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Nibulon To Export 1 Million Tons Of Grain Via Black Sea...
Maritime Logistics Professional
Nibulon To Export 1 Million Tons Of Grain Via Black Sea...June 13, 2025 Nibulon, one of Ukraine's biggest grain companies, said on Friday it has signed a deal with the operator of the Ukrainian Black Sea port of Chornomorsk to export up to one million metric tons of grain in the July 2025-June 2026 season. Nibulon's own export terminal in Mykolaiv has been blocked since the start of the Russian invasion in 2022. Only three Ukrainian Black Sea ports in the Odesa region, including Chornomorsk, are currently operating. "The signing of the contract is a decisive step in the formation of a flexible logistics model that will allow Nibulon to maintain continuity of exports even without access to its own terminal," the company said on Facebook. Southern Ukrainian regions, including Mykolaiv and Odesa, have already started the 2025 grain harvest, which is forecast to decrease by 10% from last year due to poor weather. Ukrainian agriculture minister Vitaliy Koval told Reuters this month that the 2025 grain harvest may fall to around 51 million tons, from 56.7 million tons in 2024. His first deputy, Taras Vysotskiy, told Reuters that grain exports may total 35-40 million tons in 2025/26. (Reuters)
port-and-ship
Jun 13, 2025
Cavotec Signs 1.77M Shore Power Order For Port Of...
Maritime Logistics Professional
Cavotec Signs 1.77M Shore Power Order For Port Of...June 10, 2025 Cavotec has signed a shore power order from Equans for the Port of Antwerp-Bruges in Belgium with a total value of approximately USD$1.77 million (EUR 1.55 million). The system will contribute to reduced emissions and supports compliance with international environmental regulations. The project, which is co-funded by the European Union, will enable cruise vessels calling at the terminal to connect to shore-side electricity, allowing them to shut down their onboard generators and reduce emissions while berthed.  As part of the agreement, Cavotec will also provide maintenance services for the equipment for a period of five years. Delivery is scheduled for the third quarter of 2026.
port-and-ship
Jun 10, 2025
Ukraine: 500M Euros Needed To Rebuild Port Facilities...
Maritime Logistics Professional
Ukraine: 500M Euros Needed To Rebuild Port Facilities...May 30, 2025 Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks, a government minister said on Friday. Almost 400 port infrastructure facilities have been damaged as a result of Russian attacks during more than three years of war. Seaports are critical for Ukraine, which ships more than 90% of its exports by sea. "The main critical infrastructure facilities for ports and shipping that we have already lost have been identified ... and now we have to restore them," Andriy Kashuba, deputy minister of territorial development, told the Black Sea Security Forum in Odesa. Ukraine currently operates three major seaports in the Odesa area. Other Black Sea ports suspended operations after Russia launched its full-scale invasion in February 2022. Kashuba said the total cost of rebuilding the ports' infrastructure was estimated at around 1 billion euros. That figure is dwarfed by the total estimated cost for Ukraine's overall reconstruction and recovery. The World Bank last December put that cost at $524 billion (€506 billion) over the next decade, or about 2.8 times the country's estimated nominal GDP for 2024. Many industrial and residential infrastructure facilities across Ukraine have been destroyed or severely damaged by Russian attacks. ($1 = 0.8828 euros) (Reuters/Reporting by Yuliia Dysa, writing by Pavel PolityukEditing by Gareth Jones)
port-and-ship
May 30, 2025
Guinea Bauxite Sockpile Nears 2 Million Tons As Export...
Maritime Logistics Professional
Guinea Bauxite Sockpile Nears 2 Million Tons As Export...May 27, 2025 Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday.EGA, equally owned by Abu Dhabi sovereign wealth fund Mubadala, and Dubai sovereign wealth fund the Investment Corporation of Dubai, operates one of the largest bauxite mines in Guinea through its Guinea Alumina Corporation (GAC) subsidiary.The standoff with Guinea's government highlights the aggressive push by the military authorities to increase benefits from the country's vast natural resources as the world's largest bauxite producer leverages its position in aluminium supply chains to force downstream processing commitments.The company has been in a dispute with the government since October last year when its GAC bauxite exports, and mining operations were later suspended by the authorities.Reuters reported earlier this month that the government has launched a process to withdraw EGA's mining licence over its failure to build an alumina refinery.Since the suspension of exports and mining operations, its stockpile of bauxite at the port and train loading facility at the mining site, have reached nearly two million metric tonnes, the three sources familiar with the situation, told Reuters.The sources requested anonymity because there were not authorized to speak for the company.EGA and GAC did not respond to Reuters' requests for comments on the stockpiles.The company said in a separate statement on Tuesday it hoped to resume talks with the Guinean government that could lead to a lifting of measures blocking its bauxite mining operations.In its statement, GAC said the measures imposed by the authorities had hampered its operations, leading to their complete stoppage in December 2024 and significant financial losses for the company and its shareholders.Responding to a Reuters request for comment, Guinea's mines minister Bouna Sylla said the country was committed to working with all investors who fully comply with their contractual commitments, adding they intend to clean up the mining sector."This process will continue rigorously, respecting the current legal framework while ensuring the legitimate interests of all stakeholders, including Guinean investors," Sylla said.Responding to reports that the dispute was due to its failure to fulfil commitments, including building a refinery, GAC said in the statement that it had always fulfilled all of its obligations under agreements Guinea, and contests that it has acted differently."As regards an alumina refinery project in Guinea, GAC has repeatedly indicated to the Guinean authorities that the realisation of such a project is contingent upon overcoming numerous and significant economic, technical and environmental challenges," it said.Mali, Burkina Faso and Niger, also military-led West African states have taken similar routes to assert more control over their mineral-rich mining sectors in a bid to generate higher revenue.(Reuters)
port-and-ship
May 27, 2025
Investcorp To Invest $550M In Oman’S Port Of Duqm...
Maritime Logistics Professional
Investcorp To Invest $550M In Oman’S Port Of Duqm...May 19, 2025 Alternative investment firm Investcorp has signed a cooperation agreement to invest in a $550 million infrastructure project in Port of Duqm in Oman. Investcorp Aberdeen Infrastructure Partners (AIIP) – a joint venture with Aberdeen plc, will be the shareholder in the project, alongside the Port of Duqm Company, the DEME Group and Port of Antwerp Bruges (jointly formed a consortium named CAP INFRA). This investment is closely aligned with AIIP’s mandate to invest in long-term concessions across the GCC countries and the broader MENA region, and its strategy to develop long-term partnerships with key industry players, such as the Port of Duqm Company and CAP INFRA. The Port of Duqm, situated in the south-east of Oman with direct access to the Indian Ocean, serves as a crucial gateway and transit point for global trade and commerce, cementing its role as a strategically important infrastructure assets in Oman. Benefiting from a prime central location on the Omani coastline, the Port serves as a multipurpose hub, handling container shipments, dry and liquid bulks, general and bagged cargo. As part of the marine infrastructure works, dredging and construction of a new quay wall are envisaged which will service a new low-carbon industrial plant within the Special Economic Zone at Duqm. The plant aims to produce low CO2 iron metallics products and, ultimately, hydrogen powered steel, or ‘green steel’. The port expansion and ultimate creation of a green steel plant aligns with Oman’s Vision 2040 and the country’s commitment to sustainable infrastructure development. The opportunity to invest in the project was a competitive process, with AIIP securing the mandate over four other parties. “The Port of Duqm is one of the most strategically important seaports in the world. We are pleased to be investing not only in one of Oman’s largest infrastructure projects, but in Oman’s Vision 2040, contributing to the goal of achieving carbon neutrality by 2050,” said Mohammed Alardhi, Executive Chairman at Investcorp. “We are delighted to partner with the Port of Duqm Company and CAP INFRA to expand this important shipping hub and further secure trading routes to and from the region. Securing this transaction demonstrates our ability to offer investors access to unique opportunities.  We are very excited about the region’s infrastructure prospects,” added Sami Neffati, Managing Partner of AIIP.
port-and-ship
May 19, 2025
New $1.2B Subsea Cables Factory Plan Set To Transform Port...
Maritime Logistics Professional
New $1.2B Subsea Cables Factory Plan Set To Transform Port...May 14, 2025 LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores. While plans are at an early stage and still being finalized, total investment is expected to be approximately $1.2 billion (£923 million), which would put the North East at the heart of the UK’s clean energy transition. This proposal would see a state-of-the-art facility to manufacture deep sea cables built on land within the Port of Tyne (South side, Tyne Dock). The industrial complex would include a series of buildings - including a manufacturing space, testing facilities and offices - situated around a 202-meter-tall tower where the cables would be stretched and sheathed before use. The facility would lead to 500 direct jobs and a thousand more across the wider supply chain, including in high-skilled roles in engineering, the developer said. The consultation runs from May 14 to June 18, and provides an opportunity for local communities, businesses and organizations to give their feedback on the proposed development before the final planning application is made to South Tyneside Council later this year. Along with the North East Combined Authority and the Port of Tyne, LSEAC will work with the region’s schools, colleges and universities to provide training and re-training in the skills needed at the facility, ensuring generations of North East people benefit from the huge employment opportunities. “At a time when the UK is moving ever-more-quickly to decarbonising its energy supply, now more than ever there is a huge need for the infrastructure underpinning that transition. “We’re delighted as a joint venture to be proposing this facility for a sub-sea cable development – but we must make it sure it works for the local community. That’s why we deeply value the input of everyone in the area to this consultation and encourage people to share their views and shape the future of this project,” said Sangdon Lee, Director at LSEAC.  “The proposed cable manufacturing facility is a huge generational employment opportunity for people in the North East and complements the region’s already impressive advanced manufacturing sector. It demonstrates the ability of the region to attract significant international investors to support the clean energy transition, with the Port of Tyne at its heart,” added Matt Beeton, CEO of the Port of Tyne.
port-and-ship
May 14, 2025
Dp World Begins $165 Million Expansion Of Maputo Container...
Maritime Logistics Professional
Dp World Begins $165 Million Expansion Of Maputo Container...May 1, 2025 The $165 million expansion of DP World’s container terminal at the Port of Maputo officially started on site today. Mozambique’s Minister of Transport and Logistics, the Honourable João Jorge Matlomb, was guest of honor at the ground-breaking event. The expansion of the container terminal at the Port of Maputo is part of a long-term strategy to meet global trade demands, create thousands of new jobs and contribute to Mozambique’s economic growth. The project will enhance capabilities of the port, positioning Maputo as a trade and logistics hub for Southern Africa and opening a gateway for larger container ships. The port will be equipped with the latest technology and infrastructure to boost operational capacity and efficiency, with the terminal yard and quay undergoing a complete revamp and modernization. Yard capacity will increase by 6.48 hectares, doubling throughput from 255 000 TEUs to 530 000 TEUs, while the total quay length will be extended to 650 meters and the berth deepened to 16 meters. To manage larger container volumes and a diverse range of commodities, new equipment will be introduced, including three ship-to-shore (STS) cranes capable of handling post-Panamax ships and an expanded fleet of rubber-tyred gantry (RTG) cranes, complementing the existing mobile harbor crane (MHC) fleet. Reefer container capacity will increase to over 700 plugs, supporting the growth of agricultural exports. Considerable technological enhancements will usher in a new era of fully automated and predictable operations, including the automation of gate facilities using optical character recognition technology which will streamline container number, condition and client identification processes, thereby cutting transaction times and minimizing liabilities. In addition, the terminal operation system (TOS) will be enhanced, a robust vehicle booking system (VBS) will be implemented, and the port’s client community system (CCS) will be digitized for better connectivity with shipping lines, customs, and banks. The project also prioritizes the welfare of the workforce with new facilities to accommodate additional personnel, ensuring their wellbeing and the availability of a skilled labour force. Enhanced security measures, including broader live monitoring and advanced CCTV technologies, will improve operational safety.
port-and-ship
May 01, 2025
Port Canaveral Invests $500 Million In Five-Year Port-Wide...
Maritime Logistics Professional
Port Canaveral Invests $500 Million In Five-Year Port-Wide...May 1, 2025 Port Canaveral is investing upwards of $500 million in landside and waterside improvements as part of its “Port Canaveral Advantage” plan to expand capacity and capabilities across all aspects of its business operations. "Port Canaveral Advantage" is a port-wide continuous improvement program that identifies near- to long-term needs for enhancements and upgrades to Port assets and operations. Within a five-year planning window, the program includes large-scale, high value critical infrastructure projects associated with new cruise ship arrivals, modernizing and expanding cargo berths and bulkheads, upgrading facilities maintenance, deploying new technologies across a spectrum of operations and renovations to the Port’s recreational facilities like Jetty Park. Several cruise-related projects are about to get underway at Port Canaveral, including the expansion of Cruise Terminal 5 (CT-5). The design project, awarded to BEA Architects of Miami, will increase the terminal’s size by 65 percent to accommodate larger vessels.  During an estimated 16-month construction period, the cruise terminal would continue to operate without interrupting scheduled ship turns. Cruise Terminal 5 is one of the terminals slated for expansion. Credit: Canaveral Port Authority In addition to expanding CT-5, the Port plans to enhance Cruise Terminal 10 to expand its capacity beginning with a feasibility study that is expected to be completed by June 2025. The project’s goals include expanding the terminal’s capacity to accommodate the world’s largest cruise ships up to 5,600 passengers and berthing up to 1,200 feet in length. Exterior upgrades at Cruise Terminal 1 will begin in May 2025 and include new canopies and walkways, updated landscaping, and new lighting to create a refreshed west entrance for cruise guests arriving at this very popular and busy terminal. These terminal upgrades are in addition to refurbishments to the adjacent cruise parking garage with new paint, landscaping, and perimeter fencing plus gangway upgrades. Rendering of covered walkway project for Port Canaveral’s Cruise Terminal 1. Credit: Canaveral Port Authority Earlier this year, the Port established a new Cruise Automation Team with dedicated responsibility for the safe and efficient operation of the Port’s passenger boarding bridges, leading to a superior embarkation and debarkation experience for guests.  On the commercial cargo side, Port plans are developing to renovate existing pier structures on the south side of the Port to create additional multipurpose, multiuser berth space and improve vessel turn times, while renovations to two north side cargo berths—North Cargo Berths 3 and 4—are nearing completion adding 1,800 linear feet of multipurpose bulkhead space. Ongoing improvements include harbor deepening and berth box dredging to accommodate larger vessels, seawall and uplands facility upgrades, and the addition of a third mobile harbor crane set to arrive later this year. Roadway improvements are also underway to improve access to and from cargo terminals, ease roadway congestion and reduce truck wait times. Port Canaveral’s Jetty Park, a beach and campground that attracts nearly 400,000 visitors a year, is also undergoing some major upgrades with a new camp store, guest cabins and dog park, renovated bathhouses, roadway and lighting improvements, playground refurbishments, and redesigned public boat ramps at Rodney Ketchum Park. Port visitors and guests will also notice new landscaping and entrance enhancements to The Cove, lined with popular restaurants and watering holes.
port-and-ship
May 01, 2025
Port Of Corpus Christ: 51.3 Million Tons Moved In Q1 2025
Maritime Logistics Professional
Port Of Corpus Christ: 51.3 Million Tons Moved In Q1 2025April 16, 2025 The Port of Corpus Christi and its customers moved 51.3 million tons of commodities through the Corpus Christi Ship Channel in the first quarter of 2025, driven primarily by increases in crude oil and liquefied natural gas (LNG) shipments. The 51.3 million tons moved in Q1 2025 reflects the highest first quarter in the history of the Port of Corpus Christi as well as the first time volumes exceeded 50 million tons during that period. The Port’s overall quarterly record, set in Q4 2024, sits at 54 million tons. Crude oil shipments in Q1 2025 totaled 33.4 million tons, up 10.5 percent over the same period last year, while LNG volumes were up 12.3 percent to 4.3 million tons. Increases were also seen in dry bulk and break bulk commodities. Overall tonnage in Q1 2025 was up 5 percent from the prior year. When fully completed in the second quarter of 2025, the project will render the Corpus Christi Ship Channel the most improved waterway on the Gulf Coast, from Texas to Florida, featuring a deeper (54 feet Mean Lower Low Water) and wider (530 feet) ship channel with additional barge shelves.
port-and-ship
Apr 16, 2025
Eib, Iberdrola Sign Loans Totaling $122 Million For...
Maritime Logistics Professional
Eib, Iberdrola Sign Loans Totaling $122 Million For...April 15, 2025 The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA). The operation aims to improve the pumping capacity of the Valdecañas hydroelectric complex, which encompasses the TorrejĂłn and the Valdecañas power plants. The complex will help to secure energy supply and create storage capacity enabling the integration and management of renewable energy. The Valdecañas plant will have a total installed capacity of 225 MW, a 15 MW hybrid battery and 7.5 MWh of stored energy. Reversible pumping plants, such as those in the Valdecañas hydroelectric complex, make it possible to use and generate electricity quickly, allowing for better management of the consumption and demand curve, and stabilising the electricity grid. The upper reservoir – which feeds the plant – acts like a storage system that is charged with the water’s potential energy. Energy can then be stored when excess energy is generated from other non-dispatchable energy sources, and can subsequently be recovered when needed. It operates like a closed circuit between the upper and lower reservoir, which does not just consume water, but also reuses it. This system, which is independent of precipitation and water resources, has a long service life and can provide wide-reaching reinforcement to the electricity grid. Together, the battery and hydroelectric units will make it possible to increase the added pumping capacity to a maximum of 313 MW, and the storage capacity of the Tajo system to 210 GWh. The works to improve pumping capacity will make use of the existing installations in the Valdecañas and TorrejĂłn-Tajo reservoirs—without changes to the levels of operation—and the existing transport networks, thus reducing the impact on the environment. Once up and running, the complex will help to reduce CO2 emissions. In addition, the improvement works will directly create 165 jobs and a further 500 indirectly, boosting skilled employment. The total investment will take place in a cohesion region, an area where the per capita income is below the EU average. In this way, the project will contribute to climate action and territorial, economic and social cohesion—two of the eight priorities set out in the Group’s Strategic Roadmap for the years 2024-2027. Having received funding from the Regional Resilience Fund, the project is also in line with the objectives of Spain's Recovery, Transformation and Resilience Plan. The Regional Resilience Fund directs funding from the NextGenerationEU programme to boost investment in Spain autonomous communities, predominantly for environmental and social projects. The fund is led by the Ministry of Economy, Trade and Enterprise and is supported by the autonomous communities and cities and the Spanish Federation of Municipalities and Provinces (FEMP), with the EIB Group as a strategic management partner.
port-and-ship
Apr 15, 2025