Shipping & logistics

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Watco to purchase 31 Terminal operations in the U.S.

Watco and Kinder Morgan Terminals reached a definitive agreement

   

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Outlook for the shipping industry remains challenging

Overcapacity is still an issue for all three major segments

   

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New grain export port in Australia’s Eyre Peninsula being pushed

New port could boost competition

   

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Low oil prices could slow rate of efficiency improvements in energy

Plunge in oil prices blunts the incentives to use oil wisely

   

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Installation of new Pacific locks at the Panama Canal began

Works for the Panama Canal expansion advance

   

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Capital spending of nearly $7 billion for the Great Lakes-seaway system

Minnesota ranked third of states with Great Lakes ports in spending

   

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Rail service expansions proposed at the Port of Greater Baton Rouge in Louisiana

Expansion includes installation of interchange tracks

   

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Proposed Nicaragua Canal could struggle to find private investors for financing

Developer has not yet released economic feasibility study

   

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Works for the Murmansk transport hub in Russia to be carried out on schedule

Project could lose some of its funding

   

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Bunge begins loading fifth ship to leave its new Bunbury Port facility

Construction of the Bunge Bunbury terminal began in 2013

   

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