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The U.S. Maritime Administration, with a little extra funding from Congress, could do more to help speed up port development projects by clearing away bureaucratic obstacles to permitting, the agency's number two official said last month. MarAd last summer proposed the creation of a Port Improvement Enterprise Program that would allow the agency to...
The board of the International Finance Corp., part of the World Bank, on Thursday gave final approval for a $300 million loan to the Panama Canal Authority to support the expansion of the Panama Canal. The expansion project includes dredging the approaches to the canal, adding a new set of locks to handle bigger ships and widening navigat...
Monday's startup of collection of the Southern California ports' $35-per-TEU container tax has been delayed while officials from the ports of Long Beach and Los Angeles await resolution of outstanding regulatory issues, according to a statement issued Thursday by the agency set up to collect the tax. The container tax, to be collected by the non-pr...
Launching a new, “green” era in shipping at the Port of Long Beach, the “K” Line container vessel Long Beach Bridge on Tuesday, November 11, 2008, became the Port’s first ship to “plug in” to clean electrical power and shut down its diesel engines at berth for major air quality improvements. A dockside commissioning ceremony Tuesday at the Internatio...
Global marine terminal operator DP World together with senior U.S. Government officials yesterday formally commissioned state-of-the-art radiation scanners at DP World Caucedo that will be used to check container traffic at the port for nuclear material. The installation is part of the U.S. Department of Energy’s Megaports Initiative, run by the Natio...
Uruguay is set to upgrade facilities at its main port, Montevideo, to enhance efficiency and reduce maritime and river transportation costs, with support from a $US40m loan from the Inter-American Development Bank (IDB). The loan is for a 25-year term with a four-year grace period, at an adjustable interest rate. Local counterpart funds will total...
The landscape at the northern entrance to the Suez Canal may well be radically different from now to 25 years, if all goes according to a master plan drawn up to develop the area. This plan was announced by Egyptian Prime Minister Ahmed Nazif last week at an international conference held in the Mediterranean city and attended by dozens of Egy...
Northeastern China's Port of Jinzhou has been accepted by MSC, CMA CGM, NYK, MOL and OOCL as their base, Xinhua reported. Jinzhou port becomes the third in China after the ports of Tianjin and Dalian that is put on the base port list of the world's top ocean carriers. Jinzhou Port has been growing rapidly and breaking into the list of top 15 por...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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