Latest News - page 239


New Report Tracks the Maritime Industry's Progress to Net Zero

Nov 15, 2022

A new report from the Global Maritime Forum, prepared on behalf of the Getting to Zero Coalition, assesses progress toward the development of Green Shipping Corridors - maritime routes between major port hubs where zero-emission solutions are…

FMC Commissioner Bentzel Urges UIIA, OSRA Harmonization

Nov 15, 2022

U.S. Federal Maritime Commission (FMC) Commissioner Carl W. Bentzel last week sent a letter to leaders of the Intermodal Association of North America (IANA) trade group urging harmonization of the Uniform Intermodal Interchange & Facilities…

Alternative Fuels, Newbuilds and Retrofits are Key to Marine Industry Growth

Nov 15, 2022

The global marine vessel market is projected to grow from $170.75 billion in 2021 to $188.57 billion in 2028 at a CAGR of 1.43%, according to research from Fortune Business Insights.From transportation vessels to workboats to marine construction ships…

Port of Los Angeles Signs MOU with JETRO

Nov 15, 2022

Officials from the Port of Los Angeles and Japan External Trade Organization Los Angeles Office (JETRO Los Angeles) have signed a Memorandum of Understanding (MOU) to further promote cooperation in several key strategic areas, including sustainability…

Computer Vision Startup AllRead Closes €2.5 Million Funding Round

Nov 15, 2022

A supply chain focused computer vision software startup is looking to expand its market presence in Europe and the Americas after closing a €2.5 million (approx. $2.6 million) funding round.Spanish-based AllRead, founded in 2019, provides artificial…

Germany Completes Construction of Floating LNG Terminal

Nov 15, 2022

Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas.'The new LNG landing place is a big step towards a secure energy supply…

GAC Opens Another Office in Taiwan

Nov 15, 2022

Global shipping and logistics provider GAC Group is expanding its presence in East Asia and the Asia-Pacific region by establishing a new office in Taiwan’s second-largest port, Taichung.The port has constructed several tailor-made wharves to…

Svitzer Announces Lockout in Australia

Nov 14, 2022

Svitzer Australia, a subsidiary of A.P. Møller – Maersk, announced on Monday that it will lock out all harbor towage employees covered under its 2016 National Towage Enterprise Agreement and their union bargaining representatives starting Friday…

Firefighting at Sea – Towards a Safe Ship Concept

Nov 14, 2022

The most important of all international maritime safety conventions is the International Convention for the Safety of Life at Sea (SOLAS). The first version was adopted at a conference in London in 1914. The catalyst for this conference was…

Brazilian Port Operator CLI Acquires Santos Terminal from Rumo

Nov 14, 2022

Brazilian port operator CLI concluded the payment of 1.4 billion reais ($263.43 million) on Monday to railway company Rumo SA for control of a grain terminal in Santos port, the company said.The deal is being funded by the acquisition of a 50% stake in CLI…

Freeport LNG to Miss Restart Target for Fire-damaged Texas Export Plant

Nov 14, 2022

The owner of the second-largest U.S. liquefied natural gas (LNG) export plant has not yet provided regulators with a final repair plan, according to a person familiar with the matter, likely pushing any restart into the first quarter of next year…

Volumes Rising on Great Lakes–St. Lawrence Seaway System

Nov 14, 2022

Shipping across the Great Lakes – St. Lawrence Seaway system topped 4.2 million tons in October, led by strong gains in grain as well as potash, salt and other dry bulk cargos. Overall grain shipments reached 1.5 million tons, a reflection of…

Port Houston Proposes Import Dwell Fee

Nov 14, 2022

Port Houston has proposed a new import dwell fee to reduce container dwell time in port amid surging cargo volumes.In a recent report to the Port Commission of the Port of Houston Authority, Executive Director Roger Guenther stated that Port…

Grant Funding for GT Green's AirWing

Nov 14, 2022

Based in the UK, GT Green Technologies said it secured grant funding from its Department of Transport following this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) for the company’s proprietary AirWing propulsion solution, currently in development…

Crude Exports Lift Port of Corpus Christi to Q3 Tonnage Record

Nov 11, 2022

The Port of Corpus Christi reports it set another tonnage record in the third quarter of 2022, driven in large part by record exports of crude oil.The new quarterly tonnage record of 48.3 million tons surpassed the previous tonnage record set in the second quarter of 2022 of 46…

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