Ports and Logistics
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Port of Virginia shutting down until storm passes
Authorities warned they were closing the Port of Virginia at midnight on Friday ahead of the advancing Winter Storm Helena.…
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Port of Portland sues Monsanto
The Port of Portland is suing agriculture giant Monsanto Corporation for contamination on port property. The port wants the company…
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LA Harbor entrance closed to ships after reports of possible helicopter crash
Ship traffic was denied access to Los Angeles Harbor on Wednesday when US Coast Guard (USCG) closed the harbor entrance…
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Former Yingkou Port president gets 14 years for taking bribes
Liaoning Anshan Intermediate People’s Court has sentenced Gao Baoyu, former president of Yingkou Port, to 14 years prison for taking…
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AltaGas commits to building LPG terminal in northwest British Columbia
Calgary, Alberta-based energy company AltaGas has committed to building the first liquefied petroleum gas (LPG) export terminal on Canada’s west…
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FMC green lights agreement between two Miami terminals
A co-operation agreement between two shipping terminals at PortMiami seaport has gone into effect, following a decision by the Federal…
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Mumbai to create dedicated container corridor
Municipal authorities have vowed to tackle congestion emanating from all the boxes heading in and out of India’s top container…
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Rizhao Port dismisses 89 officials
Rizhao Port, a major iron ore port in northern China, has dismissed 89 employees in middle management according to a…
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Russian port boss accused of embezzling $25m
The head of the Russian port of Ust-Luga has been detained by a court in St Petersburg on suspicion of…
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MSC takes Hanjin’s Seattle terminal stake
Hanjin Shipping is selling its Seattle terminal to Mediterranean Shipping Company (MSC), according to the Seattle Times. The deal is…
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HPH Trust acquires major stake in Huizhou terminal
Hong Kong port terminal operator Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake…
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DP World lifts stake in Pusan terminal
DP World has acquired an additional 23.94% stake in South Korea’s Pusan Newport Company (PNC) from Samsung Corporation. DP World…
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Odfjell closes Oman tank terminal sale
Odfjell Terminals has completed the sale of its 29.75% stake in Oman tank terminal for $130m. The transaction will bring…
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Cambodia readies $300m Sihanoukville port expansion
Authorities in Cambodia have unveiled ambitious plans to pump $300m into the kingdom’s top port, Sihanoukville Autonomous Port (SAP). The…
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Sino-Global signs transportation deal with Cosco
Flushing, New York-based Sino-Global Shipping America announced on Wednesday that it has signed an Inland Transportation Agreement with a subsidiary…
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Eddy Bruyninckx to step down at Antwerp
One of the best-known names in the European ports scene will retire this Saturday. Eddy Bruyninckx, CEO of the Antwerp…
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Former Rizhao Port president under investigation
Du Chuanzhi, former president of Rizhao Port, has been taken away by discipline inspection authorities as part of corruption investigations.…
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Myanmar’s role along China’s new Silk Road
In September of this year I wrote an article arguing that Myanmar will play a pivotal and key strategic role…
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Port of Long Beach gives nod to Hanjin selling terminal stake to MSC
The Port of Long Beach in southern California on Thursday gave its approval to a proposal that would allow bankrupt…
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Arbitration panel backs Navios in Vale terminal contract spat
Navios Maritime Holdings has received a favourable ruling in a London arbitration with Vale after the Brazilian miner ditched plans…
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