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Mawani signs privatization contracts for cargo terminals at eight Saudi ports

In a major step toward advancing Saudi Arabia’s logistics infrastructure, the Saudi Ports Authority (Mawani) has signed privatization contracts for multipurpose cargo terminals at...

Port of Long Beach approves $833 million budget

The Long Beach Board of Harbor Commissioners has approved an $833 million budget for fiscal year 2026, nearly half of which will go toward...

Savannah port tops for third consecutive month

The Port of Savannah moved 500,900 twenty-foot equivalent units in May 2025, marking the third consecutive month it surpassed the half-million TEU milestone. The figure...

Hanseatic Global Terminals to rebrand SAAM Operations in Latin America

Hanseatic Global Terminals (HGT) announced  that its subsidiary, SAAM Terminals, will officially rebrand under the HGT name effective 1 August 2025. As part of this...

Port Houston posts steady growth in May

Port Houston recorded another month of steady performance in May 2025, handling 381,640 TEUs, marking a 5% year-over-year increase. Year-to-date, the port has processed 1,837,813...

Malaysian ports record growth in Q1 2025

In the first quarter of 2025, Malaysian ports handled a total of 7.70 million TEUs, marking a 6% year-on-year increase. The strongest performance came from...

New terminal equipment en route to Abidjan

Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) has shipped two ship-to-shore gantry cranes and nine rubber-tyred gantry cranes to the Côte d’Ivoire Terminal in...

APM Terminals opens second mega berth at Valencia

APM Terminals Valencia has officially opened its second mega berth at the TCV Multipurpose Terminal, following the installation of two new cranes delivered and...

Hutchison Ports Terminal sale progresses amid scrutiny

The ongoing sale of Hutchison Ports’ overseas terminals to a consortium comprising MSC/TIL and BlackRock/GIP continues to evolve. With the 145-day exclusivity period set to...

Latvia and Germany strengthen maritime innovation ties

Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...

Thessaloniki port Revival: Balkan gateway reawakens

 For decades, Thessaloniki was a port with strategic promise but structural limitations, ideally located at the crossroads of Europe and the Balkans, yet constrained...

LX Pantos breaks ground on mega-scale new Port Eco logistics center in Busan

LX Pantos has begun construction of the New Port Eco Logistics Center within the West Container Terminal’s hinterland at Busan New Port. Scheduled for completion...

Latest Posts

Pacific supply glut to cause July rate plunge

Transpacific capacity already committed to entering the trades will see supply side growth of more than 30% on April levels even as demand has...

Gothenburg Port signs deal with Wallenius Wilhelmsen

A major development is underway at Scandinavia’s largest cargo hub as the Port of Gothenburg signs a long-term agreement with Wallenius Wilhelmsen, granting the...

Neptune Pacific to implement general rate increase

Neptune Pacific Line has announced it will apply a General Rate Increase (GRI) on cargo bound for Micronesia, the Marshall Islands, and the Solomon...

Asian waters see 86% rise in sea robbery in Jan-June period

A very alarming situation is prevailing in Asian waters, with ships and crews often falling in danger, breaking all past records of incidents.  Within a...

Maersk and Saudi Post join forces

Maersk Saudi Arabia and Saudi Post Company (SPL) have signed a strategic Memorandum of Understanding (MoU) to enhance logistics and supply chain services for...
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