Latest News – Page 14
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The “greatest contract”, a “gold standard” – true or false?
The end of February saw the International Longshoreman’s Association (ILA), the representative body for labour in 35 ports that run from Maine to Florida and along the Gulf Coast, ratify a new 6-year contact that spans from October 2024 to 2030. It is a deal that Harold Dagget, President, ILA, describes as “the greatest contract in ILA history” and one that is a “gold standard” for dockworker unions globally.
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Dissolution of the existing world trade order
The world trading system is in transformation and promises to bring changes to the flow of goods traded internationally. The results may be more disruptive than anticipated.
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A new world order that promises a lot of dis-order?
So, the era of let market forces work to deliver a competitive environment appears to be fast disappearing.
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Clear message from Europe’s big two
The two largest port complexes in North Europe, Rotterdam and Antwerp-Bruges, had a clear message for the European Commission ahead of the publication of the EU Competitiveness Compass and the Clean Industrial Deal.
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UN reports Yemen port damage
The United Nations (UN) has provided independent confirmation about the level of damage suffered by Yemen’s Red Sea ports, and the news is not good.
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MedPort Expansion in Final Stages…
APM Terminals is ramping up operations at its MedPort Tangier facility in Morocco by confirming the final part of its 2 million TEU expansion. The expansion means that the terminal can offer a total capacity of 5.2 million TEU per annum.
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…As port of Nador attracts investment
MSC and CMA CGM are going to equip and operate half of a new container facility at Nador West Med in Morocco.
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News in brief: February/March 2025: Ports & Terminals
A round up of Port Strategy November/December 2024 issue’s Ports & Terminals news.
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Terminal transition time
A landmark acquisition deal is on the table between TIL/Blackrock and Hutchison Ports. If the deal proceeds, expect waves to be felt in the marketplace. Mike Mundy reports
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In memoriam: Andrew Penfold
At the end of 2024 Port Strategy (PS) lost a good friend and colleague, Andrew Penfold. Andrew succumbed to an illness he was receiving treatment for but which eventually, sadly, took him from us far too soon.
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Global report: New concessions and extensions
Recent times have seen significant activity with the announcement of new concessions and others that have been extended. A summary of the more notable developments follows. The big news of TIL/Blackrock’s purchase of a majority stake in Hutchison Ports’ assets outside China is featured on pxx.
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Tariffs: the next chapter of volatility
Port expert and senior analyst Johan-Paul Verschuure - from strategic-financial advisory firm Rebel - charts the implications of the new world order under Trump tariffs, the counter-measures from those effected and the potential impact on supply chains.
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TT Club warns of continued risk from fire
TT Club is advising ports to prioritise fire-fighting systems to protect equipment
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Reaping efficiency gains by going hybrid
Sicily’s Augusta Port is looking to boost efficiency and sustainability with its new hybrid port equipment
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Ammonia milestone for Port of Southampton
Fortescue Green Pioneer, Europe’s first dual-fuel ammonia-powered vessel, visited to demonstrate the feasibility of ammonia
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A2B-online expands UK-Netherlands sailings
A2B-online Container increases it sailings between the UK and The Netherlands as demand for short-sea shipping grows
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Dredging and reclamation deal at Vadhavan Port
Jan De Nul and DEME have inked a deal for the dredging and reclamation works at Vadhavan Port in India
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Bremen Ports infrastructure now methanol ready
The ports have been gearing themselves up to accommodate the fuel just as they have previously accommodated LNG
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New US tariffs disrupt trade
New US tariffs on China, Mexico and Canada are forcing companies to adapt, increasing costs and delays
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Port of Gothenburg plays key logistics role
The Port of Gothenburg is pivotal to the region’s position as a key logistics location in the Nordic countries