Latest News - page 174


Obscure Traders Ship Half Russia's Oil Exports to India, China After Sanctions

Jul 27, 2023

A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100…

Australia Mulls Sentiment on Live Sheep Export Ban

Jul 27, 2023

Australia’s independent panel consulting on the phase out of live sheep exports by sea has gathered submissions and now expects to provide its recommendations on how and when to phase out live sheep exports by sea by September 30, 2023.The panel engaged with over 2…

Rain Raises Rhine River Levels in Germany; North Still Too Shallow

Jul 26, 2023

Heavy rain has raised water levels on the Rhine in Germany, but the river is still too shallow in central northern areas for cargo vessels to sail fully loaded, commodity traders said on Wednesday.The river is a major western European shipping route for commodities including grains…

Drought-hit Panama Canal Restricts Daily Crossings in Water-saving Move

Jul 25, 2023

The Panama Canal will extend restrictions on ships' maximum depth, it said on Tuesday, and it has limited average crossings at one of the world's busiest trade passages to just 32 ships a day as a prolonged drought continues.The Panama Canal Authority (ACP) will maintain a depth limit of 44 feet…

Russia's Danube Attacks Tighten Noose on Ukraine's Grain Sector

Jul 25, 2023

Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv's exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning the Black Sea shipping deal…

Yokohama Port Call is First by an LNG-powered Containership in Japan

Jul 25, 2023

A port call made by CMA CGM Liberty at the Honmoku D4 terminal in Yokohama on Monday is the first by a liquefied natural gas (LNG)-powered containership in Japan. At 15,000-TEU, the containership also ranks amongst the largest vessels to be calling in Japan…

CII – Time for a Rethink?

Jul 25, 2023

Without a radical new approach, BIMCO’s CII Operations Clause will remain a worthy but vain attempt to reconcile shipping’s environmental and commercial imperatives,Legal and contractual disputes lie ahead for shipping unless it finds a better…

Great Lakes Gets Green Light for Brownsville Channel Dredging

Jul 24, 2023

Dredging contractor Great Lakes Dredge & Dock Corporation announced it has received a notice to proceed to perform essential improvements to the Brownsville Ship Channel for NextDecade Corporation’s Rio Grande LNG project.The company said it expects to start work for the project later this year…

Russia Attacks Danube Grain Export Route

Jul 24, 2023

Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after quitting the Black Sea grain deal.Last week's…

Worker Dies Aboard Vessel at Aberdeen's South Harbor

Jul 24, 2023

A worker has died as a result of injuries suffered on board a vessel docked at Aberdeen's south harbor.The Port of Aberdeen and local authorities said the worker died on scene following an onboard incident at Dunnottar Quay on Saturday.'Around 3:40 p…

Amsterdam Moves to Ban Cruise Ships

Jul 22, 2023

Amsterdam took a first step toward banning large cruise liners under broader plans to reduce mass tourism and pollution, officials said on Friday.Once implemented, the measures adopted by the city council would bring the Dutch capital into line with other high-profile European cities…

Romanian Port Can Ship More Ukraine Grain After Collapse of Black Sea Deal

Jul 21, 2023

Romania's Constanta port, Ukraine's main alternative route for grain since Russia's withdrawal led to the collapse of the Black Sea shipment deal, has capacity to handle extra cargoes until mid-August, the head of the port's business association said…

New Material Handler Delivered to Middle River Marine

Jul 21, 2023

Primarily serving the Illinois and Northwest Indiana markets, Middle River Marine (MRM) has taken delivery of Liebherr’s LH 110 port litronic material handler at their largest terminal in South Chicago off of the Calumet river. MRM will use this large machine for handling material…

Port of Corpus Christi Details Record Second Quarter

Jul 20, 2023

The Port of Corpus Christi’s customers moved nearly 50 million tons of goods through the Corpus Christi Ship Channel in Q2 2023, setting a record for the fifth consecutive quarter.The 49.7 million tons moved in Q2 was a 7.1% increase from the…

US Grain Exports Expected to Drop

Jul 20, 2023

“US soybean, maize, and wheat exports could fall 15% in 2023 due to droughts that affected harvests last year. However, the upcoming maize harvest may drive a recovery in US grain shipments from the fourth quarter onwards,” says Filipe Gouveia…

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