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Wednesday, April 17, 2024

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Ports

Port Of Gothenburg: Freight Flows Rise Despite Global Disruptions

Freight volumes continued to rise at the Port of Gothenburg during the first six months of the year, reaching their highest during the second...

Port of Long Beach: New 3.3 Million TEU Capacity Container Terminal Completed

The Port of Long Beach ushered in the next era of environmentally sustainable operations with the completion of the Long Beach Container Terminal at...

Port of New Orleans Inks MOU to Explore LNG Bunkering

Port of New Orleans (Port NOLA) and CLEANCOR Energy Solutions LLC (CLEANCOR), a subsidiary of SEACOR Holdings Inc. (SEACOR), signed a memorandum of understanding...

Port of Los Angeles: Consumer Demand Fuels Strong July

The Port of Los Angeles processed 890,800 Twenty-Foot Equivalent Units (TEUs) in July, a 4% increase compared to last year. Last summer is when...

Chinese ports choke over ‘zero tolerance’ COVID-19 policy

Several Chinese ports are facing congestion as vessels due to call at Ningbo are bing diverted and cargo processing is slowed partly due to...

Port Hedland Iron Ore Exports Up in July

Pilbara Ports Authority has delivered a total monthly throughput of 59.0 million tonnes (Mt) for July 2021. This throughput was a two per cent decrease...

Bidders Line Up for Israel’s Haifa Port with Final Sale in Sight

Four investment groups are looking to acquire the Israeli port of Haifa estimated to be valued as high as $600 million with formal bids...

Cargo Surge Continues at Port of Long Beach

Resilient consumer demand continues to drive high volumes of cargo through the Port of Long Beach, which handled a record number of containers for...

Hamburg links sea, overland in China trade

China-Europe rail freight service is expected to continue to grow at a rapid pace in the foreseeable future, and the Port of Hamburg foresees...

Port of Rotterdam: Throughput rebound in 1H21

In the first six months of 2021, throughput in the port of Rotterdam was 231.6 million tonnes, a rise of 5.8% compared with the...

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Ports

IMF Sees Slow and Steady Growth of Global Economy

The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing...

Euronav And Anglo-Eastern Join Forces

Euronav NV and Anglo-Eastern Univan Group announced a Heads of Agreement for the sale and purchase of Euronav Ship Management Hellas (“ESMH”), Euronav’s ship...

TOP Ships Inc. Announces Transfer of Listing to the NYSE American LLC

TOP Ships Inc. an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced that it will transfer the listing of its...

C3IS INC. Announces Reverse Stock Split

C3IS INC. announced that its board of directors has determined to effect a one-for-one hundred (1-for-100) reverse stock split of the Company’s common stock,...

NYK to Issue Transition Bonds and Green Bonds Boosting Ship Fuel Conversion from a Financing Perspective

NYK will issue its 47th unsecured corporate bonds (transition bonds) and 48th unsecured corporate bonds (green bonds) in the Japanese domestic market in early...

Panama Canal Announces New Measures Regarding Number of Transits and Maximum Draft

The Panama Canal Authority has unveiled a series of measures aimed at optimizing transit...

Baltic Index Hits Near 3-Week High On Firm Demand Across Segments

The Baltic Exchange’s main dry bulk sea freight index climbed to its highest level...

Maersk Makes no Deployment Changes After Vessel Seized in Strait of Hormuz

Shipping company Maersk has not made any deployment changes after a Portuguese-flagged container ship...

Iran says MSC Aries vessel seized for ‘violating maritime laws’

A Portuguese-flagged cargo ship, the MSC Aries, was seized by Iranon April 13 for...

Baltic index steady as gains in smaller vessels counter weaker capsize

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk...

Port of València export freights grow by 2.13% in March

Export freights from the Port of València stabilised in March and experienced a slight increase of +2.13%. This is reflected in the València Containerised...

Piraeus: Perama Ship Repair Zone Undergoes Upgrade

On Friday, April 5th, two cutting-edge double level luffing jib shipbuilding cranes arrived at the Port of Piraeus. They are soon to be unloaded...

DP World & Rumo To Build New Grain And Fertilizer Terminal At Brazil’s Santos

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million...

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding (MOU) with...

Piraeus Port Authority: New Revenue & Profit Highs in 2023

The Piraeus Port Authority S.A. announced its financial results for the fiscal year 2023. Total revenues reached €219.8 million, up by 12.9% or €25.2...