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The Port of New Orleans said it has been awarded a federal grant for an additional US$226.2 million towards the building of the Louisiana International Terminal, or LIT.The U.S. Department of Transportation awarded the funding through the competitive grant program for Infrastructure for Rebuilding America (NFRA) discretionary grant program, part of the FAST Act to help rebuild U.S. infrastructure through funding intermodal freight and highway projects.The DOT previously awarded Port ...
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Despite a strong December, container volumes handled at Port Houston in 2023 fell 4 percent to 3.8 million TEUs, short of the port’s record-setting year in 2022.The decrease was attributed to a large drop in empty repositioning volumes, the port said, while its strong exports ...
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A.P. Moller Maersk held a naming ceremony for the Ane Maersk, the world’s first large methanol-enabled container vessel, at the HD Hyundai Heavy Industries shipyard in Ulsan, South Korea.The Ane Maersk is the first of 18 large-methanol-enabled Maersk vessels to be delivered through 2025. It ...
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Enstructure, a U.S. marine terminal and logistics company, has agreed with the Jacksonville Port Authority to lease and develop 79 acres of waterfront property at JAXPORT’s Tallyrand Marine TerminalEnstructure is parent company of Jacksonville-based Seonus Stevedoring, a JAXPORT tenant for 27 years, that operates 35 ...
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The U.S. Federal Maritime Commission will hold an informal public hearing on Feb. 7 to examine how conditions in the Red Sea and Gulf of Aden regions are impacting commercial shipping and global supply chains.The FMC is seeking input from supply chain stakeholders on how ...
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The CEOs of leading global shipping lines issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds, and urged the International Maritime Organization to create the regulatory conditions to accelerate the transition to green fuels.To achieve IMO’s 2030, 2040 ...
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New Port of Palm Beach Board Chair Wayne Richards inherits an ambitious project to more than double the amount of rail freight the port can process.
Elected at the Port of Palm Beach Board of Commissioners’ Jan. 18 meeting, Richards expressed appreciation to “lead the port ...
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Kicking off 2024, the Montreal Port Authority’s lead looked back at development on projects in 2023, and a look towards the Canadian port’s future.
Geneviève Deschamps, interim president and CEO, appointed in August, detailed a few projects in the port’s recent in-house publication, Logbook. Meanwhile, the ...
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The Port of Long Beach expect to ride the steel wheels towards becoming a zero-emission seaport, CEO Mario Cordero said Jan. 17 during his seventh state-of-the-port address.
Construction is expected to start this year on the Pier B On-Dock Rail Support Facility, which aims to move ...
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Maritime research and consulting service providerDrewry said its World Container Index increased 23 percent to US$3,777 per 40-foot container for the week of Jan. 18.
Drewry Supply Chain Advisors’ WCI composite increased 82 percent when compared to the same week last year. Further, the FEU rate ...
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