"Higher energy prices are also adding to inflationary pressures that, along with power outages, could lead to loweri ndustrial activity and a slow down in the economic recovery," the IEA said
Grimaldi: "I am confident about our proposed purchase of the Greek ports of Heraklion and Igoumenitsa"
“Just a few days ago I met the owner of Kerkyra Lines, a company that operates on the Corfu-Igoumenitsa-Paxos and which transports 500 thousand passengers to Corfu alone, to start a collaboration relationship. But we are also committed to operations in other Italian ports because we want to grow more and more”
"I really don't think it's going to be resolved this year, DP World's Sultan Ahmed bin Sulayem told Reuters on the opening day of Expo in Dubai, itself delayed a year by the pandemic.
Dubai - Lebanese Prime Minister Najib Mikati said Iranian fuel shipments imported by the Hezbollah movement constitute a breach of Lebanon's sovereignty, according to comments published by his office
Milan - EU competition regulators on Friday gave the green light to a slimmed down successor to Alitalia and said the new state-owned airline was not liable for repaying 900 million euros ($1.1 billion) in illegal state aid received by its predecessor
Tripoli - Loading operations at the Libyan oil terminals of Es Sider and Ras Lanuf resumed on Friday after a stoppage, National Oil Corporation and two engineers at the ports said. Exports were still halted at a third terminal, Hariga, where people have blocked loading operations, an engineer there said. Libyan oil output has been over 1.3 million barrels per day for much of 2021
Beijing - Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019. More than 150 coronavirus cases have been reported in Guangdong province, a key manufacturing and exporting hub in southern China
The introduction of checks on some goods since neighbouring Britain left the European Union's trading orbit on Dec. 31 has led to a sharp fall in trade between the two countries and a big increase in shipping routes from Ireland to mainland Europe.
Exports in dollar terms soared 30.6% in March from a year earlier, but at a slower pace from a record 154.9% growth in February.
Adani’s Mundra port is the starkest example of a silent shift in cargo traffic growth from government-run to private ports.
The bidding deadline was set for April 6 following a postponement from late 2020. "Naturally, we are aware that this pandemic context is not the best for a tender of this nature," Jose Luis Cacho, president of the administration of the Ports of Sines and Algarve, told Reuters to explain the absence of offers.
Singapore has seen relatively few domestic COVID-19 cases since last year. The Singapore cruises are open only to its 5.7 million residents, who have been unable to leave the tiny country for leisure and have settled instead for activities like staycations and even indoor camping.
Mersin - The country’s Transport and Infrastructure Ministry stated that the capability of a port in Turkey’s southern Mersin province is going to be extended from 2.8 million to 3.6 million twenty-foot equivalent unit (TEU). Two mega container ships with a length of 400 meters (1,312 feet) is going to be capable to harbor at the same time at the Mersin International Port
Dubai - DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported basis and up 6.5% on a like-for-like basis. On a FY2020 basis, DP World handled 71.2 million TEU, flat year-on-year and up 0.2% on a like-for-like basis
Officials have said the explosion was caused by chemicals that went up in flames after being stored at the port in poor conditions for years. Combi Lift signed the contract to remove flammable and highly reactive chemicals from containers at the port, some of them in storage since 2009.
Mumbai - India's southern state of Andhra Pradesh will use a deepwater port to export rice for the first time in decades amid a global shortage of the grain, according to a government order seen by Reuters, which could raise shipments this year by a fifth. The order, issued late on Wednesday, allows Kakinada Deep Water Port to handle rice until more capacity is created at the adjoining Anchorage Port. Congestion at the Kakinada Anchorage Port
"Emergency services remain on site to monitor the area. Ship operations in Ringaskiddy (Deepwater Berth) have been suspended," the port authority said on Twitter.
London - 25% of ports have an increased share of empty container handlings due to the Covid crisis, reports an International Association of Ports and Harbours (IAPH) survey. The report had a 46.2% response from Europe, a 15.5% from Central and South America, 9.2% from North America, 18.4% from North Asia, South East Asia, and Australia, 9.2% from Africa, and 1.5% from Middle East-Central Asia
Rijeka - Croatia's Rijeka port will restart the procedure for selecting a concessionaire to develop and run the Zagreb Deep Sea container terminal. The board of directors of the Rijeka port has decided to cancel the current selection process and launch a new tender. In September, Luka Rijeka extended the procedure for selecting a concessionaire for the terminal until the end of the year due to the coronavirus pandemic
Ravenna - A major contract for the construction of the Ravenna Port Hub in Italy has been awarded to a consortium including DEME’s subsidiary Dredging International and Italian construction company Consorzio Stabile Grandi Lavori. The first phase of the project includes the excavation of five million m³ of sediments in the outer and inner channels
Alexandria - The long-term US$730M investment by Hutchison Ports and the Egyptian Government in a new container port near Alexandria marks yet another milestone in Africa’s growing role in the container trade
In the third quarter of this year the port terminals belonging to Eurokai have handled a container traffic equal to 2.77 million teu, with a decrease of -4.9% on the corresponding period of 2019.
Last month the container traffic in the port of Hong Kong was equal to 1.56 million teu, with a slight increase of + 0.7%
London - Turkey's two new economic czars will need a fresh crisis playbook if they are to keep the lira and the economy from plunging into deeper turmoil. The shock departure of finance minister Berat Albayrak, who is President Tayyip Erdogan's son-in-law, and central bank chief Murat Uysal over the weekend gave the lira its best day in over two years on Monday
Ningbo Zhoushan recorded a 22.9% year-on-year increase in rail and sea freight cargo volume in the first 10 months of the year, announced by China Railway Shanghai Group Co. Ltd
Rotterdam - The port of Rotterdam handled a total of 103.4 million tonnes of freight in the third quarter of 2020. Total throughput over the first nine months of the year stands at 322.3 million tonnes. This is 8.8% lower than the volume recorded in the equivalent period last year. The main throughput categories to record a decline in volumes were crude oil, iron ore, coal and mineral oil products
Jerusalem - Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday. The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties
Collapse of the Pilots Tower, the former head of the Italian Coast Guard sentenced to three years in prison
The sentence was decided in the context of the trial on the location of the Pilots Tower, the structure collapsed on May 7, 2013 after the collision with the Jolly Nero ship. 9 people died in the disaster
Le Havre - Four of the world’s largest gantry cranes recently arrived at the Port du Havre, France as part of the ongoing efforts design to expand the capabilities of France’s leading container port for foreign trade
It will take eight years to build: works will begin in November 2022 and will finish at the end of 2030. A long time for a complex work which, however, is defined as "fundamental for the historic port basin"
Mexico’s president on Tuesday said he would try to revoke a “100-year” concession from the company running the major port of Veracruz in the Gulf of Mexico
Beirut's blast destroyed Lebanon's only large grain silo, with plans for another in the country's second biggest port Tripoli shelved years ago due to a lack of funding
Hong Kong - Hutchison Port Holdings Trust (HPHT) has seen its overall container throughput decline and profit fall in the first half due to the severe slowdown in global trade amid the coronavirus (COVID-19) pandemic. From January to June 2020, throughout of HPH Trust ports overall was recorded at 10.28m teu, down 8% year-on-year
The Port of Rotterdam, Europe’s largest sea port, said on Thursday throughput had fallen as a result of the coronavirus pandemic
Testing of imported food for the novel coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports
At least seven ships have caught fire at the port of Bushehr in southern Iran
Thessaloniki - China Merchants Port Holdings (CMPort) held a virtual signing ceremony with the Thessaloniki Port Authority S.A.(ThPA) in Shenzhen, Greece and Hong Kong and signed two agreements on the strategic cooperation and port information system
Britain’s government has no plans to build a new lorry park in Dover, cabinet office minister Michael Gove said on Monday, adding that ministers would create infrastructure away from ports and instead inland
Britain will spend 705 million pounds (€790 million) on border infrastructure to help keep trade flowing after its transition deal with the European Union expires at the end of the year
Singapore - The Baltic Exchange, in collaboration with Xinhua, the Chinese state news agency, has published the 2020 Xinhua-Baltic International Shipping Centre Development (ISCD) Index. The index, in its 7th edition, provides an independent ranking of the performance of the world’s largest cities that offer port and shipping business services
Long Beach - The coronavirus pandemic continues to hammer U.S. west coast ports. The Port of Long Beach on Friday reported that 602,180 TEU was moved across its docks in June, making for an 11.1% decline compared to June 2019. Imports shrank 9.3% to 300,714 TEUs, exports dropped 12.2% to 117,538 TEUs, and empty containers shipped overseas to Asia were down 13.1% to 183,928 TEUs
Antwerp - The total throughput of the Port of Antwerp fell by 4.9% in the first half of the year compared to the same period in 2019. After a strong first quarter, the port experienced a decline in the transhipment of all flows of goods, with the exception of the container sector. Despite the impact of the coronavirus crisis on global production and logistics chains and a pandemic-driven drop in demand, the port remained 100% operational
Rotterdam - Port of Rotterdam said it will launch an application called the Secure Container Release, which it says is “significantly less susceptible to fraud” then the current widely used PIN-based method of verification. The three month pilot project will include some the biggest stakeholders in the maritime industry, including Ocean Network Express, CMA CGM, Hapag-Lloyd, MSC and Hutchison Ports
CMA CGM, the world’s fourth-largest container shipping line, said on Thursday it was withdrawing with immediate effect a port congestion surcharge for Cape Town
The port authority of Brazil’s second busiest port for grains and sugar, Paranaguá, said on Wednesday that two shiploaders at the port were displaced by strong winds
China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30
Container traffic in the port of Shanghai recorded in May a decrease for the sixth consecutive month being equal to 3,62 million teu
Last April, the effects of the Covid-19 pandemic on maritime traffic seem to have affected only marginally the activity of the German port of Bremen/Bremerhaven
Mombasa - Med Marine, Turkey’s leading tugboat builder, towage and pilotage operator has signed an exciting new deal with Kenya Ports Authority (KPA) for a brand-new Rastar 4200 (MED-A42120) tugboat
Piraeus - Greece’s largest port – Piraeus – saw marginal increase in the number of containers handled in the first quarter of 2020. Despite the great decline in international trade due to COVID-19, Piraeus managed to marginally increase the number of containers handled on an annual basis
On this trip, the ship “Eagle Brasilia”, coming from the port of Sullom Voe, in the United Kingdom, docked at the Liquid Bulk Terminal to unload 100 thousand tons of crude to the Sines refinery
Antwerp port trials wristbands for coronavirus social distancing Antwerp port trials wristbands for coronavirus social distancing
Workers in the port of Antwerp will next month begin testing wristbands developed by a Belgian technology company that could help guarantee the social distancing required during the COVID-19 pandemic
Singapore - Some oil refiners are picking up more crude cargoes at the last minute from locations nearby as uncertainty caused by the coronavirus outbreak discourages their more usual approach of making advanced orders
Rotterdam - In what the Port of Rotterdam called an “exceptional first quarter” the port experienced a 9.3% decrease in throughput compared with the same period for 2019. Throughput in the first quarter 2020 was 112.4 million tonnes compared with 123.9 million tonnes in 2019
The Saudi Ports Authority (Mawani) said on Monday it had signed an agreement worth more than 7 billion riyals ($1.9 billion) with Saudi Global Ports (SGP) to build and operate container terminals at a port in Dammam
Beijing - China’s ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country’s coronavirus lockdown as the global spread of the virus chokes off international demand
Global maritime charity Stella Maris (Apostleship of the Sea) has reached out to cruise ship crew members as many are left stranded on board with vessels not being allowed to berth at ports.
Transnet operates nearly three quarters of the African rail network, the bulk of which is in South Africa
Trump said a hospital ship will be sent to hard-hit New York to help people affected by the contagion, and that a second hospital ship will be deployed to the West Coast.
Genoa - In 2019 the Italian ports have handled about 403 million tons. It holds the container sector. Roro traffic , in the past years the spearhead of Italian port, shines less. Looking at the statistics of the Port network authorities, 2019 was the great year of cruises - an industry now stopped due to the effect of the coronavirus
Argentina is the one of the world’s leading exporters of grains, oilseeds and related products
Rijeka - The operator of Croatia's Rijeka port said it has received two bids in a tender for awarding concession contract to develop, operate and manage the new Zagreb Deep Sea container terminal (ZDSCT)
Con la ripartenza dei servizi di autotrasporto, i carichi arretrati “vengono rapidamente smaltiti”, restituendo quindi fluidità ai movimenti dei container
Beijing - China’s top container ports are loosening the backlog of cargoes on their docks as workers return to their jobs after coronavirus travel curbs that kept them away
Throughput in the Dutch port of Rotterdam flatlined in 2019 as slowing international trade halted many shipments from Asia in the last months of the year
Dubai is to take full control of port operator DP World (DPW.DI) in a deal with a $13.9 billion valuation that will help the company at the center of the emirate’s 2009 debt crisis to repay some of its borrowings
With the consignment of the East Breakwater enlargement, the expansion works will begin, thus allowing the port to double the containerized cargo installed capacity
Britain plans to announce the location of up to 10 post-Brexit freeports by the end this year so they can begin operating in 2021, the government said
During 2019, the port handled 5,231,418 loaded TEUs, surpassing the loaded imports handled by the Port of Long Beach, elevating the port to No. 2 in the nation for the first time in two decades
The Philippines said on Wednesday its ports remain open to all ships, even those from China, in order not to disrupt the cargo supply chain
A consortium of three companies has been awarded a contract for a $176 million project to build Egypt’s first dry port, the first of eight ports the government plans to set up
The Port of Long Beach navigated a trade dispute with China, new technology and evolving trade routes in 2019, culminating in its second-busiest year on record by moving more than 7.6 million twenty-foot equivalent units
Kozmino became operational in 2009 and is part of Russia’s plans to forge closer ties with the Asia Pacific region
With a 6th year record, growth in all cargotypes and a recent wave of investments, 2018 has been a "grand cru" year for the Port of Antwerp
The Ocean Alliance service handled by Eurogate Container Terminal Hamburg transferred to Antwerp, and the change to Maersk's sailing schedule "won't affect the traffic"
The Belgian port of Zeebrugge handled a total volume of 45.8 million tonnes in 2019. This 14.2 percent growth is the result of advancement in all important sectors
Pakistan has prohibited the use of open-loop scrubbers by ships in its waters, the latest country to tighten restrictions on the use of the cleaning devices which strip sulfur from marine fuel and empty the residue in the sea
The Hamburg Port Authority commissioned the dredging work to implement the fairway adjustment of the Lower and Outer Elbe in the area of the Port of Hamburg
2019 was a relatively safe year for shipping in the port of Rotterdam, with 29,491 sea-going vessels arriving compared to 29,476 last year
The Piraeus Port Authority, a subsidiary of China’s Cosco Shipping Group, anticipates a further increase in 2020, according to Deputy Manager for Public and Investor Relations Nektarios Demenopoulos
A new daily rail service has been introduced at Hutchison Ports Port of Felixstowe. The new connection runs to Maritime Transport's newly opened East Midlands Gateway
Georgia has ended an investment agreement with an international consortium for one of the biggest projects in the former Soviet country, the construction of a major deep sea port on the Black Sea coast
“This situation is creating vessel omissions and consequently a roll over situation for all export cargo,” Hapag-Lloyd says
The British Ports Association has issued its annual New Year’s message picking out some expected highlights for UK port authorities and operators in 2020
Back in August 2019, the managing director of Anzali Free Trade Zone said connecting the Caspian port to the North-South Corridor is expected to boost business transactions between Iran and its northern neighbors
Adani Ports and Special Economic Zone Limited, India’s largest port developer, operator and the logistics arm of the Adani Group, will be acquiring a controlling stake of 75% from the existing shareholders of KPCL
Poland's DCT Gdansk container terminal has reached 2 million containers in 2019 and thus become the first terminal in the Baltic Sea to cross the border of 2 million TEU serviced in one year
Brussels - The European Sea Ports Organisation announced it will put forward, in the coming weeks, concrete proposals on how to contribute in the best and most effective way to implement the objectives of the Green Deal published on 11 December
Helsinki - The technology group Wärtsilä will supply its Vessel Traffic Service (VTS) solution to Calais, the leading port in France for passenger traffic and the second largest port in Europe for RoRo vessel traffic
Shanghai - China’s index of export container transport dropped in the past week, according to the Shanghai Shipping Exchange.
Basra - Global terminal operator International Container Terminal Services Inc. (ICTSI) has inaugurated two new berths at the Iraqi port of Umm Qasr. The additional capacity allows the port to handle 14,000 teu capacity container vessels for the first time
Circular 16/E of 01.07.2019 of the Revenue Agency on the applicability of local taxes. By ASLA - Associazione degli Studi Legali Associati
Athens - Greece’s Port Planning and Development Committee has rejected a plan submitted by Cosco-controlled Piraeus Port Authority (PPA) to build a fourth container terminal at the port as part of a EUR800m ($881m) investment master plan
Guayaquil - Global terminal operator DP World has commenced operations at its new greenfield container port in Posorja, Ecuador, located near the approaches to Guayaquil. The $ 540 million first phase of the project entailed the construction of a 750,000 TEU capacity terminal
Los Angeles - The Port of Los Angeles, the busiest for ocean trade with China, processed fewer containers of imported goods in September as the prolonged U.S.-China trade war whipsaws global supply chains. Imports fell 2.9% to 402,320 TEUs, or 20-foot equivalent units, in September
Beijing - Cosco Shipping Ports Limited, the world’s leading ports operator, yesterday announced interim results of the Company and its subsidiaries for the six months ended 30 June 2019. Revenue was US$ 517.9 million +4.5% yoy
Beijing - Namibia’s newly inaugurated container terminal is set to boost the country’s trade prospects for both local and international clients once commissioned and open for business.
Athens - Cosco, the operator of Piraeus port, plans to build a fourth cargo pier, expanding its total investment in the port by 200 million euros to a total of 800 million, well-informed sources say.
“We are writing an important page in the history of ports”.
The projects envisioned by the Authority there are aimed at increasing space so as to accommodate a further increase in traffic, as its president, Carla Roncallo, explained.