Ports News - page 48

 

Wallenius Wilhelmsen's Brunswick Facility Welcomes NACUP

Sep 16, 2024

Wallenius Wilhelmsen’s expanded Brunswick, Ga., port facility is now home to Develon and Hyundai Construction’s North American Customization Plant (NACUP), following the move from Savannah, Ga.The move from Savannah to Brunswick allows the NACUP to increase in size by more than 50%…

GCMD-Led Partners Complete Ship-to-Ship Ammonia Transfers in Australia

Sep 16, 2024

A Global Centre for Maritime Decarbonisation (GCMD)-led consortium has conducted ship-to-ship transfers of ammonia at anchorages within the Port of Dampier in Australia’s Pilbara region.Two transfers took place between the Green Pioneer, owned by Mitsui O…

US Ports Applaud Exemption on Crane Tariffs

Sep 15, 2024

The American Association of Port Authorities (AAPA) has applauded the exemption granted in the United States Trade Representative's (USTR) decision to finalize a 25% tariff on ship-to-shore cranes.The final determination excludes cranes manufactured…

Shanghai Braces for Typhoon Bebinca

Sep 15, 2024

Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949…

Jefferson County Port Authority Buys Land for New Mississippi River Terminal

Sep 13, 2024

The Jefferson County Port Authority (JCPA) has finalized the purchase of approximately 18 acres along the Mississippi River in Herculaneum, Missouri, in a $20 million deal with Riverview Commerce Park, LLC (RCP). This acquisition marks the establishment…

Ireland and EIB to Jointly Assess Irish Offshore Wind Ports Development

Sep 13, 2024

The European Investment Bank (EIB) and the Irish Department of Transport have established an advisory cooperation to assess capacity, demand and financing strategies for the development of offshore renewable energy port infrastructure, which…

Chinese Dry Bulk Imports Defy Domestic Concerns

Sep 11, 2024

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its real estate crisis and producer price deflation.A combination of inventory build-up and commodity specific developments have contributed to strong import demand…

Ten Start-Ups Jump into Decarbonization Innovation

Sep 11, 2024

Dutch maritime start-up accelerator PortXL has presented its 2024 cohort and connected them to partners and mentors.The Matchmaking Monday event took place at the RDM, the Rotterdam space for innovative companies, technology education, high-quality test facilities and field labs…

Key Louisiana Energy Port Operations Halted as Hurricane Francine Approaches

Sep 11, 2024

The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory.The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers…

CK Hutchison Plans to Raise Up to $1.5 Billion in Dollar Bonds

Sep 10, 2024

Hong Kong conglomerate CK Hutchison is planning to raise up to $1.5 billion in a two-tranche dollar bond deal, according to two sources with direct knowledge of the matter.The company is looking at issuing a 5.5-year and 10-year dollar bond…

US Gulf Coast Energy Facilities Brace for Storm Francine

Sep 10, 2024

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…

Port of Los Angeles Greenlights $52 Million Rail Expansion

Sep 09, 2024

The Los Angeles Harbor Commission has approved a pivotal lease amendment that clears the way for a major $52 million infrastructure enhancement at the Port of Los Angeles’ Pier 300 terminal, managed by Fenix Marine Services. The ambitious project…

West Wharf Upgraded at Plymouth’s Millbay Docks

Sep 09, 2024

Associated British Ports (ABP) has announced the completion of a key phase in the redevelopment of Millbay Docks, part of the Port of Plymouth. The milestone marks the first major project funded by the UK Government's Plymouth and South Devon Freeport seed capital program…

Plaquemines LNG Export Plant Gets Key Regulatory Approval

Sep 09, 2024

Federal regulators on Friday gave Venture Global LNG permission to begin preparations for the start-up of liquefied natural gas equipment at its Plaquemines export plant in Louisiana, taking a step closer to first LNG production for the facility…

Oil Loadings at Russia's Western Ports on the Rise

Sep 06, 2024

Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday…

Logistics News

US Imposes Additional 25% Tariff on Indian Goods

US Imposes Additional 25% Tariff on Indian Goods

Russia to Increase Oil Exports After Drone Strikes Shut Refineries

Russia to Increase Oil Exports After Drone Strikes Shut Refineries

Port of Richmond Issues Request for Proposals for Historic General Warehouse

Port of Richmond Issues Request for Proposals for Historic General Warehouse

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

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Uber talks to banks and private equity firms about funding robotaxi expansion
Siemens Energy targets the upper end of its 2025 forecast on strong US Demand
Sources say that Russian oil exports are expected to increase after drone strikes have shut down refineries.