Ports News

 

CN Buys TransX

Oct 30, 2018

Canadian National Railway (CN) has signed a deal to acquire the Winnipeg-based TransX Group of Companies as part of its strategy to expands its North American intermodal supply chain services.TransX, one of Canada’s largest and oldest transportation companies…

Bulk Sector Prospects Perking Up

Oct 30, 2018

The bulk sector is navigating its way out of the doldrums but market correction has come at a price, delegates attending Bulk Terminals 2018 learned last week.Speaking in Hamburg at the annual conference of the Association of Bulk Terminal Operators…

JAXPORT Sets Container Volume Record

Oct 30, 2018

JAXPORT’s public seaport terminals achieved record growth in container volumes, recording double-digit growth during the fiscal year ending Sept. 30, 2018. JAXPORT moved nearly 1.3 million twenty-foot equivalent units (or TEUs, the industry standard for measuring containers)…

Matson Launches New U.S. Flag Marshall Islands Service

Oct 30, 2018

Matson has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ('RMI'), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days. The new service will call at three ports in the RMI - Kwajalein…

Cheniere to Commission 1st Corpus Christi LNG Cargo

Oct 30, 2018

Cheniere Energy will commission the first liquefied natural gas (LNG) cargo from its new Corpus Christi export terminal on Nov. 15, the Texas port's chief executive said on Tuesday.The commissioning of the cargo, months ahead of schedule, will…

Philippines Short-lists Three Groups for LNG Terminal Project

Oct 30, 2018

The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its energy minister said on Tuesday.Short-listed companies were chosen from 18 groups that submitted proposals for the project…

EU Should Brace for U.S. Standoff over China, ex-WTO Chief warns

Oct 30, 2018

The European Union should prepare for its companies to be targeted by American sanctions in a worsening trade dispute between the United States and China, former World Trade Organisation (WTO) director general Pascal Lamy said on Tuesday.As they weigh up a response to renewed U…

New Sea Lock at IJmuiden

Oct 30, 2018

To accommodate increasingly larger ships, a new sea lock is being built at IJmuiden, a port city in the Dutch province of North Holland.The construction started in 2016. It will be the largest sea lock in the world. The sea lock ensures that…

Eagle Marine Services Announces Rebrand to Fenix

Oct 29, 2018

Eagle Marine Services (EMS), an EQT Infrastructure III-owned container terminal which is one of the largest in the Twin Ports of Los Angeles and Long Beach, today announced the launch of a new corporate brand identity and name.Effective immediately…

COSCO Shipping Ports Revenue Surged by 62.6%

Oct 29, 2018

COSCO Shipping Ports said that its revenue  for the three months ended 30 September 2018  surged by 62.6% to US$253.0 million. The net profit for the same period rose by 11.8% to US$75.1 million.The  ports operator in a press release also said…

SC Ports State of the Port Emphasizes Infrastructure to Support Growth

Oct 29, 2018

Jim Newsome, president and CEO, highlights cooperation and collaboration.South Carolina Ports Authority (SCPA) president and CEO, Jim Newsome, presented the annual State of the Port to an audience of approximately 600 customers, elected officials…

Corpus Christi Port to Build Oil Export Terminal

Oct 29, 2018

Port to build oil export terminalPrivate equity firm Carlyle Group will partner with the Port of Corpus Christi, the top oil export hub in the United States, to develop a major crude oil export terminal on Harbor Island.Carlyle's announcement comes as infrastructure in the U…

Nakilat Profit Jumps by 8.5%

Oct 29, 2018

Qatar Gas Transport Company (Nakilat)  has reported about 8.5% year-on-year increase in net profit to QR659mn (USD 181 million) during January-September this year.'Nakilat’s stronger performance is a result of the company’s successful expansion…

Kiel Port Ends Most Successful Cruise Shipping Season

Oct 29, 2018

On Sunday October 28th with the visit of the “AIDAbella” Port of Kiel closed its latest cruise shipping season.This year the port has been visited 166 times by 33 different cruise ships with a combined gross tonnage of more than 11 million. For the first time close to 600…

Konecranes Wins New Order for RTG System from Indonesia

Oct 28, 2018

The smart terminal solutions provider Konecranes has received another order for the delivery of an Automated RTG (ARTG) System to PT Prima Terminal Petikemas, a subsidiary of state-owned port operator PT Pelabuhan Indonesia I (Persero).The ARTG…

Logistics News

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

Maersk Reopens Cargo Acceptance to Port of Haifa

Maersk Reopens Cargo Acceptance to Port of Haifa

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Virgin Australia's private equity boss believes that it can weather the Middle East volatility.
Canada passes law to expedite resource projects but faces opposition from Indigenous peoples
China signs first Argentine soybean deal despite US trade war threats