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Adani to Offer 50% Discount on Charges to LNG-fueled Ships at Mundra Port

Jul 20, 2021

The Adani Group will offer a 50% discount on charges to liquefied natural gas (LNG)-fuelled ships at Mundra, India's largest commercial port, according to a notice seen by Reuters, as the country seeks to cut emissions under its green ports plan…

Marella Explorer 2: First Cruise Ship Since 2019 to Arrive in Port of Cromarty Firth

Jul 19, 2021

The Scottish Port of Cromarty Firth is set to welcome its first cruise ship since 2019 with the arrival of the Marella Explorer 2 on July 25.The news comes as the Scottish cruise sector prepares to resume operations after First Minister Nicola…

USACE Gets 'Strong Funding' for FY22 by House Committee

Jul 19, 2021

Waterways Council, Inc. (WCI) applauded approval by the House Appropriations Committee (by a vote of 33 to 24) of strong funding for the U.S. Army Corps of Engineers for Fiscal Year 2022 (FY22).  The Committee provided overall funding for the Corps’ Civil Works Mission for FY22 at $8…

Ship Recycle Prices Hurtle past $600/LDT

Jul 19, 2021

Demo markets continue their upward trajectory this week surpassing the $600/LDT barrier on a number of select units. This may be due to a general paucity in the overall supply of tonnage over these quieter summer/monsoon months, while local steel plate prices have regained momentum of late…

U.S. Appeals Court Blocks Ruling that Would Have Suspended CDC Cruise Ship Rules

Jul 19, 2021

A U.S. appeals court late Saturday in a 2-1 ruling put on hold a lower-court decision that said the U.S. Centers for Disease Control and Prevention (CDC) could not enforce its coronavirus cruise ship rules in Florida.Last month, U.S. District…

Eimskip Names New CFO

Jul 16, 2021

Iceland-based shipping and logistics firm Eimskip has appointed María Björk Einarsdóttir as CFO, to take over from Egill Örn Petersen, who has decided to resign due to personal reasons. Egill Örn Petersen, who has been the CFO of Eimskip since the beginning of 2019…

Low River Water Levels Choke Argentine's Ag Exports

Jul 15, 2021

Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…

Cruise Ships Back to Canadian Waters from November

Jul 15, 2021

Canada will allow cruise ships back into its waters starting in November as the COVID-19 pandemic fades, but they must fully comply with public health requirements that have yet to be finalized, Ottawa said on Thursday.Earlier this year, Canada extended a ban on cruise ships until February 2022…

Ivory Coast's Cocoa Bean Stocks Pile Up as Port Deliveries and Exports Slow

Jul 15, 2021

Deliveries of cocoa beans to Ivory Coast's two main ports have slowed in recent weeks as an energy crisis hit industries in the world's top cocoa-growing nation, exporters and cocoa cooperative officials said on Thursday.A lack of shipping containers…

Fincantieri Floats Out 'Viking Mars' Cruise Ship

Jul 15, 2021

Italian shipbuilding giant Fincantieri has floated out the Viking Mars ocean cruise ship being built in Ancona for the shipowner Viking.The Viking Mars will be placed in the small cruise ship segment. Like its sister ships, the about 47,800-ton vessel…

Parched Argentine River Cuts Into Grains Exports

Jul 15, 2021

Ships leaving the Argentine agricultural ports hub of Rosario on the Parana River are having to reduce cargos by thousands of tonnes due to low water levels, the local head of logistics said on Wednesday, amid growing environmental concerns…

Asyad Looks Abroad for Possible Expansion

Jul 15, 2021

Oman's state-owned Asyad is considering buying ports and terminals abroad and could divest assets outside its core logistics business, such as a college and project management operation, its chief executive said on Thursday.The plans by the company…

Pair of Inland Container Vessels for Den Bosch Max BV Named

Jul 15, 2021

Two new inland container vessels built by Concordia Damen were named at a ceremony held at BCTN’s inland terminal at Den Bosch on Saturday, July 10, 2021. Den Bosch Max BV is a joint venture between logistics services provider Nedcargo International BV and inland terminal operator BCTN…

Saudi PIF, China's COSCO Buy Stake in Red Sea Gateway Terminal

Jul 15, 2021

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, and COSCO SHIPPING Ports Ltd have completed a deal to buy a combined 21.2% stake in Red Sea Gateway Terminal Ltd from Saudi Industrial Services Co (SISCO).SISCO will receive gross proceeds of 556…

Port of Los Angeles Sets New Volume Record for June

Jul 14, 2021

The Port of Los Angeles hit a new volume record in June as U.S. businesses race to replenish stocks and build inventories for the back-to-school, Christmas and other holiday shopping seasons.Total volume at the Port of Los Angeles hit 876,430 20-foot equivalent units (TEU) in June…

Logistics News

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

NexusWave Implemented on IEA Fishing Vessels

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

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