By Mariana Express Lines
Two vessels owned by Mariana Express Lines (MELL), a subsidiary of Pacific International Lines (PIL), Kota Dunia and Selatan Damai, made successful maiden calls at the new Tibar Bay Port over two days from 14 September 2022 to 16 September 2022, to support the operational trials of this new deepwater port.
MELL has served Timor Leste for over a decade and is...
https://www.shippingaustralia.com.au/mariana-express-calls-at-new-tibar-bay-port-timor-leste/
DP World, Dubai-based port operator, and the government of Senegal have laid the first stone to mark the construction of the new Port of Ndayane, the largest single private investment in the…
https://www.offshore-energy.biz/dp-world-starts-1-bln-port-construction-in-senegal/
Dubai-based port developer DP World is finally ready to start the Banana port development along 37km coastline of the Democratic Republic of Congo (DRC). The post DP World set to kick off the…
https://www.offshore-energy.biz/dp-world-set-to-kick-off-the-banana-port-development/
Three new low profile Neo-Panamax cranes have begun their journey to Boston on a […] The post Making Boston big ship ready appeared first on Offshore Energy.
https://www.offshore-energy.biz/making-boston-big-ship-ready/
Following the successful completion of strengthening and dredging works to Berth 7 on Trinity […] The post Port of Felixstowe raises the bar appeared first on Offshore Energy.
https://www.offshore-energy.biz/port-of-felixstowe-raises-the-bar/
Brazil’s port and maritime logistics operator Wilson Sons revealed investment in an Israeli startup to measure navigational depth in ports. The post Wilson Sons takes stake in tech startup Docktech…
https://www.offshore-energy.biz/wilson-sons-takes-stake-in-a-tech-startup-docktech/
Shippers may be seething over perceived profiteering by shipping lines, but container ports remain more profitable and attractive to long-term investors, according to a new report.
Ocean Shipping Consultants’ (OSC) Port Sector Outlook 2021 paints a rosy picture for terminal operators, with volumes and profits holding steady despite the volatility from the Covid crisis.
“Shipping companies make for strong media interest, with high-profile consolidations and the evolution of vessel sizes dazzling...
As competition for Mediterranean container traffic heats up, CMA CGM is set to operate a new container terminal at Egypt’s port of Alexandria.
The French shipping group will manage the multipurpose, 1.5m teu capacity facility, Pier 55, with operations commencing next year.
It is the second major box terminal deal for Egypt in six months and follows Hutchison’s August deal to develop a $730m terminal at Abu Qir, just 20km away, with the …
The post CMA CGM to operate new box terminal at Egypt’s...
https://theloadstar.com/cma-cgm-to-operate-new-box-terminal-at-egypts-port-of-alexandria/
Maersk is not the only company moving into integrated products – DP World looks set to broaden its global portfolio and add logistics services, following a $4.5bn commitment to its investment platform with investor partner Caisse de Dépôt et Placement du Québec (CDPQ).
The additional funds will bring the platform, 55% held by DP World and 45% held by CDPQ, to $8.2bn.
In the past four years, the pair have invested in …
The post DP World set to move into logistics services as it eyes new...
New container port capacity will be scarce, on the back of the Covid-19 throughput fallout, according to Drewry.
As terminal operators around the world struggle for volumes amid blanked sailings, the analyst forecasts container port capacity expansion will; contract by at least 40% over the next five years.
While capacity is still projected to grow 2.1% during the period, an additional 25m teu a year, this is well below the capacity growth …
The post Box terminal capacity expansion plans sunk by...
https://theloadstar.com/box-terminal-capacity-expansion-plans-sunk-by-ripples-from-covid/