Latest News - page 168

 

Russian Attack Damages Ukrainian Port

Jul 10, 2024

Russia launched 20 drones and five missiles at Ukraine on Wednesday, killing two people in the Black Sea region of Odesa, damaging port infrastructure and hitting an energy facility in the northwest, officials said.A truck driver and security…

Bad Weather Halts Container Movements Near Cape of Good Hope

Jul 10, 2024

Severe weather conditions near the Cape of Good Hope has brought container traffic to a halt this week according to analysis by LSEG Shipping Research.Since Monday, daily transit data and vessel location data via the LSEG Workspace Interactive…

Container Shipping Demand Soars, System Chaos Reigns

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, as the 15.94m TEU transported by ocean in May beats the previous record of 15.72 TEU set in May 2021, according…

Home-Grown: S. Korea's First OCCS put to the Test

Jul 10, 2024

KR announced the successful installation of an onboard carbon capture system (OCCS) with purely domestic technology, and it will soon undergo internal verification testing.The project began in April 2023 as a collaborative effort with HMM, Samsung Heavy Industries (SHI) and PANASIA…

New 250kW Hydrogen Fuel Cell Prepped for Maritime

Jul 10, 2024

Sydrogen Energy Pte. Ltd. (Sydrogen), a Singapore-based fuel cell components and systems company, announced its entry into the maritime market with a 250 kW fuel cell power module. Developed in a collaboration signed with Shanghai Hydrogen Propulsion Technology Co…

Monthly US Import Cargo Continues to Rise

Jul 09, 2024

Monthly inbound cargo volume at major container ports in the US is continuing to rise despite a variety of supply chain challenges, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates…

EFI: Shorthorn Express Headed Back to Israel Despite Earlier Attack

Jul 08, 2024

Ethical Farming Ireland (EFI) has raised concerns that the livestock carrier Shorthorn Express is currently sailing to Israel from Greenore despite having previously been subject to a Houthi attack in the Red Sea region in June. The Shorthorn…

SAAM Terminals, Next Port AI Partner

Jul 08, 2024

SAAM Terminals closed a global collaboration agreement with Next Port AI, the technology subsidiary of the global company Moffatt & Nichol, to implement its new platform that combine DigitalTwin and Artificial Intelligence technologies: a digital replica of the port´s physical assets…

Fratelli Cosulich Orders Pair of Chemical Bunkering Tankers

Jul 08, 2024

Fratelli Cosulich Group placed an order for two 7,999 dwt IMO2 chemical bunkering tankers at Taizhou Maple Leaf Shipbuilding Co., Ltd., with options to build two more units.The delivery of the first of these methanol-ready vessels will be in the first half of 2026…

Texas Energy Industry Assesses Damage After Hurricane Beryl Batters Gulf Coast

Jul 08, 2024

The Texas energy industry was evaluating the impact from Hurricane Beryl on Monday after the powerful storm lashed the U.S. Gulf Coast, closing key shipping ports and hitting the oil refining and production sectors.Beryl made landfall near the coastal town of Matagorda…

Canada's West Coast Port Strike Averted After Board Order

Jul 08, 2024

A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the country's industrial relations board found the union's strike notice was in violation of the labor code, the board said in an order.'The Board directs the union to rescind its strike notice…

US Adds Six Companies to Trade Restriction List

Jul 08, 2024

The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China's military forces, according to a government posting.Two of the companies are in China, one in South Africa…

Port of Houston Shut Ahead of Tropical Storm Beryl

Jul 07, 2024

The largest ports in Texas closed operations and vessel traffic on Sunday as Hurricane Beryl intensified as it approached the Texas coast near Houston.Beryl, which left a trail of destruction this week in the Caribbean, killing at least 11 people…

Nordic Fender and SkyLab Advance Smart Fenders

Jul 04, 2024

Nordic Fender has entered a strategic partnership with SkyLab IoT for the development and expansion of smart fender and buoy solutions that provide real-time data worldwide.Nordic Fender products can now benefit from live monitoring of critical parameters such as air pressure…

Russian Missiles Kill Two, Damage Odesa Port

Jul 04, 2024

Russian strikes killed two people and wounded 26 on Thursday in Ukrainian regions stretching from the south to the east and northeast, local authorities said.A missile strike in southern Odesa region killed a woman, injured seven people and damaged port infrastructure…

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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Rio Grande extends its LNG facility construction in Texas for three years
Airline cancels flights due to Middle East conflict
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.