Panama Canal Battles Ongoing Drought
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate.Tres Hermanas, with its farms, two schools, churches and a medical clinic, is one of dozens of towns that would disappear in the next six years if the state-owned Panama Canal's ambitious $1.6 billion project goes ahead.
SeaPort Manatee adds two Eco-efficient Harbor Cranes
SeaPort Manatee is furthering its ship-to-shore cargo-handling capabilities with addition of two new Konecranes Gottwald Generation 6 mobile harbor cranes at the maritime trade hub for Southwest and Central Florida and beyond.The latest pair of eco-efficient cranes arrived at the seaport Monday [Dec. 2], after a trans-Atlantic voyage from Antwerp, Belgium, on Spliethoff’s M/V Plantijngracht. The units are to enter service in January, bringing to a total of seven the number of Gottwald mobile harbor cranes in use at SeaPort Manatee.“With cargo flowing through SeaPort Manatee at a record pace…
San Antonio Terminal Int'l concession extended until 2030
Empresa Portuaria San Antonio (EPSA) filed a Material Event with the Financial Market Commission (CMF), informing that San Antonio Terminal Internacional (STI) had met the investment conditions agreed in 2020 and, therefore, its concession will be extended until January 1, 2030 (the second extension since the concession originally ended in 2020).“In recent years we have implemented an intensive capex plan, investing US$66 million, of which US$47 million was to extend the concession.
Snake Island Port inks 45-Year Concession with NPA
Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement and expansion of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within Snake Island Integrated Free Zone. The approval for the project was granted in 2023 by the Federal Executive Council (FEC), which has oversight on the implementation of major infrastructure projects across the country. The concession is for a period of 45 years with an optional extension.Nigerdock Chairman and CEO…
Port of Oakland Leads in Ag Reefer Exports
Port ranks number one for refrigerated exports, supports $8.5 billion in ag exports.The Port of Oakland continues to be one of the most important gateways for U.S. agricultural products. The Port exported 235,899 TEUs (twenty-foot containers) of agricultural commodities as of October 2024, totaling nearly $8.5 billion. Oakland ranks number one by TEU volume in international refrigerated (reefer) export trade among United States ports.“The Port of Oakland is a major international gateway for California’s and the nation’s farmers,” said Port of Oakland Maritime Director Bryan Brandes.
