Latest News - page 167


GAC Expands Operations in East Malaysia

Aug 23, 2023

Shipping and logistics company GAC Malaysia has opened a new office in Kota Kinabalu expanding its presence in the region to provide solutions to the evolving needs of the shipping and energy sectors.The new office, GAC Malaysia’s 14th, will…

Port of Los Angeles Cargo Volumes Slip in July

Aug 23, 2023

The Port of Los Angeles moved 684,291 TEUs in July as cargo shipments declined compared to last year’s record month.“Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” said Port of Los Angeles Executive Director Gene Seroka…

Dutra Wins $9.6 Million Contract for Dredging in Brooklyn

Aug 23, 2023

The Dutra Group, based in San Rafael, Calif., has been awarded a contract to perform maintenance dredging in Brooklyn, N.Y.The $9,639,000 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers New York District. Dutra was one of four bidders for the project…

Great Lakes Wins Dredging Contract for Port Arthur LNG Project

Aug 23, 2023

Houston-based dredging contractor Great Lakes Dredge & Dock Corporation announced it has been awarded a dredging and disposal contract in support of the Port Arthur LNG Phase 1 project.Great Lakes has been contracted by Bechtel Energy, the engineering…

Russia Hits Grain Facilities at Ukrainian Danube River Port

Aug 23, 2023

Russian drones struck Ukrainian grain facilities at the Danube River port of Izmail overnight in what a senior official said on Wednesday was a systematic attempt by Moscow to prevent Kyiv exporting grain to the world.Deputy Prime Minister Oleksandr…

Shell Taps Goldman Sachs to Explore Singapore Refinery Sale

Aug 23, 2023

Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.The global energy major's new CEO…

Rotterdam's Gate LNG Terminal Throughput Capacity to be Expanded by 4 BCM

Aug 23, 2023

Throughput capacity at the Gate terminal for liquefied natural gas (LNG) in the port of Rotterdam will be expanded by 4 billion cubic metres (bcm) by 2026, its shareholders Gasunie and Vopak said on Wednesday.The expansion, which requires an investment of around 350 million euros ($380 million)…

Insurers Raise Premiums for Black Sea Tankers as Tensions Mount

Aug 23, 2023

Insurance companies have notified charterers of ships operating in Russia's Black Sea ports of an increase in additional payments known as 'war risk premiums', four traders said.A war risk premium was added to the common insurance costs for…

Gazprom's First LNG Cargo via Arctic Destined for China's Jingtang

Aug 23, 2023

A liquefied natural gas (LNG) cargo from Russia's Gazprom being sent via the Northern Sea Route (NSR) for the first time is destined for the Chinese port of Jingtang, Refinitiv ship tracking data shows.The Velikiy Novgorod tanker was loaded at the Portovaya LNG plant on the Baltic Sea on Aug…

ZIM to Restructure Oceania Trade Services

Aug 22, 2023

ZIM Integrated Shipping Services has announced a restructuring of its existing services to Oceania (CAX, TFX and N2A) in collaboration with MSC.Danny Hoffman, ZIM EVP Intra-Asia, said: “Our current Oceania services network will be restructured…

California Opens Applications for Zero-Emission Freight and Marine Equipment

Aug 22, 2023

The Bay Area Air Quality Management District in California has announced the opening of applications for zero-emission heavy duty forklifts, port cargo handling equipment, marine vessel repower and shore power for unregulated ocean-going vessels…

Webb Named CEO of North Queensland Bulk Ports

Aug 22, 2023

North Queensland Bulk Ports Corporation (NQBP) announced the appointment of Brendan Webb as its new chief executive officer.Starting in October, Webb—who is currently CEO of Ports Victoria—will take over from acting CEO Belinda Kenny, who has…

Shippers Bet on Green Methanol to Cut Emissions, Supply Lags

Aug 22, 2023

Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet demand and for costs to fall, industry executives said.The first green methanol-fuelled container ship…

Shipowners Short Changed Over Grain Cargoes, Says Swedish Club

Aug 22, 2023

Despite the many and varied categories of cargo damage faced by shipowners transporting grain cargoes, when it comes to claims, it’s actually cargo shortage that they need to be prepared for, says The Swedish Club, in its new publication, Bulker Focus: Carriage of grains and soya beans…

PSA BDP Opens Office in Romania

Aug 21, 2023

Logistics provider PSA BDP has opened its first office in Romania.PSA BDP International Romania S.R.L, located in the capital city of Bucharest, will be led by Country Director Cristian Afrenie. With this expansion into Romania, PSA BDP now has nearly 140 offices around the globe…

Current News

New Concrete Wharf Built at Port of Los Angeles

Iran, Israel Trade Blame As Commercial Shipping Is Threatened By Conflict

Commercial Ships Advised to Keep Distance From Iran Around Strait of Hormuz

X-Press Feeders Group, COSCO SHIPPING Lines Partner to Enhance Feeder Connectivity

Subscribe for Maritime Logistics Professional E‑News