Latest News - page 253

 

Port Report: Rotterdam Throughput Stays Strong Despite Russia Decline

Jul 26, 2022

The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segments, the war in Ukraine led to significant changes…

American Cruise Lines Adds California Service

Jul 25, 2022

American Cruise Lines announced it will begin offering California cruises starting in 2023.The U.S. river and small ship coastal cruise line will offer a new eight-day round tris from San Francisco exploring the San Francisco Bay, San Pablo Bay…

Terminals at Port of Oakland Resume Regular Hours

Jul 25, 2022

Marine terminals at California's Port of Oakland reopened for regular weekday hours on Monday after independent truckers formally ended a week-long protest of the state's new 'gig worker' law that stranded cargo on ships, docks and warehouses…

Port of Corpus Christi Sets New Tonnage Records

Jul 25, 2022

The Port of Corpus Christi reports this month it achieved its best quarter and best first half in its 100-year history.In Q2 2022, the port moved a record 46.4 million tons, eclipsing the prior record quarter (Q4 2021) by 4.8%. The Port of Corpus…

Russian Missiles Hit Ukraine Port

Jul 25, 2022

Russian missiles hit Ukraine's southern port of Odesa on Saturday, the Ukrainian military said, threatening a deal signed just a day earlier to unblock grain exports from Black Sea ports and ease global food shortages caused by the war.Ukrainian…

More Long Delays at UK's Port of Dover

Jul 25, 2022

Long queues of holidaymakers and lorries built up on Saturday outside the Port of Dover, Britain's main gateway to Europe, and officials said the disruption could be worse than the logjam seen on Friday.Travelers setting out at the start of the British school summer holidays…

Cargo Shippers Pressure EU for Review of Container Shipping Regulation

Jul 25, 2022

Ten trade organizations representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping are demanding an immediate review of European Union’s Consortia Block Exemption Regulation for the container shipping industry…

New InmarsatSatellite Reaches Geostationary Orbit, Testing Begins

Jul 25, 2022

I-6 F1, Inmarsat's most sophisticated commercial communications satellite\, has reached geostationary orbit and begun on-orbit testing, Carrying both L-band and Ka-band payloads, I-6 F1 will deliver a further enhancement of Inmarsat’s ELERA and Global Xpress networks respectively…

Ship Insurers Sail Into Unknown With Ukraine Grain Risks After Deal Reached

Jul 22, 2022

A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached to re-open Black Sea ports, although the first shipments are expected to be weeks away, industry sources said on Friday…

Ukraine, Russia Sign Deal to Reopen Grain Export Ports

Jul 22, 2022

Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased.The accord crowned two months of talks brokered by the United Nations and Turkey…

Truck Blockade at Port of Oakland Stretches into Day Three

Jul 22, 2022

Independent truckers protesting California's new 'gig worker' law blockaded California's third-busiest seaport for the third straight day on Friday, delaying shipments at the state's top agricultural export hub and adding to U.S. supply chain headaches…

Protests Halt Cargo Movement at Port of Oakland

Jul 21, 2022

Protesting truckers stopped traffic on Wednesday at a Northern California port, one of the busiest in the United States, as they demonstrated against a new state labor law that makes it harder for independent truckers to operate.Drivers picketed…

Shrugging off Russia Maritime Business Loss, Cyprus Targets Asia Shipping

Jul 21, 2022

Cyprus has already overcome the loss of Russian maritime trade due to European sanctions and the Mediterranean shipping hub is chasing business expansion in Japan and elsewhere in Asia as it looks to grow its flag, a senior government official said…

Nippon Yusen Kabushiki Kaisha Revises Financial Outlook

Jul 21, 2022

Nippon Yusen Kabushiki Kaisha has upgraded its financial outlook for the fiscal year ending March 2023, projecting higher revenue and operating profits across the board in light of changing market conditions across multiple sectors it serves…

ABB Intends to Spin Off Its Turbocharging Business

Jul 21, 2022

ABB announced its intention to spin off Accelleron (formerly ABB Turbocharging) turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders. Accelleron’s listing on SIX Swiss Exchange in Zurich is planned for October 3…

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