Latest News - page 245

 

DP World Invests $510 Million to Build New Terminal in Gujarat

Aug 28, 2023

Dubai-owned ports giant DP World will invest around $510 million to build a new container terminal at the Kandla port in the Indian state of Gujarat, its group chairman said on Friday.'It will enable the delivery of trade opportunities by connecting northern…

Australia’s RSPCA Renews Call for Live Sheep Export Phase Out

Aug 28, 2023

Animals Australia has again documented live export laws being broken with images of sheep cruelty aired on the ABC on Monday August 28.The RSPCA says the show provides further proof live sheep export is inherently cruel and unfixable.Meanwhile…

14th Annual Maritime Risk Symposium to be Held Nov. 14-16 at SUNY Maritime

Aug 28, 2023

The 2023 Maritime Risk Symposium (MRS) will be held Nov. 14-16, 2023, as an in-person event, hosted by Maritime College, State University of New York (SUNY) at the Maritime Academic Center. The theme of the 14th annual event is “Managing Impacts of Supply Chain Disruptors…

PSA Announces Retirement of Mike Andaloro

Aug 28, 2023

PSA International has announced the retirement of Mike Andaloro, CEO PSA BDP and CEO Sales and Operations. PSA BDP, a wholly-owned subsidiary and the cargo solutions arm of PSA, is headquartered in Philadelphia, US.Wan Chee Foong, currently…

AET Delivers LNG Dual-Fuel VLCC to Shell

Aug 28, 2023

AET delivered its newest vessel, the first of three Very Large Crude Carrier (VLCC) powered by dual-fuel liquefied natural gas (LNG) engines, on long-term charter to Shell Tankers (Singapore) Private Limited.The Malaysian-flagged Eagle Vellore was named at a ceremony at the MMHE Pasir Gudang yard…

DP World to Develop Mega-Container Terminal in India

Aug 27, 2023

DP World has signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast.The concession to develop the…

Port of Savannah Takes Delivery of More Ship-to-Shore Cranes

Aug 25, 2023

The US Port of Savannah has taken delivery of four Super Post-Panamax ship-to-shore cranes, upgrading the crane fleet to 34 machines at Garden City Terminal after four older cranes are retired and recycled.Along with the completion of our project to improve Berth 1…

Ukrainian, Turkish Foreign Ministers Say Black Sea Deal Must be Renewed

Aug 25, 2023

The Turkish and Ukrainian foreign ministers said on Friday that other solutions to the export of Ukrainian grain than the Black Sea grain deal, which ended after Russia quit last month, were less optimal.The deal brokered by Turkey and the United…

Spanish Police Make Record Cocaine Bust in Ecuadorean Banana Shipment

Aug 25, 2023

Spanish police have made a record cocaine seizure, finding 9.5 tonnes of the drug hidden among boxes of bananas in a shipping container from Ecuador in the southern port of Algeciras.The stash was the largest ever found in a single container in Spain…

Panama Canal to Extend Transit Restrictions

Aug 25, 2023

The Panama Canal expects to maintain restrictions on daily vessel transit and maximum draft for at least 10 more months amid a prolonged drought that has lowered the water level, an official from the waterway said on Thursday.The canal's authority earlier this year began imposing restrictions…

Port of Los Angeles Pays Tribute to Shipping Lines That Reduced Emissions

Aug 24, 2023

The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators…

AAPA Appoints Cary Davis as Next President and CEO

Aug 24, 2023

The Board of Directors of the American Association of Port Authorities (AAPA) has appointed Cary Davis as the organization's next President and CEO, effective October 1, 2023.Since joining AAPA in November 2019, Cary has served as the determined…

Meet BIMCO's New President Niko Schües

Aug 24, 2023

'The world has to know that there is so much more to shipping than transporting Nike shoes.'Three months ago, Niko Schües took over as President of BIMCO and he believes the shipping industry is at a turning point. Nevertheless, he does not only focus on the big solutions of the future…

Morgan Stanley Gets Behind Crowley's Offshore Wind Push

Aug 24, 2023

Morgan Stanley's infrastructure investment arm is teaming up with U.S. maritime, energy and logistics solutions company Crowley to advance offshore wind energy solutions for the United States.Investment funds managed by Morgan Stanley Infrastructure Partners (MSIP)…

Ukraine's Odesa Region Introduces New Grain Export Control Mechanism

Aug 24, 2023

The southern Ukrainian region of Odesa, which has ports on the Black Sea and Danube River, is introducing a new export control mechanism for grain, regional governor Oleh Kiper said on Thursday.'From now on, vessels (barges) will be loaded only…

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

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