Adani Ports and Special Economic Zone, India's largest private port operator, plans a return to the domestic bond market after a 17-month hiatus in what could be its largest-ever rupee denominated debt issue, three merchant bankers said on Wednesday…
Ports of Indiana-Burns Harbor has broken ground on the first new warehouse constructed at the Lake Michigan port in 25 years.The groundbreaking kicked off a $10 million project to construct an 84,000 square-foot warehouse and 1.65-acre laydown yard adjacent to Burns Harbor’s Berth 2…
The company Seacap has launched as a new, specialized company designed to make it significantly easier for ports to carry out the investments required for a green and future-oriented infrastructure.It is the first capital partner globally to…
Police have dismantled a cocaine trafficking gang that shipped cocaine paste from Colombia to Belgium, the pan-European Europol police agency said on Tuesday.Europol said the operation resulted in 14 arrests, of which 11 were in Belgium, two in Germany and one in Italy…
Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday…
U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port…
BAE Systems has announced inauguration of a $250 million shiplift and land-level repair facility at its Jacksonville, Florida, shipyard on June 2, with a ribbon-cutting ceremony attended by Acting Chief of Naval Operations Admiral Jim Kilby…
Ports of Indiana welcomed a delegation led by the Port of Antwerp-Bruges today on a trade mission exploring economic opportunities and new container shipments between the U.S. Midwest and European markets.The day’s events included a tour of Ports of Indiana-Burns Harbor…
CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.Hutchison co-managing director…
Everglades Company Terminal, Inc. (ECT) has signed a new 10-year Marine Terminal Lease and Operating Agreement with Broward County.The Broward County Board of County Commissioners recently approved the long-term agreement granting Everglades Terminal Company…
Konecranes is in the final stages of delivering four portal jib cranes to the U.S. Navy in Washington State, completing a contract signed in 2017. Two 25‑ton self‑powered jib cranes were delivered to the Navy pier at Bangor in Q1 2024, and the remaining pair is due at Bremerton by June 2025…
Fortescue’s Green Pioneer, billed as the world’s first ammonia dual-powered vessel, left Singapore in January of this year on voyage past the Cape of Good Hope en route initially to Southampton, both for Port State Control and to demonstrate…
Sudan said the United Arab Emirates was responsible for an attack on Port Sudan this month, accusing the Gulf state for the first time of direct military intervention in a war between the Sudanese army and the paramilitary Rapid Support Forces…
Contecon Manzanillo (CMSA), ICTSI’s Mexican business unit and operator of the Second Specialized Container Terminal at the Port of Manzanillo, has acquired two quay cranes and four hybrid rubber tired gantry (RTG) cranes.At 60 meters high, the quay cranes are the largest in the Americas…
The Port of Antwerp-Bruges in Belgium has launched the Volta 1, Europe's first fully electric tugboat.The tugboat follows previous world firsts such as the Hydrotug (hydrogen-driven) and the Methatug (methanol-driven).The Volta 1 is a Reversed…
