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PortMiami officially joined the Neopanamax era Saturday when the MOL Majesty — a vessel too big to fit through the original Panama Canal — became the first ship to arrive at the port after transiting the newly expanded canal. To a soundtrack of Kool & The Gang’s Celebration and a water canon salute, the arrival… Read More
This week’s arrival of the largest ship ever to dock at the Port of New York and New Jersey is bringing into focus the challenges the port faces in adapting to an era of fewer, but larger ships, each requiring more containers to be loaded and unloaded in a short space of time. The MOL… Read More
Deutsche Bank is looking to sell at least $1 billion of shipping loans to reduce its exposure to a sector whose lenders face closer scrutiny from the European Central Bank, sources told Reuters. While the oil tanker trade has picked up, the container and dry bulk shipping industries are struggling with their worst downturn due… Read More
The U.S. Department of Transportation (DOT) has announced 18 proposed grant awards for projects under the Nationally Significant Freight and Highway Projects Program. Five port authorities are on the list of proposed grant awardees: 1. Georgia Ports Authority ($44 million) for the Port of Savannah International Multi-Modal Connector. The award is a significant portion of… Read More
GLADSTONE Ports Corporation plans to launch an investigation into what can be done to improve the safety of large vessels passing through the Clinton Channel in front of RG Tanna Wharf. With a gap of only 80 meters separating passing vessels with those berthed at the wharf and increased traffic from Wiggins Island Coal Terminal,… Read More
Global shipping confidence is at an all-time low as fears of a global recession and Britain’s vote to leave the EU pile pressure on parts of the industry already suffering from its worst downturn, a leading transport survey showed on Wednesday. The global container sector, which transports everything from bananas to iPhones, as well as… Read More
Under current U.S. law, a vessel — regardless of flag — can’t call at a U.S. port within 180 days of calling in Cuba. The 54-year-old U.S. ban on trade with Cuba is unlikely to be lifted in this election year, but the long-awaited policy reversal finally could come to pass after the next Congress… Read More
Colombia’s government said on Tuesday it has asked truckers to consider a raft of proposals to end a 28-day strike that its causing cargo delays and putting pressure on food prices amid already high inflation. The truckers, on strike since June 7, are demanding a rise in cargo prices, cuts to motor fuel prices and… Read More
The fifth version of the U.S. Army Corps of Engineers’ Pennsylvania State Programmatic General Permit (PASPGP-5) for authorization of work in wetlands/waterways within portions of Pennsylvania became effective July 1, 2016. This general permit operates in conjunction with Pennsylvania Department of Environmental Protection’s (PADEP) state regulatory program to protect the aquatic environment, while allowing for… Read More
Aiming to regain some of its gateway cargo transshipped via international hub ports, especially Sri Lanka’s Colombo, the government of India on Tuesday approved construction of the much-awaited greenfield deep-sea port at Enayam near Colachel in Tamil Nadu. “Currently, all of India’s transshipment traffic gets handled in Colombo, Singapore and other international ports. The Indian… Read More
India has said it is prioritising dozens of last-mile port-rail connectivity projects to speed up cargo evacuation and help address chronic landside congestion problems at its ports. The ministry of shipping said the equivalent of more than USD3 billion would be spent on 22 port-rail connectivity projects to be implemented by the Indian Port Rail… Read More
Ontario’s former environment minister called for a cleanup of mercury contaminating Grassy Narrows First Nation, historical cabinet memos obtained by the Toronto Star show. But nothing was done by the government of the day to clean up the polluted river and lakes, and more than 30 years later the fish that feed the community are… Read More
On Thursday, the small pusher tug Potomac went down near the Tappan Zee Bridge construction site on the Hudson River. It is the second sinking in the vicinity of the bridge so far this year. Local assets including the Piermont dive team and the county sheriff’s department were the first responders. The two crewmembers had… Read More
Work has started on the first phase of a major port expansion plan at the Danish port of Fredrikshavn. Located in the north of Demark on the east coast, Fredrikshavn is a major ferry terminal for ferries to Sweden and is also used for imports of bulk materials and oil. The start of the expansion… Read More
COSCO Greece objected to terms submitted to parliament for the sale of Piraeus Port to China COSCO Shipping, saying they were inconsistent with those previously agreed with the Greek privatization agency. Greece sealed the sale of Piraeus Port Authority to China COSCO Shipping Corporation in April, a major step for the bailed-out country in meeting… Read More