Port Houston’s March container activity marked a rebound after a fog-impacted February. Container volumes reached 386,864 twenty-foot equivalent units (TEUs) for the month, a 7% increase compared to March 2023 and the busiest March on record. Year-to-date container volumes at Port Houston’s public terminals surpassed 1 million TEUs, reaching 1,068,695 and essentially flat compared to… Read More
President Trump signed an executive order on April 9 launching a Maritime Action Plan aimed at revitalizing and rebuilding the U.S. maritime sector (Reuters, subscription). The order stops short of imposing new port fees on Chinese-built vessels—for now. Why it matters: Though the executive order does not impose fees, pending further actions under the U.S. Trade… Read More
French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt’s October Dry Port (ODP). Officially launched in November 2023, ODP is Egypt’s first dry port and the first public-private partnership project in the Egyptian transport sector under the EBRD Green Cities program. It was developed, built, and operated by… Read More
On April 15, 2025, China Shipbuilding Group delivered a 24,000 TEU dual-fuel containership, the largest of its kind globally, setting a new record for China’s dual-fuel containership construction, according to CCTV. The vessel, designed for the Far East to Europe shipping route, can carry 22,000 tonnes of cargo and accommodate 24,000 containers, with a stacking… Read More
⚙️ New equipment by GearTec AG for a Cutter Suction Dredger (CSD) ⚓ GearTec AG was awarded with a large-scale order for the supply of various gearboxes for a new self-propelled CSD for a client in middle-east. The scope of delivery is very similar to the equipment we already delivered in 2018 to another shipyard…. Read More