Latest News - page 416

 

Meishan Terminal at China's Ningbo Port Resumes Operations

Aug 25, 2021

Meishan terminal at China's Ningbo port resumed operations on Wednesday after shutting down for two weeks due to a COVID-19 case, a port official said at a press briefing.The closure of the terminal has caused logjams at ports across China's…

Bo Nylandsted Larsen Joins VIKAND as VP

Aug 24, 2021

Maritime medical operations and public health provider VIKAND Solutions said it has appointed Bo Nylandsted Larsen as Vice President of Commercial Partnerships, effective September 1, 2021.Peter Hult, VIKAND CEO, said, “Bo Larsen is so very highly regarded in the maritime industry…

Port of Redwood City Invests in New Fire and Police Boat Dock

Aug 24, 2021

The Port of Redwood City said it will invest approximately $2.5 million of Port Security Grant Program funding to develop a new fire and police boat dock, which will serve as the home base for emergency vessels.The development of a new boat dock further supports the Redwood City…

Legal Beat: Rule B Alter-Ego Vessel Seizures

Aug 24, 2021

Plaintiffs seeking to recover from ship managers or the vessels they operate but lacking a direct claim against a particular vessel have developed a clever strategy under U.S. maritime law.  They seize a managed vessel under Supplemental Admiralty…

ADNOC Logistics & Services Acquires Six Stan Tugs from Damen

Aug 24, 2021

ADNOC Logistics & Services has acquired six line boats to provide critical marine services across petroleum ports in Abu Dhabi. The company, the shipping and maritime logistics branch of the Abu Dhabi National Oil Company (ADNOC), said all the…

Long Beach's All-electric, Zero-emissions Mega Terminal Completed

Aug 23, 2021

The Port of Long Beach announced it has completed a new container terminal, which it ranks as one of the world's most technologically advanced cargo facilitiesThe Long Beach Container Terminal at Middle Harbor is equipped with nearly all electric…

Baltic Dry Index Rises to Highest Peak Since 2010

Aug 23, 2021

The Baltic Exchange's main sea freight index on Monday rose to a more than 11-year peak on rising demand for all vessel sizes, with capesize rates extending their winning run to an 11th straight session.The overall index, which factors in rates for capesize…

China’s 2021 Crude Oil Imports Down 5.7% - BIMCO

Aug 23, 2021

Chinese crude oil imports fell year-on-year in June and July, ending a streak of five months of accumulated year-on-year growth. After the first seven months of 2021, China’s crude oil imports are down 5.7% compared with the same period last year…

Port Houston Moving Ahead on Billion Dollar Dredging Project

Aug 20, 2021

A Project Partnership Agreement (PPA) between the U.S. Army Corps of Engineers (USACE) and the Port of Houston Authority (Port Houston) was formally presented for the Houston Ship Channel's billion-dollar widening and deepening program, Project 11…

US Announces New Marine Highway Route and Six Marine Highway Designations

Aug 19, 2021

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Thursday announced the designation of six new Marine Highway Projects and a new Marine Highway Route as part of the America’s Marine Highway Program (AMHP). The AMHP…

Brazilian Terminal Orders Three Mobile Harbor Cranes

Aug 19, 2021

Konecranes has won an order to deliver three of its new eco-efficient Generation 6 Konecranes Gottwald cranes to Super Terminais Comercio e Industria Ltda (Super Terminais) in Brazil. The order, booked in June 2021, makes Super Terminais the first customer for the new cranes…

Tanker Firm Frontline Keeps Barstad as Permanent CEO

Aug 19, 2021

Oil tanker company Frontline has appointed Lars H. Barstad as the Chief Executive Officer of Frontline Management AS with effect from September 1, 2021.Barstad currently serves as the Interim Chief Executive Officer of Frontline Management AS…

Chinese Iron Ore Imports Fall to 14-month Low in July - BIMCO

Aug 19, 2021

Chinese iron ore imports fell to 88.5 million tons in July, the lowest level since May 2020. The fall in July means that accumulated imports are lower than in the first seven months of 2020. Imports this year have totaled 649 million, a 1.5% decline from January to July 2020…

CLEANCOR to Offer LNG Bunkering at Port NOLA

Aug 18, 2021

Port of New Orleans (Port NOLA) and CLEANCOR Energy Solutions LLC (CLEANCOR), a subsidiary of SEACOR Holdings Inc. (SEACOR), signed a memorandum of understanding (MOU) on August 17, 2021, to collaborate on ways to provide liquefied natural gas…

McDermott's CB&I Nets Another Philippines LNG Terminal Deal

Aug 18, 2021

McDermott's CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila, Inc. (AG&P) to build a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG import and regasification…

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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