Automakers Tesla and Geely-owned Volvo Car said they were suspending some production in Europe due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the region.The United States and Britain launched a series of strikes on Yemen on Thursday, aimed at the Iran-backed Houthi militia whose attacks on international shipping have disrupted one of the world's most important shipping routes…
Terminal 46 marked a significant milestone on Friday, February 2, as it welcomed the arrival of the Glovis vessel Silver Sky transporting automobiles destined for Canada.More than 2,500 automobiles discharged at Terminal 46, in The Northwest Seaport Alliance (NWSA) gateway…
Cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for shipping. To resolve this conundrum for its clients…
Safetytech Accelerator, a non-profit established by Lloyd’s Register, has confirmed that UK maritime insurers, the UK P&I Club and TT Club, have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).The Initiative, launched in February 2023…
NYK has acquired a 25% stake in PT. Patimban International Car Terminal (PICT), a car terminal operator based at the Indonesian port of Patimban. The shares were acquired from Toyota Tsusho Corporation, and registration was completed on August 18…
Electric-vehicle batteries and other car parts are the latest products under scrutiny as part of Washington's effort to stamp out U.S. links to forced labor in Chinese supply chains, according to a document seen by Reuters, agency statistics and sources…
To help foster interest and understanding of the maritime industry in the 'next generation,' earlier this week NYK welcomed students and parents from the Jacksonville Japanese School to board Apollon Leader, a pure car and truck carrier (PCTC) that was moored at the port of Jacksonville…
Japanese shipping company NYK last week took delivery of the Plumeria Leader, an LNG-powered pure car and truck carrier (PCTC).The vessel, delivered on March 24, was built at the Shin Kurushima Dockyard of Shin Kurushima Toyohashi Shipbuilding Co…
MacGregor, part of Cargotec, was selected to supply comprehensive packages of RoRo equipment for four Aurora class pure car and truck carriers (PCTCs) to be built by China Merchant Heavy Industries (Jiangsu) Co., Ltd. for Höegh Autoliners.The order has a value of more than $15 million…
Eagle LNG marked a series of firsts when it fueled the 7,500-car carrier SIEM Aristotle from its Talleyrand LNG Bunker Station at the Jacksonville Port Authority (JAXPORT) in Jacksonville, Fla. It was the first time SIEM has refueled the vessel…
NYK signed a memorandum of understanding (MoU) for the consecutive building of LNG-fueled PCTCs at Shin Kurushima Dockyard Co., Ltd. and Nihon Shipyard Co., Ltd. Twelve new ships are planned to be built, six ships each at the two shipyards, for delivery successively from fiscal 2025 to fiscal 2028…
