September 22 - Heavy lift specialist SAL Shipping expects business to boom in the next 12 months as oil and gas developments, including Gorgon, gain momentum.
"We expect the Cape Lambert project for Rio Tinto to happen soon and Oakajee Port is perhaps progressing at a slower pace than expected but it will happen," SAL Shipping managing-director, Berndt Olesen said.
In July, SAL secured a contract to transport reels for the multimillion dollar Cossack Wanaea Lambert Hermes project.
Germany-headquartered SAL Heavy Lift has launched its second Orca-class heavy lift vessel, Frida, at the Wuhu Shipyard in China.
Indian-based Express Global Logistics (EXG) has moved 72 large pipes from Southeast Asia to Bangladesh.
Associated British Ports (ABP) has purchased 21 acres (8.5 ha) of land to the west of the port of Immingham in North Lincolnshire, United Kingdom.
Port Houston reported a strong surge in activity at its multipurpose facilities in September 2024. Steel imports were up 25 percent year on year.
For the first nine months of 2024, the port of Antwerp-Bruges saw a total throughput of 210.5 million tonnes, an increase of 3 percent compared to the same period last year and a stabilisation in comparison to the second quarter of 2024.
The 15th edition of the One World Market Sentiment Index for the multipurpose and breakbulk shipping market showed a modest increase to a level of in 54.6 in Q4 2024 (54.3 in Q3 2024)
