Port Houston today announced findings from a new Martin Associates economic impact study showing marine cargo activity through the public and private facilities along the Houston Ship Channel, collectively known as the Port of Houston, supported $986.9 billion in total U.S. annual economic value in 2025 and 3.53 million jobs. “The Houston Ship Channel is one of the… Read More
KEYFIELD International Bhd is acquiring mega trailing suction hopper dredger Inai Kenanga for US$24.7 million (RM99.7 million) cash, marking the group’s entry into the dredging industry. The 2016-built dredger, acquired from Inai Rimba Sdn Bhd (Receivers and Managers Appointed), has a hopper capacity of 32,205 cubic metres and was previously deployed for dredging and reclamation works… Read More
HOUSTON–(BUSINESS WIRE)–Port Houston today announced findings from a new Martin Associates economic impact study showing marine cargo activity through the public and private facilities along the Houston Ship Channel, collectively known as the Port of Houston, supported $986.9 billion in total U.S. annual economic value in 2025 and 3.53 million jobs. “The Houston Ship Channel is one… Read More
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that… Read More
The global Shore Power Market reached US$1,565.5 million (US$1.57 billion) in 2025 and is expected to reach US$2,747.8 million (US$2.75 billion) by 2033, growing at a CAGR of 6.6% during 2026-2033. The market is gaining momentum as ports and vessel operators seek to reduce emissions, lower fuel consumption at berth, improve air quality and comply… Read More
