At least four tankers transporting diesel and jet fuel from the Middle East and India to Europe are taking the longer route around Africa to avoid the Red Sea, ship tracking data show. Diversions around the Cape of Good Hope can lengthen tanker voyages to Europe by up to three weeks, leading to...
https://www.hellenicshippingnews.com/europe-bound-diesel-jet-fuel-cargoes-divert-from-red-sea/
With simultaneous calls by the vessels Maersk Essen and MSC Valentina, both measuring 366 meters long, San Antonio Terminal Internacional (STI) brought a challenging 2023 to a close. This is a new milestone, as it is the second time in the port’s history that this type of operation has taken place....
In November 2023, Pilbara Ports recorded a total monthly throughput of 61.5 million tonnes (Mt), indicating a four percent decrease compared to the same period in 2022.
Specifically, the Port of Port Hedland contributed a monthly throughput of 45.8Mt, with 44.9Mt attributed to iron ore exports.
This represented a five percent decline in total throughput compared to November 2022. Notably, imports through the Port of Port Hedland saw a two percent increase, reaching 185,000 tonnes.
Meanwhile, the...
https://container-news.com/pilbara-ports-november-2023-throughput-reaches-61-5mt/
Supply chain and logistics services provider BEST Inc said that its largest sorting center in Southeast Asia, which is located in Selangor, the most developed state in Malaysia is slated to open in 2024. In addition to build a 220,000-square-meter facility in Malaysia, the company aims to connect...
https://www.hellenicshippingnews.com/best-charts-ambitious-logistics-roadmap-in-southeast-asia/
China’s first indigenously developed automated container terminal in Qingdao, Shandong province, began operations on Wednesday, marking a significant step forward by the nation in achieving core competitiveness in the ports sector, the port operator said. The third phase of the automated terminal...
https://www.hellenicshippingnews.com/qingdao-automated-container-terminal-starts-operations/
India’s largest private port operator Adani Ports and Special Economic Zone has moved one step closer to returning to the corporate bond market, as it has received ratings earlier this week for a planned debt issue. Rating agency ICRA has assigned AA+ rating for 100 billion rupees ($1.20 billion)...
https://www.hellenicshippingnews.com/indias-adani-ports-receives-ratings-for-planned-bond-issue/
Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year.
While loaded export TEUs for November experienced a 2% decline from the same period last year, the overall export performance for 2023 remained robust, witnessing a 9% increase compared to the previous year, totalling 1,268,034 TEUs year-to-date.
The demand for Houston’s exports continues to be primarily fuelled by the region’s production of resins...
https://container-news.com/port-houston-manages-nearly-3-5-million-teus-in-november/
Year 2023 is coming to a close with a significant rise in exports of household utensils through Rio Grande Container Terminal owned by Wilson Sons, a leader in port and maritime logistics in Brazil. Between January and November, there was a 287% increase compared to the same period in 2022. This...
AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, has today announced that it has signed a definitive concession agreement with the Red Sea Ports Authority (“RSPA”) for the development and operation of a multi-purpose terminal at Safaga Sea Port....
AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry has completed a comprehensive environmental and social impact assessment (ESIA), as part of their 30-year concession agreement with the Red Sea Port Authority (RSPA) for the development and operation of a...