U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan.The drive is part of the most ambitious effort to expand U…
The Government of Andhra Pradesh in India has signed a Memorandum of Understanding (MoU) with APM Terminals, part of the A.P. Moller – Maersk Group, to accelerate port and terminal development in the state.Andhra Pradesh is positioning itself as a logistics hub on India’s east coast…
The Supreme Court of Sri Lanka has found the owner, operator, and local agent of the container ship X-Press Pearl liable for environmental and economic damage caused by the 2021 fire and sinking of the vessel.The ship's registered owner, EOS Ro Pte…
The Pasha Group, together with The Northwest Seaport Alliance (NWSA), announced Pasha Logistics LLC’s acquisition of certain assets of MacMillan-Piper LLC and Tacoma Transload LLC. The expansion follows the successful completion of an asset…
Lloyd’s Register (LR) Advisory has expanded its ports team and invested in expertise and leadership to launch LR Ports Advisory, a new center to support ports as they address the many interconnected challenges faced today.Geopolitics, sustainability…
Panama's maritime authority (AMP) said on Monday it has launched a process to cancel the registrations of 17 vessels included in a list of sanctions from the U.S. Treasury's Office of Foreign Assets Control (OFAC).'The AMP has tightened its…
Public-private partnerships could take over two key ports near the Panama Canal if courts invalidate a contract with Hong Kong-based CK Hutchison's to operate them, Panama's President Jose Raul Mulino said on Thursday.CK Hutchison holds a 90% stake in the local Panama Ports Company…
“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia…
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies, including The Port of Nigg, to long term investor, Mitsui & Co. Europe (Mitsui) a subsidiary of Mitsui & Co, together with Mitsui O.S.K. Lines (MOL)…
The proposed inclusion of Chinese shipping giant COSCO in Hong Kong conglomerate CK Hutchison's contentious global ports sale is a potential win for Beijing in a strategic sector, but the deal is far from final and could face resistance from Washington…
Tilla, a Berlin-based maritime tech startup, announced the successful closing of a USD$2.3 million (€2 million) funding round designed to accelerate the global expansion and innovation of its crew logistics platform. The round is led by global maritime venture capital firm Motion Ventures…
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