Ports

  • Abu Dhabi Ports, Khalidia International Shipping...

    Abu Dhabi Ports has signed a Musataha agreement with Khalidia International Shipping, a subsidiary of Emirates Business Group to set up a third-party logistics (3PL) warehouse with a total investment of Dh80 million in Khalifa Industrial Zone’s (Kizad) trade and logistics cluster.

  • DP World targets inland India with logistics...

    Dubai’s DP World will spend part of a planned $1 billion investment in India on new inland logistics centres to help ease problems in transporting goods across the country, the port operator’s chairman said on Tuesday.

  • Dubai's RTA, DP World to streamline trucks...

     The Roads and Transport Authority (RTA) has signed a contract agreement with DP World to provide taxi and VIP limousine services to tourists from and to The Hamdan Bin Mohammad Cruise Terminal at Mina Rashid (Rashid Port). The services will be provided by the authority’s Dubai Taxi Corporation (DTC).

  • Port of Virginia Closed for Winter Storm

    The captain of the port will close the Port of Virginia Friday at midnight in anticipation of a severe winter storm, which has been named “Winter Storm Helena” by the Weather Channel. 

  • New cranes arrive at Khalifa Port

    Abu Dhabi Terminals (ADT) has announced the arrival of three new ship-to-shore gantry cranes at Khalifa Port. These are amongst the largest cranes of their type in the world.

  • Saudi port berths near completion

    Work on Berth 5 and Berth 6 at King Abdullah Port in Rabigh, on Saudi Arabia’s Red Sea coast, will be finished in early January, the port’s developer has confirmed. The taking into operation of the new containership berths will boost the port’s annual capacity to 4 million teu by the end of the first quarter of 2017, says Ports Development Company (PDC) managing director, Abdullah Hameedadin.

  • Hamburg Awaits Decision on Elbe Deepening

    The decision to adjust the navigation channel on the Lower and Outer Elbe River, an expansion project which would enable German Port of Hamburg to accommodate mega ships, is expected to be made in February.

  • MSC’s Offer Gets Green Light from Long Beach

    Geneva-based Mediterranean Shipping Company (MSC) has received a green light from the Long Beach Board of Harbor Commissioners to take over sole control of the long-term lease of the port’s largest terminal.

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Port of Rotterdam Sets Record Throughput in 2015

The Dutch Port of Rotterdam experienced an increase of 4.9% in goods throughput reaching a total of 466.4 million tonnes in 2015, which was mostly driven by a rise in crude oil and oil products throughput.

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COSCO Sole Bidder in Piraeus Port Sale

Greece only received a bid from China's COSCO Group for a majority stake in Piraeus Port Authority, the operator of the country's biggest port, the privatization agency said on Tuesday.

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Sri Lanka Approves Chinese Port Project

Sri Lanka is to go ahead with a $1.4 billion Chinese-backed real estate project after some changes to its terms, a minister said on Tuesday, signalling readiness to accept more Chinese investment in the face of a balance-of-payment crisis.

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China Completes Second Mega-Cutter

China has built a second 12,000-ton displacement coast guard ship for patrol service in the South China Sea, reports Chinese Communist Party media outlet People’s Daily.

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Port of Shanghai Profit Drops

Shanghai International Port Group Co Ltd, the operator of the world's busiest container port, posted a four percent fall in its 2015 preliminary net profit, marking the first decline since 2011 as China's economy slows.

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Volume at major India ports inches up

Container throughput at India’s major, state-owned ports showed a modest increase in the first three fiscal quarters from a year earlier as sluggish global demand continues to weigh heavily on the country’s foreign trade.

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