rss icon Subscribe
desktop mobile

Ports

Near-term Trading Environment Positive, DP World Says

For illustration only - Credit PawineeAdobeStock

Global port operator DP World on Thursday said the near-term trading environment was positive as it reported a 10.2% increase in first-quarter shipping containers volumes.The Dubai state-owned company handled 18.9 million shipping containers in the January-March period, compared to 17.2 million in the same period a year earlier.

Kishorn Port Eyes Offshore Wind Opportunities as Expansion Plans Approved

Credit: Kishorn Port

Kishorn Port's proposal to extend the port’s dry dock has received approval from The Highland Council."This is a further and significant step in the regeneration of the port and dry dock," Kishorn Port, located on the North West coast of Scotland, said Tuesday.The development proposal involves an extension of the dry dock into adjoining land which,

Libya's NOC Declares Force Majeure on Port of Hariga Exports

Credit: NOC

Libya's National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a budget dispute with the country's central bank.Daily lost income "may exceed 118 million dinars ($26 million)", NOC said in its statement.

Vattenfall Selects Hvide Sande as Service Port for Danish Offshore Wind Farms

Hvide Sande Harbor, Denmark - Credit: Frankix/AdobeStock

Swedish power firm Vattenfall has chosen Hvide Sande Harbour in Denmark as its service port for Vesterhav Syd and Nord wind farms in the Danish part of the North Sea. The move will create around 50 new jobs.Danish Energy Agency has approved Vattenfall's environmental assessment and construction plans

U.S. Crude Oil Exports: When 'Less is More'

© SHUTTER DIN/AdobeStock

Longer sailing distances cushion fall in US crude oil exportsTon mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020. The fall could however have been much worse; In volume terms, seaborne crude oil exports have fallen by 18.

Port of Oakland Reports Record Cargo Surge

(Photo: Port of Oakland)

The Port of Oakland reported all-time high container volume for import and export cargo in the month of March amid an ongoing trade boom exploding through U.S. ports.The port said Oakland received the equivalent of 97,538 20-foot import containers in March. It said it shipped out the equivalent of 94,169 20-foot export boxes.

BIMCO: U.S. Economic Stimulus Have Worked Magic for Container Shipping

© Idanupong/AdobeStock

North American import of containerized goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fueled by US stimulus, volumes moving on the trans-pacific trade lane to consumers and businesses in North America

A Favorable Fetch for US Offshore Wind

© Fokke / Adobe Stock

Offshore wind caught a favorable gust with the 2020 election of Joe Biden, and the following breeze from the early 2021 reconfiguration of the U.S. Senate toward Democrats. Though widely touted as a growth engine for maritime businesses (as well as shoreside trades), the latter years of the Trump administration seemed to see delay after delay.

Montreal Dockworkers Stage Partial Strike

© Firefighter Montreal / Adobe Stock

Canada's manufacturers on Monday asked the federal government to curb a brewing labor dispute after dockworkers at the country's second largest port said they will work less this week.Unionized dockworkers, who are in talks for a new contract since 2018, will hold a partial strike starting Tuesday,

French Container Shipping Firm Offers to Rebuild Beirut's Port Within Three Years

Credit: Ali
/AdobeStock

French container shipping group CMA CGM is pursuing a plan to rebuild Beirut's port within three years, despite political deadlock in Lebanon that has prevented decisions on the port since a blast last August, a company executive said.A chemical explosion at the port killed 200 people and destroyed entire neighborhoods,

Future Prospects of Shipping COVID-19 Vaccines by Sea

© scaliger/AdobeStock

The lucrative prospect of transporting COVID-19 vaccines by sea has intensified the spotlight on the maritime industry’s cold supply chain and its ability to carry high-value pharmaceuticals.At present, speed to market is critical to stemming the spread of the pandemic, so the vaccines are being shipped by air to international destinations.

Port of Gulfport Names Nass CEO

Jon Nass (Photo: Port of Gulfport)

The Mississippi State Port Authority (MSPA) Board of Commissioners has named Jon Nass the new CEO and executive director of the Port of Gulfport, following a national search led by Tim McNamara, head of Odgers Berndtson’s Transportation and Infrastructure Practice in Washington, D.C. His tentative start date is June 1.

Global Supply Lines Struggle to Clear Container Backlog After Suez Chaos

(Photo: Port of Rotterdam)

A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say.Dozens of container ships were stuck when the 400-metre-long (430-yard) Ever Given ran aground in the canal on March 23,

Greece Launches Sale of Crete Port Stake

Credit: Efesenko/AdobeStock

Greece on Monday launched a tender for the sale of a majority stake in a port on the island of Crete, a popular tourist destination in Europe.The conservative government has been keen to attract investment and upgrade its port facilities across the country after years of underspending and a decade-long financial crisis.

Maritime Apps