Latest News - page 77

 

Car Carrier Vessel Market Outlook for '25 is Bearish

Dec 16, 2024

Political winds blowing a raft of new tariffs and incoming supply uptick suggests a volatile 2025 Bearish sentiment crept into the car carrier market in June after the European Union (EU) announced increased import tariffs for Chinese-made electric vehicles (EVs) up to as much as 45…

Leveraging Human Factors for Safer Maritime Vessel Ops

Dec 16, 2024

A safety management system, while vital, can only take a company so far. The real change has to be cultural throughout an organization.Many maritime companies can operate effectively under the International Safety Management Code, which governs safety and pollution prevention for ships…

AGLPA Appoints New Executive Director

Dec 15, 2024

The Board of Directors of the American Great Lakes Ports Association (AGLPA) has appointed Brian Oszakiewski to Executive Director, succeeding Steve Fisher at the end of December after 30 years of distinguished leadership.A native of Chicago…

House Oversight Committee Releases Memo on USCG Misconduct Probe

Dec 13, 2024

House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct…

Baltic Index sees Fourth Consecutive Weekly Loss

Dec 13, 2024

The Baltic Exchange's dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, recorded its fourth consecutive weekly decline on Friday, dragged down by losses across all vessel segments for the week…

Netherlands Navy CCS arrives at Damen after Sea Trials

Dec 13, 2024

Combat Support Ship (CSS) Den Helder (A834) arrived in Vlissingen this morning after successfully completing her maiden voyage and sea trials.The new supply ship for the Royal Netherlands Navy departed from the Damen Naval shipyard in Galați…

NUWC Analyst earns Meritorious Civilian Service Award

Dec 13, 2024

Martin J. Guyotte, a recently retired senior staff analyst from the Naval Undersea Warfare Center (NUWC) Division Newport Undersea Warfare (USW) Mission Engineering and Analysis Department, was presented a Department of the Navy Meritorious Civilian Service Award…

Trump Signals Support for ILA Dockworkers

Dec 13, 2024

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United…

Authorities Attempt to Reopen Germany's Mosel River

Dec 13, 2024

Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo shipping…

Venture Global Louisiana Plaquemines LNG Plant "on track"

Dec 13, 2024

U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG, according to data from financial group LSEG and energy analysts…

Sweden: New Offshore Wind not Commercially Viable

Dec 13, 2024

Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that…

Maersk says Global Trade could rise 7% in 2025

Dec 13, 2024

Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, an executive at the global carrier said on Wednesday.'We predict anywhere between 5 and 7% (growth) overall…

Taiwan: China's threat towards island is "evolving"

Dec 13, 2024

Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when it began its current series of war games, and its recent large-scale buildup of maritime forces is a testament to this.China's…

China: US-backed Philippines 'provoked trouble' in South China Sea

Dec 13, 2024

China accused the Philippines on Friday of having 'provoked trouble' in the South China Sea with U.S. backing, a week after Beijing and Manila traded accusations over a new confrontation in the disputed waters.'The Philippine side, with U.S…

CMA CGM seeks 2025 Singapore biofuel bunker supply

Dec 13, 2024

French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between January and December 2025, according to market sources.The company has been one of the top lifters of marine biofuel in Singapore this year…

Logistics News

Konecranes Pens 200-Crane Service Deal with Meyer Turku Shipyard

Konecranes Pens 200-Crane Service Deal with Meyer Turku Shipyard

High Visibility Border Patrol Conducted at Australian Port

High Visibility Border Patrol Conducted at Australian Port

October U.S. Container Imports Flatten

October U.S. Container Imports Flatten

AAPA Proposes Alternative Policies to USTR

AAPA Proposes Alternative Policies to USTR

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Urals diffs stable in opaque trade
Mexico's Esentia is expecting to raise $610 Million in IPO
As Mideast metals flow in, the share of Russian and Indian aluminium on LME stock drops.