Latest News - page 194


Toronto Kicks Off 2023 Cruise Season

May 01, 2023

PortsToronto welcomed its first cruise ship of the 2023 season on Friday, April 28. The Viking Octantis officially launched another record-breaking cruise ship season which will see 54 ships and more than 22,000 passengers visit Canada’s largest city between May and October…

Crimea Oil Terminal Set Ablaze by Drone Attack

May 01, 2023

A Ukrainian drone strike set ablaze a Russian fuel storage facility in the Crimean port of Sevastopol early on Saturday, sending a vast column of black smoke into the sky in the latest attack on the Russia-occupied peninsula.The city's Moscow…

Taiwan’s Port of Taichung Starts Work on Offshore Wind Support Infrastructure

Apr 30, 2023

Officials of the Port of Taichung (TIPC) in Taiwan have held a ground-breaking ceremony for the start of construction on Wharf Nos. 37 and 38 which will provide supporting infrastructure to the nation’s offshore wind industry.When completed…

Port of Valencia Puts Hydrogen Powered Truck Cab into Operation

Apr 30, 2023

The Spanish Port of Valencia (Valenciaport) has claimed a world first after it has commenced operation of a hydrogen-powered 4×4 truck at one of its terminals.The hydrogen-powered truck cab (tractor) started moving containers at the Grimaldi…

Brazil Bans Live Animal Exports

Apr 30, 2023

Brazil has banned the export of live cattle from all its ports.Reuters reports that federal judge Djalma Gomes’s ruling states: 'Animals are not things. They are sentient living beings, that is, individuals who feel hunger, thirst, pain, cold…

Indonesia to Allow Miners to Ship Copper Concentrate until 2024

Apr 30, 2023

Indonesia will allow miners Freeport Indonesia and Amman Mineral Nusa Tenggara to continue exporting copper concentrate until next year, despite a ban starting this June, to allow for their smelters to be completed, the mining minister said on Friday…

Comvex's 2022 Profit More than Triples as Ukraine Cargo Rises

Apr 28, 2023

Romanian port operator Comvex said on Friday its net profit more than tripled to 104.36 million lei ($23.24 million) in 2022, as the Black Sea port of Constanta saw a rise in Ukrainian grain exports and other cargo.Comvex, which is due to detail its rise in profit later on Friday…

Global Freight Shows Signs of Bottoming Out

Apr 27, 2023

Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out.Volumes were down by -2.1% between December and February compared with the same period a year earlier…

“Friendshoring” Impacts Container Shipping Trade Patterns

Apr 27, 2023

As geopolitical upheaval continues, Peter Sand, Chief Analyst, Xeneta, explores how global trade patterns have (and will) evolve.Geopolitical unrest could have dramatic and long-term impacts on global trade patterns for all goods and commodities…

ClassNK offers "Guidelines for Shipboard CO2 Capture and Storage Systems"

Apr 27, 2023

ClassNK released 'Guidelines for Shipboard CO2 Capture and Storage Systems'. The guidelines include provisions for indicating the classnotation for vessels equipped with CO2 capture and storage systems or designed as 'ready' for their installation…

Propeller Club to Honor Senator Cantwell

Apr 27, 2023

The International Propeller Club of the United States said that Senator Maria Cantwell, Chair of the Senate Committee on  Commerce, Science, and Transportation, will be honored at its annual Salute to Congress event on June 13, 2023.   Senator…

Perdaman Breaks Ground on Australia’s Biggest Urea Project

Apr 27, 2023

Perdaman has commenced construction of its A$6 billion Pilbara urea project - the first new gas manufacturing project in the Pilbara in more than a decade.Located 20 kilometres north-west of Karratha, Australia, the project will convert Western…

Bearing Names Daly Chief Operating Officer

Apr 26, 2023

Palo Alto, Calif. based AI shipping optimization company Bearing announced it has appointed Jim Daly as chief operating officer.“We’re excited to have Jim on board as we steer the maritime shipping industry toward more sustainable operations with our AI-driven solutions…

Stockholm Norvik Port Officially Inaugurated

Apr 26, 2023

Sweden's newest major freight port, Stockholm Norvik, has been officially inaugurated by His Majesty The King and Her Royal Highness The Crown Princess.The RoRo and container port opened for business on time and on budget in 2020, but this was just when the pandemic was at its height…

London Marine Insurers Add Sudan to High-risk List

Apr 26, 2023

London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in the conflict-ridden African country, according to an advisory note.The addition of Sudan to the high risk list will mean that any…

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