Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…
Turkey's Yilport Holding announced it has taken over operations at Port of Šibenik in Croatia as part of parent company Yildrim Group’s acquisition of Petrokemija d.d., Croatia's largest fertilizer plant.The Port of Šibenik, which used to operate as the country's main fertilizer handling port…
Florida’s 16 seaports experienced a new record high of 112.5 million tons of cargo received during 2022, a 6% increase over 2021, a newly released report from the Florida Seaport Transportation and Economic Development Council (FSTED) shows…
Finland's Konecranes reports it has received an order to deliver two mobile harbor cranes to Guyana's Port of Georgetown.In Q3 2022, two port operating companies in Guyana – Muneshwers Ltd. and John Fernandes Ltd. – made a joint order for two…
A recently completed terminal expansion project at Canada's Port of Vancouver is set to boost capacity amid projected cargo volume growth at the Canadian West Coast seaport.The Construction on the Centerm Expansion Project—delivered by the the…
PortXchange Products B.V., the Netherlands-based digital solutions provider for predictable and sustainable shipping, announced the launch of PortXchange EmissionInsider, with the Port of Rotterdam acting as the launching customer.PortXchange…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
Tradepoint Atlantic, a 3,300-acre global multimodal logistics hub and industrial center, announced that the Port Tampa Bay’s Board of Commissioners approved a lease agreement with Tradepoint Tampa for 35 acres of land to build a new trans-load warehouse distribution facility…
Norwegian energy company Equinor announced it has entered into an agreement to sell its oil terminal in the Bahamas to Estonian logistics and investment business Liwathon. Financial terms of the deal were not disclosed.The South Riding Point oil terminal at the Grand Bahama Island…
Freeport LNG, the second largest U.S. liquefied natural gas exporter, said on Tuesday it had received regulatory approval to restart commercial operations at its Texas processing plant.The U.S. Federal Energy Regulatory Commission (FERC) approved the partial restart of two liquefaction trains…
The Port of Toronto announced it moved more than 2.3 million metric tonnes of cargo in 2022, its highest recorded cargo levels in 18 years, and welcomed a record 41 cruise ships and more than 12,000 visitors to its Cruise Ship Terminal.The…
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country.The group said the sale of its inland depot facility in Novorossiisk…
Port Houston reported a dip in container volumes in January, with TEUs down by 1% compared to last January, and 319,990 TEUs for the first month of 2023, down 3,437 TEUs from the same period in 2022.Loaded imports were down 6%, but total imports…
Dutch offshore wind foundation maker Sif this week said it would build the world's largest monopile foundation manufacturing plant in Rotterdam, the Netherlands, with an estimated investment of around €328 million.The plant will be built at the 62 hectare Maasvlakte 2 site in Rotterdam…
One of Europe’s largest ferry route and port operators, Stena Line, said it has signed a new deal with U.K. port operator Peel Ports to operate its 12 Quays port and ferry terminal in Birkenhead until the beginning of the 22nd Century. The Swedish…