Waterborne tonnage moving in and out of Houston in the first quarter of 2026 reached 65 million short tons, up 12% compared to last year, according to the most recent data. Growth was driven primarily by exports, which at nearly 54 million short…
Several magnetic mines had been detected on a tanker in Russia's Baltic Sea port of Ust-Luga, Russia's Investigative Committee said on Monday.The committee said the mines, manufactured in a NATO country, were found by divers during an inspection of the hull of the tanker Arrhenius…
CMA CGM delivered a resilient first quarter, but the numbers underscore the increasingly complex environment facing the global container shipping and logistics giant.The Marseille-based group reported first-quarter revenue of $13.23 billion…
Syria's General Authority for Borders and Customs has signed an agreement with French shipping and logistics group CMA CGM to operate two dry ports within the free zones of Adra, in Damascus' outskirts, and Aleppo, Syrian state news agency SANA reported on Tuesday…
Recently retired Port of Aberdeen Chief Financial Officer Jon Oakey was honored with the Lifetime Achievement Award at the second Finance & Accountancy Business (FAB) Awards. Held at Union Kirk, Aberdeen on May 21, 2026, the FAB Awards celebrate…
'So far this year, ship transits via the Panama Canal have increased 8% y/y to a daily average of 38, driven by the tanker sector. Transits have been especially high during the past five weeks, rising 16% y/y, as US energy exports to the Pacific jumped…
The American Association of Port Authorities (AAPA) commends the the House Committee on Appropriations for its release of the Fiscal Year 2027 (FY27) Transportation, Housing, and Urban Development (THUD) bill. The legislation contains a record…
The Asian Infrastructure Investment Bank (AIIB) will lend $300 million to International Container Terminal Services Inc. (ICTSI) to support the expansion and upgrade of three container terminals across the Philippines. The senior unsecured corporate loan…
The National Association of Waterfront Employers (NAWE) released new survey findings based on input from 25 senior port and terminal executives, revealing that U.S. ports require billions in near-term capital investment to maintain efficiency and global competitiveness…
Fujairah Terminals, part of AD Ports Group, a global enabler of trade, industry, and logistics solutions, announced the signing of three strategic land lease agreements with Fujairah International Airport, Fujairah Free Zone Authority and Al Dahra Agriculture Trading…
Diamond Gas Jade, a 174,000-cu.-m. Liquefied Natural Gas (LNG) carrier invested by a joint venture under U-Ming Marine Transport Corp., held its grand naming ceremony on May 19 at the Samsung Heavy Industries Geoje Shipyard. Built by Samsung Heavy Industries…
State and local officials have celebrated the groundbreaking of Consolidated Grain and Barge Co.’s (CGB) $47 million expansion at Ports of Indiana-Mount Vernon, the largest investment at Indiana’s largest port in more than 20 years.The project…
AD Ports Group, a global enabler of trade, industry, and logistics solutions, announced the commencement of cruise services at its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, in addition to facilitating ferry services…
Aqua superPower and Tidal Transit have formed a strategic partnership to support the deployment of electric crew transfer vessels (E-CTVs) for ports and harbors serving offshore infrastructure, including offshore wind projects.Under the agreement…
Port Nelson in New Zealand has deployed a private 5G network in partnership with Spark New Zealand and Ericsson Enterprise Wireless Solutions, marking a major step forward in connectivity, safety, and productivity across its warehousing operations…
