Ports News

 

ICTSI Appoints Andrew Dawes as Asia-Pacific Head

Nov 15, 2018

Manila-headquartered International Container Terminal Services, Inc. (ICTSI) has appointed Andrew Dawes as Senior Vice President and Regional Head of Asia Pacific, replacing Christian R. Gonzalez, who has been named Global Corporate Head.Dawes…

Kuwait Ports Resume Traffic after Weather Closure

Nov 15, 2018

Maritime traffic has resumed in Kuwait's Sheweikh and AL-Doha ports after a temporary closure due to bad weather, but Shuaiba port remains closed, Kuwait's Port Authority said on Thursday, Kuwait News Agency (KUNA) reported.Poor weather and heavy rains closed all three ports on Wednesday…

FMC: Updates to PierPass Will Go Into Effect

Nov 15, 2018

The Federal Maritime Commission voted to take no action to prevent amendments to the West Coast MTO Agreement (WCMTOA) related to 'PierPass' from becoming effective.Under the terms of the updated agreement (FMC Agreement No. 201143), WCMTOA…

TRAC Intermodal Acquires Core Fleet's Tire Services Division

Nov 15, 2018

TRAC Intermodal announced that it has completed its acquisition of assets relating to the tire services division of Core Fleet, Inc.  The acquisition will allow TRAC Intermodal, through its newly formed subsidiary, TRAC Tire Services LLC, to provide tire wholesale…

Yilport Opts for Liebherr Mobile Harbor Cranes

Nov 15, 2018

At the beginning of November, two Liebherr mobile harbor cranes type LHM 600 arrived at Yilport’s recently acquired terminal in Guatemala. An option on two more LHM 600 underlines the forthcoming strategic partnership between Liebherr and Yilport…

Port of Los Angeles Sets Monthly TEU Record

Nov 15, 2018

The Port of Los Angeles processed 952,554 Twenty-Foot Equivalent Units (TEUs) in October 2018, a 27.2 percent increase compared to October 2017. It was the most cargo handled in a single month in the Port’s 111-year history, eclipsing the November 2017 record of 924…

Norwegian Breakaway Debut Highlights Port NOLA’s Impact

Nov 15, 2018

The Port of New Orleans (Port NOLA) has welcomed the largest cruise ship in both length and passenger occupancy to ever sail from the Crescent City when the Norwegian Breakaway homeported at the Julia Street Cruise Terminal for its inaugural cruise Nov…

Floating LNG Storage in Asian Waters Soars as Demand Falters

Nov 15, 2018

As many as 20 LNG tankers floating in Asian waters; most off Singapore. The last time tankers used for storage was in 2014.Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders…

Global Container Trade Lost Momentum in Q3: Maersk

Nov 15, 2018

Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year…

Taiwan to Begin Shipbuilding at Suao Port

Nov 15, 2018

Lung Teh (LT) Shipbuilding Company formally received construction permits for the site at Suao Port, according to Taiwanese government sources.The company will start construction in December and should finish all new facilities on its Suao Port campus in March 2020…

Nokia, ABB and Kalmar Trial 5G Technology for Harbor Automation

Nov 15, 2018

Nokia, ABB and Kalmar, part of Cargotec,  have successfully conducted industrial trials that leverage the low latency capabilities of 5G to support time-critical applications and enhance protection and efficiency in a smart electricity grid and in harbor automation…

North Sea Port Opens Netherlands' Largest Solar Park

Nov 14, 2018

The Scaldia solar park officially opened in North Sea Port, the logistical heart of Europe. The firm ib vogt installed more than 140,000 solar panels, making this the largest solar park in the Netherlands.The official opening took place with the symbolic starting of the generator…

China Strengthens Maritime Cooperation with Lativa

Nov 14, 2018

The the third largest container port in the world Port of Shenzhen Lativa's Freeport of Riga have a common goal - to become internationally important and strong ports through cooperation.Recently, Port of Riga welcomed a delegation from the Port of Shenzhen…

CargoX Launches the World's First Smart Blockchain Platform

Nov 14, 2018

Slovenia-based supplier of blockchain solutions for logistics, CargoX has  launched the CargoX latform to become the first open, neutral, and accessible blockchain platform in the shipping industry.The company said that the platform can be used by businesses of any size…

East Africa Opens it First Inland Dry Port

Nov 14, 2018

Dubai-based global port operator DP World and the Rwandan government have opened East Africa’s first Inland Dry Port, 20 kilometers from the capital city Kigali and close to the international airport.DP World Kigali logistics hub is a secure…

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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