As it faces the possibility of a 25 percent tariff on its exports, South Korea has taken notice of President Trump’s stated goal to revive U.S. shipbuilding. As South Korea prepares for trade talks with the United States next week, it thinks it has a way to appeal directly to President Trump: through its thriving… Read More
The Chattogram Port Authority (CPA) is scheduled to sign a contract with Japanese firms Penta-Ocean Ltd and TOA Corporation on April 22 in Dhaka for the construction of Bangladesh’s first deep-sea port in Matarbari, Cox’s Bazar, according to THE BUSINESS STANDARD. The project, approved in 2020, has a total estimated cost of Tk24,300 crore, with the… Read More
The Port of Charleston has completed a 14-month project to install a new toe wall at Wando Welch Terminal, strengthening it to handle bigger ships and maintain deeper depths, the South Carolina Ports Authority announced this week. CSX and Norfolk Southern Railway serve Wando Welch, SC Ports’ largest container terminal. The new steel wall runs along the terminal’s wharf. Additional… Read More
President Donald Trump has extended a ban on Russian ships docking in U.S. ports, citing national security concerns. The move, announced in a U.S. Federal Register document published Thursday, continues a policy first enacted by his predecessor, Joe Biden, in response to Russia’s full-scale invasion of Ukraine. The ban prohibits vessels owned or linked to Russia from docking along… Read More
The board of directors of Indian integrated transport utility company Adani Ports and Special Economic Zone (APSEZ) has approved the acquisition of Abbot Point Port Holdings (APPH) from Carmichael Rail and Port Singapore Holdings (CRPSHPL). APPH holds the entities that own and operate the North Queensland Export Terminal (NQXT), a dedicated export terminal with a… Read More
