Ports News

 

JNPCT Achieves Record Performance

Mar 14, 2017

Jawaharlal Nehru Port Container Terminal (JNPCT) handled 14,29,936 TEUS of cargo till March 7 as compared to 14,29,277 TEUs, registering a growth of 7.6 per cent. 'JNPCT, one of the four terminals at JNPort which is directly managed by Port authority…

Lunar New Year Weighs on Port of LA Volumes

Mar 14, 2017

Cargo traffic through the Port of Los Angeles decreased in February compared to 2016. as the timing of the Lunar New Year resulted in a significant amount of cargo being shipped in January rather than February. Coming on the heels of record volumes in January…

Port Everglades, Royal Caribbean Sign MOU

Mar 14, 2017

Broward County's Port Everglades has negotiated a Memorandum of Understanding (MOU) that provides the framework for a new long-term business agreement with Royal Caribbean Cruises, Ltd. (RCL) that will include complete, customized renovations…

East Libyan Forces Have Retaken Oil Ports

Mar 14, 2017

East Libyan forces said they had regained control on Tuesday of the major oil ports of Ras Lanuf and Es Sider from a rival faction that seized them earlier this month.Military spokesman Ahmed al-Mismari told Reuters that the eastern-based…

New Intermodel from Antwerp Port to Rhine-Ruhr-Main

Mar 13, 2017

The rail operator H&S Container Line is introducing an additional round trip between Andernach in Germany and the two container terminals in the Deurganck dock in the port of Antwerp.  H&S already operates on this route, but is raising…

Libyan NOC Official Warns of Force Majeure at Oil Ports as Rivals Mobilize

Mar 13, 2017

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…

Port of Virginia Expansion Work is Underway at VIG

Mar 12, 2017

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…

African Development Bank to Fund Lamu Port

Mar 12, 2017

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 Boosts Investment in Gothenburg

Mar 10, 2017

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…

AAPA Sets 2nd Annual 'Ports Day' for April 4

Mar 10, 2017

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…

SC Ports Breaks Ground on Inland Port Dillon

Mar 10, 2017

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…

India's Sagarmala Program: 415 Projects, $120 Bln Investment

Mar 09, 2017

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 Freight Rates Soar from North Europe to Asia

Mar 09, 2017

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…

India Mulls Development of Ports

Mar 09, 2017

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…

Hong Kong: Impressive Destination, Unfinished Journey

Mar 09, 2017

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…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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