Latest News - page 167

 

Holt Lock Closed Due to Stability Concerns

Jul 15, 2024

The Holt Lock on the Black Warrior River in Holt, Ala. is expected to be closed for as long as five more months after cracks and leaks were discovered within the lock infrastructure.The U.S. Army Corps of Engineers closed the lock on June 22…

CBP Cracking Down on Maritime Auto Theft

Jul 15, 2024

Each year, criminals try to smuggle countless stolen vehicles through U.S. ports, attempting to load them onto merchant vessels for destinations overseas.The U.S. Customs and Border Protection (CBP) has been cracking down on these efforts. During fiscal year 2023 (Oct…

US Army Corps of Engineers Names New Chief

Jul 15, 2024

The U.S. Army has selected Maj. Gen William H. 'Butch' Graham Jr.  to be its next chief of engineers and commanding general of the Corps of Engineers, Secretary of Defense Lloyd J. Austin III announced on July 10.Graham is currently serving…

US Importers Balk at Return of $10,000 Container Shipping Rate

Jul 15, 2024

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble.The Drewry…

New General Manager Appointed at San Antonio Terminal Internacional

Jul 14, 2024

San Antonio Terminal Internacional (STI) in Chile has announced that Andrés Albertini, the current commercial manager, will take over as general manager of the port terminal on August 1.Albertini holds a degree in industrial engineering with a major in mechanics from Universidad Santa María…

Italy's New FLNG Terminal to Be Operational by March 2025

Jul 12, 2024

Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic…

New Cruise Terminal to Be Built in Port of Klaipėda

Jul 12, 2024

Lithuania's Port of Klaipėda said it is moving forward with plans to build a new cruise ship terminal following the conclusion of screening procedures for the assessment of potential environmental impacts.The Environmental Protection Agency…

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Jul 12, 2024

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…

Delft Students Cross North Sea on Self-Built Hydrogen Boat

Jul 12, 2024

On July 11, 2024, Dutch students from the TU Delft Hydro Motion Team arrived in Ramsgate with their self-built hydrogen boat, becoming the first to cross from the Netherlands to England with a fully hydrogen-powered vessel, making the nearly 169-km journey across the North Sea on a single tank…

Damen’s New Dredger Starts Work in Indonesia

Jul 12, 2024

Damen’s new cutter suction dredger, the first of Damen CSD600 series, has started operations in Indonesia.The dredger was transported from Rotterdam, the Netherlands to Indonesia as deck cargo on a heavy lift carrier.The stationary dredger, which has been named Jhoni 58…

Adani Ports to Invest in Transshipment Terminal, Bloomberg News Reports

Jul 11, 2024

India's Adani Ports and Special Economic Zone plans to ramp up its investment to 100 billion rupees ($1.20 billion) to boost its southern India transshipment container port, Bloomberg News reported on Thursday.The investment in Vizhinjam port…

Port of Corpus Christi Names Hogan COO

Jul 11, 2024

The Port of Corpus Christi has named Kyle Hogan the incoming Chief Operating Officer, to succeed Clark Robertson, who will retire on September 3, 2024. Hogan will oversee Engineering Services, Port Operations, Police and Security, Emergency Management…

Port of Los Angeles Completes Pier 400 Rail Expansion

Jul 10, 2024

The Port of Los Angeles has completed construction of a major rail expansion project on Pier 400 that will improve cargo flow, reduce emissions and improve roadway safety.The rail yard serves as critical link between the San Pedro Bay port complex and the Alameda Corridor…

Xeneta: Perfect Storm for Container Shipping

Jul 10, 2024

Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion.The 15.94m TEU transported by ocean in May beats the previous record of 15.72m TEU set in May 2021, according…

Power Outages Hinder Hurricane Beryl Recovery, Delay Port Restarts

Jul 10, 2024

About 1.7 million customers remained without power in Texas on Wednesday morning, two days after Hurricane Beryl made landfall, as progress was slow during the night, hampering efforts to restore critical oil infrastructure.The storm made landfall…

Logistics News

ADNOC LNG Tanker Crosses Strait of Hormuz

ADNOC LNG Tanker Crosses Strait of Hormuz

Trump Grants 90-day Extension to Jones Act Waiver

Trump Grants 90-day Extension to Jones Act Waiver

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

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Environmentalists from the Western Balkans demand renewable energy over US gas projects
Singapore courts: Thailand's 'Land Bridge Plan' is $31 billion amid the Hormuz Crisis
Orders for LNG tankers continue to grow despite mixed prospects from the Iran War