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Brazil’s Import of Russian Clean Petroleum Products Jumps 135%

Apr 30, 2024

Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found new buyers. “India and China have taken most of the crude oil and dirty products while Turkey and Brazil have emerged as the main buyers of CPP…

Europe’s Ports Need $85 Billion over the Next Ten Years

Apr 30, 2024

The European Sea Ports Organisation (ESPO) has released the ESPO Port Investment Study 2024 which states that the investment needs of European port managing bodies amount to €80 billion ($85 billion) over the next 10 years.The study, prepared by Dr…

Green Light for $3 Billion Oil Port off Texas Expected By Year-end

Apr 30, 2024

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…

Bio-Sea Ballast Water Treatment for Siem Car Carrier Trio

Apr 30, 2024

BIO-UV Group has received an order from SIEM Ship Management to supply its BIO-SEA Ballast Water Treatment Systems for a trio of SIEM-managed car carriers. The order, for retrofit installation to the Siem Copernicus, Siem Curie and Siem Socrates…

Acteon’s LDD Getsy Busy at Scottish Port's Infrastructure Upgrade

Apr 30, 2024

LDD, an Acteon company, has been awarded a contract by George Leslie to perform piling works on the Kennacraig Port's ferry terminal in Scotland.LDD, a marine foundations brand within Acteon, is supplying reverse circulation drilling (RCD) services…

Concerns Voiced over Potential Restart of New Zealand’s Live Export Industry

Apr 29, 2024

The New Zealand government may restart the live export trade which has been banned since May 1, 2023.The ban was imposed in response to veterinarians, animal welfare advocates and the New Zealand public decrying conditions and outcomes for the animals…

CMPC Weighs $4 Billion Pulp Plant in Brazil

Apr 29, 2024

CMPC has signed a deal with Brazil's southernmost state of Rio Grande do Sul to evaluate building a new, $4 billion pulp plant there, the Chilean pulpmaker said on Monday.The new project, which would be in the city of Barra do Ribeiro, would initially have the capacity to produce up to 2…

Peru Seeks to Avoid Arbitration Over Chinese-built Mega Port

Apr 29, 2024

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday…

US Military's Pier in Gaza to Cost $320 Million

Apr 29, 2024

The U.S. military's cost estimate to build a pier off Gaza to deliver humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters.The figure, which has not been previously reported,…

USACE to Dredge Cleveland Harbor

Apr 29, 2024

Dredging of the Cleveland Harbor federal navigation channel by the U.S. Army Corps of Engineers, Buffalo District and its contractor, Michigan-based Ryba Marine Construction Co., will begin in May.  Dredging of harbors like Cleveland’s ensures accessible depths for large vessels…

Crowley Names Shook SVP & GM of Land Transportation Services

Apr 29, 2024

Crowley has named Phil Shook as senior vice president and general manager of Land Transportation Services to lead the company’s newly created business unit.The formal creation of the business unit reflects Crowley’s growth strategy and opportunity in the sectors…

FBI Says Chinese Hackers Preparing to Attack US Infrastructure

Apr 29, 2024

Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting 'for just the right moment to deal a devastating blow,' FBI Director Christopher Wray said earlier this month.An ongoing Chinese hacking campaign…

Unified Command Reflects on Key Bridge Disaster Response Efforts

Apr 28, 2024

Approximately one month has passed since the Singaporean-flagged container vessel M/V Dali allided with the Francis Scott Key Bridge on March 26. The bridge, which connects Hawkins Point and Dundalk, Maryland, collapsed into the lower Patapsco River…

Nigeria Secures $600 Million Maersk Port Infrastructure Investment

Apr 28, 2024

Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday.The investment was secured during a meeting between President Bola Tinubu and Moller…

Kruger Named President of Austal USA

Apr 26, 2024

The Austal USA Board of Directors has elected Michelle Kruger as Austal USA President. She has been serving as interim president since August 2023.Kruger joined Austal USA in 2022 as the vice president of global services and support. In that…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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China bans power banks that are not certified and have been recalled from planes
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