COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO Expands Red Sea Footprint with Jeddah Port Investment

COSCO SHIPPING Ports acquired a 20% stake in Red Sea Gateway Terminal (RSGT) to strengthen its strategic presence in the Red Sea region. RSGT, located in Jeddah Islamic Port, is the largest terminal in the port and boasts a significant geographical advantage. This collaboration will upgrade terminal facilities, improve operational efficiency, and help COSCO SHIPPING Ports expand into the Middle East and African markets, achieving mutual benefits and win-win results. This investment highlights COSCO's commitment to developing key trade routes.

02/11/2026 Logistics
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COSCO Ship Collision at Egypt Port Risks Cargo Delays

COSCO Ship Collision at Egypt Port Risks Cargo Delays

COSCO Shipping's "CSCL YELLOW SEA" vessel collided with a pier in Alexandria, Egypt, causing damage to a quay crane and its detention. This ship operates on the Asia-Europe route and has called at several major Chinese ports. The accident may lead to shipping delays. Freight forwarders and foreign trade companies are advised to pay close attention to the situation.

02/11/2026 Logistics
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Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

Chinas Cosco Finalizes Hamburg Port Stake Amid Geopolitical Tensions

COSCO Shipping's acquisition of a 24.9% stake in the Container Terminal Tollerort (CTT) at the Port of Hamburg has been approved. This adjusted equity ratio reflects Germany's balancing act between economic cooperation and national security. As a vital European hub, the Port of Hamburg is a key component of COSCO Shipping's global strategy, facilitating European market expansion and promoting Sino-European trade. This event highlights the complexities of Sino-European economic relations and the shared challenge of deepening cooperation while ensuring security.

02/11/2026 Logistics
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Guangzhou Port Sells Zhonglian Shipping Stake in Strategic Pivot

Guangzhou Port Sells Zhonglian Shipping Stake in Strategic Pivot

Guangzhou Port plans to list its 14.7% stake in CULines for transfer, completing its full exit from the shipping company. Previously, Guangzhou Port partially reduced its holdings in CULines through share repurchase and agreement transfer. This transaction may be a significant move for Guangzhou Port to optimize its asset structure and adjust its shipping strategy, drawing market attention to its future development direction. The sale marks a complete departure from CULines for Guangzhou Port.

02/11/2026 Port Encyclopedia
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Danny Wan Leads Port of Oakland Amid Challenges Opportunities

Danny Wan Leads Port of Oakland Amid Challenges Opportunities

Danny Wan, the new Executive Director of the Port of Oakland, outlined the port's strategic plans in an interview, focusing on supply chain infrastructure development, addressing trade challenges, expanding import and export business, and resolving stadium site selection. He emphasized the importance of collaborating with business partners, improving operational efficiency, ensuring the port's industrial status, and achieving sustainable development. Wan aims to lead the Port of Oakland to greater development in the new environment.

02/11/2026 Logistics
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Retailers Push White House to Mediate Port Labor Talks

Retailers Push White House to Mediate Port Labor Talks

The NRF is urging the White House to intervene in the labor negotiations between the ILA and USMX to prevent a potential port strike. The NRF warns that a strike would severely damage the retail industry and the overall economy. Disruptions caused by a port strike would further exacerbate existing supply chain challenges and negatively impact businesses and consumers nationwide. The NRF emphasizes the urgency of finding a resolution to avoid significant economic consequences.

02/12/2026 Logistics
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Retailers Push White House to Mediate Port Labor Talks

Retailers Push White House to Mediate Port Labor Talks

The National Retail Federation (NRF), along with 177 industry associations, is urging the White House to intervene in the labor negotiations between the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to avert potential port strikes after the contract expires at the end of September. The NRF emphasizes that a strike would be devastating to the economy and urges the White House to facilitate an agreement between the two parties to ensure supply chain stability. They are concerned about the potential economic fallout from any disruptions.

02/12/2026 Logistics
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Alabama Inland Port Breaks Ground to Enhance Supply Chain

Alabama Inland Port Breaks Ground to Enhance Supply Chain

The Alabama State Port Authority is partnering with CSX Transportation to build an inland port in Montgomery, aiming to improve supply chain efficiency and boost economic growth. This project will provide a faster route for central Alabama to the Port of Mobile, reducing transportation costs and transit times. It will enhance the competitiveness of local businesses and elevate Alabama's position in the global supply chain. The inland port is expected to streamline the movement of goods and create new economic opportunities for the region.

02/12/2026 Logistics
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US Port Upgrades Transform Supply Chains Amid Growth Push

US Port Upgrades Transform Supply Chains Amid Growth Push

This article delves into the impact of US port infrastructure upgrades on the supply chain. Through an interview with Descartes' Senior Vice President Brendan McCahill, it explores the current state and future trends of ports on the West Coast, East Coast, and Gulf Coast. The article emphasizes that businesses should monitor port dynamics, optimize supply chain layouts, strengthen cooperation and communication, and embrace technological innovation to seize the opportunities presented by port upgrades and reshape supply chain competitiveness. This proactive approach allows companies to navigate the evolving landscape and capitalize on infrastructure improvements.

01/26/2026 Logistics Industry Insights
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Port of Virginia Boosts Capacity with 217M Crane Upgrade

Port of Virginia Boosts Capacity with 217M Crane Upgrade

The Port of Virginia is investing $217 million in automated stacking cranes to enhance throughput at Virginia International Gateway and Norfolk International Terminals, addressing the challenges posed by the Panama Canal expansion. This move signifies a trend towards port automation upgrades, promising increased efficiency, reduced costs, and a positive impact on the supply chain. The investment aims to modernize operations and solidify the Port of Virginia's position as a leading container port on the East Coast.

01/27/2026 Logistics
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