Latest News - page 220

 

ONE Acquires Stakes in Three California Box Terminals

Dec 28, 2022

Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain…

Callan Marine Wins Contract to Dredge Houston Ship Channel

Dec 27, 2022

Galveston, Texas-based dredging contractor Callan Marine has been awarded a contract from the U.S. Army Corps of Engineers for pipeline deep-draft dredging of the Houston Ship Channel.Callan beat our four other bidders for the project to win the $13…

Port of Savannah’s Ocean Terminal Set for Upgrades

Dec 27, 2022

The Georgia Ports Authority Board has approved a plan to renovate and realign the docks at the Port of Savannah’s Ocean Terminal to better accommodate its expanding container operation.“For nearly 40 years, Ocean Terminal has been handling a mix of container ships and breakbulk vessels…

Port of Corpus Christi Gets $157.3 Million for Channel Improvement Project

Dec 27, 2022

The Consolidated Appropriations Act of 2023, approved by Congress in December 2022, includes project closeout funding of $157.3 million for the Port of Corpus Christi Ship Channel Improvement Project (CIP) for the U.S. Army Corps of Engineers (USACE)…

Galveston Mulls Adding Fourth Cruise Terminal

Dec 27, 2022

The Galveston Wharves and cruise company MSC Cruises are negotiating the development of a fourth cruise terminal at the Port of Galveston. The entities signed a non-binding memorandum of understanding (MOU) on December 7 outlining parameters…

Harlem Rocket to Collaborate with Raymarine

Dec 27, 2022

The Harlem Rocket, a new high-speed boat tour on the Hudson River along the famed Harlem and Upper Manhattan waterfront set to launch in the Spring of 2023, announced a sponsorship and collaboration with Raymarine. The Harlem Rocket, to be launched from the West Harlem Piers…

Second LPG Dual-Fuel VLGC for Astomos Named Lantana Planet

Dec 27, 2022

On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company…

Ship Recycling Endures a Turbulent 2022

Dec 27, 2022

Like much of the world, one word adequately describes the ship recycling market in 2022: turbulent.According to GMS, prices reached decade long peaks above $700/LDT in the first quarter of the year before crashing back down by about $200/LDT…

Port of Oakland Debuts Zero-emissions Top Picks

Dec 23, 2022

Two, all-electric top picks are operating at the Port of Oakland as part of a demonstration project to create a zero-emissions seaport.  The Oakland Seaport has joined a select group of seaports to operate the green technology equipment. Only a handful of these innovative…

Founded in 1806, SSH Continues Serving Retired Merchant Mariners

Dec 23, 2022

The Sailors’ Snug Harbor (SSH) is a charity based out of New York that provides assistance to retired merchant mariners. In 2022, SSH helped more than 400 mariners in 33 states and Puerto Rico. SSH helps mariners live more comfortably by assisting them with their living expenses such as rent…

Brazil Will Halt Santos Port Privatization

Dec 22, 2022

Brazil's government will not proceed with the privatization of the port of Santos, the largest in Latin America, the incoming minister of ports and airports was quoted as saying on Thursday by a Brazilian newspaper.Marcio Franca, tapped to head…

Suez Canal Open to Foreign Investment, Sovereignty Protected

Dec 22, 2022

Egypt's Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund that would help to manage its resources, the head of the Suez Canal Authority (SCA) said on Thursday.SCA Chairman Osama…

Port in Bahamas Orders Konecranes Mobile Harbor Crane

Dec 22, 2022

Nassau Container Port (NCP) has ordered an eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Crane for container handling at its terminal at Arawak Cay, Nassau, Bahamas. The order was booked in November 2022 and the crane will be delivered in July 2023…

MSC Group Completes Purchase of Bolloré Africa Logistics

Dec 21, 2022

French conglomerate Bollore, run by the family of billionaire Vincent Bollore, said on Wednesday it had completed the sale of its Bolloré Africa Logistics arm to shipping company MSC Group.The Bolloré company added the transaction was on the basis of a 5…

Gas Starts to Flow to Freeport LNG Export Plant in Texas

Dec 20, 2022

Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company’s projected end-of-the-year return date…

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