Latest News - page 86

 

New IMO Tier III Tug for Port of Santos

Sep 23, 2024

The Wilson Sons tug WS Onix has commenced operation in the Port of Santos, the largest port facility in Latin America.It is the sixth vessel in the company's 2513 class and was built at the Wilson Sons shipyard in Guarujá (SP). The six new tugs…

Dutch See Rise in Russian LNG Imports, Urge Further Sanctions

Sep 23, 2024

Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.Imports of Russian LNG at the GATE…

Meet the CTO: David Shea, Kraken Robotics

Sep 23, 2024

Since its founding in 2012, Kraken Robotics has operated by the succinct motto: “Innovate or Die.” Fast forward to 2024, and it is a global powerhouse, publicly traded with 250 employees and revenues fast approaching the $100m mark. David Shea…

RWE Gets Long-Term Lease to Set Up O&M Base for Polish Offshore Wind Farm

Sep 23, 2024

RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the FEW Baltic II offshore wind farm in Poland.The base is one of the key elements in the realization and subsequent operation of the planned 350 MW offshore wind farm…

CMA CGM To Launch Takeover Bid for Santos Brasil

Sep 23, 2024

French shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48% stake in the company, it said on Monday as it further expands its grip on global shipping infrastructure…

Gassco Restarts Key Gas Export Plant After Maintenance

Sep 20, 2024

Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance, the company said on Friday.'Kaarstoe is in the start…

Russia's Seaborne Oil Product Exports Dip

Sep 20, 2024

Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…

Brokers Launch Port Disruption Insurance Amid Shipping Chaos

Sep 20, 2024

Broker Marsh and Lloyd's underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide cover against growing trade disruption risks such as threats to shipping in the Red Sea, executives involved said.Ports…

Southeast Asia Expected to Boost Coal Trade

Sep 20, 2024

Southeast Asian countries such as Vietnam and Philippines are expected to boost coal trade and consumption this decade, industry officials say, even as demand from top consumer China approaches its peak.The Indonesian Coal Miners Association (ICMA) expects imports by China and India to peak in 2025…

Grimaldi Group Acquires Majority Stake in Greek Port

Sep 19, 2024

The Grimaldi Group has completed the acquisition of 67% of the capital of Heraklion Port Authority (HPA) in Crete for 80 million euros ($89 million).The signing of the agreement with Hellenic Republic Asset Development Fund (HRADF) followed a tender conducted by HRADF…

IMODCO’s Terminals for Offshore Ammonia Transfers Receive ABS’ Seal of Approval

Sep 19, 2024

American Bureau of Shipping (ABS) has issued approvals in principle (AiPs) for a range of jetty-less new energy terminal concepts to move frequent, large-volume ammonia transfers away from shore, developed by SBM Offshore’s division IMODCO Terminals…

Cargo Volumes Soar to Record Heights at Port of Los Angeles

Sep 18, 2024

The Port of Los Angeles reported handling nearly 960,600 Twenty-Foot Equivalent Units (TEUs) in August, marking a remarkable 16% increase compared to the same month last year. This figure represents the busiest month for the port since before the pandemic…

US Port Strike Would Spark Supply-chain Glitches from Outset, Shipping Exec Says

Sep 18, 2024

A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods in the country, the North America chief executive of French container carrier CMA CGM said on Wednesday…

ECT Terminals Switching to Shore Power to Slash Emissions

Sep 18, 2024

Hutchison Ports ECT Rotterdam (ECT) is set to enhance its container terminals with shore power facilities in the coming years, following an agreement with Rotterdam Shore Power (RSP), a collaboration between Eneco and the Port of Rotterdam.The…

APM Terminals Invests $115 million in West Africa Container Terminal

Sep 18, 2024

APM Terminals celebrated the inauguration of a comprehensive $115 million upgrade project at its West Africa Container Terminal (WACT) in Onne, Nigeria.The inauguration ceremony was attended by several dignitaries, including the Secretary to the Government of the Federation (SGF)…

Logistics News

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

Bunker Sales Surge in Singapore

Bunker Sales Surge in Singapore

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