Yilport Holding A.S., a subsidiary of Yildirim Group, has signed a letter of intent (LOI) with the Mississippi State Port Authority to allow for due diligence and negotiations regarding the potential location of Yilport at Gulfport, USA., which will become Yilport’s first terminal investment in North America. Strategically located on the northern Gulf of Mexico, […]
The Harbor Performance Enhancement Center (HPEC), a project proposed by the Port of Los Angeles on Terminal Island to minimize port congestion and increase cargo flow, has secured USD 130 mln in funding from Macquarie Principal Finance, a division of Macquarie Group, informs American Shipper. The HPEC is designed as a common container storage yard serving […]
The State of Delaware, USA, has reached a preliminary agreement with the Gulftainer Group to lease the Port of Wilmington, construct a new container terminal on the Delaware River and significantly expand jobs at the Port over the next decade, Governor John Carney and Secretary of State Jeffrey Bullock announced yesterday. The Port of Wilmington is […]
Elon Musk’s SpaceX entered into preliminary negotiations with the Port of Los Angeles to expand its existing facilities at the port with the aim to construct a manufacturing centre to produce what may become huge next-generation spaceships for missions to Mars. Although neither the port nor the company officials disclose what exactly will be produced […]
Two new ship-to-shore cranes were delivered to the Wando Welch Terminal in Charleston on 1 March 2018, the South Carolina Ports Authority (SCPA) informs. The neo-Panamax STS cranes are manufactured by Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC) in China and can lift containers 155 feet (47m) above the dock. Upon commissioning in June, the new […]
Port Newark Container Terminal (PNCT), jointly operated by Ports America and MSC’s ports arm TIL at the Port of New York and New Jersey, has recently introduced a truck slot reservation program. The new “FLEX Services” program allows terminal’s clients who pay USD 95.50 per container to be serviced first when PNCT opens at 6am. […]
The Port of Long Beach handled 7.54 mln TEU in 2017, which represents an 11.36% increase from 2016 and the highest total in the port’s 107-year history, breaking the old record of 7.3 mln TEU in 2007. Mario Cordero, the Port’s Executive Director, called 2017 a big year at the annual State of the Port […]
The CMA CGM Group completed the sale of its 90% equity interest in Global Gateway South terminal (GSS) at the port of Los Angeles, United States, informed the company on December 01, 2017. The stake was acquired by the infrastructure investment consortium – EQT Infrastructure III and its partner P5 Infrastructure – for an enterprise […]
The Port of Portland has announced that Swire Shipping will start a container service calling at the Port’s Terminal 6 since January 2018. The announcement follows the recent trade mission visit of the Oregon State’s Governor Kate Brown and the Port representatives to Hong Kong, where they met with Swire corporate executives. Located on the […]
The ZIM Antwerp container vessel of 10,062 TEU capacity passed under the newly raised Bayonne Bridge in New York last week and called at Maher terminals in the port of New York and New Jersey, reports ZIM. ZIM Antwerp became the first vessel of such size to call the facility. To mark the historic passage, […]
