Latest News - page 162

 

Scotland's Largest Commercial Shore Power System Enters Construction Phase

Aug 09, 2024

Construction of Scotland’s largest commercial shore power system has started at Port of Aberdeen as part of a $5 million (£4 million) project designed to supply clean electricity to vessels at seven berths.The ‘Shore Power in Operation’ demonstrator project is one of the first of its kind in the U…

Containerized Cargoes Surge into the US Amid Strike Concerns

Aug 08, 2024

Monthly inbound cargo volume at major container ports in the US could see a near-record surge this month as retailers bring in merchandise ahead of a potential strike at East Coast and Gulf Coast ports this fall. The prediction for the container…

Have Container Volumes from China to North America Peaked?

Aug 07, 2024

Ocean container shipping demand from China to North America and North Europe continued to break records in June, but the latest data from Xeneta indicates it may now have peaked.The June highs came as importers rushed to protect supply chains…

Partners to Develop LNG Terminal on Mexico's West Coast

Aug 07, 2024

Energy company GFI LNG and energy infrastructure developer Pilot LNG announced a partnership to develop, construct and operate a small-scale liquefied natural gas (LNG) terminal in Salina Cruz, Mexico.The partners said they plan to commence…

Rail Expansion to Boost Container Shipping from Georgia Ports

Aug 07, 2024

The Georgia Ports Authority (GPA) is enhancing its rail cargo capacity to transport containers across the state and into the Midwest more quickly and efficientlyGPA General Manager of Inland Operations Wesley Barrell, speaking at the inaugural…

Port Strikes Halt Argentina Grain Shipments

Aug 07, 2024

A strike launched by Argentine oilseed industry workers has halted grain shipments from local ports with soybean processing plants, the country's Ports and Maritime Activities Chamber (CAPyM) said on Wednesday.Argentina is a top global supplier of the processed soybeans…

Maersk Anticipates Slower Growth Following Red Sea Crisis Surge

Aug 07, 2024

Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea attacks and other disruptions, it said on Wednesday.The Danish company, viewed as a barometer of world trade…

Ulsan Port Authority Makes Move on Alternative Marine Fuel Supply Chain

Aug 07, 2024

Ulsan Port Authority (UPA) signed an equity investment agreement worth $17.6 million with Hyundai Oil Terminal Corporation on August 1,  2024, to establish  Korea’s alternative marine fuel supply chain centered on Ulsan Port.The investment is…

India Tightens Ties to Russian Oil

Aug 07, 2024

“During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an increase of 1000% compared to 2021, before Russia invaded Ukraine…

Record Exports from Australia’s Pilbara Ports

Aug 07, 2024

The Pilbara region of Australia has achieved a record 758.3 million tonnes of exports passing through its ports in the 2023-24 financial year.This marks the fifth consecutive year of record-breaking throughput for Pilbara Ports.The Port of Port…

Michigan Awards $5 Million for Maritime Infrastructure Projects

Aug 06, 2024

The Michigan Department of Transportation (MDOT) has revealed the winners of the 2024 Michigan Maritime and Port Facility Assistance Grant Program, which will allocate $5 million to maritime projects throughout the state.The five chosen projects aim to enhance Michigan's maritime infrastructure…

Greek Coast Guard Makes Million Dollar Cocaine Bust

Aug 06, 2024

Greek authorities have confiscated cocaine valued at more than 1 million euros ($1.10 million) that was hidden in a sea container for bananas, the coast guard said.The drugs, seized from a vessel in Piraeus port on Monday, were found with the…

IMO Launches Toolkit to Curb Insider Security Threats

Aug 05, 2024

The IMO has launched a new toolkit that will help the global maritime industry respond better to ever-evolving insider threats.Insider threat refers to the risk that arises from a maritime employee carrying out or enabling a security incident…

Simulation Training Profile: Chris Hearn, Memorial University

Aug 05, 2024

Memorial University in St. Johns, Newfoundland & Labrador, Canada, is a microcosm of how this unique regional cluster has parlayed its geographic locale and harsh, unique operating conditions into world leadership in the maritime, offshore energy and subsea tech spaces…

USACE Gives Update on Monongahela River Locks and Dam 3

Aug 05, 2024

The U.S. Army Corps of Engineers Pittsburgh District said it is expediting the opening of a 100-foot-wide navigation channel through the dam at Monongahela River Locks and Dam 3 near Elizabeth, Pennsylvania, by August 28.On July 15, the Monongahela River Locks and Dam 3 staff near Elizabeth…

Logistics News

Raw Sugar Futures Falls After Two-Week High Alongside Coffee, Cocoa

Raw Sugar Futures Falls After Two-Week High Alongside Coffee, Cocoa

US Corn, Wheat, Soy Futures Rise Alongside Crude Oil

US Corn, Wheat, Soy Futures Rise Alongside Crude Oil

Ukraine Threatens Pushback if Israel Allows Grain Vessel to Dock

Ukraine Threatens Pushback if Israel Allows Grain Vessel to Dock

World’s First Ammonia Port-to-Ship Bunkering for Commercial Vessels Completed at Ulsan Port

World’s First Ammonia Port-to-Ship Bunkering for Commercial Vessels Completed at Ulsan Port

Subscribe for Maritime Logistics Professional E‑News

JetBlue Airways' return to profitability may be affected by the Spirit bailout and its large fuel bill
Jet fuel crisis is a boon to Nigerian Dangote but not local airlines
JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal