Port Infrastructure

India invites EoI to build transhipment port in Great Nicobar Island

The Indian Ministry of Ports, Shipping and Waterways has invited expressions of interest (EoI) from companies to build an international…

Konecranes chooses L&T for port cranes manufacturing in India  

Finnish firm Konecranes has struck a licensing agreement with Larsen & Toubro (L&T) for making and distributing the former's port cranes…

BRP to build boat manufacturing facility in Mexico

BRP has announced its plans to commence the construction of an additional boat manufacturing facility in Chihuahua City, Mexico. This…

DP World and Maersk join forces on Jebel Ali Port decarbonisation

DP World has reached a long-term strategic alliance with Danish shipping giant A P Moller-Maersk to reduce emissions at Jebel…

UK’s ABP begins statutory consultation for green energy terminal

UK-based Associated British Ports (ABP) has launched a statutory consultation and invited the public to share their opinions on the…

Port of Corpus Christi secures funding for channel improvement project 

The Port of Corpus Christi in the US has secured $157.3m in federal funding to complete the final phase of its ship…

Stonepeak and Spirit Super sign agreement to acquire GeelongPort, Australia

A consortium of investment firm Stonepeak and industry super fund Spirit Super has signed a definitive agreement to buy 100%…

COP27: UK and US commit to green shipping corridors

The UK and the US have agreed to set up green shipping corridors between the two countries at this year’s…

Maersk Q3 profit soars on rising freight rates

Danish shipping giant AP Moller-Maersk has reported a profit of $8.9bn in the third quarter (Q3) of 2022, a 63%…

The Port of Antwerp-Bruges tugs at hydrogen

In May, the Port of Antwerp-Bruges announced it had ordered the construction of the world’s first hydrogen-powered tugboat. The Hydrotug,…