Ports & Infrastructure
DP World pens 30-year concession to operate Dar Es Salaam Port
Dubai-based port operator DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernize the multi-purpose Dar es Salaam Port. The concession was awarded with the primary objective of optimizing the port’s operations to improve transport and logis
Singapore shortlists six consortia for ammonia project
Six consortia have been shortlisted by the Energy Market Authority (EMA) and Maritime and Port Authority of Singapore (MPA) for Singapore’s ammonia power generation and bunkering project on Jurong Island. The selected proposals will advance to the next stage of development through a closed Request f
MPA Singapore initiates call for financiers and insurers to back adoption of electric harbor craft
The Maritime and Port Authority of Singapore (MPA) has initiated a call for proposals from financial institutions, intermediaries, marine insurance providers, and brokers to expedite the use of electric harbour craft in Singapore, which is an integral part of MPA’s goal to achieve net-zero emissions
Hapag-Lloyd expands its business in Brazil with new JV
German shipping major Hapag-Lloyd and Brazilian shipping and waterway logistics company Norsul have set up a new joint venture Norcoast.
Mabanaft to supply hydrogen for Fairplay Towage’s tugs in Hamburg
German energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot Fairplay Towage Group to supply hydrogen to their new tugs in the Port of Hamburg from 2025.
APM Terminals making headway on Brazil’s 100% electrified terminal
APM Terminals Suape, part of Maersk’s port logistics arm APM Terminals, has received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will op
New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026
The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i
Port of Montreal nets $150M for container terminal project
The Port of Montreal has revealed that the National Trade Corridors Fund (NTCF) allocated $150 million for port’s container terminal project in Contrecœur.
DFDS to deploy battery-powered fleet on the English Channel by 2030
Danish ferry and logistics company DFDS is planning to deploy a fleet of battery-powered vessels in the Eastern Channel by 2030. The decision was revealed on the heels of a recent meeting between the French Minister for Foreign Trade, Attractiveness and French Nationals Abroad, Olivier Becht and CEO
San Pedro Bay ports set to advance green hydrogen under $1.2 bn ARCHES grant
The Ports of Long Beach and Los Angeles are poised to undergo a transformative change as they secure government funding aimed at ushering in the widespread adoption of hydrogen fuel cell-powered equipment across all transportation modes within the port complexes. Namely, the U.S. Department of Energ
CMA CGM assigns $600 million for Port Liberty
French shipping major CMA CGM has revealed the names of its new terminals in the United States as the company embarks upon a $600 million upgrade at “Port Liberty New York” and “Port Liberty Bayonne”. The terminals were acquired by CMA CGM from Global Container Terminals (GCT) in December 2022. The
DP World raises $1.5 billion for decarbonization
Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant investments. DP World said that the Sukuk was oversub
World’s first green methanol-powered boxship visits Gothenburg
Laura Maersk, the world’s first green methanol-powered containership owned by Danish Shipping giant A.P.Moller Maersk, has visted the Port of Gothenburg.
Europe’s 1st all-electric tug on the horizon as part of Port of Antwerp-Bruges tug renewal deal with Damen
The Port of Antwerp-Bruges has placed an order for six new tugs with Dutch shipbuilder Damen as part of the company’s ongoing fleet renewal. The series includes five diesel-powered RSD Tugs 2513, equipped with Damen Marine NOx Reduction System, and one electric tug, which has been described as Europ