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Savannah’s Ocean Terminal renovations 60 percent complete

Renovations at the Port of Savannah’s Ocean Terminal are now more than 60 percent complete. The $1.6 billion project will grow the facility’s annual container capacity from 200,000 twenty-foot equivalent container units to 1.75 million TEUs. “Ocean Terminal is a major part of our strategy to prepare Savannah for future growth. The renovated berth is ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Newbuilding Activity Booming

Fresh newbuilding contracting activity has been recorded over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained exceptionally strong this…

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