News
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Biden administration boating proposal would be ‘greatest regulatory overreach’
Proposed regulation aims to prevent boats from hitting endangered right whales This would be the greatest regulatory overreach in American maritime law” — that’s how Frank Hugelmeyer describes a proposal by the Biden administration to limit the speed of all motorboats over 35 feet from Florida to Massachusetts. “Not only…
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Global Ports Announces the Acquisition of Eurobonds
Global Ports Investments PLC (“Global Ports” or the “Company” and, together with its subsidiaries and joint ventures, the “Group”) (LSE ticker: GLPR) today announces that the Group has purchased in the open market U.S.$ 198,399,000.00 of U.S.$ 350,000,000 6.50 per cent Guaranteed Notes due in 2023 (the “Notes”) issued by…
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Cory places order for two Damen Shoalbuster 2208 multi-purpose workboats
Cory, one of the UK’s leading waste management and recycling companies, has placed an order for two additional Damen Shoalbuster 2208S multi-purpose workboats to join its existing fleet The new vessels will join four Shoalbusters 2208S that Cory Group bought ten years ago to undertake the same role. They will…
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First ship with Russian fertilizers for Africa to arrive on December 31
The MV Greenwich vessel carrying the first batch of Russian fertilizers for Africa has left the port city of Gqeberha (formerly Port Elizabeth) in South Africa’s Eastern Cape Province and is scheduled to arrive to Mozambique on December 31, TASS reports referring to a Gqeberha port official. “The vessel made…
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America’s Cup end of year report
It has been a very busy lead up to the Christmas break with the America’s Cup teams all at full tilt either on the water or in preparation for what is shaping up to be a very intense New Year. Here’s a brief recap of where all the teams are…
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Rabih receives Ambassador Soha Gendy, Minister of Immigration and the second and third generation of Egyptians residing in Canada
The Ministry of State for Immigration and Egyptians Abroad Affairs organized a visit to the Suez Canal for a delegation comprising 54 second and third generation Egyptians residing in Canada. ِ Admiral Osama Rabie, Chairman of the Suez Canal Authority,( SCA ) received today, Tuesday, Ambassador Suha Gendy, Minister of…
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Carnival’s Mardi Gras Voted Best Overall Cruise Ship of 2022
Carnival Cruise Line’s first Excel-class vessel, Mardi Gras, has come out on top in Cruise Hive’s annual Cruise Ship Awards for the second consecutive year. Readers have voted the Carnival vessel the best overall cruise ship of 2022. Cruisehive reported The LNG-powered vessel beats out ships from other major lines,…
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Maersk to strengthen its Saudi Arabia operations with a new Cold Storage Facility at Mawani’s King Abdulaziz Port
The 13,300 sq. m. Cold Storage facility will be designed to handle 8,000 FFEs (Forty Feet Equivalent containers) and 168,000 pallet positions annually at Saudi Arabia’s second-largest port for refrigerated containers (Reefers). Dammam: A. P. Moller – Maersk (Maersk), a global integrator of container logistics, today signed an agreement with…
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COSCO completes the second phase of its project to create a green energy hub in the Port of Tianjin
COSCO Shipping completed the second phase of its project to create a green energy hub that the Port of Tianjin. One of China’s ten largest seaports and its northernmost port, COSCO is converting the terminals to operate on sustainable energy. Early in December, COSCO reports it completed the construction and…
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PORT OF LA AWARDS $6 MILLION TO FUND 22 ZERO-EMISSION TRUCKS
SAN PEDRO, Calif. – The Port of Los Angeles has awarded a total of $6 million to two trucking companies and their truck manufacturer partners to speed up the transition to zero-emission (ZE) drayage trucks serving the nation’s busiest container port. The grants will defray the cost of putting 22…
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