News in Numbers
$500m
APM Terminals will build a $500m terminal in Louisiana, US, after moving forward on a letter of intent with the Plaquemines Port Harbor and Terminal District.
$226m
The Port of New Orleans has been awarded a further $226m for its Louisiana International Terminal project.
£33m
The UK Government has revealed the 33 projects that have received a share of £33m as part of the Clean Maritime Demonstration Competition.
20%
Logistics startup Flexport is reportedly laying off around 20% of its workforce as the company attempts to adapt to an industry slowdown.
10%
Vessel abandonment incidents were up by almost 10% in 2023 according to data from the International Transport Workers Federation (ITWF).
