Ports Archives - Page 3 of 571 - Maritime Shipping News

AD Ports Group begins 2025 on a positive note

20 May 2025

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/

Houthis vow to target Haifa port in renewed threats against Israel

20 May 2025

Yemeni rebels warn vessels of all stripes to steer clear of major Israeli terminal

https://www.tradewindsnews.com/insurance/houthis-vow-to-target-haifa-port-in-renewed-threats-against-israel/2-1-1821624

Red Sea disruption hits Salalah volumes

19 May 2025

Over the first three months of 2025, Oman’s Port of Salalah handled 823,000 TEU, down from 878,000 TEU in the same period of 2024, a decrease of 6%. This drop is largely attributed to ongoing disruption to Red Sea trade.

In contrast the Salalah General Cargo Terminal handled 6.4 million tons during the first quarter of 2025, compared to 5.8 million during first three months of 2024, a growth rate of 11%. This is due to higher demand in export markets for dry bulk goods, including gypsum and...

https://www.themaritimestandard.com/red-sea-disruption-hits-salalah-volumes/

Port of Los Angeles Reports Strong April Volumes Ahead of Expected Trade Slowdown

19 May 2025

The Port of Los Angeles handled 842,806 Twenty-Foot Equivalent Units (TEUs) in April 2025, marking a 9.4% increase compared to the previous year and securing its position as the third-best…

https://gcaptain.com/port-of-los-angeles-reports-strong-april-volumes-ahead-of-expected-trade-slowdown/

First Gulf Coast LNG Bunker Fueling Facility Secures Final Permits for 2027 Start

19 May 2025

HOUSTON – The Galveston LNG Bunker Port (GLBP) has cleared its final regulatory hurdles after securing crucial permits from the U.S. Army Corps of Engineers and U.S. Coast Guard, setting…

https://gcaptain.com/first-gulf-coast-lng-bunker-fueling-facility-secures-final-permits-for-2027-start/

Investcorp to Invest in $500 million Expansion of Oman’s Port of Duqm

19 May 2025

Investcorp has entered an agreement to invest in the $550 million expansion of the Port of Duqm in Oman, the Middle East’s biggest alternative investment firm said on Monday, as it deepens investments in regional infrastructure assets.

https://gcaptain.com/investcorp-to-invest-in-500-million-expansion-of-omans-port-of-duqm/

Pennsylvania Extends Port Incentive Program, Doubling Down on Asian Trade Routes

16 May 2025

The Pennsylvania Department of Transportation (PennDOT) has announced the extension of its Intermodal Cargo Growth Incentive Program (PICGIP) until July 2027, continuing its efforts to boost containerized cargo movement through…

https://gcaptain.com/pennsylvania-extends-port-incentive-program-doubling-down-on-asian-trade-routes/

South Korean Shipbuilders HD Hyundai and Hanwha Pitch Port Cranes to Help Rebuild U.S. Maritime Sector

16 May 2025

HD Hyundai and Hanwha Ocean Co., South Korea’s two largest shipbuilders, offered their expertise to help boost the U.S. shipbuilding industry and port infrastructure.

https://gcaptain.com/south-korean-shipbuilders-hd-hyundai-and-hanwha-pitch-port-cranes-to-help-rebuild-u-s-maritime-sector/

Port of Long Beach Braces for May Slump Following Record-Breaking April

15 May 2025

The Port of Long Beach is anticipating a significant downturn in May shipments following its strongest April on record, as the effects of recently paused tariffs ripple through the supply…

https://gcaptain.com/port-of-long-beach-braces-for-may-slump-following-record-breaking-april/

DP World To Invest $760m in Dominican Republic Port of Caucedo

12 May 2025

Dubai-based DP World, a major international logistics company, has announced the launch of a Free Trade Zone in the Dominican Republic. A $760m investment will expand capacity at the Port of Caucedo from 2.5m TEUs (twenty-foot equivalent units) to 3.1m. The Free Trade Zone will expand onto 225...

https://gcaptain.com/dp-world-to-invest-760m-in-dominican-republic-port-of-caucedo/

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