Latest News - page 36

 

Edison Receives First Delivery of US LNG From Venture Global

May 14, 2025

Italian energy group Edison said on Wednesday it received the first cargo of liquefied natural gas (LNG) from U.S. firm Venture Global, adding it would continue litigation over delays in its delivery.A cargo of 165,000 cubic metres of LNG from…

Paul Pathy of Fednav Elected BIMCO President

May 14, 2025

BIMCO, the world’s largest shipping association, has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping company, Fednav, as President. Pathy was elected at the organization’s general meeting in Copenhagen on Wednesday…

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

May 14, 2025

LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores…

Barcelona to Get New Finished-Vehicle Logistics Terminal

May 13, 2025

NYK has been awarded a 27-year concession from the Port of Barcelona in Spain for a finished-vehicle logistics terminal at the port.The new facility, scheduled to commence operations in 2027, will incorporate a fully automated multilevel parking system and utilize renewable energy…

Phase 1 of Gdynia Quay Upgrade Complete

May 13, 2025

International Container Terminal Services, Inc.’s (ICTSI) Baltic Container Terminal (BCT), Gdynia, acting in coordination with the Port of Gdynia Authority, has completed Phase 1 of a two-phase major upgrade of its Helskie Quay.The project, implemented over 400 meters of quay line…

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

May 13, 2025

Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday…

DynaMoor Mooring Put to the Test in Japan

May 13, 2025

On May 13, NYK, JERA Co., Inc. (JERA), and Trelleborg Marine & Infrastructure (TMI), a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries under the Trelleborg AB group, jointly installed…

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

May 12, 2025

Net Feasa, a leader in supply chain digitalization, announced the launch of Agentic Control Tower, an end-to-end visualization and booking platform that wraps traditional shipping container workflows in Agentic AI. Agentic Control Tower transforms…

Panama Canal Vessel Transits Increase to 34 Per Day in April

May 12, 2025

The number of vessels that passed through the Panama Canal rose to an average of 34 per day for a total of 1,021 transits last month, from an average of 33.7 per day in March, according to a bulletin published by the waterway's authority.In the first four months of 2025…

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

May 12, 2025

Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis…

Cavotec Signs $8.99 Million Shore Power Order

May 12, 2025

Cavotec has signed an order valued at USD$8.99 million (EUR 8.1 million) with a leading global container shipping company to deliver complete shore power systems for newly built container vessels. The order includes cable management reels and weatherproof enclosures…

Fairbanks Morse Defense Announces New CEO

May 12, 2025

Fairbanks Morse Defense (FMD) is proud to announce Steve Pykett as he takes the helm as Chief Executive Officer. This transition marks a new chapter as the company continues to build on its legacy and drive forward into new opportunities for growth and innovation…

Port Authority of NSW Announces New CEO

May 12, 2025

Port Authority of New South Wales has welcomed the NSW Government’s appointment of John McKenna as Chief Executive Officer of the State-owned Corporation, effective immediately. John brings commercial experience and a deep understanding of Port Authority’s operations to the role…

Maersk Reports First Quarter Drop in Revenue Growth

May 11, 2025

For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.The company states that these results, while sequentially down as expected…

Container Shipping Companies Cut Asia-US Services

May 11, 2025

Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country collapse trade, maritime consultants said…

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