Latest News - page 170


St. Lawrence Seaway Announces Board Changes

Aug 16, 2023

The St. Lawrence Seaway Management Corporation (SLSMC) announced two new members have been appointed to its board of directors. The SLSMC is a private, not-for-profit corporation that operates and maintains the Canadian locks and channels of the St…

PhilaPort Names New Director of Engineering

Aug 16, 2023

PhilaPort announced it has promoted Michael Day, P.E as its new director of engineering.Since joining PhilaPort in 2013, Day has been instrumental in guiding PhilaPort through its expansion, planning, implementing and overseeing construction…

ZIM 2Q Revenues Plunge 62%

Aug 16, 2023

Pain in the containershipping sector is not uncommon in 2023, and Israel's ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is no exception, today reporting 2Q and six month results:Net loss for the second quarter was $213 million, negatively…

Ukraine says Russian Drones Threatened Danube Port

Aug 16, 2023

Ukraine's air force on Wednesday said a large group of Russian army drones entered the mouth of the Danube River and headed toward the Izmail river port near the border with Romania.Social media groups reported hearing air defence systems firing in the area near two Danube ports - Izmail and Reni…

DP World Expects Three Million TEUs of New Capacity This Year

Aug 15, 2023

DP World expects to add approximately three million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year.The company says this will add much needed infrastructure and capacity to boost global supply chain resilience…

TCP Receives New Service Connecting Europe and the Mediterranean to Brazil

Aug 15, 2023

Starting in September, the company that manages the Paranaguá Container Terminal (TCP) will receive a new maritime service in partnership with COSCO Shipping Lines/OOCL and Ocean Network Express (ONE). The service is branded respectively as: East Coast South America-Europe 2 (ESE2)…

PD Ports Orders New Hopper Dredge from Neptune

Aug 15, 2023

PD Ports in the U.K. has ordered a new dredging vessel from Dutch shipbuilder Neptune Marine.The 71-meter-long hopper dredge, which has already been named the Emerald Duchess following a competition among PD Ports employees, was ordered for £23 million and will arrive at Teesport next summer…

Harvest Technology Group Secures First Fugro Middle East USV Project

Aug 15, 2023

Australian-headquartered Harvest Technology Group secured its first order from Fugro Middle East (Fugro ME) for its hybrid Nodestream and RiS (Remote Inspection System) solution.  According to Harvest Technology Group, the solution establishes a self-contained…

Wallenius Wilhelmsen to Order Four Methanol-Ready Vessels

Aug 15, 2023

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a letter of intent for the delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels. The four vessels…

Shanghai Plans 5G Roll-Out for Marine Economy

Aug 15, 2023

Shanghai’s local government plans to provide oceanic coverage of 5G networks by 2024.China Daily reports that Shanghai will build an integrated network connecting all land, sea, air and space internet infrastructure platforms. The development of navigation…

APM Terminals Pipavav Commences VLGC Operations

Aug 14, 2023

APM Terminals Pipavav (GPPL - Gujarat Pipavav Port) has officially kicked off very large gas carrier (VLGC) operations with the maiden berthing of Great Eastern Shipping Company's 230 meters long Jag Viraat earlier this month.The VLGC loaded cargo from Ruwais…

Singapore Bunker Sales Rebound as Container Throughput Firms

Aug 14, 2023

Singapore's marine fuel sales, also known as bunker sales, rebounded in July after a sharp decline in June, while monthly container throughput hit a year-to-date high, official data on Monday showed.Bunker sales at Singapore are a key indicator…

Shipbreaking Prices Hit the Summer Doldrums

Aug 14, 2023

According to GMS, it has been another intensely inert week in the Indian sub-continent ship recycling markets, with Bangladesh sinking to the bottom of the price-ranking board and neighboring India & Pakistan taking the lead (in terms of pricing…

Rapid Charging Systems: Current Technology for the Future of Ferries

Aug 11, 2023

As the devotion to more sustainable shipping expands and regulations become more stringent, the demand for lower emissions operations continues to increase. As a result, the marine industry is confronted with the challenge of large-scale electrification as an alternative energy solution…

Malaysia Concerned About Disease in Australian Cattle

Aug 10, 2023

Malaysia has paused the import of all live cattle and buffalo from Australia citing concern about lumpy skin disease (LSD).The move follows a decision last month by Indonesia to halt live cattle imports from four locations in Australia after 13 cattle were found to have the disease…

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