Latest News - page 184

 

Why Does the Black Sea Grain Deal's Expiry Matter?

Jul 17, 2023

A deal allowing Ukraine to export grain via the Black Sea will expire at the end of Monday after Russia said it will suspend its participation.The deal, brokered by the United Nations and Turkey last July, aimed to alleviate a global food crisis…

Russia Refuses to Renew Black Sea Grain Deal; Says No Guarantees for Ships

Jul 17, 2023

Russia refused on Monday to extend the agreement that has enabled Ukraine to export grain from its Black Sea ports for the past year, complaining that promises to free up its own shipments of food and fertilisers had not been kept.Russia's Foreign Ministry said it had notified Ukraine…

UN Scrambles to Save Black Sea Grain Deal Ahead of Monday Deadline

Jul 14, 2023

The European Commission is helping the United Nations and Turkey try to extend a deal allowing the Black Sea export of Ukraine grain and is open to 'explore all solutions,' a European Union spokesperson said on Thursday, ahead of the deal's possible expiration on Monday…

KHI Gets Order for NYK's Sixth LPG Dual-fuel Very Large LPG/Ammonia Carrier

Jul 14, 2023

NYK ordered of its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026…

Gastrade Awards Alexandroupolis LNG Terminal Towage Contract to Svitzer

Jul 13, 2023

A.P. Moller-Maersk's towage arm Svitzer announced it has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) LNG terminal—the first offshore LNG project in Greece—set to become operational in the beginning of 2024…

UN Asks Putin to Extend Black Sea Grain Deal in Return for SWIFT Access

Jul 13, 2023

U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia's agricultural bank to the SWIFT international payment system…

ONE Launches LUX Service

Jul 13, 2023

Ocean Network Express (ONE) has announced a new weekly service: Latin-East-Coast Europe Express (LUX) connecting Europe and the Mediterranean to the East Coast of South America.The LUX represents ONE’s first dedicated service connecting Europe…

Port of Newcastle and MHI Announce Clean Energy Partnership

Jul 12, 2023

Port of Newcastle, Australia, and Mitsubishi Heavy Industries (MHI) have signed an MOU setting out a pathway towards a world-class clean energy economy in the Hunter Region.The port’s Clean Energy Precinct secured a $100-million government in the 2022 Federal Budget…

Netherlands-Based ZHD Stevedores Orders All-Electric Crane

Jul 12, 2023

ZHD Stevedores orders first all-electric transshipment crane CBG 500 E from Liebherr.The crane, which was recently launched on the market, has a lifting capacity of up to 105 tonnes in hook operation and a maximum grab capability of up to 90 tonnes…

Bunker Fuel Contamination Hits US Gulf Coast

Jul 12, 2023

Contaminated marine fuels from several suppliers led to fouled engines on about a dozen vessels operating from the U.S. Gulf Coast this spring, according to Lloyd's Register and marine fuel testing service VPS.The tainted fuel was the first major occurrence along the U…

Marine Assekuranz, Fram Insurance Brokers Form JV "Marine Alliance"

Jul 12, 2023

Marine insurance brokers Marine Assekuranz from Hamburg and Fram from Norway are joining forces. With the core expertise in insuring ships and transports worldwide for decades – now they are joining forces under the umbrella of the 'Marine Alliance'…

Port of Tilbury Plans Green Hydrogen Project

Jul 11, 2023

UK power generation company RWE, Mitsui and the Port of Tilbury are developing a hydrogen project at the Port of Tilbury in the UK.The partners aim to develop a small scale ‘proof of concept’ demonstrator project to produce green hydrogen for decarbonising the operation of port equipment…

Ship Fire at Port Newark Extinguished

Jul 11, 2023

The Unified Command consisting of the U.S. Coast Guard, Port Authority of New York and New Jersey, Newark Fire Department, and Gallagher Marine Systems has successfully concluded shipboard fire response operations at Port Newark and is transitioning to the investigation and salvage operations…

Cheniere Shunning Panama Canal for Longer LNG Routes to Asia

Jul 11, 2023

Top U.S. LNG exporter Cheniere Energy LNG.A is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.The Panama Canal historically has been used by U…

World's Top Fertilizer Maker Cuts Output as Canada Port Strike Drags On

Jul 11, 2023

The world's biggest fertilizer producer Nutrien Ltd cut production on Tuesday, citing the impact of an 11-day-old strike in Canada's Pacific ports whose cost has now ballooned to an estimated C$5.5 billion ($4.2 billion).Some 7,500 dock workers…

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