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Tuesday, April 22, 2025

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Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hanseatic Global Terminals successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container...

DG MOVE leads security inspection Thessaloniki Port

The Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE),...

BlackRock strikes deal to bring ports on both sides of Panama Canal under American control

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium...

CMA CGM: US port fees on China vessels would affect all shipping firms

U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in...

China Merchants buys VLCC terminal in Brazil

CHINA Merchants Port, the port division of the state-owned conglomerate China Merchants Group, has acquired 70 % of Vast Infraestrutura, a company operating a...

Ports of Rotterdam and Antwerp-Bruges call for swift implementation of Clean Industrial Deal

Port of Rotterdam and Port of Antwerp-Bruges welcome the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of...

Savannah fastest growing port on U.S. East Coast

Building strong partnerships, superior connectivity, ample capacity ahead of demand and a responsible approach with communities is the “GPA way,” and sets the ports...

US East Coast dockworkers ratify new six-year contract

Over 45,000 U.S. dockworkers represented by the International Longshoremen's Association (ILA) voted to ratify a new six-year contract on Tuesday, formalizing a deal which...

Drewry: Container Port Throughput Index retreated in December

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of...

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Ports

Excelerate Energy announces proposed offering of $700 million of senior notes due 2030

Excelerate Energy announced that Excelerate Energy Limited Partnership, a subsidiary of Excelerate, has commenced an offering of $700 million in aggregate principal amount of...

BW LPG Limited – Share buyback program completed

BW LPG Limited completed the share buyback program which was announced on 8 April 2025 and commenced from 8 April to 17 April 2025. During...

Abu Dhabi Exports Office signs USD235 million syndicated loan agreement to boost UAE trade with Trafigura

In a strategic move to empower UAE exporters and advance the nation’s economic diversification goals, the Abu Dhabi Exports Office (ADEX) has signed a...

Danaos Corporation announces upsizing of its share repurchase program by an additional $100 million

Danaos Corporation announced that its Board of Directors has approved the upsizing of its common stock repurchase program by an additional $100 million. The Company...

Belships goes to Blue Ocean Funds and F. Laeisz

The Norwegian shipping company Belships has new owners: the majority of the shares are now held by the investment platform Blue Ocean Funds. The German...

China’s Cosco says US levies risk upsetting global shipping

China’s largest shipping line said on Monday that the Trump administration’s plan to impose...

New Maritime Labour Convention amendments set to boost seafarers’ conditions

Seafarers are set to benefit from improved working and living conditions following the adoption...

Hackers take down Taiwan’s Wan Hai Lines website

Shipping company Wan Hai Lines’ website was taken offline by hackers on Friday and...

ICC: Pronounced spike in low-level crimes in Singapore Straits

The ICC International Maritime Bureau has revealed a rise in global piracy and armed...

Trump’s China Ship Fees Set to Hit Global Shipping Giants

Container ships, the workhorses of global trade transporting almost 90% of the world’s...

Stolthaven Terminals partners with Rönesans Holding on a landmark terminal in Türkiye

Stolthaven Terminals partnered with Rönesans Holding on the development of a new terminal, located in Ceyhan, Adana, Türkiye. The facility is part of a large-scale...

APSEZ acquires 50 MTPA capacity NQXT Australia, accelerating path to 1 billion tonnes p.a. by 2030

The Board of Directors of Adani Ports and Special Economic Zone, India’s largest integrated Transport Utility company has approved the acquisition of Abbot Point...

Piraeus to be reinforced with additional Port Guard officers

Minister of Maritime Affairs and Insular Policy, Vasilis Kikilias, asked for the reinforcement of the port of Piraeus with 50 additional Port Guard officers,...

March volume shows sustained growth at port of Los Angeles

The Port of Los Angeles processed 778,406 Twenty-Foot Equivalent Units (TEUs) in March, 4.7% more than last year. The Port ended the first quarter...

Port of Long Beach busiest in U.S. through first quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...