Latest News - page 124


Venezuela Oil Exports Rising, but Shipping Delays Persist

Mar 01, 2024

Venezuela's oil exports slightly increased in February to some 670,000 barrels per day (bpd), but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.State-run oil firm…

Ukraine Expands Ship War Insurance with Marsh & Lloyd's to Iron Ore, Steel

Mar 01, 2024

Insurance broker Marsh and Lloyd's of London underwriters have expanded a marine war insurance program backed by Ukraine from grain shipments to all non-military cargo, such as iron ore and steel, Marsh said on Friday.Marsh, Lloyd's and Ukrainian…

New US Sanctions More Likely to Curb Indian Imports of Russian Coal

Mar 01, 2024

New U.S. sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.Russia, historically a minor exporter of the fuel to India…

Rotterdam World Gateway to Provide Shore Power at All Berths

Mar 01, 2024

Rotterdam World Gateway (RWG) container terminal will equip its entire quayside with shore-based power for all vessels, slashing emissions of particulates, nitrogen and CO2 while at berth.RWG, which is already fully automated and CO2 neutral…

SC Ports Expanding Rail Capacity

Feb 29, 2024

Alongside rail partners and support from state leaders, SC Ports is investing in rail capacity throughout the state to efficiently handle goods.Construction of the future Navy Base Intermodal Facility is well underway in North Charleston. Opening in July 2025…

CMA CGM Caps Logistics Push with $5 Billion Bollore Deal

Feb 29, 2024

France's CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever acquisition, and said it had funds for more deals as it seeks to counter volatility in container shipping.The acquisition of the logistics division of French conglomerate Bollore…

Jozwiak Joins GLO Marine as Green Transition Lead

Feb 29, 2024

Maciej Jozwiak joined the GLO Marine team, with his experience expected to enhance the company's technical capacity to deliver high-end services to the retrofit and vessel upgrade market, with a focus on green technologies and decarbonization measures…

Germany Opens Remote-Controlled Center for Inland Shipping

Feb 29, 2024

SEAFAR, a Belgian technology and service provider for remote-controlled inland waterway shipping operations, has set up the first Remote Operations Center in Germany; a project completed in conjunction with HGK Shipping and Reederei Deymann…

Tanker Backlog Grows in Venezuela as PDVSA Struggles to Deliver Oil

Feb 28, 2024

A bottleneck of vessels waiting to load crude and fuel in Venezuela has increased in recent weeks as state-run oil firm PDVSA struggles to deliver cargoes on time, according to people familiar with the matter, documents and shipping data.PDVSA has sought to ramp up shipments this month…

Port Houston Reports Record January Container Volumes

Feb 28, 2024

January was a record-breaking month at Port Houston.In the first month of this year, total container volumes at the Texas seaport reached 332,961 twenty-foot equivalent units (TEU)—a 4% increase compared to the same month last year, and more than any other January on record at the port's facilities…

Shipshave’s ITCH Put to the Test

Feb 28, 2024

Independent laboratory testing reportedly confirmed there is no decrease in the thickness of hull coatings from the use of Shipshave’s In-Transit Cleaning of Hulls (ITCH) solution, according to the company.The Endures laboratory in the Netherlands…

NAPA Studio aims to help Blaze Maritime's Digital Path

Feb 28, 2024

NAPA introduced NAPA Studios, an initiative designed to foster cross-industry partnerships to deliver new data-driven solutions and insights on some of the most imminent ship design, safety and operational challenges faced by the maritime industry…

ABB to Deliver Shore Connection Solution for Portsmouth International Port

Feb 28, 2024

ABB has secured an order with Portsmouth International Port to supply a shore connection solution for visiting ferries and cruise ships as part of the UK port’s Sea Change project.Shore connection allows visiting ferries and cruise ships to…

Preparing for Change, ABS Enhances the Marine Vessels Rules Book

Feb 27, 2024

As maritime faces transcendent changes in regards to decarbonization, digitalization and automation, innovators from inside and outside of the industry will be challenged to deliver new applications and technologies with increased speed and frequency…

CMA CGM, COSCO, Evergreen and OOCL Extend OCEAN Alliance to 2032

Feb 27, 2024

French shipping company CMA CGM and its business partners COSCO Shipping 601919.SS, Evergreen 2603.TW and OOCL said on Tuesday that they had agreed to extend their 'OCEAN Alliance' co-operation deal for another five years beyond 2027, to 2032…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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