Latest News - page 141

 

Maersk Faces Significant Port Congestion in Asia, Mediterranean

Jun 03, 2024

Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish shipping group said in a statement on Monday.As a result of that congestion, the world's second-largest container shipping company…

Inchcape Shipping Services Acquires Grieg Logistics

Jun 03, 2024

Port agency and marine services company Inchcape Shipping Services on Monday announced it has acquired Grieg Logistics AS from the Grieg Group, strengthening its presence in the NordicsUnder the new ownership, Grieg Logistics will continue to…

Full LNG Production Restored at Gorgon Facility in Australia

Jun 03, 2024

Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia, after a mechanical fault caused one production train to go offline in late April.'Chevron Australia has resumed full LNG production from…

Parts of River Rhine Closed to Shipping Due to High Waters

Jun 03, 2024

Parts of the river Rhine in southern Germany were closed to cargo shipping on Monday after heavy rains raised water levels, navigation authorities said.Rhine river shipping stopped around Maxau and Mannheim in south Germany, the German inland waterways navigation agency WSA said…

Onne Multipurpose Terminal Welcomes its Largest Container Ship

Jun 02, 2024

Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has handled the Kota Cempaka – the largest container vessel to conduct full operations in Eastern Nigeria.Operated by Pacific International Lines (PIL)…

Extreme Asian Heat Spurs LNG Demand Ahead of Summer Months

May 31, 2024

Extreme temperatures across Asia are driving up liquefied natural gas (LNG) demand in the region as importers seek cargoes ahead of summer, with imports in South Asia hitting records.This could tighten available supply and further lift Asian spot prices that have already gained a third since April…

RWE to Explore Creation of Baltic Sea Offshore Wind Hub with Swedish Port

May 31, 2024

RWE and Smålandshamnar, which operates the Swedish Port of Oskarshamn, have signed a memorandum of understanding (MoU) to explore whether the port could serve as the offshore wind hub.The collaboration will assess if the port could be a suitable harbor for the logistics…

Singapore's Tuas Port to Add Three More Berths

May 30, 2024

Three new berths will start operations at Singapore Tuas Port later this year to tackle extended waiting times for ships after Red Sea shipping tensions boosted vessel arrivals, said Singapore's Maritime and Port Authority (MPA).The diversion…

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

May 30, 2024

Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as it strives to maintain energy security amid conflict on multiple fronts, according to Israeli officials and government documents.Prime…

Compromise Agreements Yield over $2.3 Million in Penalties

May 29, 2024

The Federal Maritime Commission has entered into compromise agreements with three different companies resulting in the collection of more than $2.3 million in civil penalty payments, and commitments by each company to reform specific business practices…

Antwerp Euroterminal Readies Shore Power Facility

May 29, 2024

Antwerp Euroterminal (AET) is installing two shore power connections which, when operational in 2026, will be the first in Belgium for seagoing vessels.The two fixed shore power connections will be used by car carriers and con-ro vessels. AET…

US Regulator Seeks New Emissions Data from Venture Global LNG

May 29, 2024

U.S. liquefied natural gas (LNG) exporter Venture Global LNG must refile emissions data for its Calcasieu Pass 2 plant construction permits, regulators said on Wednesday.The Alexandria, Virginia-based LNG developer had not included the impact…

Rumo to Sell Stake in Brazil Port Terminal to Bunge, Zen-Noh for $115 Million

May 29, 2024

Brazilian railway operator Rumo agreed to sell its 50% stake in a terminal at the Santos port to a consortium formed by Bunge's local unit and Zen-Noh Grain Corp for 600 million reais ($115.3 million), it said on Wednesday.In a securities filing…

Copenhagen Malmö Port Adds New Straddle Carriers

May 29, 2024

This week, Konecranes officially handed over eight hybrid Konecranes Noell Straddle Carriers to Copenhagen Malmö Port (CMP). These straddle carriers were ordered in Q2 2023 and are intended for the new container terminal in Copenhagen. The parts…

U.S. Gulf Coast Imports of Straight-Run Fuel Oil at Record

May 28, 2024

Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks, according to data from ship tracker Kpler…

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