Latest News - page 856

 

Port Houston Taps Moseley as CCO

Jun 18, 2018

Port Houston’s senior director of trade development John Moseley has been appointed to succeed retiring chief commercial officer Ricky Kunz.Moseley, the port’s senior director of trade development since 2010, will take the lead in developing and executing Port Houston’s commercial strategy…

The Bellona Foundation, Carnival Partner in Sustainable Cruising

Jun 18, 2018

The Bellona Foundation and Carnival Corporation & plc have signed an agreement to work together to continue improving environmental and sustainability impact. The newly formed cooperation is based on the two parties’ shared vision of an even…

Container Scanning Introduced at Krishnapatnam Port

Jun 18, 2018

India’s Krishnapatnam Port Company Limited (KPCL),  in an industry first initiative, announced the installation of ‘Rapiscan Eagle P 60 (“Eagle P60’)’ a drive through X Ray Container Scanner & Radiation Portal Monitors. Besides increasing security and safety of the port…

Somalia, Ethiopia to Jointly Invest in Red Sea Ports

Jun 18, 2018

Somalia and Ethiopia announced they were jointly investing in four seaports to attract foreign investment to their two countries, the latest move in a tussle for access to ports along one of the world's most strategic waterways.After Somalia's…

New Feeder Solution to Serve US Offshore Wind Market

Jun 18, 2018

Dutch companies GustoMSC and Barge Master join forces in the development of a motion-compensated feeder solution to service the emerging U.S. offshore wind marketsThis solution offers a flexible and cost-effective alternative for installing the first wave of U…

Crowley Honored for Puerto Rico Relief Efforts

Jun 18, 2018

Crowley Maritime Corporation recently received a Humanitarian Award from Seamen’s Church Institute (SCI) for its relief efforts in Puerto Rico following Hurricane Maria.The award, which was accepted on the behalf of the company’s Puerto Rico employees by Tom Crowley…

Hannibal Doubles Connections To Switzerland

Jun 18, 2018

Hannibal, Contship Italia Group's multimodal transport operator, has launched a second rail link to Switzerland on July 2, 2018. The new daily connection to Zurich (Niederglatt) complements the existing link to Basel (Frenkendorf), which is also served daily…

ExxonMobil Considers Importing LNG to Australia

Jun 18, 2018

ExxonMobil Corp, southeastern Australia's biggest gas supplier, is considering importing liquefied natural gas (LNG) to help plug a looming gas shortage from 2021 and protect its market share.The move would compete with plans by both Australia's no…

Australia's Port Kembla Reopens after Bulker Fire

Jun 18, 2018

A fire in the hold of a bulker ship on Monday briefly closed Australia's Port Kembla, the second-largest coal export port in New South Wales state, stopping shipping for eight hours.The port was shut soon after the blaze began before dawn on the MV Iron Chieftain as it unloaded dolomite…

Asian Shares, Oil Fall as US-China Trade Spat Escalates

Jun 18, 2018

Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.Fears of a global trade war added to pressure on oil prices…

China's Tariffs on US Oil Would Disrupt $1 Bln Monthly Business

Jun 18, 2018

China's threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month.In an escalating spat over the United States' trade deficit with most of its major trading partners…

Russia's Q3 Oil Exports via Baltic Ports Seen Falling

Jun 18, 2018

Russian exports and transit of Urals oil through Baltic Sea ports are seen at 19.15 million tonnes in the third quarter, down from 19.8 million tonnes in the second quarter, industry sources said.Exports of Russian Urals and Siberian light oil…

SSA Terminals Extends Marine Lease at Oakland

Jun 17, 2018

A major global marine terminal operator has OKd a new Port of Oakland lease that runs through 2027.  The agreement includes options that could keep SSA Terminals (Oakland) here to 2042.  The Port today characterized the deal as validation for the city’s maritime future…

Dorian LPG Rejects BW LPG Merger Offer

Jun 17, 2018

Dorian LPG announced that its Board of Directors has unanimously declined an unsolicited, conditional proposal from Norway's BW LPG, the world's largest liquid petroleum gas shipper, to combine with Dorian in a stock-for-stock transaction.  After a thorough review…

Navios Maritime Containers files for a $100 million IPO

Jun 17, 2018

Monaco-based container ship company Navios Maritime Containers has filed with the SEC to raise up to $100 million in an initial public offering.  The information of IPO was originally provided by the IPO investment manager Renaissance Capital…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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Companies withdraw their guidance in the wake of Trump's tariffs
China is now the top buyer of Canadian crude oil on Trans Mountain pipeline due to US trade war
Indian traders report that the discounts for Russia's Urals June are slightly wider at Indian ports.