Latest News - page 402


Interlake Acquires Two Great Lakes Vessels

Dec 31, 2020

Interlake Holding Company announced today the purchase of the assets of Pere Marquette Shipping Company and Lake Michigan Car Ferry Company in an acquisition that includes two working Great Lakes vessels, the articulated tug-barge Undaunted…

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Dec 30, 2020

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives…

Mammoth Cranes enroute to Port of Oakland

Dec 30, 2020

A set of three towering new cranes are coming to the Port of Oakland to handle the ever larger ships calling the seaport, an investment by Stevedoring Services of America (SSA) for its marine terminal at Oakland (Oakland International Container Terminal - OICT)…

Sen. Schumer Calls for Offshore Wind Turbine Assembly Site to be Built in Brooklyn

Dec 29, 2020

U.S. Senator Charles Schumer on Monday joined Public Advocate Jumaane Williams, calling for a creation of a local offshore wind turbine assembly center at Sunset Park, Brooklyn, New York, and calling for the New York State Energy Research and Development Authority (NYSERDA) funding…

Khalifa Port’s South Quay Now Operational

Dec 29, 2020

The first shipment, carrying bauxite, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, called at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility.The bulk carrier, Alfred Oldendorff…

Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops

Dec 28, 2020

Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this 'major acquisition' brings together the combined…

Strike Stymies more than 140 Grains Ships in Argentina

Dec 28, 2020

Loading of more than 140 agricultural export ships in Argentina has been stalled by a port-side oilseed workers' strike that started on Dec. 9, the head of the local chamber of soymeal manufacturers said on Monday, on the eve of talks on a new contract…

Argentina Agro-export Firms Improve Offer to End Grains Port Strike

Dec 28, 2020

Argentina's influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer to striking workers, seeking to end a more than two-week standoff that has bogged down exports from one of the world's main breadbaskets.The CIARA…

EU and UK Clinch Narrow Brexit Trade Deal

Dec 24, 2020

Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire.The deal, agreed more than…

Port of Oakland Extends Project Labor Agreement

Dec 24, 2020

The Oakland Board of Port Commissioners have extended the Port's landmark project labor agreement (PLA) that increases East Bay hiring on Port-related capital projects. Negotiated in 2016, the PLA serves as a model for increasing the number…

No UK Port Problems So Far for Jaguar Land Rover

Dec 24, 2020

Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors said on Thursday, even as many countries cut transport ties with Britain due to a fast-spreading new variant of the coronavirus…

Baltic Index Marks First Yearly Gain in Three

Dec 24, 2020

The Baltic Exchange's main sea freight index posted its first annual gain in three years on Thursday as iron ore shipments to China bounced higher, despite a hit to shipping activity due to the coronavirus pandemic.The Baltic dry index, which tracks rates for capesize…

ONE to Charter World's Largest Containerships

Dec 24, 2020

Singapore-headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) said it has signed a letter of intent (LoI) with Japan's Shoei Kisen Kaisha, Ltd. for the 15-year charter of six new ultra large containerships (ULCS). The vessels…

Training Tips for Ships - Tip #19: Assess Always

Dec 24, 2020

In last month’s Training Tips for Ships, we spoke about the value of creating a culture of learning. Even though many organizations have yet to achieve a healthy learning culture, the concept itself is not controversial. The value is self-evident and universally understood…

Argentina Port Workers to Spend Christmas on Strike

Dec 24, 2020

Argentine oilseed workers and grains inspectors said on Wednesday they will spend Christmas on strike, further bogging down agricultural exports by extending a work stoppage that started on Dec. 9.The latest offer from the CIARA-CEC chamber…

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