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LAHORE: Local talent of Pakistan in the Ports and Shipping sector is significantly enhancing the efficiency of operations of ports in China, Hong Kong, and Saudi Arabia, successfully managing their remote vessel planning, yard planning, and documentation. “Hutchison Ports Pakistan’s commitment to advancing the industry and local talent in Pakistan is evident from the success… Read More
SAVANNAH, Ga (WSAV) Georgia is home to some of the United States’ top shipping ports. Whether it’s imports or exports, much of our nation’s goods are moved through our state either by ship or rail. The Port of Savannah is the third busiest container gateway in the country, and it’s about to get even bigger. The… Read More
The two institutions will provide finance to boost the country’s foreign trade through an expansion of the facilities at Uruguay’s premier port. The total outlay comes to $340 million. For this new project, BID Invest will provide $103 million to Terminal Cuenca del Plata S.A. (TCP). In addition, a further $46 million will be provided by BBVA. The… Read More
Seattle, Washington – Manson Construction Co. is honored to be selected as the contractor for the P-508 Floating Dry Dock Mooring Facility project. Awarded by Naval Facilities Command Southwest (NAVFAC SW), this $106.9M project at Naval Base San Diego (NBSD) includes a new ramp pier, retrofitting the mooring wharf, and support facilities for Southwest Regional… Read More
Chinese state-owned shipping firm COSCO has become the latest company to suspend its routes to Israel through the Red Sea due to the threat of Houthi attacks, it has been reported. The Yemen-based Houthis have launched a series of anti-ship ballistic missiles towards Red Sea shipping lanes which they say is in response to Israel’s military offensive… Read More
Maersk Tankers has acquired Penfield Marine to create a large-scale crude and product tanker company offering pool partners and cargo customers a wider range of services. The combined company will manage around 240 vessels, including approximately 45 vessels owned by affiliated companies. Together, Maersk Tankers and Penfield Marine will leverage their complementary capabilities to offer… Read More
The Arcadis Ost 1 wind farm off the coast of Rügen in Mecklenburg-Western Pomerania is now supplying its full capacity to the German electricity transmission system, providing consumers with an additional 250 MW of renewable energy. 50Hertz built the submarine and onshore cable connection to the Lubmin substation and worked with wind farm operator, Parkwind,… Read More
The offshore wind industry is hoping for new momentum in 2024 to counter the broken contracts, canceled wind farms and missed targets characterizing its last 18 months. While experts say the nascent industry is getting back on its feet after being thrashed by inflationary costs and an immature supply chain after the pandemic, the enormous… Read More
The Port of Tanjung Pelepas (PTP) has announced the appointment of Mark Hardiman as its new CEO, effective from January 2, 2024, succeeding Marco Neelsen who had served seven years in the role. Hardiman was previously the CEO at the Port of Salalah and has held various leadership positions in the Middle East. He was… Read More
As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) is inviting the public to review and comment on a draft potential development of six wind lease areas offshore New York and New Jersey, in an area known as… Read More