Latest News - page 394

 

Bay Diesel Announces Leadership Change

Jan 04, 2021

For the first time since its inception in 1982, Bay Diesel has a new president. As voted by their Board of Directors in October 2020, the Senior VP of Sales Willard “Rob” Robins has taken on the role of President, with Scott Wheeler, founder and current president…

Evergreen Takes Delivery of Two 12,000 TEU Ships

Jan 04, 2021

Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan…

Suez Canal Annual Revenues Fell 3% in 2020

Jan 04, 2021

Egypt’s revenues from the Suez Canal in 2020 declined 3% to $5.61 billion compared to 2019, the canal authority said in a statement on Sunday.Transit fees for all types of ships would remain unchanged in 2021 and would include reductions and incentives offered in 2020…

GAC Opens Hamburg Office

Jan 04, 2021

The GAC Group said Monday it has opened a new office just north of Hamburg to provide support for some of the 14,000+ vessels that call at German ports every year.Headed by Thies Holm, GAC Germany will offer ship agency, husbandry, bunker fuels…

Sherrard Enhances Squire Patton Boggs Commodities and Shipping Capabilities

Jan 04, 2021

Squire Patton Boggs continued the expansion of its commodities and shipping capabilities with the addition of partner Kate Sherrard into its Financial Services Practice. She joins the firm from Clifford Chance where she was Head of the Asia…

New RoPax Ship Stena Embla Arrives in Belfast

Jan 03, 2021

Stena Embla, the third E-Flexer ferry to be commissioned for Stena Line’s Irish Sea routes in the last 12 months, recently arrived in Belfast. Touted by the owner as 'three of the most modern ferries in the world,' Stena Embla join her sister…

Interlake Acquires Two Great Lakes Vessels

Dec 31, 2020

Interlake Holding Company announced today the purchase of the assets of Pere Marquette Shipping Company and Lake Michigan Car Ferry Company in an acquisition that includes two working Great Lakes vessels, the articulated tug-barge Undaunted…

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Dec 30, 2020

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives…

Mammoth Cranes enroute to Port of Oakland

Dec 30, 2020

A set of three towering new cranes are coming to the Port of Oakland to handle the ever larger ships calling the seaport, an investment by Stevedoring Services of America (SSA) for its marine terminal at Oakland (Oakland International Container Terminal - OICT)…

Sen. Schumer Calls for Offshore Wind Turbine Assembly Site to be Built in Brooklyn

Dec 29, 2020

U.S. Senator Charles Schumer on Monday joined Public Advocate Jumaane Williams, calling for a creation of a local offshore wind turbine assembly center at Sunset Park, Brooklyn, New York, and calling for the New York State Energy Research and Development Authority (NYSERDA) funding…

Khalifa Port’s South Quay Now Operational

Dec 29, 2020

The first shipment, carrying bauxite, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, called at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility.The bulk carrier, Alfred Oldendorff…

Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops

Dec 28, 2020

Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this 'major acquisition' brings together the combined…

Strike Stymies more than 140 Grains Ships in Argentina

Dec 28, 2020

Loading of more than 140 agricultural export ships in Argentina has been stalled by a port-side oilseed workers' strike that started on Dec. 9, the head of the local chamber of soymeal manufacturers said on Monday, on the eve of talks on a new contract…

Argentina Agro-export Firms Improve Offer to End Grains Port Strike

Dec 28, 2020

Argentina's influential chamber of soyoil manufacturers and exporters on Sunday spiced up an offer to striking workers, seeking to end a more than two-week standoff that has bogged down exports from one of the world's main breadbaskets.The CIARA…

EU and UK Clinch Narrow Brexit Trade Deal

Dec 24, 2020

Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of empire.The deal, agreed more than…

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