Port Operator News
Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals
Morocco's leading port operator, Marsa Maroc, said on Tuesday it signed a deal to acquire a 45% stake in Spain's Boluda Maritime Terminals (BMT), a branch of Spain's Boluda Corporacion Maritima for 80 million euros ($94.01 million).The deal, approved by Marsa Maroc's board, is subject to regulatory clearance, the company said in a statement.BMT handled more than 1 million containers in 2024 through its nine terminals across mainland Spain and the Canary Islands.The acquisition would enable Marsa Maroc International Logistics (MMIL), the group's international expansion, to strengthen its positi
Protesters Disrupt Coal Shipment in Australia
One of Australia's biggest coal export ports will resume operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of Newcastle for a second day on Sunday.Climate activist group Rising Tide, which claimed responsibility for the latest protest, said hundreds of activists paddled kayaks into the shipping lane of Newcastle Harbour on Sunday morning, violating an exclusion zone.The port, 170 km (110 miles) north of New South Wales state capital Sydney…
Stena Line and ABP Start Work on Immingham Terminal
Stena Line, and the UK’s largest port operator, Associated British Ports (ABP), are to commence work on a new freight ferry terminal at the Port of Immingham. The new terminal represents a joint investment of more than £200 million ($265 million) in the port and a boost to the Humber region of England where the unaccompanied freight market has been steadily growing.Located in Lincolnshire, Immingham is becoming a strategic hub for Stena Line, which currently runs two daily services from the Humber region to The Netherlands.
Batteries: Looking Beyond Spinning Reserve
Mia Elg, R&D Manager at Deltamarin, says there’s not many of the company’s new designs, no matter what the vessel type is, that don’t include batteries.Installing smaller battery capacity to a diesel engine driven vessel with electrical power train can enable spinning reserve. Here, an optimal number of engines can be kept online, and the batteries can work as a black out preventer. This can save, depending on the type of the ship and operation, anything between a few percent…
Seabound Secures $1.48m Grant to Develop Carbon and Emissions Capture at Port of Southampton
Seabound has been awarded USD$1.48 million (£1.1 million) through Round 6 of the UK Government’s Clean Maritime Demonstration Competition (CMDC6). The funding will support a first-of-a-kind project between Seabound, STAX Engineering, and Associated British Ports (ABP) to integrate Seabound’s carbon capture technology with the STAX emission capture and control system at the Port of Southampton. The companies previously announced their plan to deploy these barges in collaboration with ABP at the inaugural Maritime UK Solent Coastal Powerhouse Summit.ABP…
CMA CGM Launches Electric River Barge with NIKE
CMA CGM has launched the first fully electric container barge in Vietnam, supported by the construction of a solar-powered charging station at the Cai Mep port, the country’s main container gateway near Ho Chi Minh City.As part of this initiative, CMA CGM has signed an agreement with its long-standing partner Gemadept, a key logistics and port operator in Vietnam, to establish a joint venture named Green River Transportation, which will operate the electric barge. The new entity will manage river transport services in the Mekong Delta.
Wilhelmshaven LNG Terminal 1 to Reopen After Scheduled Repair
Germany's Wilhelmshaven 1 liquefied natural gas terminal is set to reopen shortly after completing scheduled repair work on the superstructure on the jetty of its transhipment facility last week, according to a note on operator DET's website.It said that the regasification ship Hoegh Esperanza, which waited nearby during the four days of work, had returned to its mooring at midday on April 26."The Esperanza will now be connected to the superstructure and will soon be able to receive the next delivery from an LNG tanker, regasify it, and feed it into the German gas grid," said the note issued b
Battery Electric Tug Designed for Shandong Port
Robert Allan Ltd. has been awarded a contract to design an AmpRA 3600 battery-electric tug for Shandong Port Group – Rizhao Port Towing Company, in China.Two vessels will be constructed at Rizhao Gangda Shipbuilding Heavy Industry and will be the fifth and sixth tugs designed by Robert Allan Ltd. for this owner.Following on the development of the successful battery-electric and hybrid designs operation in Canada, Chile, Norway, The Netherlands, Türkiye, and the US, this new design…
WindPort, Port Esbjerg Team Up for Norwegian Offshore Wind
One of the world’s largest base ports for offshore wind activities Port of Esbjerg and Norwegian port operator WindPort have entered into a strategic partnership to accelerate offshore wind development in Norway.The partnership focuses on joint project development and knowledge sharing in areas such as quay design, logistics, sustainable energy practices, and new fuel technologies.Sharing knowledge and experiences to power and scale the offshore wind industry are at the core of the agreement.Port Esbjerg brings expertise in handling large offshore installations…
CK Hutchison Reports 11% Profit Drop in 2024
CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium.The telecoms-to-retail conglomerate, owned by billionaire Li Ka-shing, said this month it had agreed to sell most of its global ports business, including assets near the strategically important Panama Canal, in a deal that would garner the firm more than $19 billion in cash.Its shares initially rallied after the deal…
Breaking Down Black Rock's Deal to 'Reclaim' the Panama Canal
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.The deal will give the U.S. consortium control of key Panama Canal ports amid White House calls to remove them from what it says is Chinese ownership. The high purchase price sent CK Hutchison's stock up more than 20%."My administration will be reclaiming the Panama Canal, and we've already started doing it," Trump told the U.S.
170 Arrested in Coal Ship Blockade
A climate change protest off the coast of Australia's New South Wales State forced an inbound ship to turn back from the country's largest terminal for coal exports on Sunday, the port operator said.New South Wales police said 170 protesters were arrested on Sunday for refusing to move from the shipping channel near the Port of Newcastle.The port, some 170 km (105 miles) from the state capital Sydney, is the largest bulk shipping port on Australia's east coast.A Port of Newcastle…
CT Gateway Terminal wins $34M Grant for Zero-Emissions Equipment
Project will integrate electric assets, charging infrastructure and solar power equipment. Gateway Terminal in New Haven, CT, an Enstructure company, will receive funding to purchase and install electric equipment through the U.S. Environmental Protection Agency’s Clean Ports Program. The grant allocation includes $34,000,000 to purchase electric gantry cranes, material handlers and yard trucks, replace current diesel assets, and install solar panels as part of Enstructure’s progress towards zero emissions targets.
Adani Ports to Buy $185 Million Stake in Astro Offshore
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake, owns a fleet of 26 vessels including barges and workboats, counting miner NMDC and construction bellwether Larsen and Toubro as its customers."Astro will add... to our current fleet of 142 tugs and dredgers...
Red Sea Crisis Impacts Oman's Salalah Port
Oman's Salalah port reported a 16% decline in container volumes in the first half of the year as ships reroute around the southern tip of Africa to avoid missile and drone attacks in the Red Sea.The port, which is Oman's closest to the border with Yemen, handled 1.679 million shipping containers in the six months to June 30, compared with 1.999 million a year earlier, Salalah Port Services Co said on Thursday.Shipping lines that are avoiding the Red Sea area bypass the route where Salalah is located…
Canada's West Coast Port Strike Averted After Board Order
A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the country's industrial relations board found the union's strike notice was in violation of the labor code, the board said in an order."The Board directs the union to rescind its strike notice," Canada Industrial Relations Board (CIRB) said in the order, adding that the strike violated the Canada Labour Code.It said that the union - International Longshore and Warehouse Union Ship and Dock Foremen Local 514 - failed to bargain in good faith.The union did not immediately respond to a request f
Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge
TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge, which would take effect on July 1, could impact the cost of shipping goods through Brazil's main refrigerated container terminal, which is also the world's biggest chicken export corridor."We have already contacted CMA…
Green Shipping Corridors Planned Between UK and Ireland
NatPower Marine and Peel Ports Group have announced plans to establish the first “green shipping corridors” between Ireland and the UK.The proposed project would see NatPower Marine develop the UK’s first commercial electric ship (e-ship) charging network to support electric propulsion and shoreside power as part of a global network.The network – which would require an estimated £100m investment from NatPower Marine – would see this dedicated e-ship charging infrastructure delivered across all eight UK and Irish ports operated by Peel Ports Group.
Welsh Port Steps Closer to Becoming Floating Wind Hub
A project to transform the Port Talbot into a major hub for floating offshore wind (FLOW) and green energy development has come one step closer to securing a share of up to $200 million (£160 million) of UK Government funding.The UK Government has agreed to take forward the Future Port Talbot project and the Port of Cromarty Firth to undergo due diligence as part of the next stage of its Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS).The due diligence process…
Euroports and BlueFloat Forge Strategic Offshore Wind Alliance
One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe.The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish an offshore wind energy sector.Euroports, with its distinguished reputation as a premier offshore wind port operator…
Australian Climate Change Activists Disrupt Shipping at Coal Port
A climate change protest off Australia's east coast disrupted operations at the country's biggest coal export port on Saturday, the port operator said.Climate activist group Rising Tide, which claimed responsibility for the action, said around 1,500 people were at the protest, 300 of them in the shipping channel near the Port of Newcastle, as part of a 30-hour blockade set to run until 4 p.m. (0900 GMT) on Sunday.Climate change is a divisive issue in Australia, the world's biggest exporter of thermal coal behind Indonesia…
Putin Approves Transfer of State-owned Shares in Shipping Company to Rosatom
President Vladimir Putin signed on Wednesday a decree transferring to Russia's state nuclear power company Rosatom state-owned shares of the Far Eastern Shipping Company, parent company of transportation group Fesco.Fesco was formerly controlled by Ziyavudin Magomedov, who was convicted last year on organized crime and embezzlement charges and is serving a 19-year jail sentence following one of the highest-profile prosecutions of a Russian tycoon in years.Magamedov says the charges are unfounded and is appealing his conviction.
Jailed Russian Tycoon Launches $14B Lawsuit in UK Over Port Holdings
Russian tycoon Ziyavudin Magomedov, jailed at home in Russia, has launched a London lawsuit seeking nearly $14 billion over his holdings in valuable port operators, which he says were seized as part of a state-backed conspiracy.The businessman filed the lawsuit at London's High Court on July 20 against several defendants, including Russian state nuclear energy company Rosatom, oil pipeline operator Transneft, private equity firm TPG, and UAE-based port operator DP World.Magomedov…