Ports and Logistics
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Enterprise Products Partners acquires land for expansion of hydrocarbon terminal on Houston Ship Channel
Houston, Texas-based midstream oil company Enterprise Products Partners (EPP) has announced an expansion of its Enterprise Hydrocarbon Terminal (EHT) on…
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Indonesia Kendaraan Terminal eyes IPO in July
Indonesia car terminal operator Indonesia Kendaraan Terminal (IKT), a unit of state-owned port operator Pelindo II, has announced a plan…
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Port of Rotterdam calls for carbon tax
The Port of Rotterdam Authority is calling on the Dutch Government to form a coalition with countries in northwest Europe…
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Zhejiang Port Group secures $12.7bn credit facility from China Construction Bank
Zhejiang Port Investment Operation Group (Zhejiang Port Group), the integrated port operating platform of Zhejiang province, has signed a strategic…
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Icon Infrastructure buys into Salerno port
UK-based fund Icon Infrastructure has bought into the port of Salerno in southern Italy. Icon has a 45% stake in…
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Port of Gulfport signs expansion deal with Turkish firm Yilport
Mississippi State Port Authority and Turkish firm Yilport Holdings have signed a letter of intent (LOI) regarding expansion of the…
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Rotterdam Port Fund bets on batteries
Investor Rotterdam Port Fund has taken an interest in EST‐Floattech, a Dutch technology company that develops and supplies energy storage…
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Port of Long Beach debuts America’s largest zero-emissions pilot project
The Port of Long Beach (POLB) announced today that it is launching the US’s largest zero-emissions pilot project thanks to…
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Chinese autonomous truck manufacturers proliferate
TuSimple, a Chinese self-driving truck start-up backed by graphic chip manufacturer Nvidia, is in talks with 10 ports in China…
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Macquarie and Goldman Sachs buy Dutch terminal operator
Infrastructure funds managed by Macquarie and Goldman Sachs have sealed a deal to buy Dutch terminal operator HES International from…
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Gulftainer granted 50-year concession to develop Wilmington port
Sharjah-headquartered port operator Gulftainer has announced that its subsidiary, GT USA, has signed a deal with the state of Delaware…
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Female dockworkers accuse US West Coast ports association of discrimination
A group of female dockworkers have brought US federal discrimination claims against the Pacific Maritime Association which represents 29 West…
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Shandong integrates Bohai Bay port assets
Shandong province of China established a port holding group yesterday, called Shandong Bohai Bay Port Group, to integrate the port…
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BC proposes incentives for Shell-led LNG export terminal at Kitimat
British Columbia authorities are proposing new incentives seen as encouraging progress with a proposed liquefied natural gas (LNG) export terminal…
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China’s Belt Road Initiative and the demise of the 20,000 teu boxship
Having been on a speaking trip in China to discuss the China Belt Road Initiative (BRI), it still amazes me…
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Hamburger Hafen und Logistik acquires Estonian terminal operator
German port and transport logistics company Hamburger Hafen und Logistik (HHLA) has entered into a contract to acquire Estonia’s biggest…
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DP World secures 30-year concession for Congo port
Port operator DP World has won a 30-year concession for the management and development of a multi-purpose port project in…
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AAPA elects new chairman
The American Association of Port Authorities (AAPA), which represents seaports in the Americas, announced it has elected a new chairman…
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US spending bill includes funding for ports and MARAD
The $1.3 trillion US government budget just signed into law by President Donald Trump holds some positives for the shipping…
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Asian ports face $49bn climate adaptation costs
Protecting Asia Pacific ports against climate change could cost up to $49bn, according to new research commissioned by HSBC from…
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