Latest News - page 169

 

Ukrainian Ports Cargo Shipments up Jan-June

Jul 04, 2024

Cargo shipments at Ukraine's Black Sea and Danube ports were 68% higher in January to June than in the same period of last year, a senior lawmaker said on Thursday.Six functioning ports processed 52.7 million tons of cargo compared with 31.3 million tons last year…

Port of Brownsville to Limit Ship Traffic Due to Hurricane Beryl

Jul 03, 2024

Port of Brownsville, along the U.S.-Mexico border, said on Wednesday that it would limit ship traffic due to gale force winds from Hurricane Beryl, a Category 4 hurricane heading for the Gulf.Only vessels that will be able to finish and sail…

Cultural Differences Impede Trade for Most Countries — But Not China

Jul 03, 2024

It’s a widely accepted notion among economists that cultural differences can pose a significant barrier to trade. The larger the cultural gap between two countries – judging by differences in language, customs, values and business norms – the more challenging and costly trade relations become…

Novorossiisk Port Operating as Normal After Drone Attacks

Jul 03, 2024

Russia's Black Sea port of Novorossiisk was operating as normal on Wednesday after an attempted Ukrainian maritime drone attack, the Interfax news agency reported on Wednesday, citing the local administration.'There are no restrictions. Shipping goes as normal…

Red Sea Route Diversions Prop Up Tanker Demand

Jul 03, 2024

Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight demand for crude and product tankers increase by 5.5% and 4.5% respectively in 2024.In its Q2 2024 report, MSI finds that the market is currently…

Ports of Indiana to Establish Container Port Serving Chicago Metropolitan Area

Jul 02, 2024

U.S. Customs and Border Protection (CBP) has approved a proposal from Ports of Indiana-Burns Harbor to establish the first international sea cargo container terminal on Lake Michigan. This would create the only all-water container route for…

RAISE Grants for Port Infrastructure Worth Over $48.4 Million

Jul 02, 2024

The American Association of Port Authorities (AAPA) is celebrating the announcement of $48.4 million to ports through the 2024 Rebuilding American Infrastructure with Sustainability and Equity (RAISE) award program.'These port infrastructure…

Port Dwellers Hope Cruise Ships' Switch to Shore Power Will Ease Their Pain

Jul 02, 2024

Residents near the port of Lisbon and elsewhere hope plug-in infrastructure can take some of the pain out of sharing their cities with cruise ships that belch out fumes while pleasure-seeking passengers see the sights.European Union rules designed…

LA/Long Beach Ports Invest $25 Million for Truck Charging

Jul 02, 2024

The ports of Long Beach and Los Angeles will provide $25 million for a partnership with regional air quality agencies to jump-start charging infrastructure for electric heavy-duty drayage trucks.The $135 million in projects led by the Mobile…

Digitalized Ship Inspection, SIRE 2.0 set to ‘go-live’ in two Months

Jul 02, 2024

The Oil Companies International Marine Forum (OCIMF) has confirmed that its digitalized Ship Inspection Report Program (SIRE 2.0) is scheduled to ‘go-live’ on Monday 2 September 2024 and become the standard tanker inspection tool for the marine industry…

Australian Senate Passes Live Sheep Export Ban

Jul 01, 2024

The Australian Parliament has now legislated an end date for live sheep export, with the Senate officially passing the Export Control Amendment (Ending Live Sheep Exports by Sea) Bill 2024 on Monday evening.From 1 May 2028, sheep will no longer be sent on long-haul journeys…

Port Canaveral Advances Berth Renovation of North Cargo Berth 4

Jul 01, 2024

Work is progressing on an extensive $39 million capital improvement project to rebuild Port Canaveral’s North Cargo Berth 4 (NCB4). The project included removing the existing functionally obsolete over-the-water pier, which has been out of service…

Turkey Mediating Somalia-Ethiopia Talks on Port Deal

Jul 01, 2024

Turkey has begun mediating talks between Somalia and Ethiopia over a port deal Addis Ababa signed with the breakaway region of Somaliland earlier this year, Ankara and four officials familiar with the matter said.The negotiations are the latest…

Ports America Names Fernandez VP & GM in Tampa

Jul 01, 2024

Marine terminal operator Ports America announced it has appointed Manny Fernandez as Vice President and General Manager of its operations in Tampa, Fla.An accomplished logistics and transportation senior executive in domestic and international multimodal transportation…

Port of Everett Hires Monique Liard as CAFO

Jun 28, 2024

The Port of Everett announced it has hired Monique Liard as its new Chief Administrative and Financial Officer.This role manages the Port’s $83 million operating and capital budget, while also overseeing all financial, risk management, purchasing…

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

Subscribe for Maritime Logistics Professional E‑News

Finnair gains from SAS withdrawal and Middle East disruption
Orders for LNG tankers continue to grow despite mixed prospects from the Iran War
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.