Latest News - page 286


In Memoriam: E. John Michel, MRCM (DV) USN (Ret), Chief-of-the-Boat, Bathyscaph Trieste

Jan 24, 2023

REMEMBERING MY SHIPMATE JOHN MICHELWe met in January 1959 when I became the first Officer in Charge of the Navy’s newly acquired Bathyscaph Trieste and John was the first USN enlisted man to be assigned to the project.  We were based at the Naval Electronics Laboratory in San Diego…

Freeport LNG Says Texas Plant Repairs Completed

Jan 23, 2023

Freeport LNG, the second-largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.The closely-held…

US Limits Vessel Calls at BP Cherry Point Marine Terminal

Jan 23, 2023

The U.S. Army Corps of Engineers will modify the Department of the Army permit for the BP Cherry Point Marine Terminal’s North Wing dock to ensure complies with the Magnuson Amendment’s restrictions regarding the handling of crude oil at Puget Sound facilities…

Saudi Arabia Remains China's Top Crude Supplier

Jan 23, 2023

Russia remained China's second-largest source of crude oil in 2022, following repeat top supplier Saudi Arabia, as Chinese refiners snapped up low-cost Russian barrels while Western countries shunned them after the Ukraine crisis.China's crude…

Nigeria’s New Lekki Port Doubles Cargo Capacity

Jan 23, 2023

Three-quarters of the world is covered by water and up to 90% of world trade is seaborne. Seaports and shipping are critical to the conduct of global trade.Africa has relatively few natural harbours that offer shelter and are deep enough to take big vessels…

AD Ports Inaugurates Aqaba's First Cruise Terminal

Jan 23, 2023

The first and only cruise terminal in Aqaba was inaugurated with the arrival of the cruise vessel MSC Splendida carrying more than 2,000 visitors to Jordan.The new terminal marks the launch of the first of five strategic mega-projects planned…

RoRo ferry MV Tennor Ocean sets off for Test Voyage

Jan 23, 2023

MV Tennor Ocean, newbuilding 782, from Germany's shipyard Flensburger Schiffbau-Gesellschaft recently set off on test voyage on the North Sea and Baltic Sea. The 210-m RoRo ferry is on the move to Dock 3 at Lloyd Werft. During its week-long stay there…

Ship Recycling ticks up; Supply Needed

Jan 23, 2023

A degree of increased positivity has entered recycling markets this week, said GMS, as prices push on in both India (off the back of firming steel and settling currencies) and Bangladesh (off of a rising demand and a currency that has recently found its stability around BDT 105)…

Konecranes Inks Licensing Deal with Larsen & Toubro

Jan 20, 2023

Konecranes and Larsen & Toubro (L&T) have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India. The first products have been sold under this agreement: two shipyard jib cranes will be delivered to the Cochin Shipyard in Cochin…

First Cruise Ships Tap Shore Power at Port of San Diego

Jan 20, 2023

On January 13, two cruise ships plugged into the newly completed shore power expansion at the Port of San Diego cruise ship terminal for the first time – a doubling of the previous capacity.The Disney Wonder and the Insignia were able to simultaneously…

AD Ports to Develop Maritime Infrastructure in Angola

Jan 20, 2023

AD Ports Group entered into a framework agreement with the Ministry of Transport of the Republic of Angola to begin collaboration on the development of maritime services and infrastructure across the country.The group has also entered into a…

Georgia Ports Names Batista Sales & Marketing VP

Jan 20, 2023

The Georgia Ports Authority has named Flavio Batista as its new vice president of sales and marketing.Batista comes to GPA from the Wallenius Wilhelmsen Group, an ocean carrier focused on developing sustainable shipping and logistics solutions for manufacturers of cars…

Insolvency at European Storage Terminal Supports Tank Storage Rates

Jan 20, 2023

The insolvency of a major storage terminal planned in northwest Europe has supported regional tank storage rates for diesel and gasoline, just as European traders rush to fill up diesel tanks ahead of a Feb. 5 ban on Russian fuel.Earlier this month…

Saudi Ports’ Container Volumes Grow 13.63% During December

Jan 19, 2023

Saudi Arabia’s ports ended December in the gains territory with a string of strong results across various indicators, chief among them the 13.63% year-on-year spike in container throughput from 841,055 TEUs to 955,731 TEUs.Saudi Ports Authority…

SC Ports Handles Nearly 3 Million TEUs in Record 2022

Jan 19, 2023

South Carolina Ports had a record 2022 with the most containers ever handled at the Port of Charleston.SC Ports moved nearly 2.8 million TEUs (twenty-foot equivalent units) in 2022, a 1.5% increase over 2021. When accounting for containers of any size…

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