Ports and Logistics
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Zhuhai Port raises $195m
Zhuhai Port Group has signed equity financing agreements with two state-run funds and raised a total of RMB1.35bn ($195m). In…
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PIR and Edison join forces for a new LNG terminal in the port of Ravenna
The Adriatic Sea will have at least one LNG bunkering facility in Italy. Petrolifera Italo Rumena (PIR) along with Italian…
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APM Terminals in court again over Guatemala corruption case
A high profile bribery scandal in Guatemala that involved a former president of the Central American nation and damaged Maersk’s…
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Rizhao Port vice president dragged into corruption investigation
China’s Rizhao Port has announced that vice president Kong Xianlei is now under investigation by the local discipline inspection authorities…
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SIPG seeks to develop Yangshan into free trade port
Chen Xuyuan, president of state run port operator Shanghai International Port Group (SIPG), has proposed to the National People’s Congress,…
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Pemex and SSA Mexico to explore potential of an oil terminal at Tuxpan
State oil company Pemex and fellow-Mexican firm SSA Mexico, which operates ports, have signed a Memorandum of Understanding (MOU) to…
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Hamburg port finishes key entrance widening process
Hamburg port has completed the redesign of the entrance to its Vorhafen Harbour Basin, allowing larger ships to maneuver more…
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SM Group in pole to buy STX
Samra Midas Group (SM Group), the fast emerging white knight among South Korea’s hard hit maritime industries, is being linked…
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ICTSI prepares for 13,000 teu ships on intra-Asia trades
International Container Terminal Services Inc (ICTSI) is preparing for an enlarged set of boxships operating on the intra-Asia trades. The…
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Paulsboro Marine Terminal opens
The Delaware River has seen the opening of a first new marine terminal in 50 years with the inauguration of…
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Lines brace for further wave of port strikes across Spain
Shipping lines are having to make contingency plans as a wave of port strikes loom across Spain. Over the past…
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Bankruptcy claim lodged against Fesco
Another Russian owner is in dire financial trouble. A bankruptcy claim has been lodged in Moscow against Fesco, one of…
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ILA urges members to cancel one-day stoppages at US ports
Leadership of the International Longshoremen’s Association (ILA) has advised its members to cancel planned one-day industrial action at US East Coast…
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APM Terminals completes first phase at Lazaro Cardenas
APM Terminals (APMT) marked the completion of the first phase of its new Lazaro Cardenas container terminal in Mexico by…
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Port Arthur blaze captured on video
Firefighters managed to extinguish a massive fire at Port Arthur yesterday afternoon. Tons of wood pellets caught fire on a…
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ICTSI departs empty Portland
The Port of Portland and Philippine terminal operator International Container Terminal Services, Inc (ICTSI) are parting ways. ICTSI has had…
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Chinese firm replaces ICTSI in Brunei
A Chinese terminal operator will take the slot vacated by Philippines-based ICTSI at Brunei’s top container facility. Guangxi Beibu Gulf…
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Navios wins $21.5m Vale case
A New York arbitration tribunal has ruled in favor of Navios Logistics on a dispute with Vale regarding the termination…
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US Maritime Alliance disturbed by ILA’s work stoppage talk
The US Maritime Alliance (USMX), which represents the employers of thousands of dockworkers in the eastern US, reacted on Wednesday…
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APM Terminals to boost its investment in Port Elizabeth by $200m
APM Terminals (APMT) announced on Wednesday a significant ramping up of its investment in infrastructure at Port Elizabeth in New…
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