2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst reveals what lies ahead for tanker, dry bulk markets.

Gävle Doubling Its Container Capacity

Gävle is set to double its container capacity by the end of 2019 with an ongoing expansion project.

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DP World Adds Capacity at Jebel Ali Terminal

Dubai-based port and terminal operator DP World is stepping up container handling productivity at its flagship ...

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Report: Cochin Shipyard Eyes Expansion after IPO

India’s Cochin Shipyard is looking to expand its operations as it plans to establish new ship building and ...

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Fairview Terminal Expansion Completed at Rupert Port

Canada’s Port of Prince Rupert can now accommodate the largest container vessels in the world, following DP ...

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Westports Gets Green Light to Expand Container Facilities

Malaysian port operator Westports Holdings Berhad (Westports) informed that its wholly-owned subsidiary, Westports ...

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Samskip to Expand Norway Presence with Nor Lines Takeover

Rotterdam’s transportation firm Samskip plans to acquire activities associated with Norwegian shipping and ...

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Peel Ports Starts 2nd Phase of Liverpool2 Expansion

The UK-based Peel Ports Group has launched the second phase of its expansion programme at Liverpool2, dubbed one of ...

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Port Everglades Gets Nod for USD 438 Million Expansion

Florida’s Port Everglades has received unanimous approval from the Broward County Board of County ...

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11 New Services Added to Panama Canal

The Panama Canal has welcomed 11 new services through the waterway since its expansion, the canal authority said, ...

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TraPac Cleared to Expand Oakland Container Terminal

TraPac, an operator of the second largest marine terminal at the Californian Port of Oakland, has received approval ...

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PortMiami Wins USD 33 Mn in Future State Grants

A total of USD 33 million in State grants have been allocated to US East Coast PortMiami over the next five years, ...

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MOL Signs Deal for USD 988 Mn Loan

Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into an agreement for a JPY 100 billion (USD 988.6 ...

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Gate terminal Expands to Handle Small LNG Vessels

Gate terminal has expanded its LNG import facilities at the Massvlakte in Rotterdam to include a third berth and ...

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India’s Major Ports Poised for Expansion

India’s container port Jawaharlal Nehru Port Trust has finalized the terms of external commercial borrowing ...

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DP World Postpones Jebel Ali Expansion Project

Dubai-based port and terminal operator DP World has delayed the planned expansion of of its flagship port of Jebel ...

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ADB Provides Fund for Expansion of Maldives' Harbor

The Republic of the Maldives has received an approval for a USD 9.6 million grant from the Asian Development Bank ...

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Panama Canal's Third Set of Locks Fully Operable

Grupo Unidos por el Canal (GUPC), the contractor responsible for the Panama Canal expansion program, has brought to ...

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Yildirim Targets US Ports in USD 10Bn Expansion Move

Turkish port operator Yildirim Holding AS has set sights on the potential of the US ports, targeting Ports America ...

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Expanded Panama Canal to Open on June 26

The expanded Panama Canal will be officially inaugurated on Sunday, June 26, 2016, the Panama Canal Authority (ACP) ...

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DP World's Melbourne Terminal Geared Up for Volume Growth

DP World Australia’s new 30,000 sqm Melbourne terminal expansion was commissioned on 15 March, marking the ...

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Panama Canal's Systems Put Through Their Paces

Testing of all systems on the expanded Panama Canal project has been launched, the project’s contractor Grupo ...

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