Latest News - page 302


Australia Budgets for Live Sheep Export Ban

May 11, 2023

Australia’s 23-24 Federal Budget has allocated A$5.6 million over two years to see through plans for the phase-out of live sheep export from Australia.RSPCA Australia CEO Richard Mussell said the RSPCA, as Australia’s leading animal welfare authority…

Maritime NZ Extends Oversight to Ports

May 11, 2023

The New Zealand government has confirmed that Maritime NZ will have oversight over the health and safety of most port operations.Maritime NZ Chief Executive Kirstie Hewlett says the decision to extend Maritime NZ’s Health and Safety at Work…

Germany Approves Cosco Stake in Hamburg Port Terminal

May 10, 2023

Port logistics firm HHLA said on Wednesday the German government has cleared the purchase by China’s Cosco of a 24.9% stake in a container terminal in the sea port of Hamburg, amid a political row over Chinese investment in the German economy…

India Eyes Green Hydrogen Bunkering at Major Ports by 2035

May 10, 2023

India has set a deadline of 2035 to establish green hydrogen bunkering and refuelling facilities at major ports in the drive to cut its carbon footprint, the shipping ministry said in guidelines issued on Wednesday.One of the world's biggest emitters of greenhouse gases…

Brazil on Track to Become World Maize Export Leader in '23

May 10, 2023

“Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the world’s largest maize exporter this year, which would partially offset weaker harvests in the US, Argentina, and Ukraine…

Macquarie Expects $1 Billion from Sale of US Port Terminal Operator Ceres

May 09, 2023

Australia's Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesday citing sources familiar with the matter.The financial conglomerate…

Port of Montreal Aims to Be Carbon Neutral by 2035

May 09, 2023

The Port of Montreal made a series of flagship commitments with regards to carbon neutrality, territorial protection and improving the city-port interface at the 2nd annual Montreal Climate Summit underway at the Port of Montreal’s Grand Quay on May 9 and 10…

Young Named VP Production Ops at Austal USA

May 09, 2023

Austal USA promoted Chris Young to Vice President of Production Operations. Young, formerly Senior Director of Production, is a 26-year veteran of Austal with 19 of those years spent at Austal USA’s new construction manufacturing facilities in Mobile…

Ship Recycling Market Slows

May 09, 2023

As the ship recycle market enters a period of contraction going into the traditionally weaker and quieter summer / monsoon months, sentiments have declined across the sub-continent markets (and even Turkey) this week, according to GMS. To compound the bearish ship recycling sentiments…

Why the EU is Restricting Grain Imports from Ukraine

May 09, 2023

The European Commission has announced restrictions on the imports of Ukrainian wheat, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June 5.The move led to Poland, Hungary, Slovakia and Bulgaria lifting…

Stena Line Acquires Ferry and RoRo Port Operations in Ventspils

May 09, 2023

Stena Line announced on Tuesday that it has acquired the operations of the ferry and RoRo terminals in the Port of Ventspils, Latvia, representing the latest in a range of investments in the Baltic region, including the addition of upgraded ferries and new ferry routes…

Provaris Plans Green Hydrogen Export from Norway to Europe

May 09, 2023

Completion of a pre-feasibility study by Provaris Energy and Norwegian Hydrogen has identified a low-cost project for the export of green hydrogen from Norway to Europe using Provaris’s compressed hydrogen floating storage and carriers.A preferred…

Date Set for Australia UK Free Trade Agreement

May 09, 2023

During his recent visit to the UK, Australian Prime Minister Anthony Albanese announced May 31 as the date of entry into force of the Australia-United Kingdom Free Trade Agreement (A-UKFTA).With its entry into force, there will be no tariffs on over 99% of Australian goods exported to the UK…

Australia Sentences Mexican Drug Importer to 22 Years in Jail

May 09, 2023

A Mexican national has been jailed for 22 years for his role in an attempt to import more than 600kgs of methamphetamine into Australia, concealed in rotting, raw cow hides.In 2019, Australian authorities seized the 668kgs of crystal methamphetamine hidden inside raw animal skins…

Houston Ranked No. 5 US Container Port

May 09, 2023

Port Houston has jumped from No. 7 to No. 5 in the Journal of Commerce’s ranking of top US container ports in terms of TEUs handled in 2022.Overall tonnage is up 4% through March compared to last year collectively for all of our terminals. “Our…

Current News

Nikkiso to Provide 16 Motor Pumps for German LNG Terminal

Shipsy Launches Logistics Intelligence Layer for Enterprise

Brittany Ferries Ends Live Irish Calf Exports

Ukrainian Exporters Encouraged to Prepare for Halted Port Operations

Subscribe for Maritime Logistics Professional E‑News