KISMAYU, Somalia, Dec 4- Al Qaeda- linked militants, drug smugglers and shadowy criminal networks stand in the way of the Somali federal government's hopes of hiring a foreign firm to manage the lucrative but run-down southern port of Kismayu.» Read More
SAO PAULO, Aug 28- Brazilian tycoon Eike Batista quit as chairman of Brazilian port operator LLX Logística SA on Wednesday, after agreeing to sell control of the company to U.S. investment firm EIG Global Energy Partners LLC earlier this month.
SAO PAULO/ RIO DE JANEIRO, Aug 14- Brazilian tycoon Eike Batista agreed to cede control of port operator LLX Logistica to U.S. investment group EIG Global Energy Partners, one of the biggest steps in the breakup of his once high-flying energy and mining empire Grupo EBX.
SAO PAULO/ RIO DE JANEIRO, Aug 14- Brazilian tycoon Eike Batista took another step in the break-up of his once high-flying energy and mining empire on Wednesday by agreeing to cede control of port operator LLX Logística SA to U.S. investment group EIG Global Energy Partners.
ARBIL, Iraq/ DUBAI, Aug 7- Iraq's Kurdistan region is exporting crude oil by truck to an Iranian port for shipping to Asia, industry sources say, using a trade route that is likely to anger both Baghdad and Washington.
CALGARY, Alberta, Aug 1- Irving Oil and TransCanada Corp said on Thursday they will build a $300 million marine terminal at Canaport in St. John, New Brunswick, to enable Canadian producers to export oil sands crude to world markets.
SAO PAULO, July 11- Dock workers at Brazil's main shipping ports began a one-day strike on Thursday in support of broader union demonstrations, holding up a sugar vessel in the main port of Santos.
SAO PAULO, July 10- Dock workers at Brazil's key shipping port of Santos, the largest in South America, stopped a strike over port reform early on Wednesday but plan to walk off the job again on Thursday in support of a broader union protest.
SAO PAULO, July 10- Dock workers at Brazil's key shipping port of Santos, the largest in South America, started a 24- hour strike on Wednesday to protest a port reform recently passed by Congress.
PANAMA CITY, June 27- Panama's economic activity accelerated in April despite slow traffic through its canal and ports, which helped depress growth to the lowest rate in two years in March. Construction is also under way for a mine for one of the world's largest untapped copper deposits on Panama's Atlantic Coast.
BEIJING, June 25- The mysterious Chinese businessman behind a $40 billion plan to build a canal through Nicaragua pledged transparency on Tuesday-- but refused to reveal where he attended college.
*Grains truck inflow to Argentine ports falls dramatically. BUENOS AIRES, June 17- The number of grain trucks entering Argentina's main shipping hub of Rosario dropped sharply on Monday as farmers protested government policies by refusing to sell recently harvested corn and soybeans. Argentina is the world's No. 3 exporter of both crops at a time of high demand.
Lee Cheuk-Yan, Hong Kong Legislator and Chairman of the Labour Party, calls the agreed wage increase for Hong Kong port workers a "half win", saying the union will continue to work for a collective bargaining agreement.
Australia's Port Hedland, which handles about a fifth of the world's seaborne-traded iron ore, will reopen on Wednesday after being spared the brunt of a cyclone that has also shut other major ports in Western Australia.
The threat of imminent labor unrest at four U.S. Pacific Northwest ports was averted on Wednesday as the dockworkers union said its members would stay on the job despite "substandard" contract terms being imposed unilaterally by grain shippers.
A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.
As the Greek government contemplates shedding state-owned assets to help pay down staggering debts, it could consider leasing or even selling the rest of the port to China, the New York Times reports.
Insight on Port of Miami preparing for shipments via the Panama Canal in 2014, with Bill Johnson, Port of Miami, who shares the port's plans to generate 30,000 new permanent jobs; with Gov. Rick Scott (R-FL).
Kurt Nagle, president & CEO, American Association of Port Authorities, discusses the need for Federal investment in ports as well as the ways in which a lack of investment damages American competitiveness.
Key Spillway opened to channel water away from Mississippi River, with CNBC's Brian Sullivan.
The outlook of the container shipping industry remains uncertain, according to NOL’s Chief, as the industry grapples with concerns over rising fuel costs, overcapacity and ripple effects from the Japan disaster. Shipping veteran Ron Widdows, who helms the Singapore-based company, the world’s sixth-largest container shipping company, talks to CNBC’s Christine Tan.