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Busan agrees with Port of Rotterdam for new sustainable warehouse

The Port Authority of Busan issued with the the Port of Rotterdam Authority a Letter of Intent for the allocation of a 5 to 10 hectare site on the Maasvlakte Distribution Park West. It is the second LOI signed in a short time for this distribution site and defines it as a premium logistics location for property developers, investors, shippers and logistics service providers.

Port of Savannah marks container moving record in October

The Port of Savannah moved more container cargo in October than any other month in its history, with 413,800 TEUs crossing its docks. Containerized trade at the Port of Savannah has increased by 8% for the January-October 2018 period, totaling 1.53 million TEUs -up 113,000 compared to the same period last year.

India jumps 23 ranks in port development, World Bank report says

According to the World Bank report 2019 on Ease of Doing Business, India has jumped 23 ranks from 100 in 2017-18 to 77 in 2018-19. This indicates that the country is continuing its shift towards global standards. The report mentions that this improvement is mainly because of India’s reform agenda.

Port of Hamilton receives fund to improve port infrastructure

Canada’s Transport Minister Marc Garneau announced $17.7 million in the Port of Hamilton from the National Trade Corridors Fund. The investment will be matched by the Hamilton Port Authority, in support of the port’s $35.45 million Westport Modernization Project.

Oakland cancels coal terminal lease agreement

The City of Oakland has cancelled a lease agreement for a coal terminal which had raised controversy. The city said the it cancelled the project because of a lack of progress on the ground. The terminal was in courts from 2016, when Oakland voted to ban ship coal using city land.

BPA uncertain of Brexit deal consequences for ports

Ahead of the final arrangements for Brexit, the British Ports Authority said that it may take some before the industry can see what implications the final deal will have for ports. BPA’s Chief Executive, Richard Ballantyne, noted that currently there is uncertainty regarding the potential future cross-border processes.

Port of Long Beach awards $3 mil. to improve water quality around Long Beach

The Long Beach Board of Harbor Commissioners granted over $3 million in order to support four projects that will help improve water quality in and around Long Beach as part of the Port Community Grants Program. The $46.4 million program aims at reducing the environmental impacts of goods movement.

ICTSI to invest in two Philippine ports to boost cargo movement

International Container Terminal Services revealed plans to invest more than PHP5 billion to develop the Iloilo Port Complex and the Port of Dumangas in the province of Iloilo, Western Visayas, Philippines, as part of its aim to modernize the infrastructure of the ports and make them an international gateway concerning cargo movement.

Port of Oakland on a steady cargo flow despite conflict over tariffs

Despite the conflict between US and China concerning tariffs, the Port of Oakland keeps on having a steady cargo volume growth for a third year straight. However, it is of a great interest whether the steady flow can last in the future. The Port of Oakland addressed that its import volume is up 2.7% in comparison to 2017.

Temporary prohibitions at Port of Singapore

The Maritime and Port Authority of Singapore informed that the Port Master prohibits all vessels from transiting, anchoring or remaining within specific areas in the Eastern Anchorage and Eastern Holding C Anchorage. The prohibition will apply from 13 November 2018 to 15 November 2018.

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