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Port Shanghai first in ranking as world’s best-connected port

UNCTAD placed the Shanghai port first in 2019 ranking of the world’s best-connected ports, that was published on August 7. The Shanghai port garnered a connectivity score of 134 points, followed by the ports of Singapore (124.63 points), Pusan (114.45 points) in Korea and Ningbo (114.35 points), also in China.

Abu Dhabi’s KIZAD waives charges for 75% of services

Khalifa Industrial Zone Abu Dhabi (KIZAD), an Abu Dhabi Ports subsidiary announced that it has waived charges for 75% of services, following Abu Dhabi Government plan to attract further investment into the emirate. The new fee structure will be applicable from this month onwards.

Red Sea Gateway Terminal signs MoU boosting its maritime activity

The Red Sea Gateway Terminal (RSGT) signed a Memorandum of Understanding (MoU) with the Ministry of Bangladesh, according to which the former will evaluate investments in and provide assistance in operations to the South Asian nation’s expanding port sector.

Port of Long Beach starts project on-dock rail support facility

The Port of Long Beach is moving towards the construction of a new on-dock rail support yard that will better-assist the flow of cargo, improve roadway traffic and reduce emissions by decreasing trips. The Port of Long Beach gave the green light to two key contracts in early July, enabling the start of the engineering design work and program management of the Pier B On-Dock Rail Support Facility project.

Watch: APM Terminals Vado receives last cranes

As shown in the video, the Vado Gateway Terminal will receive its final three ship-to-shore cranes, hoping to become the next major logistics hub for the Mediterranean and Europe. APM Terminal’s aspire that the terminal will have an annual TEU capacity of about 1.1 million.

South Korea unveils plans for 12 ports investment

The South Korean Government announced plans for investments in 12 ports across the country. The expansion plans include the development of Busan as a mega-port, and the expansion of cargo handling capacity of the ports. The overall investment will reach the cost of 41.8 trillion ($35.2 billion).

EU grants €27.4 million to the Port of Galați

The European Commission announced that, under the EU State aid rules, it will provide a €27.4 million investment aid to Romania’s Port of Galați, the largest sea-river port in the country. The overall investment will cost €89.9 million.


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