Latest News - page 109

 

Tanker Enroute from Russia to India hit by Missile off of Yemen - Report

Apr 26, 2024

Three missiles were sighted approximately 15 nautical miles southwest of Yemen's Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged.'The Master has reported two attacks…

Drought Knocks Grain Port from No. 2 Spot

Apr 26, 2024

Argentina's massive Rosario farming port lost its spot as the world's No. 2 grains export hub in 2023, a report from a local exchange showed on Friday, underscoring the impact of a historic drought that hammered corn, wheat and soy last year…

'24 Olympic Flame to Ride 3-Masted "Belem" to French port of Marseille

Apr 26, 2024

Paris 2024 Olympics organizers on Friday, April 26, received the Games' flame in a handover ceremony in Athens ahead of a 68-day torch relay that will end with the opening ceremony on July 26.The flame arrived at the central Athens' Panathenaic stadium…

Situational Awareness System Battles Cognitive Fatigue in Watchkeepers

Apr 26, 2024

Today’s evolving maritime security risks pose all-too-familiar threats to international shipping, and as just one of the many causes of fatigue, they add to the cognitive burden already faced by watchkeepers. But Groke Technologies can boost safety onboard…

Skanska Set for South Brooklyn Marine Terminal Buildout

Apr 26, 2024

Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project…

Dry Bulk Supply/Demand Balance Predicted to Strengthen

Apr 25, 2024

BIMCO has released its Dry Bulk Shipping Market Overview & Outlook for April 2024, predicting that the supply/demand balance should strengthen in 2024, but weaken in 2025.This would be the result of ships returning to the Red Sea and Panama Canal…

US Military Starts Pier Construction off Gaza

Apr 25, 2024

U.S. troops have begun construction of a maritime pier off the coast of Gaza that aims to speed the flow of humanitarian aid into the enclave when it becomes operational in May, the Pentagon said on Thursday.President Joe Biden announced the…

First Ship Departs Baltimore Through Limited Access Channel

Apr 25, 2024

The first commercial vessel transited through a newly opened channel in the Port of Baltimore following the deadly collapse of the Francis Scott Key Bridge.The Fort McHenry Limited Access Channel (LAC) was opened as a temporary solution to provide…

Russia Reinsurer Backs Firms to get India Marine Insurance Permit

Apr 25, 2024

Russia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to facilitate trade with India amid Western sanctions…

King to Open MARIN's Seven Oceans Simulator Center

Apr 25, 2024

His Majesty King Willem-Alexander of The Netherlands will open the Seven Oceans Simulator center (SOSc) of MARIN, the Maritime Research Institute of the Netherlands, on Tuesday, May 28, 2024.The opening program takes place in the Shallow Water Basin…

Seeing the Ship as a System Changes Everything

Apr 25, 2024

Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, Head of Regulatory & Public Affairs…

Rear Adm. Philip Sobeck: MSC Needs More Mariners, New Ships

Apr 25, 2024

Founded as the Military Sea Transportation Service (MSTS) and renamed Military Sealift Command in 1970, MSC today not only support the Navy, but we are the Department of Defense's provider of all sealift. Maritime Reporter & Engineering News recently interviewed Rear Adm…

America's Ports to Reduce Air Pollution with $150 Million Grant

Apr 24, 2024

The American Association of Port Authorities (AAPA), joined by several port leaders at a White House event, have celebrated almost $150 million in grants from the Federal Highway Administration's (FHWA) Reduction of Truck Emissions at Port Facilities (RTEPF) Grant Program…

Energy Transition: LNG Prices Plummet, Dual-fuel LNG Newbuilds Rise

Apr 24, 2024

Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet. Prices of LNG delivered as marine fuel at the world's largest bunker hub Singapore are at steep…

Simulators Track our Changing Relationship with Technology

Apr 24, 2024

Simulation-based training has its whole-of-ship/whole-of-team scenarios, but zooming in, the industry is now working on more specific targets.We have a close relationship with technology, evidenced by, for example, the phones we are estimated to unlock around 50-80 times a day…

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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