Latest News for: Port capacity

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Karaikal and Gopalpur ports on APSEZ radar, indicates CEO Karan Adani

Business Line 05 Aug 2021
Adani Ports and Special Economic Zone (APSEZ) is weighing the acquisition of Karaikal and Gopalpur ports, chief executive officer Karan Adani indicated, with multiple sources saying that an announcement on the Karaikal deal “is just a few days away”. APSEZ, India’s biggest private port operator, currently has a market share of about 26 per cent.
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Norwegian start-up looks to ship blue ammonia to Rotterdam

Splash24/7 05 Aug 2021
Norwegian carbontech start-up Horisont Energi has joined forces with the Port of Rotterdam to set up a corridor for the transport of blue ammonia from Norway to Rotterdam by 2025 ... Once operational, Barents Blue will have a production capacity of 3000 tons of ammonia per day or 1m tons per year.
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Jaishankar to attend president-elect Ebrahim Raisi’s swearing-in ceremony

Live Mint 05 Aug 2021
India also views Iran as key to access landlocked Afghanistan and Central Asia through Chabahar Port. New Delhi has ramped up infrastructure facilities to boost the cargo handling capacity of the port against the backdrop of expectations of US nuclear-related sanctions being lifted off Tehran.
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Mastermind of Moïse Killing May Still Be at Large, Haiti's Caretaker Leader Says

Yahoo Daily News 05 Aug 2021
PORT-AU-PRINCE, Haiti — The mastermind behind the assassination of President Jovenel Moïse of Haiti is most likely still at large a month after a crime that shattered the nation and left a political void, said the country’s caretaker leader ...The people they have accused up until now, I don’t see that they have the capacity, the web, to do it.”.
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Long-term container contract rates jump a record 28.1% in July

Seatrade Maritime News 05 Aug 2021
The index is up 76.4% this year, and the July number is 78.2% higher than the same month a year earlier ... “We’ve seen a combination of high demand, under capacity and supply chain disruption (in part down to Covid and port congestion) driving rates ever higher this year, but nobody could have anticipated a hike of this magnitude ... Related ... Related ... .
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Dublin Port spurns Minister’s demands to use lands for housing

The Irish Times 04 Aug 2021
However, the availability of land is a critical constraint for the development of port capacity in Dublin Port.” ... But Dublin Port said the suggested loss of lands needed for new port capacity up to 2040 would “induce an otherwise avoidable deficit” in national port capacity.
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Solution to container sector’s delays lies with the landside, not more ships

Seatrade Maritime News 04 Aug 2021
Deploying more capacity will not solve container shipping’s capacity crunch and delays, which require a landside solution ... Analysts Sea-Intelligence examined how port congestion and delays had actually resulted in net decreases in capacity on the transpacific and AsiaEurope trades despite containers lines deploying significant additional tonnage.
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Africa the big loser as global liner patterns shift to focus on more profitable east-west tradelanes

Splash24/7 04 Aug 2021
New data from Alphaliner shows that capacity deployed on liner services to and from Africa is now 6.5% lower than one year ago ... Alliances continuously shift capacities between tradelanes to adapt to changes in demand even if there are no real changes in demand ... This impressive capacity growth does not match actual cargo growth however.
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Dongjiakou port area in Qingdao adds VLCC berth

Seatrade Maritime News 04 Aug 2021
The second phase crude oil terminal project at Dongjiakou port area, Qingdao has officially started operations ... handling capacity of 25.5m tons.
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Dublin Port rejects Government proposal to use its land for housing, saying ‘lack of land is not the issue’

Irish Independent 04 Aug 2021
The Government has a right to make decisions on the State-owned port's lands, however, it has advised Minister Ryan that the full development of the port, which has been outlined in the 2040 masterplan, is the only way to ensure sufficient port capacity nationally in that period.
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NY State submits funding proposal for offshore wind staging and assembly port at Arthur Kill

Splash24/7 04 Aug 2021
New York currently has five offshore wind projects and five ports in active development; at more than 4,300 MW, these projects represent nearly 50% of the capacity needed to meet the state’s target of 9,000 MW ...
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Royal Caribbean bets on vaccines for safe voyages as Delta variant weighs

The Times of India 04 Aug 2021
Cruise operators resumed sailing from US ports in June with mostly vaccinated passengers and crew on limited capacity following lengthy talks with the US Centers for Disease Control and Prevention about health and safety protocols ... Florida is crucial for cruise companies as it has the main ports of departure for Caribbean voyages.
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WATCH LIVE: Tear gas & rubber bullets used against Lebanese protesters demanding justice for victims ...

Russia Today 04 Aug 2021
Also on rt.com Protesters hit streets of Beirut as Lebanon marks one-year anniversary of devastating port explosion (VIDEOS) ... Prime Minister Hassan Diab resigned after the port explosion, but remained in caretaker capacity until a new cabinet could be formed.
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Shortages of Everyday Products Have Become the New Normal. Why They Won’t End Soon.

Barrons 04 Aug 2021
Additionally, global shipping capacity was hit by congestion in U.S. ports, as the skewed trade growth ... Not only will it take time for conditions on the supply side to ease as ports add capacity and companies build more resilience into their supply chains, but strong U.S.
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Reduced crowd approved for AFL Showdown 

The Daily Mail 04 Aug 2021
The South Australian government has approved a reduced-capacity AFL crowd for the 50th Showdown between Adelaide and their arch rivals Port Adelaide. The Crows will host the Power at Adelaide Oval on Saturday night in front of up to 15,000 fans under strict COVID-19 protocols ... Full-capacity crowds are allowed in Western Australia ... .
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