Ports and Logistics
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MMC IPO reportedly on the cards
Dow Jones is reporting Malaysian tycoon Syed Mokhtar Al-Bukary is planning an IPO of his port assets to raise at…
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Alaskan authorities look into oil spill at Hilcorp terminal
Environmental authorities in Alaska have announced they are investigating an oil spill that occurred last week at Hilcorp Energy’s Drift…
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VLCC and ultra-large containership collide in the Singapore Strait
A VLCC owned by Iran’s National Iranian Tanker Company and an MSC ultra-large containership collided in the Singapore Strait late…
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APM Terminals agrees to pay reparations for bribery offences in Guatemala
APM Terminals (APMT) has taken on a multimillion-dollar reparation payment related to corruption at a terminal in Guatemala, even though…
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Maritime UK joins government initiative to boost exports
Industry group Maritime UK has partnered with the UK government’s Exporting is GREAT initiative in an effort to increase UK exports and help…
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Six US port projects succeed in bids for Tiger funding
Commercial seaports and projects that benefit the flow of goods through the country’s ports have been granted $61.8m in the…
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DP World to operate container terminal in St John, Canada
Dubai port operator DP World said it has signed a lease agreement to expand and operate the multipurpose Rodney container…
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ILWU eyes bringing forward contract talks by three years
Dockworkers with the International Longshore and Warehouse Union (ILWU) have said the union will consider next month an earlier-than-expected vote…
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Ports America extends its operator’s agreement with Tampa Bay Container Terminal
Ports America, one of the leading marine terminal operators and stevedoring firms in the US, has signed an amended container…
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LNG bunkering first for Australia at Fremantle Port
EVOL LNG has announced that it has been approved by Fremantle Ports to bunker liquefied natural gas (LNG) for LNG-powered…
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Peter Levesque to replace Sean Kelly at Modern Terminals
Modern Terminals, Hong Kong’s oldest container terminal operator, today announced that Peter Levesque, the company’s current coo will succeed Sean…
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DP World takes Kaohsiung terminal
Global terminal operator DP World has signed an MoU with Taiwan International Ports Corporation (TIPC) to develop Kaohsiung Port’s Terminal…
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Tianjin Port and Tangshan Port set up container terminal jv
China’s Tianjin Port and Tangshan Port have signed a strategic agreement to jointly develop a container terminal in Tangshan Port’s…
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PE firm looks to offload Brazil’s second-busiest container terminal
The US private equity firm that owns the operator of Brazil’s second busiest container port is contemplating its sale, according…
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Industrial espionage row erupts in the Mediterranean container transhipment market
Container transhipment business in the Mediterranean region is upset by a spy story emerging in the port of Gioia Tauro…
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Port of LA releases oil terminal environmental study
The Port of Los Angeles on Thursday released an initial study on the environmental implications of a proposed Marine Oil…
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MSC under fire over state aid allegations
A few weeks after the European Commission opened an in-depth investigation questioning whether the Italian government propped up Italian shipyard…
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Hong Kong container terminals renew plea for more land
The Hong Kong Container Terminal Operators Association (HKCTOA) has renewed its plea for more land and barge berths at the…
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Beijing relaxes FTZ restrictions
China’s State Council has released a document with revised regulations on the country’s four free trade zones (FTZs) in Shanghai,…
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Magellan to build Pasedena product terminal
Magellan Midstream Partners will construct a new high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas to handle…
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