Hong Kong-based conglomerate CK Hutchison, which is facing pressure from Beijing authorities over a port deal with a BlackRock-led consortium, will not hold earnings conferences this week, two sources with knowledge of the matter said.CK Asset…
This week, March 18-20, the American Association of Port Authorities (AAPA) hosts its annual Legislative Summit: Revitalizing America's Ports in Washington, D.C. Sixty ports from across the country will be represented at the summit.This port…
China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.The repost…
Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent U.S. sanctions on Moscow, multiple trade sources said…
The CMA CGM Iron became the first dual-fuel methanol container vessel sailing to Abu Dhabi.The CMA CGM ship built by Hyundai Samho Heavy Industries of Korea is a dual-fuel vessel able to run both on conventional and alternative fuels such as bio-methanol and e-methanol…
IGY Destination, St Katharine Docks Marina will be welcoming another replica ship to the Docks this May.The 93-ft museum ship “Nao Santa Maria” will be arriving weather permitting on May 28th and opening to the public May 29th-June 8th. The…
The International Association for Port Development (IAPORTS) announced yesterday the launch of the IAPORTS Investment Round 2025, an event designed to bring together key stakeholders in the global port and infrastructure sectors. The event will take place on April 24…
The first eight foundations for the Nordeseecluster, a 1.6GW offshore wind project being built in the German North Sea, have arrived and been offloaded in the Dutch base port Eemshaven.The foundations are around 85 meters long on average and weigh approximately 1…
Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a year in April, trade sources said on Thursday, partly due to maintenance programmes at Chinese refineries owned by Sinopec…
FRS Clipper is moving to a new terminal location in Victoria this month located at 470 Belleville St on the lowest level of the historic Steamship Building in Victoria’s Inner Harbour. The first day of service from this new location will be Friday…
U.S. container import volumes increased 4.7% year-on-year in February, but could cool in coming months as the U.S. trade war with China and other key trading partners takes hold, supply chain technology provider Descartes said on Monday.U.S…
Mitsui O.S.K. Lines (MOL) has acquired 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief (LBC), one of the world’s largest independent tank terminal operators primarily handling and storing chemicals in Europe and the United States…
The United States is preparing to impose docking fees at its ports on any ship belonging to a fleet that includes Chinese-built or Chinese-flagged vessels, according to a draft executive order, a move aimed to both revitalize U.S. shipbuilding…
The U.S. Army Corps of Engineers (USACE) has issued a permit for the rebuilding of the Francis Scott Key Bridge, granting Maryland Transportation Authority permission to construct the bridge, following the collapse of the original structure that claimed the lives of six Baltimoreans…
CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U…
