Port Freeport marked a significant infrastructure milestone Thursday, February 26, with a ribbon-cutting celebrating the completion of multiple infrastructure projects supporting the continued expansion and connectivity of the Velasco Container Terminal, including Storage Area 5, the Terminal Access Project, and East 5th Street Reconstruction and Truck Queuing Project. The projects, partially funded through the Maritime… Read More
By Neesha Salian The US International Development Finance Corporation (DFC) said it plans to deploy a maritime reinsurance programme covering up to $20bn in potential losses to help restore confidence in shipping in the Gulf region amid ongoing tensions involving Iran. The plan, approved by US President Donald Trump, and announced jointly with US Treasury Secretary Scott Bessent, aims to… Read More
By Bridget Dean, Associate Editor The Virginia Port Authority’s (VPA) late February completion of dredging work in Norfolk Harbor was more than just routine depth maintenance: It cleared the way for two-way traffic of fully loaded Ultra Large Container Vessels (ULCVs) and puts the authority on track to complete its $1.4 billion Gateway Investment Program (GIP) by the end of 2027. Once final depth soundings are completed in the coming weeks to ensure accuracy, the VPA’s two container terminals… Read More
Commission advances projects that expand capacity and reinforce a future‑ready infrastructure Houston – On Thursday, February 19, the Port Commission of the Port of Houston Authority met for its regular monthly meeting. Chairman Ric Campo opened the meeting by welcoming Michel Bechtel to the Port Commission and also recognizing the succession of former Commissioner Stephen… Read More
By Rhonda Waterhouse The proposal to deepen the Cape Fear River is a massive project, with a pricetag of over $1.3 billion dollars and a lot of moving parts. Recently, the North Carolina Department of Environmental Quality formally objected to the plan, leaving the fate of the project uncertain. The U.S. Army Corps of Engineers… Read More
By Sam Meredith Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping through the strategically vital Strait of Hormuz. Major marine war risk providers have started to scrap cover for vessels operating in the Persian Gulf as the fallout from a sudden security shock hobbles… Read More
TORONTO, March 03, 2026 (GLOBE NEWSWIRE) — Arctic Gateway Group (AGG) and Port of Antwerp-Bruges International (POABI) have signed a new agreement to enable opportunities for trade, collaboration, investment and long-term partnership between Canada’s Port of Churchill and the Port of Antwerp-Bruges, one of Europe’s largest and most diversified ports. The agreement establishes a framework… Read More
London-based war risk underwriters are set to determine on Monday the revised high-risk boundaries and additional premiums for vessels transiting the Middle East after US-led strikes on Iran prompted Tehran to shut the strategically vital Strait of Hormuz. Nearly 20% of the world’s crude oil flows through this narrow waterway, making the disruption a major… Read More
By Jack Dutton A senior Islamic Revolutionary Guards official on Monday increased threats to vessels seeking to traverse the Strait of Hormuz, further heightening risks to supply chains and maritime security in the crucial waterway. Brig. Gen. Sardar Ebrahim Jabbari told Iranian media Monday that “anyone who wants to pass, our self-sacrificing heroes in the IRGC… Read More
Jacksonville Port Authority (JAXPORT) has unveiled plans to invest $250 million in a major terminal expansion aimed at boosting container capacity, improving cargo efficiency and supporting long-term trade growth. The investment will focus on berth enhancements, yard expansion and the acquisition of additional cargo-handling equipment at the port’s primary container facilities. Officials said the project is… Read More
On February 17, the Oregon Senate approved Governor Kotek’s appointment of Michael Jordan to the Port of Portland Commission. Jordan, a lifelong Oregonian, has dedicated more than 40 years of his career in service to the public in elected and executive appointments at city, county, regional and state governments. His work frequently focused on establishing… Read More
The Port of Long Beach kicked off the new year as the nation’s busiest seaport, marking its second-busiest January on record, Port CEO Dr. Noel Hacegaba announced Wednesday during a virtual media briefing. Dockworkers and terminal operators moved 847,765 twenty-foot equivalent units (TEUs) of cargo containers last month, down 11% from January 2025, which remains the… Read More
Port Houston handled 370,034 TEUs in January, the biggest January container volume on record and a 4% increase from the same month last year. The increase in containers was driven by gains in both loaded imports and loaded exports moving through the Houston Ship Channel, with each up 5% compared to January last year. Import… Read More
By David Williams LOUISVILLE, Ky. — The Louisville Riverport Authority announced it is starting a detailed master planning process to steer the future of the Louisville Riverport, a major industrial and logistics hub in the city. Karen Fallon was born and raised in southwest Louisville and has lived there for nearly 60 years. “It’s fun. It’s home. It’s good, hardworking people that really… Read More
By Paige Pell Veteran political strategist brings decade of Indiana public policy experience to state port authority INDIANAPOLIS (Feb. 25, 2026) – Ports of Indiana has appointed Josh Webb as Director of Government Affairs to lead legislative strategy and advocacy efforts at the state and federal levels. Webb brings more than a decade of experience in… Read More