Latest News - page 115


US Maize Exports Rebound

Aug 15, 2024

In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September…

Paris Wheat Drops as Concern About Ukrainian Port Attack Fades

Aug 15, 2024

European wheat hit four-month lows on Thursday, surrendering earlier strength generated by a Russian attack on a Ukrainian grain port, as attention returned to slack export demand and cheap competition from Black Sea suppliers, traders said…

DP World's First Half Profits Take a Hit from Middle East Tensions

Aug 15, 2024

Dubai-owned DP World reported a 59% drop in first-half profit on Thursday as the ports and logistics company grappled with shipping disruptions in the Red Sea as tensions flare in the Middle East due to the ongoing Israel-Hamas war in Gaza.Missile…

Possible US Seaport Strike Could Snarl Supply Chains for Months

Aug 15, 2024

A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.Retailers like Walmart and other importers have been rushing goods in ahead of the Sept…

US Grain Exports Up 12%, but China Imports Fall

Aug 15, 2024

“In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September…

Greenpeace Claims Link Between Air Pollution from LNG Terminals and Premature Deaths

Aug 14, 2024

A new analysis, Permit to Kill, released by Greenpeace USA and the Sierra Club, indicates that permitted emissions from both currently operating and planned LNG terminals in the US have an impact on public health.The report states that the selected…

Hybrid Cranes Delivered to East Java Multipurpose Terminal

Aug 14, 2024

The East Java Multipurpose Terminal (EJMT) recently took delivery of two new Konecranes Gottwald post-Panamax ESP.8 mobile harbor cranes.The new equipment will support EJMT in handling bulk, project and container cargo once the terminal commences operations in September…

BP: Venture Global Can’t Justify Calcasieu Pass Delay

Aug 14, 2024

Oil and gas producer BP Plc told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.Venture Global LNG's Calcasieu…

Port of Virginia Wraps Up Rail Yard Expansion

Aug 14, 2024

The Port of Virginia has fully activated its expanded central rail yard, marking the completion of a project that now enables the port to handle 2 million 20-foot equivalent units (TEUs) by rail each year.“Modernizing and expanding the capability…

Rijeka Gateway to Roll Out 5G Stand Alone Connectivity

Aug 14, 2024

The new Rijeka Gateway in Croatia is adopting next-level private 5G campus network in a move to ensure its digital connectivity infrastructure is robust.Rijeka Gateway, a joint venture between APM Terminals and ENNA Group, has partnered with Croatian telecommunications company Hrvatski Telekom (HT)…

Callan Marine Awarded $104 Million Texas Dredging Project

Aug 14, 2024

The U.S. Army Corps of Engineers (USACE) Galveston District (SWG) on Monday awarded a $104 million contract to Galveston-based dredging contractor Callan Marine for the deepening of the Brazos Island Harbor (BIH) Ship Channel in South Texas…

DP World and Evyap Group Forge New Logistics Hub in Turkey

Aug 14, 2024

DP World and Evyap Group have successfully finalized a merger that combines the capabilities of two key ports along the Marmara Sea. This merger, completed after securing approval from the Turkish Competition Authority, establishes a new international logistics hub…

Caribbean Port Expands Capacity with New Mobile Harbor Crane

Aug 14, 2024

In the second quarter of 2024, the St. Vincent and the Grenadines Port Authority (SVGPA) placed an order for a Konecranes Gottwald ESP.7 Mobile Harbor Crane to enhance its capabilities in handling containers and general cargo at the Port of Kingstown…

Corio Teams Up with Brazilian Shipyard to Assess Its Offshore Wind Hub Potential

Aug 14, 2024

Offshore wind developer Corio Generation, a Macquarie Group company, and Brazilian shipyard and marine construction company Estaleiros do Brasil (EBR) have signed a memorandum of understanding (MoU) to explore how EBR’s facilities could support future offshore wind projects off Brazil’s south coast…

US Retailers Rush Holiday Imports Amid Fears of Strikes and Supply Chaos

Aug 13, 2024

Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season…

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