Iran to build new port on coast of Persian Gulf
TEHRAN : Iran plans to build a new port in the county of Bandar-e Lengeh on the Persian Gulf coast in Hormozgan Province, the director of the province’s Ports and Maritime Organization, Mojtaba Salari,
Port of Rotterdam increases its share in Rotterdam Shore Power
ROTTERDAM : The Port of Rotterdam Authority has increased its share in Rotterdam Shore Power (RSP), a joint venture between Eneco and the Port Authority, from 20% to 50%. The partners, who now have
Port of Melbourne proceeds with rail project
MELBOURNE : The Port of Melbourne has achieved progress with the Port Rail Transformation Project (PRTP) with the formal launch of a new permanent two-way, single-lane in each direction port vehicle road connecting the
Ports of Los Angeles and Long Beach terminals shut down as workers fail to show up for shifts
CALIFORNIA: Starting with the Thursday evening shift, an insufficient number of port workers showed up to work at the ports of Los Angeles and Long Beach to carry out operations. Those workers that did
SIPG profits up 17% in 2022
SHANGHAI : Shanghai International Port Group (SIPG) reported a record RMB17.2bn net profit in the past year, an increase of 17.31% year-on-year. In 2022 container volume at SIPG was 47.3m teu, groing 0.6% year-on-year, exceeding 40m
AD Ports secures US$2 billion corporate facility deal with banks syndicate
ABU DHABI : AD Ports Group has signed a General Corporate Facility deal with a consortium of 13 regional and foreign banks. The multi-currency facility, worth approximately US$2 billion, is divided into three tranches
COSCO Shipping Ports exceeds 130 million TEUs in 2022, reports annual revenue of US$1.4 billion
SHANGHAI : COSCO SHIPPING Ports, a global port operator, released its annual results for the fiscal year that concluded on 31 December 2022. The Chinese port giant said that in 2022 its total throughput
AD Ports Group Invests in Latest VTMIS Technology to Enhance Maritime Safety and Efficiency
ABU DHABI : AD Ports Group is to implement a state-of-the-art Vessel Traffic Management Information System (VTMIS) across its UAE operations, as the company continues to invest in innovative solutions to drive safety, security