7% Growth

Jan 08, 2018

Imports at the United States’ major retail container ports grew 7 percent during 2017 over 2016 as retail sales continued to increase and the industry wrapped up the year with a strong holiday season, according to the monthly Global Port Tracker…

Foss Ships Utility Trucks to Puerto Rico

Jan 07, 2018

At the Port of Virginia in Norfolk and the Port of Lake Charles in Louisiana, Foss Maritime is loading hundreds of utility trucks onto barges bound for Puerto Rico this week. It’s all part of the on-going effort to restore power to nearly half of the population who are without electricity…

Indian Ports Register Positive Growth of 3.64%

Jan 05, 2018

The major ports in India have recorded a growth of 3.64% and together handled 499.41 Million Tonnes of cargo during the period April to December, 2017 as against 481.87 Million Tonnes handled during the corresponding period of previous year…

Rotterdam Port Signs Pact for Maintenance of Roads, Greenery

Jan 05, 2018

The Port of Rotterdam Authority signed agreements with two contractors relating to what is known as the port’s dry infrastructure. One contract covers maintenance of the roads in the port and the other maintenance of the green spaces.  Following a tendering procedure…

French SMART PORT in Med Soon

Jan 05, 2018

The members of the SMART PORT steering committee adopted a first series of projects designed to take advantage of the digital transition with a view to affirming and consolidating the importance of the Aix-Marseille Provence Metropolis as a seaport…

US Trade Deficit Rises to Near Six-year High

Jan 05, 2018

The U.S. trade deficit increased more than expected in November as imports of goods surged to a record high amid strong domestic demand, making it likely that trade will subtract from economic growth in the fourth quarter. The Commerce Department said on Friday the trade gap widened 3…

Solar Modules Stuck at Indian Ports Due to Import Duty Dispute

Jan 05, 2018

Solar modules worth more than $150 million are stuck at various Indian ports due to a dispute over their classification and the import tax applicable to them, sources said, which could delay Prime Minister Narendra Modi's clean energy goals…

Great Lakes Limestone Trade Up in 2017

Jan 05, 2018

Shipments of limestone on the Great Lakes totaled 28 million tons in 2017, an increase of 6.4 percent compared to 2016, the Lake Carriers’ Association (LCA) reported. 2017’s loadings were also 2.1 percent above the trade’s five-year average…

Record Volume for Viking Line in 2017

Jan 04, 2018

The total number of passengers who travelled with Viking Line in 2017 was 6,881,149 (6,502,191) or nearly 6 per cent more than in 2016. That figure is the highest in Viking Line’s history.  The number of cargo units was 127,668 (131,918) while the number of passenger cars was 762…

Westports Records Throughput of 9m TEUs

Jan 04, 2018

Malaysian port operator Westports Holdings Berhad  recorded FY17 container throughput of 9m TEUs which declined 10% YoY, in-line with our expectation of a poorer throughput outlook for the year.  The decline was mainly due to drop in transhipment…

Logistics News

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

DFC, Chubb Announce Additional Partners and Maritime Reinsurance Coverage

Petronas-Chartered Tanker Passes Through Hormuz

Petronas-Chartered Tanker Passes Through Hormuz

Ukrainian Drones Sink Russian Cargo Vessel

Ukrainian Drones Sink Russian Cargo Vessel

Operations Begin at Jubail Container Terminal in Saudi Arabia

Operations Begin at Jubail Container Terminal in Saudi Arabia

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