Ports and Logistics
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Montrose Port selected as base for Inch Cape offshore wind project
Scotland’s Montrose Port has been selected as the future operations and maintenance base for the Inch Cape offshore wind project,…
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Traxens corners the box tracking market with latest acquisition
Marseille-based Traxens, a smart-container service provider, has secured a new financing round of €23m ($25m) from the company’s existing shareholders.…
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UK plans to explore roll out of shore power at ports
The UK government has announced plans to accelerate maritime decarbonisation by switching to emissions-cutting shore power at ports. Maritime minister…
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AD Ports raises $1.1bn ahead of Abu Dhabi trading debut
AD Ports Group has raised AED4bn ($1.1bn) in proceeds from its primary issuance ahead of the listing of its shares…
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Leadership change at Global Container Terminals
Doron Grosman has resigned as president and CEO of North American port operator GCT Global Container Terminals. He had been…
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FMC seeks feedback on new demurrage and detention rule
The US Federal Maritime Commission (FMC) issued an advanced notice of proposed rulemaking (ANPRM) on February 4 seeking feedback. The…
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World Shipping Council: ‘Further regulating ocean carriers will not solve the deeper challenges in US supply chains’
In response to news that the Ocean Shipping Reform Act, passed in December by the US House of Representatives, was…
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Hamburg port teams with leading hydrogen producer
One of the world’s largest suppliers of hydrogen, US-based Air Products, has signed a memorandum of understanding in Germany to…
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European oil terminals hit by ransomware attack
Some of the largest oil terminals in Europe have been hit by a series of cyberattacks it was revealed yesterday.…
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Brazil to hold public hearings next week on privatisation of two ports in São Paulo
Brazil’s national water transport agency ANTAQ will hold public hearings, on February 7 and 10, related to the planned concessions…
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AD Ports bolsters its diverse portfolio
Rapidly expanding AD Ports Group, part of ADQ, an Abu Dhabi-based investment and holding company, has bought stakes in local…
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Canada’s Prince Rupert Port adding capacity
DP World and the Prince Rupert Port Authority (PRPA) are planning updates to several infrastructure projects designed to help make…
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PTP to add 1m teu capacity
A leading Malaysian boxport is to spend $179m adding a further 1m teu in capacity. The Port of Tanjung Pelepas…
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Costco comes under pressure to slash all supply chain emissions
It has been a busy start to the year for supply chain executives working for US wholesaler Costco, the fifth…
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CMA CGM set to acquire majority stake in compatriot delivery firm Colis Privé
France’s CMA CGM has entered into a preliminary agreement to acquire a majority ownership interest in compatriot last-mile logistics player…
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USDA partners with Port of Oakland to restore disrupted shipping services for US agricultural commodities
US Agriculture Secretary Tom Vilsack yesterday announced plans to increase capacity at the Port of Oakland in California and improve…
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Peruvian government says Repsol oil spill is double original estimate, bars company executives from leaving the country
The Peruvian government now believes that an oil spill off its coast on January 15 released up to 12,000 barrels…
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Love thy freight forwarder, soon they might not be there to return your love
Kris Kosmala on the similarities between transporting containers and passengers. The outrageous container rates between Asia and European and American…
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Ports of Los Angeles and Shanghai partnering to create world’s first transpacific green shipping corridor
Two of the most important port pairings in global container shipping are to create a so-called green corridor. The Port…
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Hamburg ready to receive larger ships after Elbe expansion
Existing draft restrictions on the River Elbe that led to competitive disadvantages for the Port of Hamburg now belong in…
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