Latest News - page 93


And the Winner is ... Singapore ... (again)

Aug 21, 2024

Singapore announced top maritime centre for 11th consecutive yearThe Baltic Exchange, in collaboration with Xinhua News Agency, announced the release of the 2024 Xinhua-Baltic International Shipping Center Development Index (ISCDI) Report. Now in its 11th year…

Marsh Launches $50M Port Blockage Insurance Facility

Aug 21, 2024

Marsh launched a $50 million port blockage insurance facility, covering shipping ports and terminals around the world.Created by Marsh following the collapse of the Francis Scott Key Bridge and subsequent disruption at the Port of Baltimore…

More Chinese Steel Enters India

Aug 21, 2024

India continued to be a net importer of steel during the first four months of the current fiscal year beginning April, with China as its biggest supplier of the alloy, according to provisional government data seen by Reuters.India imported 2…

Johns Hopkins APL, USCG Team to Address Defense, Maritime Security Challenges

Aug 20, 2024

The Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland, and the U.S. Coast Guard Research and Development Center (RDC) in New London, Connecticut, have signed a comprehensive memorandum of understanding (MOU) to team up on addressing…

Marlink Upgrades Solstad Offshore Hybrid Network

Aug 20, 2024

Marlink extended its Sealink NextGen solution for Solstad Offshore to include a flexible fleet agreement for Starlink LEO services, aimed at increasing the flexibility to allocate data according to actual needs at any given time across the fleet…

Indian Port Workers to Strike

Aug 19, 2024

A group of Indian port workers' unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members.A strike by India's port workers could exacerbate the existing congestion issues at Asian and European ports…

Container Shipping Rebound in Rush to Fill US Inventories

Aug 19, 2024

Transatlantic container shipping volumes into the United States are rebounding, the head of Hapag-Lloyd said on Monday, boosted by restocking and a rush to fill up inventories amid a risk of possible strike action at U.S. ports.Freight sector…

US Freight Forwarder Diverting Cargo Away from Canadian Ports

Aug 19, 2024

US freight forwarder C.H. Robinson said on Monday it was diverting some of its U.S. customers' ocean cargo away from Canadian ports as the threat of a rail strike looms.It said roughly 80% of its customers who had switched are now exporting…

GAC Spain Expands to Port of Huelva Offering Vessel Support

Aug 19, 2024

GAC Spain opened a new office at the Port of Huelva, positioning the global ship agent to serve its existing dry and liquid bulk customers, as well as gas carriers at Huelva. These include ship agency, husbandry, bunker fuels, customs clearance…

CCG’s Science Vessel CCGS Naalak Nappaaluk Launched

Aug 19, 2024

Seaspan Shipyards (Seaspan) launched the Canadian Coast Guard’s flagship science vessel, CCGS Naalak Nappaaluk.The fourth ship designed, built and launched by Seaspan under the National Shipbuilding Strategy, the Offshore Oceanographic Science…

Houma Navigation Canal Lock Project Moves Forward

Aug 19, 2024

Governor Jeff Landry, alongside representatives from the Louisiana Coastal Protection and Restoration Authority (CPRA), the United States Army Corps of Engineers (USACE), and various federal, state and local officials, marked a milestone with…

Donjon Marine Tapped for Maintenance Dredging in Newark, NJ

Aug 19, 2024

Hillside, N.J.-based dredging and marine services contractor Donjon Marine has been awarded a contract to perform maintenance dredging in Newark, N.J.The $32,334,174 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers New York District…

Crowley Breaks Ground on Salem Offshore Wind Terminal

Aug 19, 2024

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…

Bumper Crop of Soybeans Coming from Ukraine

Aug 19, 2024

Ukraine is likely to harvest a record 5.7 million metric tons of soybeans in 2024 thanks to a larger than expected sowing area, the ASAP Agro agriculture consultancy said on Monday. Ukraine harvested about 5 million tons of soybeans in 2023…

Stronger Steel Prices Boost Dalian Iron Ore

Aug 19, 2024

Dalian iron ore futures prices retraced earlier losses on Monday, as firmer steel prices and revived hopes of stimulus in top consumer China added support to the volatile market.The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0…

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