Rotterdam Port Fund invests in Fleet Cleaner The investment fund Rotterdam Port Fund has acquired a stake in Fleet Cleaner, a Delft based company that removes algae that has accumulated on vessels’ hulls by using in-house developed robots. The participation of the Rotterdam Port Fund enables Fleet Cleaner to continue growing by offering its services internationally. A ship’s hull can be cleaned ...

Abu Dhabi’s Khalifa Port plans $1 bln expansion The capacity of Abu Dhabi’s Khalifa Port will increase by 50% by the end of 2020 as part of a 3.8 billion dirham ($1 billion) expansion of the emirate’s main port announced on Wednesday. The oil-rich capital of the United Arab Emirates is investing billions of dollars in infrastructure to reduce the emirate’s dependence on ...

Tanzania: TPA Eyes Efficiency in New Ports Plot The Tanzania Ports Authority (TPA) is planning to categorise and classify all its existing ports, a process that will enable the authority to have regional and district terminals in areas with major water bodies. TPA Director General, Engineer Deusdedit Kakoko, speaking to reporters here on the performance and future plans of the Authority, expressed the ...

Competition Regulator Sues Port Operator Over Alleged Misuse Of Market Power An alleged attempt by near-monopoly port operator TasPorts to block a new company from providing towage and pilotage services in competition with its own marine services offerings is at the heart of a legal action by the Australian Competition & Consumer Commission (ACCC). Details of the lawsuit were released yesterday by the ACCC, the competition ...

Cargo Volumes Dip in November In Long Beach Cargo volume dropped 3.5% last month at the Port of Long Beach as restrictive tariffs continued to drag on the national supply chain. Dockworkers moved 599,985 twenty-foot equivalent units (TEUs) in November, 3.5% less than the same month last year. Imports slid 8.3% to 293,287 TEUs, while exports were up 6.9% to 123,705 TEUs. Empty ...