Latest News - page 162


US West Coast Ports Gained Market Share After Labor Deal

Sep 11, 2023

U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their main rivals on the East Coast lost ground, Descartes Systems Group DSG.TO said on Monday.For more than a year…

AST Harnesses the Power of Connectivity, Digitalization

Sep 11, 2023

Latest advances in digital technologies and faster, cheaper connectivity walk hand-in-hand as vessel owners of all sizes aim to cut fuel consumption, cut emissions and increase efficiencies. AST is aiming to do both, offering connectivity plus…

US, Saudi Arabia, India Discuss Possible Rail, Port Deal

Sep 08, 2023

The U.S., Saudi Arabia, India and other nations are discussing a possible infrastructure deal that could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port, according to U…

Romania Upgrades Black Sea Port Infrastructure to Bring in More Ukrainian Grain

Sep 08, 2023

Romania's government will approve on Friday a plan to upgrade road infrastructure in the Black Sea port of Constanta, part of wider investments in the port which could help more Ukrainian grain to transit.Constanta is Ukraine's largest alternative export route…

Ukraine Reports Danube Port Damage After Latest Russian Attack

Sep 07, 2023

Russia carried out its fourth drone attack in five days on Ukrainian port facilities on the Danube River on Thursday, damaging grain silos and other infrastructure on a vital export route for Kyiv, Ukrainian officials said.The attack on Izmail district in southern Odesa region lasted three hours…

Riga Central Terminal Takes Delivery of Six Self-Discharging Containers

Sep 07, 2023

After renting Graviti’s automated dry bulk containers for two years and being fully satisfied with the results, the Rigal Central Terminal (in the Freeport of Riga, Latvia) has taken delivery of six SDC 40 units from Latvian bulk handling equipment specialist Graviti…

Ukraine Says It's Shipping Grain via Croatian Ports

Sep 07, 2023

Ukraine has started exporting grain via Croatian seaports, aiming to broaden its export routes while its Black Sea ports are blocked, a senior Ukrainian official said on Thursday.Ukraine's main grain export route is usually via its deep Black Sea ports…

Global Container Freight Still Stalled

Sep 07, 2023

Global industrial production and containerised freight flows remained in the doldrums at the start of the third quarter, confounding predictions earlier in the year for a strong rebound.Manufacturers and distributors in North America and Europe…

GMS Debuts Ship Recycling Portal

Sep 07, 2023

GMS launched a Ship Recycling Portal digital platform that aims to revolutionize the ship recycling industry by making the sales and purchase of end-of-life vessels more convenient, transparent, and efficient.The Ship Recycling Portal is a specialized…

Maersk Finalizes ECO Delivery Deal with Amazon

Sep 06, 2023

A.P. Moller - Maersk and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers (40,000 TEU) using green biofuel through Maersk’s “ECO Delivery” ocean product offering.Maersk estimates this purchase will contribute to a reduction in 44…

Great Lakes Iron Ore, Limestone Trades Rise in August

Sep 06, 2023

Shipments of iron ore and limestone on the Great Lakes for the month of August both increased compared to 2022, up 8.6% and 4.4% respectively, according to latest figures from the Lake Carriers’ Association (LCA).The 5.5 million tons or iron ore shipped in August was 3…

Tanker Becomes Europe's First to Connect to Shore Power

Sep 06, 2023

The Swedish port of Gävle recently became one of the first in the world to successfully connect a tanker vessel to a shoreside electricity system.The shore power connection solution was provided by Cavotec, based on new standards drawn up in cooperation with other ports and operators…

Panama Canal Water Levels at Historic Lows, Restrictions to Remain

Sep 06, 2023

The Panama Canal's water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place for the rest of the year and throughout 2024, the waterway's authority said on Tuesday…

Port of Corpus Christi Promotes CFO Kent Britton to CEO

Sep 06, 2023

The Port of Corpus Christi on Wednesday named Chief Financial Officer Kent Britton as its new chief executive officer to head the largest U.S. oil-export port by volume.The appointment comes nearly four months after Sean Strawbridge, the previous chief executive…

Australia’s Portland to be Renewable Maritime Fuels Hub

Sep 06, 2023

Australia’s Victorian Government is backing a new feasibility study that could see Portland become home to one of Australia’s first green shipping fuel production hubs.Minister for Regional Development Harriet Shing announced the new study for a renewable fuel manufacturing hub in the portside city…

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