Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks, a government minister said on Friday.Almost 400…
Sempra Infrastructure has been issued a permit from the U.S. Department of Energy (DOE) for the Port Arthur LNG Phase 2 development project which will allow the export of up to approximately 13.5 million tonnes per annum (Mtpa) of U.S.-produced…
DP World, a global provider of smart end-to-end supply chain solutions, welcomed the inaugural calls of the CI6/SIS/CISC2 and SI8/AIS5 service at its Nhava Sheva terminal, strengthening the terminal’s connectivity with key Asian economies and…
India's Adani Ports and Special Economic Zone, the country's largest private port operator, has accepted bids worth 50 billion rupees ($584.8 million) for bonds maturing in 15 years, two merchant bankers said on Thursday.The company will pay an annual coupon of 7…
NOAA’s first Physical Oceanographic Real-time System, or PORTS®, at Pearl Harbor-Honolulu, Hawaii, is now operational. Installed by NOAA's National Ocean Service, data from the new publicly available observation system advances NOAA’s ability…
Adani Ports and Special Economic Zone, India's largest private port operator, plans a return to the domestic bond market after a 17-month hiatus in what could be its largest-ever rupee denominated debt issue, three merchant bankers said on Wednesday…
Ports of Indiana-Burns Harbor has broken ground on the first new warehouse constructed at the Lake Michigan port in 25 years.The groundbreaking kicked off a $10 million project to construct an 84,000 square-foot warehouse and 1.65-acre laydown yard adjacent to Burns Harbor’s Berth 2…
The company Seacap has launched as a new, specialized company designed to make it significantly easier for ports to carry out the investments required for a green and future-oriented infrastructure.It is the first capital partner globally to…
Police have dismantled a cocaine trafficking gang that shipped cocaine paste from Colombia to Belgium, the pan-European Europol police agency said on Tuesday.Europol said the operation resulted in 14 arrests, of which 11 were in Belgium, two in Germany and one in Italy…
Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday…
U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port…
BAE Systems has announced inauguration of a $250 million shiplift and land-level repair facility at its Jacksonville, Florida, shipyard on June 2, with a ribbon-cutting ceremony attended by Acting Chief of Naval Operations Admiral Jim Kilby…
Ports of Indiana welcomed a delegation led by the Port of Antwerp-Bruges today on a trade mission exploring economic opportunities and new container shipments between the U.S. Midwest and European markets.The day’s events included a tour of Ports of Indiana-Burns Harbor…
CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte's family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate.Hutchison co-managing director…
Everglades Company Terminal, Inc. (ECT) has signed a new 10-year Marine Terminal Lease and Operating Agreement with Broward County.The Broward County Board of County Commissioners recently approved the long-term agreement granting Everglades Terminal Company…
