Large US ports face the prospect of less federal support for dredging and maintenance projects next year if Congress doesn’t ensure fairer distribution of monies from a government-run maintenance fund, lawmakers were told Wednesday. Port of Long Beach Chief Operating Officer Noel Hacegaba told the House Transportation and Infrastructure Committee that Congress needs to require… Read More
President Trump’s push to loosen China’s influence in the Panama Canal has hit a wall now that Beijing is demanding that China’s largest shipping company get a controlling stake in a deal to sell dozens of ports to a BlackRock BLK -1.30%decrease; red down pointing triangle-led group. The proposed sale includes two ports at the Panama Canal and more… Read More
BRAZILIAN Minister of Ports and Airports, Silvio Costa Filho, announced a new private investment of R$948 million by the International Container Terminal Services Inc. (ICTSI) to expand and modernize the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro. The project, scheduled for 2025–2029, is set to increase the terminal’s capacity by 70.5… Read More
FORT LAUDERDALE, FL – Broward County’s Port Everglades has set a powerful new benchmark for performance, breaking its own records across all three of its core business sectors – cruise, cargo and energy – based on preliminary Fiscal Year 2025 numbers. For the first time in the port’s recent history, Port Everglades simultaneously surpassed its highest volumes in… Read More
Abu Dhabi, UAE – AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, today announced the signing of a Memorandum of Understanding (MoU) with the Kuwait Ports Authority (KPA), the principal developer and operator of commercial ports and logistics zones, to explore the development and operation of container… Read More
