Mexico plans to build a liquefied natural gas (LNG) export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand, President Andres Manuel Lopez Obrador said. The planned LNG facility in the port of Coatzacoalcos, in the eastern state of Veracruz, would transport gas by boat to Europe, Lopez Obrador said. “We’re about to promote private sector involvement, it’s going to be an investment of $4-5 billion this plant,” he told a regular news conference. Lopez Obrador had previously floated the ...

The dockworkers at Felixstowe, the largest port in the UK, have started an eight-day strike in protest over their wages and inflation, overlapping with an ongoing strike at Port of Liverpool. Together, the two port strikes threaten imports and exports across industries —much bound for the U.S. — during a critical ramp up in the holiday shipping season. The combined value of weekly trade that moves out of the ports of Felixstowe and Liverpool, according to MDS Transmodal, is nearly $7 billion. And 30% of the traffic handled at the ...

The southern city of Kaohsiung, known as the Maritime Capital and the Harbor Capital of Taiwan, serves as the best base for Taiwan to venture into marine technology. In recent years, with time evolution and industrial changes, the City Government has been striving to promote the transformation of the Port of Kaohsiung from an industrial harbor to a people-oriented hub, while implementing strategic intelligence solutions in the advanced semiconductor industry and 5G-enabled applications and services with the aim of meeting the needs of future industrial transformation and achieving technological leadership ...

The Addendum to Industry Collaboration Agreement between SeaTech Solutions International (S) Pte. Ltd. (‘SeaTech’) and Seawind Ocean Technology (‘Seawind’) will focus on the collaboration to develop customised semi-submersible floating docks for Seawind’s well thoughtout construction and assembly requirements for its integrated floating offshore wind turbine model ‘SEAWIND 18MW’. The serial construction of semi-submersible floating docks are a key component in Seawind’s integrated approach to the commercial construction of the concrete bottom fixed and floating foundations and subsequent lifting and assemble operations of the tower, the nacelle, and the blades of ...

The organisers of London International Shipping Week are delighted to announce Associated British Ports (ABP) has signed up as a Gold Sponsor of the 2023 event. ABP is the UK’s leading ports group with 21 ports handling around a quarter of the UK’s seaborne trade. Its ports include Immingham, the UK’s largest port by tonnage and Southampton, number one for cruise. The company supports approximately 190,000 jobs and, with its customers, handles around £150 billion of UK trade. Sustainability is a key focus for the ABP and it has invested ...

Johor Corporation (JCorp), the state investment arm of Johor, and Sojitz Corporation have signed a memorandum of understanding (MOU) to conduct a three-year joint feasibility study on decarbonisation via the utilisation of hydrogen fuel in Johor. JCorp was represented by JLand Group Sdn Bhd (JLG), the Group’s real estate and infrastructure arm, and Sojitz Corporation (Sojitz) was represented by its regional headquarter for Asia and Oceania, Sojitz Asia Pte. Ltd. The signing ceremony was witnessed by YAB Datuk Onn Hafiz bin Ghazi, Menteri Besar Johor and YB Lee Ting Han, ...

Workers at the Port of Felixstowe are walking out between 27 September and 5 October after the union Unite rejected an imposed pay deal. About 1,900 union members took action for eight days last month, with Unite asking for a pay rise to match the rate of inflation – currently at about 10%. The port said it was “very disappointed” with the further strike action. Unite general secretary Sharon Graham said: “Felixstowe and CK Hutchison are both eye-wateringly wealthy but rather than offer a fair pay offer, they have instead ...

Each year the world produces more food than it consumes, yet as much as a third of all fresh food produced is loss or wasted before it reaches our tables, according to a recent study by the United Nations Environment Programme (UNEP). Experts are calling for better and smarter food supply and to adopt industry-wide initiatives that seek to eliminate the current leaks in the system. They advise that the actors from the sector needs to take multi-stakeholders approaches to supply chains, which views them more as an ecosystem with ...

A VIP delegation from the Association of Southeast Asian Nations (ASEAN) visited the Hambantota International Port on Saturday, 24th September to familiarise themselves with the port’s facilities and services offered. The delegation consisted of Dato’ Tan Yang Thai, High Commissioner of Malaysia, Dewi Gustina Tobing, Ambassador of Indonesia, Ho Thi Thanh Truc, Ambassador of Vietnam and their respective diplomatic entourages. The delegates were met by HIP management at Sky Lounge where Raymond Mu, CFO of Hambantota International Port Group (HIPG), and Capt. Ravi Jayawickreme, CEO of Hambantota International Port Services ...

A total of 231 ships with 5.3 million tonnes of agricultural products on board have left Ukraine so far under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian infrastructure ministry said on Tuesday. The ministry said nine ships with 345,300 tonnes of agricultural products had left Ukrainian Black Sea ports on Tuesday, including capsize ship MARAN EXCELLENCE loaded with 115,000 tonnes of food. Ukraine’s grain exports slumped after Russia invaded the country on Feb. 24 and blockaded its Black Sea ports, driving ...

Port closes for hurricane 27 Sep 2022, Tampa, United States The Port of Tampa was closed at 0800 hours local time today (27 September) in anticipation of Hurricane Ian, which is currently sitting over Cuba. Read more » Category 3 Hurricane Ian moving over Western Cuba 27 Sep 2022, Cuba & Florida, United States Ian is forecast to approach the west coast of Florida as a major hurricane. Read more » Pilot launch charge for medical quarantine 27 Sep 2022, Cagayan De Oro, Philippines Due to rising fuel prices, usage ...

AD Ports Group’s SAFEEN Feeders and Saif Powertec Limited have signed a charter agreement that will see SAFEEN Feeders purchase and charter out three containerships, to support expansion of the Bangladesh-based entity into the container shipping segment. Under the terms of the agreement, SAFEEN Feeders will charter an initial three vessels to Saif Powertec at pre-agreed rates for a duration of 15 years, starting in November 2022 to be deployed on global routes connecting Bangladesh. SAFEEN Feeders will invest approximately AED 375 million (USD 102 million) to purchase the vessels. ...

Major Chinese export-oriented cities are using a wide array of measures from opening up new trade routes to engaging in specific markets to shore up foreign trade amid strong economic headwinds, as trade figures released on Sunday showed a diverging trend. Shanghai, banking on its strong exports of new-energy vehicles (NEVs) and computers, posted a 15.8-percent-increase in foreign trade to 414.97 billion yuan ($58.21 billion) in August, according to media reports over the weekend. The August figure was a record high, continuing a strong recovery trend since June, when the ...

Responding to the Labour Party’s announcement that they will create a National Wealth Fund if they form the next Government, Mark Simmonds, Director of Policy & External Affairs at the British Ports Association said: “A long-term investment fund will be welcome as UK ports plan for the next generation of specialist infrastructure to support the energy transition.” “UK ports have a strong record in infrastructure, delivering over £1bn of investment last year in new quays, channels and port upgrades. The UK’s offshore energy ambitions will require a large amount of ...

Geneva-headquartered Mediterranean Shipping Co. will introduce a new call to its Himalaya Express Service to connect Jeddah Islamic Port with 10 global ports, said the Saudi Ports Authority. The new addition will link Jeddah Islamic Port with ports of Colombo, Nhava Sheva, Mundra, Salalah, King Abdullah Port, Valencia, Felixstowe, Rotterdam, Hamburg, and Antwerp, according to a statement. The service will include 11 mother ships with a capacity of 14,000 twenty-foot equivalent units for each vessel. Its first vessel sailing is expected to arrive at Jeddah Islamic Port on Oct. 23. ...