Ports News

 

Kruse Elected Manatee County Port Authority Chairman

Dec 15, 2022

Manatee County Commissioner George Kruse has been elected chairman of the Manatee County Port Authority.“I’m excited to apply my business experience to leading SeaPort Manatee in realizing its fullest potential as a key force in Manatee County’s economic prosperity…

Got Propane?

Dec 15, 2022

As the maritime industry mulls the ‘fuel of the future,’ a strong and growing case can be made for propane based on availability, cost and ease of use compared to competitive fuels.Darren Monzingo, president of FARO Industrial and VP of Engineering for GEM Marine…

SC Ports Investing in Capacity

Dec 15, 2022

South Carolina Ports is investing in freight infrastructure to support port-dependent businesses throughout the Southeast and beyond. In the past few months, work has either wrapped or commenced on several of SC Ports’ long-planned infrastructure…

Shipping Down 11% at Port of Green Bay

Dec 14, 2022

More than 146,000 tons of cargo moved through the Port of Green Bay in November, bringing the year-to-date shipping total to more than 1.6 million tons. With the shipping season expected to conclude in mid-January, year-to-date shipping is down about 11% from this time last year…

Boston's Flynn Cruiseport Reports 'Strong Rebound'

Dec 14, 2022

The Massachusetts Port Authority (Massport) reports it saw business bounce back at Flynn Cruiseport Boston this year with 310,767 passengers and 128 cruise ships this season, including 56 homeport vessels and 72 port of calls.The Cruiseport…

AD Ports Group Inks Deal with Kyrgyz Republic

Dec 14, 2022

AD Ports Group signed two agreements with the Government of Kyrgyzstan to promote trade and strengthen economic ties with the Central Asian nation.Under the first agreement, the Ministry of Economy and Commerce has entered negotiations with AD Ports Group to secure more than 300…

AD Ports Inks Deal to Develop and Operate Ports on Sudan

Dec 13, 2022

A consortium led by AD Ports Group and Invictus Investment has signed a Heads of Terms agreement with the Government of the Republic of Sudan that provides them with the right to develop, manage, and operate port and economic zone assets in Sudan…

Louisiana Announces $1.8 Billion Port Expansion Project

Dec 12, 2022

A public-private partnership between the state of Louisiana, the Port of New Orleans and two global maritime industry leaders will build a $1.8 billion container facility on the Lower Mississippi River, Gov. John Bel Edwards announced.The new Louisiana International Terminal (LIT) in St…

Inside the Chinese Port Deal that Divided the German Government

Dec 12, 2022

The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…

Odesa Grain Traders Don't Plan to Suspend Grain Exports

Dec 12, 2022

The Ukrainian port of Odesa was not operating on Sunday after the latest Russian attack on the region's energy system, Agriculture Minister Mykola Solsky said, but added that grains traders were not expected to suspend exports.Two other ports…

Port Newark Container Terminal Commits to Propane

Dec 12, 2022

Port Newark Container Terminal (PNCT) will use propane equipment to reduce emissions at its location in Newark, N.J., the Propane Education & Research Council (PERC) announced.After seeing initial success with a prototype propane-powered port tractor…

In a First, Scottish Port Set to Offer Shore Power for Offshore Vessels

Dec 09, 2022

Montrose Port Authority says the port is set to become the first Scottish port to provide shore power infrastructure to the energy sector.To enable shore power to offshore energy industry vessels, the port has partnered with with Plug Shore Power Ltd in a 50/50 joint venture…

DP World to Upgrade Port of Bosaso

Dec 08, 2022

DP World and Somalia’s Government of Puntland on Thursday signed a construction agreement for expansion and upgrade work at the Port of Bosaso.The 12-month project, which is expected to start in early 2023, will include the development of a 150-meter quay…

Global Port Services Supports Construction of Scotland's Largest Offshore Wind Farm

Dec 08, 2022

Global Port Services, owned by Global Energy Group alongside the Port of Nigg, has said it has secured multiple contracts to support its client Seagreen Wind Energy Limited (SWEL), with site enabling works for the pre-assembly construction of…

CMA CGM to Buy New York, New Jersey Terminals from Canada's GCT

Dec 07, 2022

CMA CGM, one of the world's largest container shipping lines, said on Tuesday that it has agreed to acquire two container terminals at the port of New York and New Jersey from Global Container Terminals (GCT), which will extend its presence in a crucial hub for trade…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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