Latest News - page 265

 

Osman Named President, CEO at AET

May 12, 2023

MISC Berhad announced the change of President & CEO and Chairman of AET effective June 1, 2023. Zahid Osman has been appointed as the President & CEO, succeeding Capt. Rajalingam Subramaniam. The current Chairman, Datuk Yee Yang Chien will step down as of 31st May 2023…

Panama Updates its General Merchant Marine Law

May 12, 2023

The Panama Maritime Authority (AMP) and Panama’s main maritime associations concluded the meetings for the revision of the General Merchant Marine Law, law 57 of August 6, 2008.A total of 188 articles were reviewed; 70 were modified; 10 were eliminated and more than 12 new articles were proposed…

US Permit Crackdown Poses New Hurdles for Proposed LNG Projects

May 11, 2023

The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail to meet a construction deadline poses a new hurdle for greenfield plants, analysts said on Thursday.The DOE last month…

Propane Terminal Tractors Up to 99% Cleaner than Diesel -Study

May 11, 2023

Propane-powered terminal tractors are significantly cleaner than their diesel counterparts in several key emissions reduction areas, new data released from the Propane Education & Research Council (PERC) and Port Newark Container Terminal (PNCT) shows…

Höegh Autoliners Announces Green Ammonia Supply Deal

May 11, 2023

Höegh Autoliners announced it is partnering with Norwegian green energy provider North Ammonia for the supply, distribution, delivery and consumption of green ammonia, a carbon free fuel produced using renewable energy.Under the deal, North…

Australia Budgets for Live Sheep Export Ban

May 11, 2023

Australia’s 23-24 Federal Budget has allocated A$5.6 million over two years to see through plans for the phase-out of live sheep export from Australia.RSPCA Australia CEO Richard Mussell said the RSPCA, as Australia’s leading animal welfare authority…

Maritime NZ Extends Oversight to Ports

May 11, 2023

The New Zealand government has confirmed that Maritime NZ will have oversight over the health and safety of most port operations.Maritime NZ Chief Executive Kirstie Hewlett says the decision to extend Maritime NZ’s Health and Safety at Work…

Germany Approves Cosco Stake in Hamburg Port Terminal

May 10, 2023

Port logistics firm HHLA said on Wednesday the German government has cleared the purchase by China’s Cosco of a 24.9% stake in a container terminal in the sea port of Hamburg, amid a political row over Chinese investment in the German economy…

India Eyes Green Hydrogen Bunkering at Major Ports by 2035

May 10, 2023

India has set a deadline of 2035 to establish green hydrogen bunkering and refuelling facilities at major ports in the drive to cut its carbon footprint, the shipping ministry said in guidelines issued on Wednesday.One of the world's biggest emitters of greenhouse gases…

Brazil on Track to Become World Maize Export Leader in '23

May 10, 2023

“Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the world’s largest maize exporter this year, which would partially offset weaker harvests in the US, Argentina, and Ukraine…

Macquarie Expects $1 Billion from Sale of US Port Terminal Operator Ceres

May 09, 2023

Australia's Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesday citing sources familiar with the matter.The financial conglomerate…

Port of Montreal Aims to Be Carbon Neutral by 2035

May 09, 2023

The Port of Montreal made a series of flagship commitments with regards to carbon neutrality, territorial protection and improving the city-port interface at the 2nd annual Montreal Climate Summit underway at the Port of Montreal’s Grand Quay on May 9 and 10…

Young Named VP Production Ops at Austal USA

May 09, 2023

Austal USA promoted Chris Young to Vice President of Production Operations. Young, formerly Senior Director of Production, is a 26-year veteran of Austal with 19 of those years spent at Austal USA’s new construction manufacturing facilities in Mobile…

Ship Recycling Market Slows

May 09, 2023

As the ship recycle market enters a period of contraction going into the traditionally weaker and quieter summer / monsoon months, sentiments have declined across the sub-continent markets (and even Turkey) this week, according to GMS. To compound the bearish ship recycling sentiments…

Why the EU is Restricting Grain Imports from Ukraine

May 09, 2023

The European Commission has announced restrictions on the imports of Ukrainian wheat, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June 5.The move led to Poland, Hungary, Slovakia and Bulgaria lifting…

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