Ports and Logistics
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Some Texas ports reopen with restrictions, while Louisiana refineries continue operating despite Harvey
The US Coast Guard (USCG) has approved the reopening of some ports in Texas following their closure because of Tropical…
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Shipping lines weigh their options as Harvey disrupts cargo chain
Shipping lines are scrambling to reroute cargo in response to the upheaval to supply chains caused by Tropical Storm Harvey…
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Rampant Southeast Asian boxport expansion questioned
Boxport rivalry in Southeast Asia could be set to get a whole lot more intense with recent news from Kuala…
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Vinalines and Rent-A-Port to develop grain port at Hai Phong
Vietnam National Shipping Lines (Vinalines) and Belgian company Rent-A-Port have signed a memorandum of understanding to cooperate in building a…
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Jinzhou Port sets up insurance brokerage subsidiary
China’s Jinzhou Port has announced that it will invest RMB50m ($7.6m) to set up a subsidiary to tap into the…
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Wellington port’s earthquake repair bill stands at $247m
Repairing earthquake damage at Wellington’s port will cost NZ$340m ($247m), according to the port’s terminal operator, CentrePort. The port was…
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Louisiana ports and refineries next in line as Harvey shapes up for return to land
After taking a toll on oil refineries and ports along the Texas coast, Tropical Storm Harvey is next forecast to…
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Ports, waterways, refineries and platforms all feel Harvey’s wrath
The Houston Ship Channel remained closed on Monday and numerous refineries were out of action as were offshore oil and…
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Forth Ports and AF Gruppen to create decommissioning hub in Dundee
Forth Ports and AF Offshore Decom UK, part of AF Gruppen, have signed an agreement to establish a new joint…
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China to reduce port charges
China’s Ministry of Transport is going to further reduce port charges in order to help ease the burden on the…
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Qingdao Port to establish JV with PetroChina
China’s Qingdao Port has entered into a letter of intent with PetroChina Fuel Oil, a subsidiary of PetroChina, for the…
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Sinotrans to acquire logistics assets of China Merchants
Chinese logistics and shipping giant Sinotrans has announced that it has reached an agreement to acquire the entire capital of…
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Hutchison Ports buys into Basra
Hutchison Ports has made its second overseas deal this year. The Hong Kong-based terminal operator has signed with Nawah Port…
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Silting a growing problem at Latin America’s largest port
Calls are growing for authorities to dredge Latin America’s largest port. The Financial Times is reporting how containerships are being…
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Vopak to expand Pengerang terminal
Royal Vopak has announced that the company and its joint venture partners intend to expand their independent storage terminal, Pengerang…
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Cyber-attack wiped up to $300m from Maersk’s books
Søren Skou, the CEO of A.P. Moller – Maersk, has for the first time put an approximate dollar figure on…
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Port of Newcastle’s fee hikes curtailed
Commodities giant Glencore is celebrating a verdict from Australia’s Federal Court that will see the local competition watchdog regulate port…
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Goldman Sachs fund buys into Colombian port operator
An investment fund administered by Goldman Sachs has paid Grupo Argos $136m to take a 50% stake in a Colombian…
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MMC in talks to acquire stake in Sabah Ports
Malaysia’s MMC Corporation has confirmed that the company is now in talks with Suria Capital Holdings to acquire a stake…
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Warehouse company brings complaint of bias against Port Authority of NY/NJ
Port Elizabeth Terminal & Warehouse Corp (PETWC) in New Jersey has issued a formal complaint to the Federal Maritime Commission…
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