Cheniere Energy Inc's Sabine Pass LNG export facility returned to full production this week after undergoing maintenance, data from Refinitiv showed.The increased production is expected to help third quarter exports of U.S. liquefied natural gas (LNG) which fell in May to 7…
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk MAERSKb.CO, as the sector faces pressure from consumers and regulators to reduce their climate footprint.Retailers ship huge volumes of clothes from production centres in countries such as China…
Port Canaveral’s newly renovated North Cargo Berth 3 (NCB3) has officially opened for business following a ribbon cutting ceremony celebrating the completion of the $48 million Port Canaveral Cargo Berth Rehabilitation and Modernization Project…
U.S. based shipping and logistics company Crowley announced it has acquired Tamarind Consolidated, a logistics services company serving the U.S. to the British Virgin Islands.The acquisition will transition Tamarind’s operations and services…
The shipping industry is undergoing a transformative shift toward sustainability and the International Maritime Organization (IMO) is set to adopt its revised greenhouse gas (GHG) strategy next week. There is also increasing pressure from environmental…
Officials from the ports of Los Angeles and Nagoya, Japan, have signed a new Memorandum of Understanding (MOU) to broaden cooperation on key sustainability and operational efficiency initiatives, including port community systems and digital supply chain information sharing…
Tumult in the container shipping sector continues, as geo-political conflict, the climate and labor issues continue to define the major trade routes. In this edition of Container Shipping Outlook, Xeneta’s Chief Analyst Peter Sand discusses…
The beleaguered carrier industry took another major hit in June, with the latest data from Xeneta’s Shipping Index (XSI) showing a decline of 9.4% in global long-term shipping rates. Following on the heels of a 27.5% collapse in May, and a 10…
The Port of Antwerp-Bruges has launched extensive digital radar and camera network that scans the entire Antwerp port area.The system will become the backbone of safe and efficient shipping traffic, says the port, following the recently launched drone network…
Logistics company Kuehne+Nagel International has appointed Michael Aldwell to its Management Board as of October 1, 2023.Aldwell will assume responsibility for the business unit Sea Logistics and succeed Horst Joachim (Otto) Schacht.Schacht (born in 1959)…
Italian companies Comau and Fincantieri presented today the first result of their joint collaboration with Automatica: MR4Weld (Mobile Robot for Weld), a mobile robot, an innovative outdoor automation solution, designed to improve the quality…
“Despite China’s strategy of pursuing increased domestic coal production, which has meant that year-to-date production stands 5.8% higher than last year, its seaborne imports of coal have nevertheless surged 73% y/y so far,” said Niels Rasmussen…
Fratelli Cosulich Bunkers (S) Pte Ltd. christened and launched its second Small Scale LNG carrier - the Paolina Cosulich - at the CIMC SOE shipyard in China.The event was attended by Diana Mok - Managing Director at Fratelli Cosulich Bunkers (S) Pte Ltd…
NYK will install a variable compression ratio system (VCR system) on two large LNG-fueled coal carriers to be built at Oshima Shipbuilding. The vessels are scheduled to be delivered by the end of 2025, and NYK reports this will be the first time for VCR systems to be installed on vessels…
RINA awarded an Approval in Principle (AiP) for a green retrofit package solution designed by Aurelia, in partnership with Econowind, Wattlab and Vertom, aimed to meet CO2 reduction targets in compliance with CII. The retrofit package can be…