Latest News - page 327


New InmarsatSatellite Reaches Geostationary Orbit, Testing Begins

Jul 25, 2022

I-6 F1, Inmarsat's most sophisticated commercial communications satellite\, has reached geostationary orbit and begun on-orbit testing, Carrying both L-band and Ka-band payloads, I-6 F1 will deliver a further enhancement of Inmarsat’s ELERA and Global Xpress networks respectively…

Ship Insurers Sail Into Unknown With Ukraine Grain Risks After Deal Reached

Jul 22, 2022

A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached to re-open Black Sea ports, although the first shipments are expected to be weeks away, industry sources said on Friday…

Ukraine, Russia Sign Deal to Reopen Grain Export Ports

Jul 22, 2022

Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased.The accord crowned two months of talks brokered by the United Nations and Turkey…

Truck Blockade at Port of Oakland Stretches into Day Three

Jul 22, 2022

Independent truckers protesting California's new 'gig worker' law blockaded California's third-busiest seaport for the third straight day on Friday, delaying shipments at the state's top agricultural export hub and adding to U.S. supply chain headaches…

Protests Halt Cargo Movement at Port of Oakland

Jul 21, 2022

Protesting truckers stopped traffic on Wednesday at a Northern California port, one of the busiest in the United States, as they demonstrated against a new state labor law that makes it harder for independent truckers to operate.Drivers picketed…

Shrugging off Russia Maritime Business Loss, Cyprus Targets Asia Shipping

Jul 21, 2022

Cyprus has already overcome the loss of Russian maritime trade due to European sanctions and the Mediterranean shipping hub is chasing business expansion in Japan and elsewhere in Asia as it looks to grow its flag, a senior government official said…

Nippon Yusen Kabushiki Kaisha Revises Financial Outlook

Jul 21, 2022

Nippon Yusen Kabushiki Kaisha has upgraded its financial outlook for the fiscal year ending March 2023, projecting higher revenue and operating profits across the board in light of changing market conditions across multiple sectors it serves…

ABB Intends to Spin Off Its Turbocharging Business

Jul 21, 2022

ABB announced its intention to spin off Accelleron (formerly ABB Turbocharging) turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders. Accelleron’s listing on SIX Swiss Exchange in Zurich is planned for October 3…

Apply Now for Marine News' MN100 Awards Edition

Jul 20, 2022

Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers…

Can US Port Infrastructure Handle More Crude Exports?

Jul 20, 2022

U.S. crude shippers are exporting huge amounts of oil to meet strong demand from Europe following Russia's invasion of Ukraine and subsequent sanctions against Moscow. In coming years U.S. oil may find even more buyers overseas, but that could test the capabilities of U…

Ship Insurers Seek More Assurances on Ukraine Grain Corridor

Jul 20, 2022

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers say.Russia…

Maritime Training: MARAD Accepting Applications for Centers of Excellence

Jul 19, 2022

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced Tuesday that it is accepting applications for Centers of Excellence (CoE) designations to recognize and support community or technical colleges and maritime training…

US Grain, Coke Exports Drive Great Lakes-Seaway Shipping Activity in June

Jul 19, 2022

U.S. grain and coke exports boosted overall shipping volumes through the St. Lawrence Seaway in June.Total cargo tonnage shipments (from March 22 to June 30) via the St. Lawrence Seaway totaled 11.9 million metric tons, down 8.3% compared to 2021 but gaining ground in comparison to April…

Portugal's Sines Port Ready to Transfer LNG to Rest of Europe

Jul 19, 2022

Portugal's Sines port is ready to start onward shipment of liquefied natural gas (LNG), which arrives in large tankers and will be transferred to smaller vessels to head to other European states, a government spokesman said on Tuesday.He said…

UK Dockworkers at Major Container Port to Vote on Strike Over Pay

Jul 19, 2022

Hundreds of dockworkers at one of Britain's largest container ports will be balloted for strike action in a dispute over pay and conditions, a union representing them said on Tuesday, threatening disruption to supply chains.Staff from a range of sectors…

Current News

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Independent Port Consultants Announces New Hires

US Crude Being Shipped to Asia Via Panama Canal

Subscribe for Maritime Logistics Professional E‑News