Ports News - page 11

 

Port Everglades Boosts Throughput

Feb 05, 2025

Cargo tonnage and container throughput are up at Florida’s Port Everglades with a double-digit growth during the first quarter of fiscal year 2025 (Oct. 1 to Dec. 31, 2024).The port's total container throughput in TEUs is up by 12% to 285,335 TEUs compared to 255…

DP World Southampton Welcomes First Gemini Cooperation Ship

Feb 05, 2025

DP World Southampton has welcomed the arrival of MV Leonidio, the first ship to dock to the port under the Gemini Cooperation agreement, set up by Hapag-Lloyd and Maersk. The MV Leonidio docked at the Southampton logistics hub on February 3…

East Coast’s Busiest Seaport Charts Growth Following Turbulent 2024

Feb 04, 2025

Giving the annual State of the Port address, Bethann Rooney, the port director of the Port Authority of New York and New Jersey, recalled 2024 saying: “Just as you think there’s nothing else that can go wrong and you’ve experienced it all, we…

50-Year Deal Signed for Grain Hub at Khalifa Port

Feb 04, 2025

AD Ports Grouphas signed a 50-year land lease agreement with Al Ain Mills, an Al Hazaa Investment Group member. This strategic partnership will see the development of a state-of-the-art grain storage and processing facility at Khalifa Port at South Quay…

Oil Falls After Tariffs Pause

Feb 03, 2025

Oil prices retreated on Tuesday after U.S. President Donald Trump agreed to hold off imposing steep tariffs on Mexico and Canada, the two biggest foreign oil suppliers to the United States, for a month.Brent futures LCOc1 fell 41 cents, or 0…

Cyclones Delay Rio Tinto Exports from Australia

Feb 03, 2025

Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure damaged by a previous cyclone last month.'Safety is our priority…

Philippines Receives First Near-Zero Emission RTGs

Feb 03, 2025

ICTSI’s Manila International Container Terminal (MICT) has taken delivery of eight hybrid rubber-tired gantries (RTGs) featuring near-zero emission technology.Manufactured by Japan's Mitsui Engineering & Shipbuilding, the RTGs are powered by…

Trump Tariffs Aim to Close Loophole, Staunch Fentanyl Flow

Feb 03, 2025

In an effort to curb the flow of fentanyl and its precursor chemicals into the United States, President Donald Trump has issued new tariff orders against Canada, Mexico, and China, suspending a key duty-free exemption for low-value shipments…

MMC Port Malaysian IPO Could Exceed $1.3B

Feb 03, 2025

MMC Port Holdings has hired CIMB and Maybank to work on an initial public offering (IPO) in Malaysia that could raise more than $1.34B, two sources with knowledge of the matter said.RHB and UBS have also been asked to help prepare the IPO, two further sources said…

Sanmar Secures Landmark Tug Contract with New Bulgarian Client

Feb 03, 2025

SANMAR signed a contract with PORT FLOT – BURGAS, one of Bulgaria’s leading towage companies, to build a multi-purpose tug to join its fleet, providing services in the Bay of Burgas.The new tugboat will be one of the Turkish tug-builder and…

VICT Orders Hybrid Container Carriers

Feb 02, 2025

Victoria International Container Terminal (VICT), ICTSI's operation at the Port of Melbourne, has purchased four new hybrid automatic container carriers (ACCs) from Kalmar.The new carriers, scheduled for delivery in 2025, will each feature a…

Trump's Tariff Directives Suspend Low-Value Shipments Loophole

Feb 02, 2025

President Donald Trump's new tariff orders against Canada, Mexico and China all contain clauses suspending a duty-free exemption for low-value shipments below $800 that is widely seen as a loophole that has allowed shipments of fentanyl and its precursor chemicals into the United States…

Rubio Pressures Panama over Chinese Businesses Near Canal

Feb 02, 2025

U.S. Secretary of State Marco Rubio on Sunday warned Panama's President Jose Raul Mulino that Washington will 'take measures necessary' if Panama does not immediately take steps to end what President Donald Trump sees as China's influence and control over the Panama Canal…

U.S. Shipping Invests $150 Million in Great Lakes Region

Jan 31, 2025

With winter in full swing, the U.S.-flagged fleet of Lakers have tied up in ports across the Great Lakes region to perform critical maintenance before the navigational locks in Sault Ste Marie, Michigan reopen on March 25th.Hundreds of skilled…

US: China's Panama Canal presence "a security concern"

Jan 31, 2025

China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday, ahead of U.S. top diplomat Marco Rubio's visit to the country…

Logistics News

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

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