Nakilat announced financial results for the first quarter ended March 31, 2020 with a net profit of $76 million compared to $64 million during the same period in 2019, with an increase of 18%.Despite the ongoing challenges of the global pandemic…
Mackay Marine announced the opening of its newest marine electronics service center, in Fujairah, U.A.E., located on the east coast of the Gulf of Oman.Mackay Marine–UAE provides Comm & Nav electronics sales and service to vessels in ports throughout the U…
More than 20 vessels loaded with fuel have waited a week or more to discharge gasoline, jet fuel, diesel and liquefied petroleum gas at Mexico's ports, according to Refinitiv Eikon data, as demand craters due to coronavirus-related lockdowns…
China will beef up its Caofeidian pilot free trade zone, prioritizing the development of international commodities trade and bringing in more foreign investments, local government said on Monday.The Caofeidian district, on the edge of China's top steelmaking city of Tangshan…
Bavarian ship management company MINSHIP and its subsidiary MINMARINE said that a bulk carrier in their fleet of managed vessels, M/V Trudy, has successfully bunkered biofuel at the Port of Rotterdam.The biofuel bunkered by the 2009-built, 30…
“Stay at home” is the global message of the moment. The fleet of the Hamburg-based cruise company Hapag-Lloyd Cruises, which would normally be sailing the seven seas, is now heading for the waters of its home port. The expedition ship, the HANSEATIC nature…
The new $14 million refrigerated container yard at the Port of Wilmington boosts on-terminal refrigerated container (reefer) plugs from 235 to 775 with the ability to expand to more than 1,000 plugs through Phase 2 of the project.“North Carolina…
Throughput at the Port of Rotterdam is set to drop by up to 20% this year as the coronavirus pandemic disrupts production and trade worldwide, Europe's largest sea port said on Thursday.Throughput of containers, coal, oil products and other bulk goods already declined 9…
To help Northeast Florida companies better manage cash flow during COVID-19, the Jacksonville Port Authority (JAXPORT) is now deferring the application fee for all new Foreign Trade Zone No. 64 applications received by July 31, 2020. New FTZ customers can defer the one-time $2…
Crowley Logistics has expanded its on-terminal, perishables handling capabilities by constructing a new USDA inspection dock in Port Everglades, Fla. The new $1.6 million dock has capacity for 80 refrigerated (reefer) containers, more than double the previous size…
Port Elizabeth Container Terminals (PECT) prepares for the upcoming citrus fruit harvest with new Liebherr mobile harbor crane technology. The two LHM 600 were transported from Rostock, Germany to South Africa. After a 20-day journey, they were unloaded from the transport vessel “Happy Dragon”…
The Alabama Port Authority completed its 400-foot container dock extension at the APM Terminals Mobile facility on March 20, and three days later, the terminal for the first time simultaneously handled two containerships at the newly expanded berth…
Egypt's Suez Canal Zone and its Suez Canal Container Terminal (SCCT) announced an agreement on Tuesday committing to $50 million of investments that they said would help boost competitiveness at Port Said East port.SCCT opened in 2004 and is operated by majority shareholder APM Terminals…
The first ocean-going vessel of 2020 arrived Monday at the Port of Indiana-Burns Harbor, thereby commencing this year's international shipping season at the Great Lakes port.Port officials welcomed the M/V Muntgracht, a 466-foot general cargo carrier…
Port of Oakland loaded container volume declined 7.4% in March from 2019 totals. The Port said the cargo decrease resulted from a coronavirus pandemic that has weakened global trade. According to the port, March containerized import volume dropped 10…
