Adani Ports and Special Economic Zone added 2% to Rs 1,213.50 after the company handled 36 MMT of total cargo in November 2024, driven by containers, which was up by 21% YoY. On a year-to-date (YTD) basis, the company has handled cargo volumes of 293.7 MMT of total cargo, up 7% YoY. This growth was supported by containers (up 19% YoY), followed by liquids & gas (up 7% YoY). The companys YTD Nov24 logistics rail volumes have grown by 10% YoY to 0.42 million TEUs and GPWIS volumes have risen ...

Gateway Distriparks Limited, a leading multimodal logistics company in India, has launched a new container train service to Kandla Port, connecting all five of its Inland Container Depots (ICDs) located in Gurgaon, Faridabad, Ahmedabad, Ludhiana, and Kashipur to the Port. With this addition, Kandla becomes the fourth port in the Western region serviced by Gateway Distriparks, alongside Mundra, Pipavav, and Nhava Sheva ports. This strategic expansion strengthens the company’s logistics network, offering enhanced services to customers across key industrial regions. Mr. Prem Kishan Dass Gupta, Chairman & Managing Director – ...

Introduction In the coming decades, South and Southeast Asia are widely expected to drive global demand for liquefied natural gas (LNG), but LNG import projects in these regions have been repeatedly beset by lengthy delays and financial obstacles. To expedite demand growth in emerging markets, the global LNG industry has promoted floating LNG import terminals as quicker, cheaper “plug-and-play” options, in contrast to their larger, more conventional onshore counterparts. While onshore terminals are the norm in the world’s largest LNG importing countries, newer buyers such as Pakistan, Bangladesh, and the ...

Scheduled dredging works at Indira Docks 02 Dec 2024, Mumbai Post-monsoon maintenance dredging will be carried out at Indira Docks Outer Berths. READ MORE New ENS Filing 02 Dec 2024, Netherlands New EMS declaration will come into force from 4 December. READ MORE Cyclone Fengal makes landfall 02 Dec 2024, Puducherry Cyclone Fengal made landfall between Karaikal and Mahabalipuram on the Tamil Nadu coast on Sunday, 1 December. READ MORE Source: GAC

The Hamburg Port Authority (HPA) in Germany and the Vancouver Fraser Port Authority in Canada have signed a Memorandum of Understanding (MOU) to collaborate across a range of port priorities including decarbonization, safety and cruise. The MOU, signed November 7, 2024, will see the two port authorities increase cooperation across multiple key areas: maritime decarbonization; safety; digital practices and new technology; and cruise operations. Work under the MOU will include assessing readiness to support alternative fuel bunkering, improving safety with new technology like drones, using predictive analytics to optimize operations, ...

From January to October of 2024, the container throughput of Chinese ports was 276.4 million TEU, a year-on-year increase of 7.6%. In October, the container throughput of Shanghai Port was 4.15 million TEU, a year-on-year increase of 3.8%; the container throughput of Ningbo Zhoushan Port was 3.31 million TEU, a year-on-year increase of 12.9%. Source：Ministry of Transport of the People’s Republic of China In terms of container freight rates, the average value of Ningbo Containerized Freight Index (NCFI) was 1680.4 points in November 2024, a month-on-month decrease of 8.4% and ...

In May 2022, nearly two months into my job as a Xinhua correspondent in Egypt, I traveled to Ismailia to cover a job fair at Suez Canal University. It was during my visit that I saw the Suez Canal for the first time. I learned about this vital waterway, which links the Red Sea to the Mediterranean, through various channels. In China, school textbooks emphasize its strategic importance. Once I knew I would be working in Egypt, studying the canal became an essential part of my preparation. Standing on its ...

The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners have conducted a successful pilot for the bunkering of mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam (PoR) on 19 October 2024. A total of 100 tonnes of mass-balanced LBM was supplied by Shell to CMA CGM’s liquefied natural gas-powered containership CMA CGM TIVOLI. Produced from waste-based feedstock, the LBM used in this pilot provides a lower-emission alternative to conventional marine fuels. This initiative, led by the bio-methane working group, supports the GDSC’s broader commitment to advancing the adoption of ...

Brazil’s fuel retailer Ultra UGPA3.SA has asked the country’s antitrust body for approval to build and operate a liquefied petroleum gas (LPG) terminal in the Port of Pecem, in the state of Ceara, together with Supergasbras, it said. The facility, with storage capacity of some 62,000 tons, would cost a total of 1.2 billion reais ($200.90 million) to be split between Ultra’s subsidiary Ultragaz and Supergasbras, Ultra said in the filing, adding that building works are expected to be completed in 2028. Source: Reuters (Reporting by Isabel Teles; Editing by ...

Dubai-based Gulf Transport and Trading will load a cargo of low-sulphur fuel oil (LSFO) from Nigeria’s Port Harcourt oil refinery this week after winning a tender, an industry source with direct knowledge of the matter told Reuters. The 15,000 metric ton LSFO cargo was offered in a tender, which closed last week, by Nigerian state-owned oil firm NNPC Ltd. The Port Harcourt refinery is the first of NNPC Ltd’s four oil refineries to return from upgrade work announced in 2020. The 210,000 barrel-per-day (bpd) capacity refinery will initially produce 60,000 ...

We are thrilled to announce a significant milestone in our project development at SCCT with the successful and safe arrival of the Zhenhua 35 vessel. This vessel carries our first shipment of cutting-edge equipment, marking a pivotal moment in enhancing our operational capabilities. This shipment includes four Super Post-Panamax ZPMC Quay Cranes, engineered to handle twin 65-ton containers and heavy lifts of up to 100 tons, boasting a remarkable 72-meter boom outreach. Additionally, we welcome six Electric Rubber-Tyred Gantry ZPMC Cranes, equipped with state-of-the-art automation and remote-control features. SCCT`s CEO ...

DP World, a global leader in logistics and supply chain solutions, has become the first port terminal operator in Peru to receive the prestigious Peru Brand license. DP World Callao, the concessionaire of the South Pier at the Port of Callao, was awarded the license by the Commission for the Promotion of Peru for Exports and Tourism (PromPeru) as part of its Peru Brand Licensee Program. The license acknowledges the terminal’s contributions to Peru’s international trade in terms of its role promoting national exports and investments, and its alignment with ...

Along with commemorating 63 years in business, SAAM unveiled its 2030 Sustainability Strategy. The strategy formalizes the work the company has been doing in this area with a robust plan and ambitious, responsible and measurable goals. SAAM CEO Macario Valdés commented, “Our goal is to become a leading global operator in the towage business. Sustainability is a key component of our management and with this renewed strategy we are making concrete commitments to operate profitably and sustainably over time.” The strategy has four pillars: Reportability and Risk Management, People and ...

The Port of Bilbao continues with its efforts to become a green, competitive and responsible port that drives and accompanies its port customers to face the impacts derived from the energy transition, sustaining the competitiveness of the industry of the territory, adapting the infrastructures and services to their needs and requirements, with intermodality, innovation and sustainability as pillars for change. Intermodality SLP starts up the first rail service for bulk solids in the Port of Bilbao A joint collaborative effort by Servicios Logísticos Portuarios (SLP), Harineras Villamayor, the Monzón Intermodal ...

All systems are go at the newest heavy-duty vehicle charging depot in the Port of Long Beach, where Class 8 zero-emissions trucks can power up on clean electricity. Operated by 4 Gen Logistics LLC, the new facility features 30 new hyper-fast chargers capable of speeds of 350 kilowatts to quickly repower the company’s growing fleet of 79 ZE trucks and counting. In the near future, 4 Gen will open the charging depot to all battery-electric big rigs operating in the San Pedro Bay port complex. “With each project, we move ...