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Ports News

 

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…

Abu Dhabi Ports Acquires Damen Tug Boats for Khalifa Port

Oct 28, 2018

Abu Dhabi Marine Services “Safeen”, the marine services subsidiary of Abu Dhabi Ports, announces the purchase of two new state-of-the-art tugboats from Damen Shipyards Group aimed at supporting the AED 10 billion] expansion of Khalifa Port, Abu Dhabi Ports’ flagship deep-water port…

Costa Rica Grants Green Light to Moín Terminal

Oct 28, 2018

APM Terminals’ Moín Container Terminal (MCT) in Costa Rica has been granted permission by the National Council of Concessions (CNC) to start commercial operations at its first deep-sea berth. This is a key step for the terminal, which is on schedule to be fully operational in February 2019…

Mombasa Port Receives Largest Container Vessel

Oct 28, 2018

Port of Mombasa of Kenya Ports Authority (KPA) pilots has received Mediterranean Shipping Company (MSC) container vessel MSC Maxine  master one of largest container vessel to dock at the facility.The port has registered a new performance record…

Major Shipping Lines Join to Expands Mediterranean-U.S. East Coast

Oct 28, 2018

Hapag-Lloyd, Ocean Network Express, and Yang Ming announced the strategic cooperation with CMA-CGM, COSCO, OOCL to enhance their Mediterranean-U.S. East Coast service AL6 (Atlantic 6) to deliver a more efficient and comprehensive service quality…

Kiel Reports Successful Cruise Shipping Season

Oct 26, 2018

Kiel closes its latest cruise shipping season on Sunday, October 28th with the visit of the AIDAbella.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…

‘Pink Lady’ in the Port of Hamburg

Oct 26, 2018

ONE container shipping group’s first containership in novel magenta livery calls in HamburgWith her striking magenta color design, she’s a real eye-catcher in the Port of Hamburg. With a length of 320 meters and slot capacity of 8,102 TEU (20…

Singapore Petroleum Builds New Oil Storage, Distribution Center

Oct 26, 2018

Singapore Petroleum Company, a subsidiary of PetroChina International, said in a statement on Friday it completed a new oil products storage and distribution terminal on Jurong Island, an artificial island off Singapore's southwest coast.The…

Logistics News

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

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Ivory Coast cocoa producers struggle to use the new traceability system
ENOC executive: Costs of oil vessel transit through Hormuz increased after the Iran war
Treasury website shows that the US has issued new sanctions against Iran.