Ports News - page 140


China Ramps Up LSFO Production 30%, backing Bunker Fuel Hub Ambitions

Jan 04, 2022

China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur fuel oil by 30%, industry sources said on Tuesday…

Construction Begins at DP World's $1.1 Billion Port in Senegal

Jan 03, 2022

Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai's state-owned port operator DP World at Ndayane, around 50 km (31 miles) south of the capital Dakar…

New JV Stevedoring Company Handles First Box in Savannah

Jan 03, 2022

On Monday at the Port of Savannah, representatives from Gateway Terminals, the International Longshoremen’s Association and the Georgia Ports Authority joined to mark the first container moved under the direction of Gateway, a new joint venture…

Port of Oakland Aiming to Expedite Agricultural Exports

Jan 03, 2022

One of America's top seaports is set to launch an interagency effort to provide relief to agricultural exporters who are facing shortages of export capacity and skyrocketing logistics costsThe Port of Oakland announced Monday it is launching…

Indonesian Coal Export Ban Rattles a Sector

Jan 03, 2022

The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand, prompting President Joko Widodo on Monday to threaten to revoke business permits for any miners who failed to meet domestic market requirements…

2022 & Beyond: Will the Container Carrier Debacle Ever End?

Dec 30, 2021

When the global supply chain runs smoothly, it’s like a well-choreographed dance. Everything comes together elegantly and effortlessly. But when someone misses a step, the show can quickly turn into a disaster. And that’s what’s currently unfolding before our eyes…

Odfjell Builds New Tank Bay at Odfjell Terminal Houston

Dec 29, 2021

Odfjell is constructing a new tank bay at Odfjell Terminal Houston (OTH), continuing to expand and invest in its terminals platform to support ongoing regional growth in the chemical industry.The company is investing in and expanding its terminals platform with the addition of a new…

India's Adani Nears First Coal Load from Controversial Australian Mine

Dec 29, 2021

India's Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.The Carmichael mine in outback…

The Push for "Green" Ships will Keep Ocean Freight Costs High

Dec 28, 2021

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…

New Device Aims to Improve Docking Safety

Dec 23, 2021

A new innovative device has been engineered to improve docking safety.Designed to be installed on quay walls, the Dynamic Protective Barrier features a novel mechanism to dissipate energy for short duration impact caused by docking vessels.Matthew Czerniatewicz…

Over $241 Million in MARAD Grants Awarded for US Ports

Dec 23, 2021

More than $241 million in discretionary grant funding has been awarded for projects to improve U.S. port facilities, U.S. Department of Transportation Secretary Pete Buttigieg announced on Thursday.The grants, which will go to 25 projects in…

Port Sudan Struggles to Recover from Blockade and Turmoil

Dec 23, 2021

A blockade of Sudan's main Red Sea port by a local tribal group and threats of more disruptions have hurt efforts to lift the country out of economic crisis and could push trade flows to another regional route, officials and shipping executives say…

Port of Hueneme Votes to Use Zero-emissions Equipment

Dec 22, 2021

To further its commitment to decarbonize operations at the Port of Hueneme, the Oxnard Harbor District voted on December 20 to approve a Memorandum of Understanding (MOU) to provide stevedores with the ability to utilize the district’s existing two new electric terminal tractors (eUTR)…

Christmas Supply Chain Crisis Averted, Biden Says

Dec 22, 2021

President Joe Biden said U.S. actions to eliminate supply-chain snarls have staved off a pre-Christmas crisis, ahead of a meeting with U.S. officials and private-sector companies, including FedEx, on Wednesday.Biden created a task force in June…

Port of Rotterdam Expects Container Traffic to Remain High in 2022

Dec 22, 2021

Container traffic at the Port of Rotterdam has reached a record level this year and is expected to be high again in 2022, Europe's largest sea port said on Wednesday.The port said that it had received 15 million containers this year up until Wednesday…

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