The port is expected to boost Senegal’s GDP by 3 per cent, increasing trade flows and potentially adding $15 bn in trade value by 2035 DP World has commenced maritime works at the Port of Ndayane, marking a major step in the development of the $1.2bn project aimed at transforming Senegal into a significant global… Read More
Napier Port and Port Otago have formed a joint venture to build and purchase a $36 million state-of-the-art trailing suction hopper dredge from Dutch shipbuilders Damen Shipyards. The partnership builds on a long-standing collaborative relationship between the two ports and will see formation of a new dredging company, via a Limited Partnership Agreement. Given New… Read More
The last time President-elect Donald Trump used tariffs to wage the US-China trade war, it upended US ports. Suppliers rushed to frontload inventory ahead of implementation dates, straining infrastructure ill-equipped to handle the volume surge. The COVID pandemic only accelerated the untangling of global supply chains. Logistics firms say the lessons from those experiences and the changes… Read More
The Board of Commissioners for the Port Authority of New York and New Jersey approved a $9.4 billion budget for the coming year, including more than $4 billion in operating expenses, $3.6 billion in capital expenses and $1.7 billion for debt service and deferred expenses. The 2025 budget approval follows more than a month of… Read More
GREER, S.C. (FOX Carolina) – South Carolina Ports said it is investing to expand Inland Port Greer to meet market demands. According to officials, the expansion will include more cargo and rail capabilities to support customers’ growth in the Upstate and beyond, giving shippers direct access to the Port of Charleston. “Having this rail connection… Read More
