Ports News
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Manufacturing the latest technical coastal cranes to receive huge ships at King Abdulaziz Port in Dammam
The Saudi International Ports Company (SGP) and Shanghai Shenhua Heavy Industries (ZPMC), under the supervision of the Saudi Ports Authority, signed today an agreement to manufacture three new coastal container cranes, the latest in technology in their quality, to receive huge ships at King Abdulaziz Port in Dammam The signing…
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Abu Dhabi port operator acquires stake in Egyptian shipping firms
Gulf countries are interested in buying Egyptian assets as the country’s economy falters. The Abu Dhabi-based port operator AD Ports Group has acquired a stake in two Egyptian companies. AD Ports Group announced today it acquired a 70% stake in International Associated Cargo Carrier B.V., which owns the Egyptian shipping company…
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India’s NIIF to acquire 22.5% stake in DP World’s HPPL for $300m
HPPL operates five container terminals in strategic locations, including Mumbai, Mundra, Chennai, and Cochin. DP World and India’s National Investment and Infrastructure Fund (NIIF) have announced the broadening of their existing partnership, with NIIF Master Fund investing primary capital of INR 22.5 billion[1] (approximately US$300 million) for a shareholding of…
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Neste invests € 1,9 billion in renewable products refinery
Air Products and Gunvor cooperate on Green Hydrogen Import Terminal in Rotterdam Neste Corporation has made the final investment decision to invest in new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. Neste’s current 1.4 million…
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Largest container ship “EVER ART” crosses the Suez Canal on its maiden voyage
Today, Thursday, Crossing the Suez Canal of 83 ships with a total net tonnage of 4.8 million tons Admiral Osama Rabie, Chairman of the Suez Canal Authority, announced that the navigation movement in the canal witnessed today, Thursday, the crossing of the giant container ship “EVER ART”, the latest and…
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Port of Rotterdam : The intermediate score – The top 10 projects in the energy transition
A CO2-neutral port in 2050: that is our goal. We are halfway through 2022. What projects are we working on in the port? Which projects make the difference? This is this year’s intermediate score. 1: New recycling plant for batteries TES, one of the world’s largest battery and electronic waste…
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African teamwork by Inchcape smooths the way for faster port turnarounds
Deviations found by customs and immigration officials boarding vessels can result in cumulative fines of as much as $20,000 per vessel on average. People’s power is a vital factor in expediting port calls efficiently in Africa, according to Inchcape Shipping Services’ Area General Manager Adrian Richter. “Our greatest asset is…
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