For more than two years, Isaac Larian has used every available tool to overcome global supply-chain bottlenecks and keep retailers stocked with enough Bratz and LOL Surprise! dolls to meet pandemic demand.Asked how he's preparing for this summer's West Coast port labor talks…
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday announced that up to $684.3 million is now available for Port Infrastructure Development Program (PIDP) grants, to be awarded on a competitive basis to projects that improve the safety…
Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port…
Supply chain management and logistics solutions firm DB Schenker plans to build a fully-electric, zero-emission, un-crewed coastal container feeder to serve the route between Ikornnes quay and the Port of Ålesund in Norway. DB Schenker, and its cooperation partners…
Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following a final cargo shipment this week, the Danish shipping group said on Wednesday.Maersk put its 30…
Abu Dhabi's AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for what they say are major port projects along Egypt’s coastline, including multi-purpose terminals, and cruise ship berths.The first agreement will see AD Ports Group develop…
Maintenance dredging operations have commenced at the Port of Weipa in Australia, North Queensland Bulk Ports Corporation (NQBP) announced.The trailing suction hopper dredge (TSHD) Brisbane began work in late April for a dredging program that is expected to last about eight weeks…
Cavotec reports it has won a shore power order valued at €15.7 million from a major global container shipping line. Deliveries are scheduled to start in the fourth quarter of 2022 and continue throughout 2023 and 2024.Cavotec is to supply its…
Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…
Ukraine has formally closed its four Black and Azov sea ports, which Russian forces have captured, the Ukrainian agriculture ministry said on Monday.The Azov Sea ports of Mariupol, Berdiansk, and Skadovsk and the Black Sea port of Kherson were closed 'until the restoration of control'…
The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighboring Port of Zeebrugge is set to boost overall volumes in coming years, the group's chief executive said on Thursday.Global shipping companies…
A cargo carrying over 71,000 tonnes of Ukrainian corn finished loading in the Romanian Black Sea port of Constanta on Thursday, the first since Russia invaded Ukraine on Feb. 24, the manager of port operator Comvex said.With Ukraine's sea ports blocked since the war started more than two months ago…
Ukraine has sent around 80,000 tones of grains to the Romanian Black Sea port of Constanta so far, with more expected to arrive, the port's manager said on Tuesday.Ukraine's sea ports have been blocked since a Russian invasion two months ago and the country…
The Port of Corpus Christi Authority has named Marcelo “Yudi” Takizawa as its Director of Trade Development. Takizawa has more than 20 years of commercial business and market development leadership experience in the energy and marine transportation space…
Adani Ports, the largest private ports and logistics company in India, said it has reached a deal to acquire a 100% stake in India’s largest third-party marine services provider Ocean Sparkle Ltd. (OSL).OSL, which provides towage, pilotage, and dredging services…
