Ports News

 

Boskalis, KOTUG Joint Venture Formalized

Dec 23, 2015

KOTUG and Boskalis reach agreement to merge European harbor towage operationsRoyal Boskalis Westminster N.V. and KOTUG International B.V. have reached a formal agreement to merge their European harbor towage operations following on a Memorandum…

US West Coast Not Ready for Mega Boxships

Dec 23, 2015

CMA CGM is testing the ability of the U.S. West Coast ports to handle the biggest containerships – are they ready? U.S. West Coast ports are not yet in a position to handle 18,000 teu containerships regularly and have much work to do in…

APM Terminals Gothenburg Welcomes World’s Largest Container Ship

Dec 23, 2015

The MSC Maya, the fourth of 20 Oscar-Class Ultra-Large Container Ships (ULCS), arrived at APM Terminals Gothenburg on December 21 from the Port of Bremerhaven as part of the regular port rotation of the Maersk Line/Mediterranean Shipping Company…

LNG Bharat to Roll Out FLNG Terminal

Dec 23, 2015

LNG Bharat Private Ltd is setting up a floating LNG Floating Storage Unit (FSU) with a capacity of 5 million tonnes per annum at Krishnapatnam port in Nellore district the Hindu Businessline reports quoting J. Murthy, the Managing Director…

Coast Guard, Industry Navigate Future of Liquefied Gas

Dec 22, 2015

Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community…

Charity Supports Seafarer Who Had Narrow Escape

Dec 22, 2015

A seafarer who had a narrow escape and fell overboard has been supported by seafarers’ charity Apostleship of the Sea (AoS). The Filipino man was working on a vessel at Felixstowe port and had an accident which resulted in him falling off the ship into the water…

Sovcomflot Group, Sberbank CIB Sign Credit Facility Agreement

Dec 22, 2015

Sovcomflot Group and Sberbank CIB  have signed a 14-year $340 million credit facility agreement to finance the construction of three Arctic shuttle tankers for the Novy Port project  (project operator: Gazprom eft).  Novy Port is one of…

Cosco - Only Bidder for Piraeus Port

Dec 21, 2015

China’s Cosco Pacific is understood to be the only party interested in the acquisition of the 51 percent stake (plus another 15 percent) of Piraeus Port Authority (OLP), reports Kathimerini. Alexis Tsipras's government had halted the sale…

Panama Canal Expansion 96% Complete

Dec 21, 2015

The Panama Canal Authority (ACP) announced that the first-ever expansion is 96 percent complete. A video of recent progress can be seen here. In line with this, ACP CEO/Administrator Jorge L. Quijano provided a next-step update at an industry event Friday in Panama City…

DP World London Gateway Hires Head of Commercial Port

Dec 21, 2015

James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement…

Delay 'Likely' in Opening of Expanded Panama Canal

Dec 21, 2015

The opening of a newly expanded Panama Canal, previously scheduled for April, will be postponed due to cracks detected in the new set of locks that are the centerpiece of the $5.25 billion overhaul, EFE quotes Panama Canal Authority (ACP) head Jorge Quijano as saying…

Panama Sues Italy for Vessel Arrest, Detention

Dec 19, 2015

Panama today filed an application with the International Tribunal for the Law of the Sea in a dispute with Italy regarding the arrest and detention of the MV Norstar, a Panamanian-flagged vessel. According to the application, from 1994…

Double Record set by Antwerp Port

Dec 18, 2015

The port of Antwerp is on course to handle more than 200 million tonnes of freight this year for the first time ever. And in container transhipment too a new record has been set, with more than 9 million TEU (twenty-foot equivalent units…

Mozambique Grain Terminal Fire Death Toll Crosses 15

Dec 18, 2015

On 13 December 2015, there was a fire and explosion at the STEMA grain terminal in Matola, part of the Maputo port complex in Mozambique.   Police authorities in Mozambique have said the death toll from the fire has risen to 15. As a result of the fire…

MSC Plans $200mln 'Island Marine Reserve' in Bahamas

Dec 18, 2015

MSC Cruises, the Geneva-based global cruise line, has unveiled ambitious plans to create an unprecedented exclusive marine reserve island experience in the Bahamas. As one of the most ecologically conscious cruise lines in the world, the…

Logistics News

Panama Canal Begins Industry Engagement for the Development of Port Terminals

Panama Canal Begins Industry Engagement for the Development of Port Terminals

River Cruiser MS Lumière Completes First Autonomous "Dock2Dock" Voyage

River Cruiser MS Lumière Completes First Autonomous "Dock2Dock" Voyage

DP World Launches New Science Laboratory to Strengthen Education in Somaliland

DP World Launches New Science Laboratory to Strengthen Education in Somaliland

US Importers Place Spring Orders Early Amidst Tariffs Anxiety

US Importers Place Spring Orders Early Amidst Tariffs Anxiety

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