Latest News - page 246

 

Workers at UK's Biggest Container Port to Begin 8-day Strike

Aug 21, 2022

More than 1,900 workers at Britain's biggest container port are due on Sunday to start eight days of strike action which their union and shipping companies warn could seriously affect trade and supply chains.The staff at Felixstowe, on the east coast of England…

UK's Felixstowe Port: Disappointed Strike Action Will Go Ahead

Aug 19, 2022

The company that operates Britain's biggest container port, Felixstowe, said on Friday it believed its pay offer to workers was fair and it was disappointed strike action due to begin on Sunday had not been called off.More than 1,900 workers…

France Favors Gas Terminals Over New Pipeline to Tackle Crisis

Aug 19, 2022

A third gas pipeline between Spain and France would cost at least 3 billion euros ($3 billion) and take years to complete, making it a less attractive option to address Europe's supply worries than new terminals to receive fuel by boat, France's energy transition ministry said…

Rhine Water Too Low Even for Some Empty Vessels

Aug 19, 2022

Water levels on Germany's Rhine river are so low that some vessels cannot sail even when empty, a shipping cooperative said on Friday, although long-awaited rain has begun to ease bottlenecks on one of the country's main commercial routes.Weeks…

Energy Efficiency Indices: What You Need to Know

Aug 19, 2022

Decarbonization is the greatest challenge facing the shipping industry today.The effort to reduce emissions and environmental impact extends to all sectors and players and will leave no one in the industry unaffected.The IMO’s effort to decarbonise shipping is a numbers game…

Rollercoaster Containershipping Rates Continue, says Xeneta

Aug 19, 2022

South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast ratesThe latest ocean freight rate data from Xeneta reveals that spot rates are currently $3,700 more expensive for shipping 40-ft. containers from the Far East to the South American East Coast…

Jurong Port, MHI and JERA Explore Plan to Build Ammonia Power Plant in Singapore

Aug 19, 2022

A consortium of Singapore and Japanese companies have signed an initial agreement to build a power plant fuelled only by ammonia in the city state.Singapore's Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP) and JERA plan to build…

Sunken WW2 German Warships Exposed by Low water Levels on Danube

Aug 19, 2022

Europe's worst drought in years has pushed the mighty river Danube to one of its lowest levels in almost a century, exposing the hulks of dozens of explosives-laden German warships sunk during World War Two near Serbia's river port town of Prahovo…

UN Chief Seeks 'Spirit of Compromise' Over Ukraine Grain Initiative

Aug 18, 2022

U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a 'spirit of compromise' to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports.Guterres…

Average Container Prices and Leasing Rates Decline in China

Aug 18, 2022

Average container prices have declined to more than half from the last year in August as China picks up containerized trade volumes more recently, according to an analysis published by Container xChange, a technology marketplace and operating platform for container logistic companies…

Great Lakes Iron Ore Trade Down in July

Aug 18, 2022

Shipments of iron ore on the Great Lakes totaled 5.3 million tons in July, a decrease of 6.8% compared to a year ago, according to trade group the Lake Carriers’ Association (LCA). Shipments were also 6.3% below the month’s 5-year average, LCA said…

Final Crane Installed at Charleston's Wando Welch Terminal

Aug 18, 2022

Fifteen ship-to-shore cranes now stand 155 feet above the wharf deck at Wando Welch Terminal, efficiently working mega container ships at the Port of Charleston.The fifteenth and final crane was recently moved into position along the waterfront…

Liebherr Expands All-electric Heavy Lift Ship Crane Series

Aug 18, 2022

Driven by the growth in the size of wind turbines, Liebherr's all-electric heavy lift crane series is being expanded with an 800-tons crane. 'The new cranes follow on from a long tradition and decades of experience in building ship cranes. The first ship crane was delivered by Liebherr in 1958…

Seven Charged with Labor Racketeering in the Port of San Juan

Aug 17, 2022

On August 11, 2022, a federal grand jury in the District of Puerto Rico returned an indictment charging seven defendants with running a criminal enterprise dedicated to extorting and misleading shipping companies into paying fees for the loading…

Pasha's New LNG Containership Makes Maiden Call at Port of Long Beach

Aug 17, 2022

Hawaii-based Pasha Hawaii welcomed the newest member to its containership fleet with the arrival of George III at the Port of Long Beach in California, where she will begin her maiden voyage to Honolulu, Hawaii. This is the first liquefied natural…

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