Topic
ports
Logistics Enstructure to Acquire LOGISTEC Marine Terminal Business, Creating Larger North American Platform
Enstructure has agreed to acquire all marine terminal operations of LOGISTEC, including Gulf Stream Marine and LOGISTEC Direct brands. The combined entity will operate across Canada and the US, serving major trade corridors with a network of terminals and logistics assets. Financial terms were not disclosed.
Logistics Port Houston's Hurricane Preparedness Ensures Swift Cargo Movement
Port Houston's year-round hurricane preparedness focuses on safety and rapid cargo recovery. With lessons from past storms, the port coordinates with key partners to minimize disruptions.
Logistics Chinese Ports Lead Global Efficiency Rankings
Chinese ports, led by Fuzhou, dominate the latest Container Port Performance Index, highlighting their efficiency in global logistics. The report underscores the role of ports in managing supply chain disruptions.
Logistics Hong Kong Firm Synelysia Orders Eight Feeders at Xinle
Synelysia Limited, a new Hong Kong company, has ordered up to eight feeder containerships at Xinle Shipyard. The vessels are expected to be delivered starting in 2028, with each ship costing approximately $32 million.
Logistics MSC Achieves Record 21.6% Global Market Share
Mediterranean Shipping Company (MSC) has set a new record by capturing 21.6% of the global container market. This achievement surpasses Maersk's previous high and highlights MSC's aggressive expansion strategy.
Logistics Suez Canal Hikes Transit Surcharges from Mid-July
The Suez Canal Authority will increase transit surcharges for most vessel classes from July 15. This move affects crude oil carriers, LPG carriers, and containerships, among others, with surcharges rising significantly.
Logistics TGS Wins European Offshore Wind Site Characterisation Contract
TGS has secured a contract for offshore wind site characterisation in Europe, set to begin in August. The project will utilize TGS's Ultra High Resolution 3D streamer technology for detailed subsurface imaging.
Logistics BPCL Mumbai Refinery Shutdown to Impact Logistics
BPCL's Mumbai refinery will undergo maintenance in November, potentially impacting logistics operations and freight rates. Stakeholders should prepare for possible disruptions.
Logistics Port Talbot Fire Disrupts Tata Steel Operations
A significant fire at Tata Steel's Port Talbot plant has caused substantial damage to a production line, impacting operations. Emergency services are managing the situation, with local residents advised to stay indoors.
Logistics Containership Sinks Near Batam, No Traffic Disruption
The containership Golden Star 1 sank off Batam, Indonesia, without disrupting traffic in the Singapore Strait. The vessel, operated by Pancon Shipping and Marine, was carrying 107 containers.
Logistics Oman Ports: India's Strategic Gateway to West Asia and Africa
Oman ports, notably Sohar and Duqm, are emerging as key gateways for Indian exporters to access West Asian and African markets. Enhanced logistics and strategic free trade agreements bolster this position.
Logistics Chinese Yard Unveils Nuclear-Powered Logistics Hub Concept
Jiangnan Shipyard has introduced a concept for a nuclear-powered floating logistics hub, aiming to transform maritime transport. This innovative hub would serve as a container transshipment terminal and energy production center, supporting the decarbonization of global shipping.
Logistics AD Ports Expands into Brazil with $835m Agri-Bulk Acquisition
AD Ports Group has made its largest acquisition by purchasing Brazilian agri-bulk terminal operator CLI for $835 million. This strategic move marks AD Ports' entry into the South American market, enhancing its agrifoods business and establishing new trade links.
Logistics MSC Acquires Majority Stake in Pivdennyi Terminal
Mediterranean Shipping Co (MSC) has reportedly acquired a 51% stake in the Transinvestservice Container Terminal in Pivdennyi, Ukraine. This acquisition marks MSC's second terminal asset in the country, potentially revitalizing operations at the port.
Logistics Marinakis Advocates Hormuz Fee to Mitigate Shipping Disruptions
Evangelos Marinakis suggests that a transit fee for the Strait of Hormuz could have prevented significant shipping disruptions. The proposal comes after months of turmoil due to regional conflicts, impacting global tanker markets.
Logistics New Commissioner Completes U.S. Maritime Regulator Panel
Robert J. Harvey's swearing-in as a commissioner restores the Federal Maritime Commission to full capacity, potentially impacting U.S. maritime regulations. This change could influence ocean freight rates and port operations.
Logistics Ørsted Awards UK Offshore Wind Inspection Deal to OEG
Ørsted has awarded a multi-million-pound contract to OEG for offshore wind inspection services in the UK. This agreement will bolster OEG's workforce and expand its international presence.
Logistics STCW: Transforming Maritime Training with Graph Technology
The STCW convention, a cornerstone of maritime training, faces challenges due to its outdated format. By adopting graph technology, the maritime industry can enhance training efficiency and workforce mobility.
Logistics Maersk Fined $1.9M by U.S. for Detention Charge Violations
Maersk has been fined $1.9 million by the U.S. Federal Maritime Commission for improper detention charges. The settlement requires Maersk to amend its tariff rules and provide refunds to affected parties.
Logistics South Africa Advances LNG Terminal at Port of Ngqura
Transnet National Ports Authority has signed a 25-year agreement with Ukwanda LNG to develop an LNG terminal at the Port of Ngqura. This $1.35bn project will enhance South Africa's energy infrastructure and support its Just Energy Transition programme.
Logistics Navigating Posidonia: Essential Tips for Attendees
Posidonia, the premier maritime event in Athens, demands strategic planning to navigate its vast offerings. Attendees should prioritize comfort, plan their schedules wisely, and stay hydrated to make the most of this bustling event.
Logistics Hormuz Crisis Extends, Shipping Faces Prolonged Disruptions
The ongoing Hormuz shipping crisis continues to disrupt global freight operations, with no resolution in sight. The situation affects major shipping lanes, prompting carriers to seek alternative solutions.
Logistics Yiulian Dockyard Reopens with Unique Laden Vessel Capability
Hong Kong's Yiulian Dockyard has reopened, offering a unique capability to repair vessels while laden, reducing costs for shipowners. This development is significant for operations in southern China's busy ports.
Logistics DEME Secures Japanese Offshore Wind Installation Contract
Belgian marine contractor DEME has secured a contract for the Oga–Katagami–Akita offshore wind project in Japan. This marks the first deployment of 15MW-class turbines in Japan, with installation scheduled for 2027.