Ports News - page 245

 

Intermarine UK Selected for Portland Port Expansion

Jul 22, 2019

Intermarine UK has been selected to take part in a major infrastructure project designed to increase capacity at Portland Port in Dorset.The firm operates a 2,400 sq. m. fabrication and welding facility at the port on England’s south coast, which it opened in 2018 following a $936…

Second Tanker in Gulf Turns Sharply Towards Iran

Jul 19, 2019

A second oil tanker, the British-operated, Liberian-flagged Mesdar, turned sharply north towards Iran's coast on Friday afternoon after passing westward through the Strait of Hormuz into the Gulf, according to Refinitiv tracking data.The turn took place at about 1600 GMT…

Iran: British-flagged Tanker Seized in Gulf

Jul 19, 2019

Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, further raising tensions along a vital international oil shipping route.Britain…

Stakeholders Ignore U.S. Middle East Coalition Proposals

Jul 19, 2019

The United States is struggling to win its allies' support for an initiative to heighten surveillance of vital Middle East oil shipping lanes because of fears it will increase tension with Iran, six sources familiar with the matter said.Washington…

Riga Port Aims Growth with LNG Move

Jul 19, 2019

The Baltic Sea port, Port of Riga is now offering regular port services for liquefied natural gas (LNG)-powered container vessels to reduce the environmental impact of its operations and boost its container throughput.'By officially welcoming the new container ship Containerships Polar…

Iran's Amirabad Port Gets Investments

Jul 19, 2019

Iran's Amirabad port is attracting huge investments - 239 companies already committed investments, 13 of which are being under construction with 6700 billion Rials ($160mln ) worth of investment.“A new transit corridor will be formed on the axis of Amirabad - Dogharoon - Chabahar”…

Tema Port MPS Terminal 3 to Begin Phase 3

Jul 18, 2019

Mohamed Samara, CEO of MPS Terminal 3 at Tema Port, Ghana, announced that shareholders had approved the immediate construction of Phase 2 with completion expected by end of 2020, two years earlier than initially planned.With a depth of 18 meters…

ONE Launches India-Europe Direct Service

Jul 18, 2019

Ocean Network Express (ONE)  announced the launch of a new direct service, the Indian Ocean Service 3 (IO3), which covers South East India, Mediterranean, and North Europe.The new product will offer new port coverage and boost reliability to…

Iran Grain Ships Stranded in Brazil due to U.S. Sanctions

Jul 18, 2019

Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.The vessels Bavand and Termeh came to Brazil a couple months ago carrying urea…

Singapore Fuel Stocks at Eight-month Low Ahead of IMO 2020 Deadline

Jul 18, 2019

Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner…

Revolutionary Guards Seize Oil Tanker in Gulf

Jul 18, 2019

Iran has seized a foreign tanker smuggling fuel in the Gulf, state television quoted Iran's Revolutionary Guards as saying on Thursday.'A foreign vessel smuggling one million litres of fuel in the Larak Island of the Persian Gulf has been seized…

US to Work "aggressively" for Free Gulf Passage

Jul 18, 2019

U.S. Central Command chief General Kenneth McKenzie said on Thursday it was talking to other countries about freedom of navigation in the Gulf and would work 'aggressively' to find a solution to enable free passage.The United States has beefed…

Two Container Giants Visits Austalian Port

Jul 18, 2019

Two of the largest-capacity container ships to ever visit Australia are making calls to the Fremantle Inner Harbour this month.The first one, Maersk Skarstind, has already arrived in Fremantle. Maersk Skarstind berthed around 9.30pm on July 15th assisted by a pilot and three Svitzer tugs…

SC Ports Reports Record Cargo Volumes

Jul 17, 2019

The South Carolina Ports Authority (SCPA) reported another successful year, handling record cargo volumes, rail moves and inland port activity in fiscal year 2019.SPCA, which owns and operates public seaport facilities in Charleston and Georgetown…

Pilbara Ports Annual Throughput Down

Jul 17, 2019

Australia's Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes (Mt) for the 2018/19 financial year. This result is a less than 1% change (decrease of 2.06 million tonnes) from last year’s record annual throughput…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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