Latest News - page 170

 

Battle Heats Up for Hamburg Port Operator as MSC Makes $1.4 Billion Offer

Sep 13, 2023

Swiss-based MSC, the world's biggest container shipping company, has offered to buy almost half of the main operator of Hamburg port in a deal that could be worth nearly 1.3 billion euros ($1.4 billion), setting the stage for a potential bidding war…

Libyan Oil Ports Reopen after Storm Forced Closure

Sep 13, 2023

Four major oil ports in Libya have reopened after shutting down on Saturday because of the powerful storm that swept the country, killing thousands of people, port agent Al Omran International Maritime Agencies said on Wednesday. The eastern ports of Brega…

Vancouver RTG Crane to be Powered by Fuel Cell

Sep 13, 2023

Corvus Energy has been selected by TYCROP and their hydrogen technologies partner H2 Portable to supply the battery energy storage system component of a hydrogen fuel cell RTG crane scheduled for retrofit at Vancouver Fraser Port in 2024.This…

Panama Canal to Further Reduce Daily Transits if Drought Continues

Sep 12, 2023

The Panama Canal could further reduce the maximum number of authorized daily vessel transits if this year's drought continues, the waterway's administrator said on Tuesday.A backlog of ships is waiting to pass through the trans-oceanic canal…

Top Global Ports May Be Unusable by 2050 Without More Climate Action

Sep 12, 2023

Some of the world's largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up decarbonization of the maritime sector and bring in new technology are vital, a study showed on Friday.Weather-related disruptions are already impacting ports across the globe…

US Regains Crown as World's Largest LNG Exporter

Sep 12, 2023

The U.S. regained its crown as the world's largest exporter of liquefied natural gas (LNG) in the first six months of this year, according to the U.S. Energy Information Agency (EIA).US exports of the superchilled gas, particularly to Europe…

IMO Provides Interim Guidance on Biofuels in Relation to CII

Sep 12, 2023

The 80th session of the IMO’s Marine Environment Protection Committee (MEPC 80), held in July 2023, has approved the interim guidance on the use of biofuels.This is in relation to assigning CO2 Emission Conversion Factor (Cf) under the Carbon…

Global Transport Solutions Adds to String of Acquisitions

Sep 12, 2023

Maritime logistics company Global Transport Solutions (GTS), through its brand Marinetrans, has acquired SSL (formerly part of Burando Maritime Services), a marine logistics specialist providing barge deliveries, warehouse consolidation and freight forwarding services…

Indonesia Lifts Live Cattle Trade Restrictions on Exports from Australia

Sep 12, 2023

Australia’s Department of Agriculture, Fisheries and Forestry has reached an agreement with the Indonesian Agriculture and Quarantine Agency so that its suspensions on live cattle and buffalo exports from seven registered establishments across northern Australia has been lifted…

Brazil, Paraguay Clash with Argentina Over Grains Waterway Tolls

Sep 11, 2023

Brazil, Paraguay, Bolivia and Uruguay have urged Argentina to stop applying tolls for ships and barges carrying grains and other exports, saying it restricts navigation on a key river channel.The four countries issued a joint statement late…

SENNEBOGEN Opens New Steel Plant in Hungary

Sep 11, 2023

With the official opening of the new steel plant of Termelés-Logistic-Centrum GmbH in Litér (Hungary), material handling equipment and cranes manufacturer SENNEBOGEN is expanding its capacity for steel assemblies and welded constructions.This 315…

MOL and Shell Partner to Advance Maritime Decarbonization

Sep 11, 2023

Mitsui O.S.K. Lines, Ltd. (MOL) and Shell Marine Products Singapore, a business division of Shell Eastern Trading Pte. Ltd (Shell), have signed a memorandum of understanding (MOU) to jointly focus on the advancement of alternative maritime solutions…

US West Coast Ports Gained Market Share After Labor Deal

Sep 11, 2023

U.S. West Coast ports, which reached a labor deal with their workers this summer, gained market share in August from the previous month, while their main rivals on the East Coast lost ground, Descartes Systems Group DSG.TO said on Monday.For more than a year…

AST Harnesses the Power of Connectivity, Digitalization

Sep 11, 2023

Latest advances in digital technologies and faster, cheaper connectivity walk hand-in-hand as vessel owners of all sizes aim to cut fuel consumption, cut emissions and increase efficiencies. AST is aiming to do both, offering connectivity plus…

US, Saudi Arabia, India Discuss Possible Rail, Port Deal

Sep 08, 2023

The U.S., Saudi Arabia, India and other nations are discussing a possible infrastructure deal that could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port, according to U…

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