Abu Dhabi Ports Acquires Spanish Logistics Firm to Further Global Expansion
By Leen Al-Rashdan (Bloomberg) — Abu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680 million, its second acquisition this month
gCaptain’s full coverage of global ports.
By Leen Al-Rashdan (Bloomberg) — Abu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680 million, its second acquisition this month
Imports through the Port of Los Angeles crashed by nearly a third in October to the lowest monthly level in more than a decade. Cargo volumes at the Port
Australia’s Fair Work Commission has ruled that Svitzer Australia, a subsidiary of Danish shipping giant A.P. Moller-Maersk, must scrap its plans for a
Towage operator Svitzer, an A.P. Moller-Maersk subsidiary, has announced an indefinite lockout of Australian harbor tug crews over an industrial labor dispute
Bucking the trend of falling inbound containers, the Port of Savannah recorded its second busiest month on record in October as the East Coast port continues
By Jeslyn Lerh (Reuters) Marine fuel sales in Singapore surged to a one-year high in October, latest official data showed on Monday, as more competitive prices
Containerized imports landing at the Port of Long Beach fell by nearly 24% last month amid reduced consumer demand and a shift of imported goods toward the
U.S. container imports tumbled again last month compared to a year ago as a decline in Chinese volumes continued to impact West Coast ports, according to new
The Port of Singapore is partnering with the Port of Los Angeles and Port of Long Beach to establish a “green corridor” to help tackle carbon
The National Retail Federation is forecasting that holiday spending will be healthy this year despite inflationary challenges and consumers shifting back to
The Port of Baltimore, one of the busiest in the country for roll/on-roll/off cargo, is set for a big boost to its container handling capacity. A new private
Port Houston has announced plans to start charging cargo owners with a dwell fee for import containers lingering at marine terminals beyond a free period to
Plans are taking shape for a West Coast wind port to serve as California’s first hub for offshore wind energy installations. Jacksonville,
NYCEDC, NEW YORK, NY—New York City Economic Development Corporation (NYCEDC) today announced that New York City has been selected for a $5.16 million federal
The Port of Long Beach announced Friday it will receive a $30.1 million grant from the U.S. Department of Transportation to deploy the nation’s largest fleet
by John Konrad (gCaptain) Today, U.S. Department of Transportation secretary Pete Buttigieg announced more than $703 million to fund 41 projects in 23 US
by Andreas Rinke (Reuters) German Chancellor Olaf Scholz on Thursday stressed the need for Europe to diversify its relations to ensure it is not dependent on
By Belén Carreño (Reuters) – Several ships carrying liquefied natural gas (LNG) anchored off Spain’s Bay of Cadiz are likely to stay there
While NATO and most of the international defense community – including US Secretary of Defense Lloyd Austin and US Transportation Command General Van
By Paul Burkhardt (Bloomberg) South Africa’s government said it has “no reason” to apply sanctions brought against Russian tycoon Alexey Mordashov and
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