Latest News - page 277


Partners to Produce Bio-LNG as Marine Fuel

Nov 09, 2022

Three companies from very different sectors have joined forces to achieve a decentralized production of bio-LNG designated for use as a clean marine fuel. The partners Attero, Nordsol and Titan met at the site for the plant – located at the facility of waste processor Attero in Wilp…

Analysis: Meltdown in the Container Shipping Sector Gains Speed

Nov 09, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”Peter, it seems like…

GAC Extends European Footprint with New Office in Algeciras, Spain

Nov 09, 2022

GAC Group opened the first of several planned offices in Spain, at the port of Algeciras. The move, which comes just three years after the opening of GAC Gibraltar, represents the latest step in the company’s European growth strategy.Located in the province of Cádiz…

Christiania Shipping inks deal for StormGeo CII Simulator

Nov 09, 2022

Denmark's Christiania Shipping, which operates 20 vessels, added StormGeo’s CII Simulator to its fleet performance management toolbox earlier this year. “With the new Carbon Intensity Indicator (CII) rating scheme coming into play soon, we are…

DP World Launches Tech Innovation Center in India

Nov 09, 2022

DP World has opened a new technology center in Gurgaon, India, its third this year as it invests in developing next-gen global trade innovative.More than 240 people will be based at the new office, about 30-km southwest of India’s capital New Delhi…

Time-lapse: Centerm Terminal Expansion at Port of Vancouver

Nov 08, 2022

A video shared by the Port of Vancouver shows a time-lapse of the land construction in the western expansion area at Centerm Terminal. The footage highlights construction from the start of the project in the summer of 2019 until the completion of the new land area in the summer 2022…

Meltdown in the Container Shipping Market Continues

Nov 08, 2022

Facing global economic headwinds, the volume of containerized cargo movement continues to plummet, Peter Sand, Chief Analyst, Xeneta, summarizes: “It is clear that the carriers are no longer in charge, the shippers are.”

Tindall-Schlicht Named Seaway Administrator

Nov 08, 2022

The White House announced President Biden's appointment of former Milwaukee port director, Adam Tindall-Schlicht, as the next Administrator of the Great Lakes St. Lawrence Seaway Development Corporation (GLS). Tindall-Schlicht resigned his position at Port Milwaukee on October 19…

Kommer Damen Receives Lifetime Achievement Award

Nov 08, 2022

During the Maritime Awards Gala in Rotterdam, the Netherlands, Kommer Damen was presented with a Lifetime Achievement Award, recognizing his achievements, methods and contribution to the Dutch maritime industry. Damen (78) is Chairman of the…

Ports of Singapore and LA, Long Beach to Establish a Green and Digital Shipping Corridor

Nov 08, 2022

The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles, Port of Long Beach and C40 Cities have begun discussions to establish a green and digital shipping corridor between Singapore and the San Pedro Bay port complex. The corridor…

Busan, Pacific Northwest Seaports Partner on Decarbonization

Nov 07, 2022

The Northwest Seaport Alliance announced its newest decarbonization effort as part of the Green Shipping Challenge at the 27th Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change held in the Egyptian city of Sharm el-Sheikh…

Ship Recycling Prices Continue to Slide

Nov 07, 2022

According to GMS, 'some unbelievably low and unrealistic offers' have started to emerge from sub-continent markets this week, and as such, both owners and cash buyers would be well advised to leave ship recycling destinations alone for the time-being…

Great Lakes Winter Supply Chain – A Cause for Concern

Nov 07, 2022

As the temperatures start their annual decline on the Great Lakes, an icy chill is in the air. Shipping companies across the lakes are rushing to get final loads of critical raw materials from the northern lakes to the manufacturing facilities on the lower lakes…

Greece Likely to Cancel Alexandroupolis Port Sale

Nov 07, 2022

Greece is likely to cancel the sale of its northern port of Alexandroupolis, mainly due to the port’s upgraded role following the war in Ukraine, two sources with knowledge of the matter told Reuters on Monday.Greece in September received two…

DP World to Invest Around $500 Million to Reduce CO2 Emissions

Nov 07, 2022

Dubai-owned ports giant DP World intends to invest around $500 million to reduce carbon dioxide emissions in its operations by 700,000 tonnes over the next five years, state news agency WAM reported on Monday, citing the company's chairman and CEO Sultan Ahmed Bin Sulayem…

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