The Europe an Council has cleared AP Møller's acquisition of a 30 percent stake in a container terminal under construction in the German port of Wilhelmshaven.
The Grand Alliance has added a ninth 6,200 TEU vessel to its Japan-North Europe Service (EU1), in a bid to reduce emissions and increase service quality.
The cost to transport crude oil from the Caribbean on Aframax tankers surged last week as delays at Gulf Coast ports forced charterers to hire additional ships.
The ports and docks federation of France's CGT union confederation has called on its members to stage a two-day strike on Tuesday and Wednesday to coincide with the presentation of the government's port reform bill to the National Assembly.
Neste Oil Corp. from Finland announced plans to build a $1 billion plant at Rotterdam Maasvlakte. Construction of the plant will begin immediately and it is expected to be completed in 2011. Last year, the company announced plans for a similar plant in Singapore. The Rotterdam plant will have an annual capacity of 800,000 tons of renewable diesel fuel and will use palm oil, rapeseed oil and animal fat as raw materials. Neste has said that by 2020 it aims to use only non-food raw materials.
Shipyard workers in Turkey are holding a one-day strike to protest working conditions on Monday in Istanbul's Tuzla district, where 21 workers were killed in accidents in the last nine months.
Shares in STX Corp and its affiliates plunged across the board Monday after the company said in a filing to the Korea Exchange that it plans to issue 5.39 million new shares to raise 307.8 billion won ($295.5 million) in capital.
Daewoo Shipbuilding and Marine Engineering Co. said on Monday it had won a 697.3 billion won ($669.3 million) order to build a drill ship for an unidentified company in the Oceania region.
Realization of the project of the gas pipeline "Sakhalin - Khabarovsk - Vladivostok," and in future - the gas pipeline "Yakutia - Khabarovsk -Vladivostok" makes favourable opportunity for organization of prospective extra deliveries of gas from Russia to Japan.
Gazprom plans to increase natural gas production by 100bn cubic meters by 2020 thanks to the development of new gas fields, the deputy head of the Russian energy holding's strategic development department Sergei Pankratov told a press conference in Moscow today according to RBC.
Taking X-ray type images and radiation reads of every container bound for the United States only makes sense for a limited number of foreign ports, fails to capture transshipped cargo and presents enormous implementation costs for governments and industry, Bush administration officials said Thursday.
The U.S. Federal Maritime Commission said Maher Terminal has filed a compliant against its landlord, the Port Authority of New York and New Jersey.
A Port of Long Beach public hearing to discuss environmental impacts of a nearly $760 million marine terminal redevelopment project drew cheers and sneers from about 100 people Wednesday evening.
Dubai Ports World, one of the top three global marine terminal operators in terms of container throughput, announced it has been certified by the U.S. government for meeting the minimum-security guidelines of the Customs-Trade Partnership Against Terrorism.
Southampton Container Terminals, the United KingdomĄ¯s second-largest container terminal, will July 1 change its name to DP World Southampton.
The American Association of Port Authorities said its AAPA Congress of Latin American Ports will be held in Panama City, Panama, June 17-21.
Sunteck Transport Group, a non-asset-based provider of transportation services based in Jacksonville, Fla., has appointed David A. Less as chief information officer and vice president.
Iron ore shipments on the Great Lakes increased 15 percent to 7.3 million net tons in May, compared to a year ago, according to the Lake Carriers' Association. The association said strong demand and a rising Lake Superior produced the surge. Meanwhile shipments of limestone totaled 4.2 million net tons in May, down 3.4 percent compared to a year ago.
A nationwide strike by South Korean truckers has all but shut down the East Asian nation's ports and cargo movement, the Korea Herald reported Friday.
Brussels Cargo, the cargo arm of Brussels Airlines, has launched a saylight Courier service to six cities across Europe.