Ports
Articles

From
Reuters
via
gCaptain
What Levers Do China and Hong Kong Have Over CK Hutchison’s Port Deal?
Hong Kong-based conglomerate CK Hutchison is facing intense criticism from Beijing over its ports sale to a BlackRock-led consortium, fueling speculation as to whether China could take steps to scupper the deal.

From
Bloomberg
via
gCaptain
Shipping Trade Group Says Trump Port-Fee Plan Will Hurt US
A plan by the Trump administration to introduce fees on the use of Chinese commercial ships is likely to damage the US economy and may fail to reverse China’s shipbuilding dominance, a top shipping trade group said.

From
Mike Schuler
via
gCaptain
Louisiana’s Plaquemines Port Rebrands as Gateway Port Amid Major Container Terminal Expansion
The Plaquemines Port Harbor and Terminal District has rebranded as the Louisiana Gateway Port, part of a strategic move to establish itself as one of America’s leading maritime hubs. The...

From
Mike Schuler
via
gCaptain
Trans Mountain Pipeline Expansion Fuels Export Boom at Port of Vancouver
The Port of Vancouver in British Columbia, Canada, saw booming liquid bulk exports in 2024, with volumes skyrocketing 203% to reach 17.1 million metric tonnes (MMT), driven primarily by the...

From
Mike Schuler
via
gCaptain
Port of Long Beach Posts Ninth Consecutive Month of Growth
The Port of Long Beach continues its strong performance into 2025, marking nine straight months of increased cargo movement. February saw the port handle 765,385 TEUs, representing a 13.4% increase...

From
Mike Schuler
via
gCaptain
DP World Reports Record $20 Billion Revenue Amid Global Trade Challenges, Plans Major Port Investments
Global port operator DP World has announced record financial results for 2024, with revenue reaching $20.0 billion, marking a 9.7% increase from the previous year. The company’s adjusted EBITDA rose...

From
Mike Schuler
via
gCaptain
Done Deal: Historic ILA-USMX Contract Brings Six Years of ‘Labor Peace’ to East and Gulf Coast Ports
International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) officials gathered in North Bergen, New Jersey on Tuesday to formally sign a landmark six-year master contract agreement, securing unprecedented...

From
Mike Schuler
via
gCaptain
Hapag-Lloyd’s Terminal Arm Expands European Footprint with Majority Stake in Key French Port
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the Atlantique container terminal in Le Havre, France....

From
Reuters
via
gCaptain
EXCLUSIVE-US to Levy Fees on China-Linked Ships, Push Allies to Do Likewise, Draft Executive Order Says
The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.

From
Mike Schuler
via
gCaptain
Shipping Giant MSC Set to Become World’s Largest Terminal Operator in $22.8B Hutchison Ports Deal
In a landmark deal announced on Tuesday, Hong Kong-based CK Hutchison will sell its 80% stake in Hutchison Ports Holding to a Blackrock-TiL consortium, positioning Mediterranean Shipping Company (MSC)—already the...

From
Mike Schuler
via
gCaptain
UK Government Invests in Scotland’s First Floating Offshore Wind Manufacturing Port
The UK government has announced a major investment of over £55.7 million (USD $70.5 million) to transform the Port of Cromarty Firth in Scotland into the country’s first facility capable of...

From
Mike Schuler
via
gCaptain
McCown: U.S. Import Surge Driven by Real Demand, Not Frontloading
The top ten US ports reported a 14.2% year-over-year increase in inbound container volume for January 2025, continuing a sixteen-month growth streak that shipping analyst John McCown attributes to genuine...