A senior official at Libya's National Oil Corporation (NOC) warned on Monday of a possible declaration of force majeure at the Es Sider and Ras Lanuf oil terminals, as air strikes continued and rival forces mobilized fighters in the area.NOC board member Jadalla Alaokali said force majeure…
The Port of Virginia moved 220,376 twenty-foot equivalent units (TEUs) in February, 351 TEUs lower than February 2016, but placing its fiscal-year-to-date growth at 6.9 percent. The continued growth comes as the port has started the engineering…
Efforts by the government to attract investors to help build 29 berths at the proposed Lamu port has received a boost from African Development Bank, said a report in The Star, Kenya. The port has received a $1.9 million grant to cater for…
APM Terminals Gothenburg has signed an addendum to the original concession agreement with the Port of Gothenburg to invest an additional SEK 250 million (€25 million) through 2024 in Sweden’s largest port. The new investment will focus upon increasing operational productivity for vessels…
The American Association of Port Authorities’ (AAPA) entire membership in North, South and Central America and the Caribbean will celebrate Western Hemisphere Ports Day on Tuesday, April 4. On this annual celebration, the association will…
Officials have broken ground on the site of Inland Port Dillon, a South Carolina Ports Authority facility slated to open in early 2018 to support growing intermodal cargo volumes between the Port of Charleston and markets throughout the Carolinas…
Under India's prestigious Sagarmala Programme, 415 projects, at an estimated investment of approximately INR 8 Lac Crore (USD 120 Bln) , have been identified across port modernization & new port development, port connectivity enhancement…
Spot container freight rates from North Europe to China increased by 45 percent this week, reaching a four-year high. The “World Container Index assessed by Drewry” market reading on the route from Rotterdam to Shanghai jumped to $1,076 per 40ft dry container today…
Indian Ports handle about 90% by volume & 70% of value of the country’s EXIM (Export–Import ) cargo. In order to meet the growing trade requirements of the country, the capacity of the Ports & the cargo handled by the Ports have increased over the years…
A truly global hub and still arguably the center of Asian trade and logistics, Hong Kong nevertheless faces many challenges.… the Port of Hong Kong saw in 2016 its lowest TEU throughput for more than a decade. Not even a late surge in throughput…
In February 2017, the Panama Canal set a new daily tonnage record of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded and original locks, the Panama Canal Authority reported. The previous…
The maritime sector is undergoing significant transformation. To enhance Singapore’s hub port competitiveness, the Maritime and Port Authority of Singapore (MPA) is leveraging technology to help maritime companies innovate and move into new growth areas…
Crowley Maritime Corp. and Eagle LNG Partners have started to build a new shore-side liquefied natural gas (LNG) facility on Crowley-leased property at JAXPORT’s Talleyrand Marine Terminal in Jacksonville, Fla. The new LNG bunkering facility…
South Korea's new container carrier, SM Line, which is built mainly on the remains of collapsed Hanjin Shipping, plans to kick off operations with as many as nine routes this year. According to Yonhap, it will begin its services to Thailand…
46th Safety Week Celebration was inaugurated in V.O. Chidambaranar Port. The Safety Week Celebration for the year 2017 commenced with the flagging off of safety procession by U. Rajendran, Traffic Manager, V.O.Chidambaranar Port Trust. A huge gathering of Officers & Employees of the Port…
