On Thursday, January 20, 2016, the Port of Palm Beach Board of Commissioners elected its new Chairman, Mr. Wayne M. Richards. Richards, a member of the board for 16 years, is known for keeping a strong focus on fiscal responsibility and bringing new…
Dubai-based port operator DP World and the Russian Direct Investment Fund have launched a joint venture to develop ports, transportation and logistics infrastructure in Russia. Signed on the sidelines of the World Economic Forum in Davos…
Indonesia's first mini liquefied natural gas (LNG) terminal, considered an ideal concept for a gas terminal an archipelago, is set to start operations in March, supplying 40 million standard cubic feet per day (mmscfd) of gas to Bali’s Pesanggaran power plant…
The Captain of the Port (COTP), Delaware Bay, has set a modified Port Condition WHISKEY due to the anticipated arrival of a severe winter storm that will impact the Pennsylvania, New Jersey, and Delaware area in the next 72 hours.A thorough…
Due to operational constraints, CMA CGM informs its customers that the rail service from Dakar (Senegal) to Bamako (Mali) is suspended until further notice. In order to ensure service continuity, CMA CGM reminds that road service remains available from Dakar to Bamako in 13 days…
The state privatization fund Hellenic Republic Asset Development Fund (HRADF) of Greece has accepted a “significantly improved” offer from China’s Cosco Group for the state’s majority stake in the Piraeus Port Authority (OLP). “HRADF’s…
Port of Ystad saw record breaking traffic numbers in 2015, retaining the port’s position as Sweden’s third largest ferry passenger port. The largest increase was in bus traffic, which increased by 30,7 % compared to 2014. “The numbers from…
India has come “under pressure” from Iran to complete the Chabahar Port project, with the lifting of Iranian trade sanctions, reports Hindu Business Line. Acting strategically to China’s repeated attempts to wean away India from Chabahar Port upgradation…
Amid political rivalry between the Islamic Republic of Iran and Saudi Arabia, United Arab Shipping Company (UASC) is resuming business with Iran following the lifting of Western sanctions, reports Reuters. Saudi Arabia is one of the shipping line's main shareholders…
Ports America, the largest stevedore and terminal operating company in the United States, is refocusing its business strategies on the West Coast through additional investments and expansion of services into new terminals. Areas of concentration include Los Angeles…
Cosco Pacific is expected to submit an improved bid for the controlling stake in Piraeus Port Authority (OLP) on Wednesday that is set to be discussed at the board meeting of the Hellenic Republic Asset Development Fund (TAIPED), reports Kathimerini…
CMA CGM announces its customers that in a continuous effort to improve its services, NEFGUI and NORTH BRAZIL FEEDER will now be calling at Vila Do Conde in replacement of Belem. NEFGUI rotation will be as follows:Algeciras - Tilbury…
King Abdullah Port (KAP), the first privately developed and managed port in the Saudi Kingdom and the region, has announced the port’s success in handling 1,307,017 TEUs, says a repot in the Saudi Gazette. Engineer Abdullah bin Muhammad Hameedaddin…
This past summer, multiple outbound vessels from a non-U.S. port suddenly lost GPS signal reception. The net effect was various alarms and a loss of GPS input to the ship's surface search radar, gyro units and Electronic Chart Display & Information System (ECDIS)…
Inchcape Shipping Services (ISS) is advising of a 48 hour strike of the Seamen’s Union in Greece on January 20, which is expected to affect the routes of domestic and local ferries, and commercial vessels calling at Piraeus, Aspropyrgos, Eleusis…
