Vancouver Fraser Port Authority has started dredging works in Burrard Inlet’s Second Narrows, beginning a project designed to improve shipping efficiency and allow cargo ships using the channel to load more fully. The project covers around 17,000 sq m along the northern and southern edges of the deep-sea navigation channel east of the Ironworkers Memorial… Read More
By Femi Fabunmi The Federal Government has approved the modernisation and upgrade of four ports outside Lagos, as well as the development of six new deep seaports across the country. The Minister of Marine and Blue Economy, Adegboyega Oyetola, announced the approvals in a statement posted on his official X account on Sunday. The four… Read More
The International Finance Corporation (IFC), the World Bank‘s private investment arm, has agreed to lend $70 million (Rs 670 crore) to state-run Jawaharlal Nehru Port Authority (JNPA), India’s busiest container gateway, to fund the installation of shore power supply (SPS) infrastructure across its terminals in what is being called as the first ‘blue financing’ in… Read More
By CAT MURPHY, Capital News Service WASHINGTON — Two and a half years after the Francis Scott Key Bridge collapse, members of Maryland’s congressional delegation are vowing to keep pursuing investments into the Port of Baltimore. The lawmakers met Thursday with port officials, members of the Army Corps of Engineers and other stakeholders to discuss ongoing… Read More
By Chimamkpam Umeh-Saboyo The Ogun State Government and global ports operator DP World have signed Memoranda of Understanding for the development of the Gateway Deep Sea Port and the Ogun State Blue Marine Special Economic Zone. The agreements, signed in Paris on Thursday, are expected to attract more than $7 billion in initial investment and… Read More
