DP World expansion reports 60% increase in revenue
The revenues of the global port operator DP World increased by 60% in 2022 due to demand for services in the…
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port news
BRAZIL: DP World invests USD 35M to increase capacity in Santos
According to Alphaliner, DP World invests USD 35M in Santos, Brazil, to increase the annual handling capacity from…
Ecological ships with “alternative propulsion” reach 40% of new…
The percentage of "alternative" or green propulsion containerships in the newbuild order book has exceeded 40%.
Classification of Chinese ports changes during the pandemic
A combination of changing trade patterns, pandemic-related closures, and strategic reorganizations has seen 8 of…
Debt payment improves credit rating for DP World
Moody's upgraded its credit rating on DP World to Baa2 from Baa3 after the company's net debt to EBITDA ratio fell…
Port of NY/NJ surpasses record for volume handled in its entire history
The port of NY/NJ in the United States exceeds the historical record for volume handled in its entire history, says…
Maersk to integrate, not seek new alliance of container lines
Senior Maersk officials have informed Alphaliner the line will be integrated and will not seek to establish another…
Throughput Drops for COSCO Shipping Ports Seaports
Shanghai-based terminal group COSCO Shipping Ports posted a 2.2% decline in throughput for 2022 after a significant…
Port of Los Angeles remains as the number one port in the USA
According to Alphaliner, the Port of Los Angeles confirmed that it handled 9.9 Mteu in 2022, its second-best annual…
Two STS cranes removed from Charleston’s Wando Welch Port Terminal
Two STS gantry cranes from the Wando Welch terminal in Charleston destined for the Canadian port of Saint John, New…
