Latest News - page 407

 

BV Opens Innovation and Sustainability Hub in Singapore

Oct 12, 2021

Bureau Veritas Marine & Offshore Singapore (BV) has launched a new Center of Excellence - the innovation Center of Alternative Renewables Energy (iCARE), supported by the Singapore Economic Development Board (EDB).Aligning itself with Singapore’s…

Partners to Create Digital Twins for Seaports

Oct 11, 2021

Tech companies Sinay and 3D CityScapes are teaming up to create hyer realistic digital twins for ports.3D CityScapes uses advanced technology and artificial intelligence to create digital twins, hyper realistic representations of the real-world…

Cargill Loads Soy in Texas After Ida Damages Louisiana Terminal

Oct 11, 2021

The first bulk U.S. soybean cargo from the Texas Gulf Coast in about six months was loaded and shipped last week from a Cargill Inc terminal, in a sign of shifting trade flows in the wake of Hurricane Ida, traders and shipping sources said.The…

Höegh LNG CEO Støhle Resigns

Oct 11, 2021

Höegh LNG announced on Monday that its president and CEO Sveinung J. S. Støhle is resigning to purse a career outside of Norway.The Norwegian shipowner said Støhle gave his resignation notice on October 9 and that he will remain in his role until November 1…

Baltic Index Falls, Capesizes Hold Near 13-year High

Oct 11, 2021

The Baltic Exchange's dry bulk sea freight index slipped on Monday, as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high.The overall index, which factors in rates for capesize…

Moguchaya Named CEO of Earth Science Analytics

Oct 11, 2021

Seismic data, analysis and machine learning company, Earth Science Analytics announced the appointment of Tatiana Moguchaya as its new CEO.Moguchaya has more than 15 years’ experience in both the technology and energy sectors. Her appointment…

LCT in Togo Orders Five RTG Cranes from Konecranes

Oct 08, 2021

Lomé Container Terminal (LCT) S.A. in Togo, West Africa, has ordered give more Konecranes rubber-tired gantry (RTG) cranes. The order was booked in June 2021 and the cranes will be delivered in the second half of 2022. Antoine Bosquet, VP Regional Sales EMEA…

Greece Completes Transfer of 16% Stake in Piraeus Port to COSCO

Oct 08, 2021

Greece's privatizations agency transferred shares corresponding to a 16% stake in Piraeus Port Authority to Chinese port operator COSCO Shipping after an amendment to a previous concession agreement, it said on Thursday.Last month Greek lawmakers…

Great Lakes Limestone Trade Up 10.4% in September

Oct 08, 2021

Shipments of limestone on the Great Lakes totaled 3.7 million tons in September, an increase of 10.4% compared to a year ago, trade group the Lake Carriers’ Association (LCA) reports. Limestone cargos were above the month’s five-year average by 5…

US Trade Balance with China Improving on Higher Exports -BIMCO

Oct 07, 2021

The trade war continues to rage in the shade of the headline-grabbing supply chain disruptions. The tariffs are still in place and are unlikely to go anywhere despite the change of administration in the United States. While higher exports from…

Maher Terminals Adds Three STS Cranes in NY/NJ

Oct 07, 2021

Liebherr Container Cranes said it has been awarded a contract for the supply of three ship to shore (STS) container cranes for Maher Terminals LLC at the Port of New York & New Jersey. The cranes will take their place alongside the existing eight Liebherr STS cranes at Maher’s terminal…

'Containergeddon': Supply Crisis Drives Walmart and Rivals to Hire Their Own Ships

Oct 07, 2021

The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world.Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls.The dry bulk…

Port Everglades Signs MOU with Honduran Port Authority and Terminal Operator

Oct 06, 2021

Port Everglades, a department of Broward County government, the Empresa Nacional Portuaria (National Port Authority of Honduras), and Operadora Portuaria Centroamericana (OPC), terminal operator at Puerto Cortes, signed a Memorandum of Understanding…

IMO to Establish Regional Office for the Pacific Islands

Oct 06, 2021

IMO's Technical Cooperation Committee at its 71st session (TC 71) (20-24 September) has approved the establishment of an IMO Regional Presence Office (RPO) for the Pacific Islands region. If approved at the thirty-fourth extraordinary session of the Council (08 - 12 November 2021)…

ZIM Establishes Digital Freight Forwarding Company

Oct 06, 2021

ZIM Integrated Shipping Services Ltd. on Wednesday announced the creation of a new subsidiary, Ship4wd, a digital freight forwarding platform offering an online self-service end to end shipping solution.Launching October 18, 2021, Ship4wd is…

Logistics News

Baltic Index Rises Alongside All Vessel Segments

Baltic Index Rises Alongside All Vessel Segments

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow

EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow

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UAE-owned tanker leaks fuel after Iranian strike
Traders say that the exports of Russian ESPO Blend crude oil from Kozmino will increase by 1.5% in May.
Ukraine claims it has struck Russian oil and gas infrastructure