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Thursday, April 25, 2024

Port Authority

A port authority operates ports and other transportation infrastructure for a special-purpose district. Whether operated directly by the government or in cooperation with government agencies, North American port authorities are public entities and are governed by a board or commission. Most port authorities are financially autonomous. Port districts may also operate shipping terminals, airports, railroads, and irrigation facilities. The port authority often owns land, dictates fees, and collects taxes.

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Energy Transition: LNG Prices Plummet, Dual-fuel LNG Newbuilds Rise

Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices…

L-R: Mark Schrupp, executive director Port of Detroit, and Rob Moorcroft, Tunley Environmental, speak at Ports of Future Conference in Houston April 2024 (Photo: Port of Detroit)

Port of Detroit Unveils Plan to Decarbonize Operations

The Detroit/Wayne County Port Authority on Monday revealed details of a program to…

© Aleksandr / Adobe Stock

Singapore Plans Big Build-up Of Methanol Bunker Supply

Singapore has the potential to supply over 1 million metric tons of low-carbon methanol annually by

Source: Oldendorff Carriers

Consortium Forms North Pacific Green Corridor

Global industry leaders from North America, Asia and Europe have announced the formation…

© Adwo / Adobe Stock

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

Spot marine biofuel premiums have weakened further at the world's largest bunker hub Singapore…

© Zdenar Adamsen / Adobe Stock

New Study Offers Safety Recommendations for Green Shipping Corridors

A new report offers safety recommendations for ship owners and port authorities seeking…

New Tug Delivered to Mongla Port Authority

The Mongla Port Authority in Bangladesh has taken delivery of its new tug, M.T. Joymoni.The…

(Photo: Incat Crowther)

New Response Vessels Commissioned in Sydney

A pair of new response vessels has been commissioned in Sydney Harbour.The state-of-the-art vessels…

Collapsed Key Bridge in Baltimore (Credit: Screeshot/StreamTime Live)

Ship That Hit Baltimore Bridge Also Involved in 2016 Antwerp Accident

The ship that caused the collapse of the Francis Scott Key Bridge in Baltimore early on Tuesday was

Source: MPA

Fortescue Conducts World's First Ammonia Bunker Trial in Singapore

Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore…

(Photo: Saadsuddozai / CC BY-SA 4.0)

Unidentified Gunmen Open Fire at Pakistan's Gwadar Port, Two Attackers Killed

Unidentified gunmen opened fire at Pakistan's Gwadar port authority complex in its…

© Tjeerd / Adobe Stock

RWE Joins Forces with Spanish Port to Create Floating Wind Hub

Germany's top utility RWE has signed a Letter of Support with the Port Authority…

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