Oil company boss hails greater flexibility in ‘complicated’ energy market
Ports
U.S. Container Import Growth Set to Reverse as Tariffs and Ship Fees Loom
Despite strong growth in early 2025, U.S. container ports are bracing for significant volume declines due to new tariffs and planned shipping fees. The ten largest U.S. container ports recorded…
https://gcaptain.com/u-s-container-import-growth-set-to-reverse-as-tariffs-and-ship-fees-loom/
Port of Savannah Sets New Container Volume Record
The Georgia Ports Authority (GPA) reported record-breaking container volumes at the Port of Savannah, handling 515,500 TEUs in April 2025, marking a 17 percent increase from the previous year. The…
https://gcaptain.com/port-of-savannah-sets-new-container-volume-record/
Pulling plug on LPG terminal a tough decision, says BW LPG boss Kristian Sorensen
CEO questioned on earnings call about aborted participation in project at JNPA
BW LPG scraps Indian gas terminal investment over ‘market uncertainties’
Singapore VLGC giant focussing on core operations by pulling out of joint-venture project
RAK Ports and Hutchison sign long term Saqr Port extension
RAK Ports, in Ras Al Khaimah, UAE, and international ports operator, Hutchison Port Holdings have signed an agreement reaffirming a long-standing partnership that will see Hutchison continue to operate container terminal services at Saqr Port through to 2037.
Saqr Port, one of the largest bulk-handling port in the Middle East, aims to position itself as a container trade gateway with direct connections to major markets. It cites a recently launched container service to India’s Mundra Port, as a...
https://www.themaritimestandard.com/rak-ports-and-hutchison-sign-long-term-saqr-port-extension/
KEZAD East Port Said Zone deal agreed
AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) have signed a key agreement, to develop and operate a 20 km2 industrial and logistics park near the Egyptian coastal city of Port Said.
The East Port Said Industrial Zone is expected to provide an opportunity to turn the Mediterranean Sea location into an important hub for international trade and investments, serving the East-West trade routes, right at the entrance of the Suez Canal.
Under the terms of the agreement,...
https://www.themaritimestandard.com/kezad-east-port-said-zone-deal-agreed/
Syria signs Tartous deal with DP World
Syria’s General Authority for Land and Sea Ports signed a memorandum of understanding (MOU) with DP World worth US $800 million, a strategic step aimed at strengthening port infrastructure and logistics services in the country.
The memorandum includes a comprehensive program of investment in the development, management, and operation of a multi-purpose terminal at Tatous Port, increasing both efficiency and capacity, and enhancing its role as a hub for regional and international trade.
The two...
https://www.themaritimestandard.com/syria-signs-tartous-deal-with-dp-world/
DP World Sokhna delivers record breaking throughput
DP World Sokhna in Egypt handled a record-breaking 285,000 TEU in the first three months of 2025, the highest quarterly volume in nearly two decades of operating the port.
The figure represents a 26% increase over planned volumes, underscoring the port’s growing strategic role in facilitating trade for the region and supporting Egypt’s economic growth. A major driver of growth has been refrigerated container exports, as the country solidifies its standing as one of the world’s leading citrus...
https://www.themaritimestandard.com/dp-world-sokhna-delivers-record-breaking-throughput/
AD Ports Group begins 2025 on a positive note
Building on the momentum set by its record financial performance in 2024, AD Ports Group has started 2025 with impressive double-digit growth. Overall Group revenue reached AED 4.60 billion in the first quarter of 2025, growing by 18% while total net profit jumped 16% to AED 464 million.
Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, said: “The solid growth in the first quarter was driven by our Ports, Economic Cities & Free Zones, and Maritime & Shipping clusters, which...
https://www.themaritimestandard.com/ad-ports-group-begins-2025-on-a-positive-note/