The Cyprus flag has continued to demonstrate resilience and steady growth over the last two years. Cyprus recorded a 20% rise in terms of gross tonnage in ship registrations, reaching the highest point of the last 20 years, driven by expanded global services and efforts to build closer ties with shipowners.
The latest data from consultancy Project44 shows that blank sailings have surged to new heights as demand on U.S.-China routes has fallen. The blanks for October are on track to exceed levels seen during the early months of the COVID-19 pandemic, when consumer demand in the West cratered and imports fell off quickly.
The latest acquisitions cements Boluda as the world’s largest operator in the towage sector.
The new cranes have the largest outreach of any port equipment operated in Ecuador.
Manila-headquartered International Container Terminal Services Inc (ICTSI) has secured a 25-year extension for its concession agreements to operate Subic Bay’s two container terminals, NCT-1 and NCT-2.
US Customs provided over the weekend more details about the upcoming hiked port fees for Chinese-linked tonnage, due to come into effect next week.
The Port of Los Angeles is seeking proposals from interested parties to participate in the pre-development of Pier 500, a proposed new stand-alone marine container terminal along the Pier 400 Channel.
India has launched its most ambitious reform to date in the shipbuilding and maritime sector, with the Union Cabinet approving on September 24 a comprehensive package of Rs.69,725 crore (around $8bn) to revitalize the country’s shipbuilding.
Please be advised that due to a potential lashing strike in the Rotterdam terminal on the 8th and 9th October, it has been decided M/V Kalahari Express v.253N/254S will perform a change of rotation, advancing her Rotterdam call prior to the London Gateway call.
NYCEDC is seeking interest from a possible operator/developer and tenants as it work to revitalize the Brooklyn Marine Terminal (NYCEDC)
