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What Levers Do China and Hong Kong Have Over CK Hutchison’s Port Deal?
Ports
March 19, 2025
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.
Shipping Trade Group Says Trump Port-Fee Plan Will Hurt US
Ports
March 19, 2025
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.
Louisiana’s Plaquemines Port Rebrands as Gateway Port Amid Major Container Terminal Expansion
Ports
March 18, 2025
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...
Trans Mountain Pipeline Expansion Fuels Export Boom at Port of Vancouver
Ports
March 13, 2025
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...
Port of Long Beach Posts Ninth Consecutive Month of Growth
Ports
March 13, 2025
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...
DP World Reports Record $20 Billion Revenue Amid Global Trade Challenges, Plans Major Port Investments
Ports
March 13, 2025
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...
Done Deal: Historic ILA-USMX Contract Brings Six Years of ‘Labor Peace’ to East and Gulf Coast Ports
Ports
March 12, 2025
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...
Hapag-Lloyd’s Terminal Arm Expands European Footprint with Majority Stake in Key French Port
Ports
March 11, 2025
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....
EXCLUSIVE-US to Levy Fees on China-Linked Ships, Push Allies to Do Likewise, Draft Executive Order Says
Ports
March 7, 2025
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.
Shipping Giant MSC Set to Become World’s Largest Terminal Operator in $22.8B Hutchison Ports Deal
Ports
March 6, 2025
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...
UK Government Invests in Scotland’s First Floating Offshore Wind Manufacturing Port
Ports
March 5, 2025
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...
McCown: U.S. Import Surge Driven by Real Demand, Not Frontloading
Ports
March 5, 2025
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...