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Maritime

Port Terminal Services

CMA CGM has invested in the highly anticipated transhipment port in Morocco.

CMA CGM's investment in the much-anticipated transshipment port in Morocco highlights the company's strategy to enhance its presence in key maritime routes and improve logistics in North Africa. This port is expected to serve as a crucial hub for cargo handling...

Maritime

The FuelEU Maritime Compliance Pool will now include the Van Weelde Shipping Group.

The inclusion of the Van Weelde Shipping Group in the FuelEU Maritime Compliance Pool is a significant step towards advancing cleaner shipping practices within the maritime industry. The FuelEU initiative aims to support the transition to low-emission fuels and...

Maritime

Panama Canal has reported a rise in net profits to $3.45 billion.

The Panama Canal's net profits have surged to $3.45 billion, reflecting its vital role in facilitating international trade and the growing demand for efficient shipping routes. This increase in profits can be attributed to several factors, including a rise in s...

Maritime

Port Terminal Services

The Port of Amsterdam has joined the TRANS2 program.

The Port of Amsterdam's decision to join the TRANS2 program represents a significant step towards enhancing its sustainability initiatives and optimizing logistics in the region. The TRANS2 program focuses on fostering sustainable transport and logistics soluti...

Maritime

Port Terminal Services

Port of Gioia Tauro has received the final shipment of 25 new cranes.

The Port of Gioia Tauro has recently received the last of 25 new cranes, marking a significant milestone in its ongoing modernization efforts. This upgrade is part of a larger initiative to enhance the port's cargo handling capabilities and improve operational ...

Maritime

Washington has announced a $3 billion investment in ports.

Washington's announcement of a $3 billion investment in ports signifies a substantial commitment to enhancing the state's maritime infrastructure and fostering economic growth. This funding is aimed at modernizing and expanding port facilities, focusing on upgr...

Maritime

Port Terminal Services

Port of Las Palmas has acquired two dock cranes from ZPMC.

The acquisition of two dock cranes from ZPMC by the Port of Las Palmas is a significant investment aimed at improving the port's cargo handling capabilities. ZPMC, a leading manufacturer of port equipment, is known for producing high-quality cranes that enhance operational...

Maritime

Port Terminal Services

CSL is teaming up with DPA to set up an Rs 1,600 crore capsize-compliant ship repair facility in Vadinar.

CSL's collaboration with DPA to establish an Rs 1,600 crore capsize-compliant ship repair facility at Vadinar represents a significant advancement in maritime infrastructure in India. This state-of-the-art facility aims to cater specifically to capsize bulk carriers, which...

Maritime

PIL has successfully completed its first LNG bunkering in Shanghai.

PIL's first LNG bunkering in Shanghai marks a significant milestone in the company’s commitment to embracing cleaner and more sustainable practices in maritime shipping. This operation highlights the increasing trend within the industry to adopt liquefied natural gas (LNG)...

Maritime

Greece boasts one of the world's top five largest shipping fleets.

Greece’s shipping industry stands as one of the largest and most influential in the world, deeply rooted in a rich maritime tradition that dates back to ancient times. Greek-owned vessels account for a significant portion of the global merchant fleet, particularly excellin...

Maritime

Port Terminal Services

The Port of La Spezia is set to undertake extensive dredging works.

The Port of La Spezia is embarking on extensive dredging works aimed at improving its shipping capabilities and allowing for the accommodation of larger vessels. This initiative is crucial for enhancing the port's competitiveness in the Mediterranean and boosting its capac...

Maritime

The Port of Sines is likely to experience a boost in trade with Brazil.

The Port of Sines, one of Portugal's most significant deep-water ports, is well-positioned to enhance trade with Brazil due to its strategic location along major shipping routes. This makes it an ideal hub for goods traveling between Europe and South America. T...

Maritime

KazMorTransFlot and AD Ports are set to launch operations with six tankers in the Caspian Sea by the end of 2024.

KazMorTransFlot, a key player in Kazakhstan's maritime sector, has teamed up with AD Ports, a leading logistics and port operator from Abu Dhabi, to significantly enhance operations in the Caspian Sea. Their ambitious project involves the deployment of six tank...

Maritime

The Vancouver Port Authority is expanding the requirements of the Second Narrow Centralized Scheduling system to encompass Tier 2 vessels.

The Vancouver Port Authority's decision to expand the Second Narrow Centralized Scheduling (SNCS) system to include Tier 2 vessels represents a significant step toward enhancing operational efficiency and reducing congestion at the port. The SNCS, initially des...

Maritime

For the first time in a decade, an Aframax tanker has transported Canadian crude oil to Alaska.

For the first time in a decade, an Aframax tanker has successfully transported Canadian crude oil to Alaska, marking a notable shift in the region's oil trade dynamics. This development comes as both Canada and the U.S. seek to strengthen energy ties and enhanc...

Port Terminal Services

Brazil has announced the auction date for leasing contracts worth $630 million for a port terminal.

Brazil has set an auction date for leasing contracts valued at $630 million for a port terminal, a move aimed at attracting investment and improving the efficiency of its port operations. This initiative is part of the country's broader strategy to modernize it...

Maritime

Port Terminal Services

The Ro-Ro service is struggling to keep up with the growing traffic flow.

The Ro-Ro (roll-on/roll-off) service is currently facing significant challenges due to an increasing volume of traffic, resulting in congestion and delays at various ports. This surge in demand can be attributed to factors such as rising trade activity, an upti...

Maritime

Jawaharlal Nehru Port is addressing the issue of overflowing empty container yards to boost efficiency and stabilize prices in the shipping industry.

J N Port is taking proactive measures to tackle the challenge of overflowing empty container yards, which has been impacting operational efficiency and contributing to rising costs in the shipping sector. By implementing strategies to manage and streamline the ...

Maritime

Africa's largest oil refinery has successfully shipped its first cargo.

Africa's largest oil refinery has made headlines by successfully shipping its first cargo, a landmark achievement that underscores the continent's growing capacity for local oil production and refining. This refinery, located in Nigeria, is part of a broader ef...

Maritime

Bihar's first-ever dry port has started sending leather exports to Russia, marking a significant step toward boosting global trade near Patna.

Bihar's first-ever dry port has begun exporting leather to Russia, a development that represents a major milestone for the region's trade prospects. Located near Patna, this dry port is expected to enhance logistical capabilities, making it easier for local bus...