DP World and Prince Rupert Port Authority have announced an agreement to study further expansion of the Fairview Container Terminal in Prince Rupert.

In 2015 Q3, the global economy further slowed down, international trade demand remained sluggish, the international shipping market continued to decline and shipping price indexes such as BDI and CCFI registered historical lows, indicating a wider recession in the shipping market and a major downward pressure on global port operations, according to a quarterly report published by the Shanghai International Shipping Institute.

The Port of Houston Commissioners have approved the proposed 2016 operating and capital budget that includes a USD314 million capital improvement plan. Revenues are projected to continue to grow by 2% next year despite the unanticipated spike in tonnage handled at the Port Authority's facilities this year.

Use of the Thames could be transformed over the next 20 years, according to the latest Thames Vision publication issued today by the Port of London Authority (PLA). The Thames Vision Goals and Priority Actions report sets out six Goals and 24 Priority Actions that need to be taken to achieve the goals. Among the goals are: the busiest ever Port of London; 20 million passenger trips a year; more goods moved by river; the cleanest river since the Industrial Revolution; and more people than ever enjoying sport and recreation.

The Port of Salalah, a major Arab Gulf regional gateway port and trans-shipment hub on the Arabian Sea, has inaugurated a new deep-water General Cargo and Liquid Bulk Terminal, adding 20 million tons of dry cargo and six million tons of liquid bulk cargo annual handling capacity.

Global marine terminal operator DP World has agreed to a set of 11 principles designed to help tackle the USD19 billion illegal wildlife trade. In a groundbreaking meeting in London last week, members of the United for Wildlife International Taskforce on the Transportation of Illegal Wildlife Products finalised the document that will shape the efforts of its transport and logistics sector members in the future.

Transas has signed a contract with the Lerwick Port Authority to install a new Vessel Monitoring System (VMS) to cover Lerwick Harbour, in Shetland. The new Transas system is required to replace Lerwick Harbour's existing system.

BMT Asia Pacific and BMT ARGOSS, subsidiaries of BMT Group Ltd, have been appointed by Hong Kong Nicaragua Canal Development Group (HKND) to undertake a series of marine and port assessments for the Nicaragua Canal.

ABB, the leading power and automation technology group, will deliver automation and remote control solutions to the underway Terminal 4 operated by the global marine terminal operator DP World in Dubai, UAE.

The Albanian Ministry of Transport and Infrastructure, Project Implementation Unit, is planning to issue a tender for the Rehabilitation/Reconstruction of Quays No 7 & 8, and in particular to commission repair works to the quay wall structure at Quays 7 & 8, in the Port of Durrës, Albania.