Latest News - page 112

 

MRS '24 - Panel 5: Identifying Risk, Measuring Success in the "Gray Zone"

Apr 17, 2024

The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security.…

ILL EFFECTS: COVID Wiped 24.6m TEU off Container Market Growth

Apr 17, 2024

“Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023,” says Niels Rasmussen…

Consortium Forms North Pacific Green Corridor

Apr 16, 2024

Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia…

Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement

Apr 16, 2024

For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security…

New Agreement Targets Nordic Hydrogen Projects

Apr 15, 2024

Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.The…

IMO's Facilitation Committee Revised MASS Roadmap

Apr 15, 2024

The IMO's Facilitation Committee held its 48th session (FAL 48) from April 8 to 12, in person at IMO Headquarters in London.The Facilitation Committee (FAL) meets annually to deal with matters related to the facilitation of international maritime traffic…

Decarbonization is a Major Challenge for US Ports -Report

Apr 15, 2024

A large number of ports across the United States are making headway toward ambitious decarbonization targets, but many are running up against significant challenges that threaten their progress, according to a new report from classification…

Russia's Seaborne Oil Product Exports Fell in March

Apr 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.Russia's…

UKHO Appoints Blake Interim Chief Executive

Apr 15, 2024

The UK Hydrographic Office (UKHO) appointed Vanessa Blake to the position of interim Chief Executive and Accounting Officer.Blake is the current Chief Customer Officer at the UKHO and will take up the role of Chief Executive on an interim basis…

Denmark Bans Discharge of Scrubber Water

Apr 14, 2024

The discharge of scrubber water from ships out to 22km (12 nautical miles) from the Danish coasts will be prohibited by law. The ban will come into effect on July 1, 2025, for ships with scrubbers in open operation, where the wash water is discharged into the sea…

Updated Version of Guidelines for Cleaning Containers Released

Apr 14, 2024

Every year, 250 million containers are transported across the world with food, clothes, electronics and other goods. While crucial for the smooth functioning of the global supply chain, containers and their cargoes can also harbour and transfer contaminating pests…

Singapore Alliance Building Electric Tug and Supply Boat

Apr 14, 2024

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has announced the start of construction of its first fully electric PXO-series tug (e-tug) and supply boat (e-supply boat) by PaxOcean Group…

JSI Alliance Completes Scope of Work in Basrah Refinery Upgrading Project

Apr 11, 2024

On 11 March, MV Svenja discharged her cargo of nine modules, marking the completion of the JSI Alliance’s scope of work in the Basrah Refinery Upgrading Project in Iraq for JGC Corporation.The Alliance dedicated two vessels to the project: the Jumbo Kinetic with her two 1…

Singapore Marine Biofuel Premiums Drop Further on Soft Demand

Apr 11, 2024

Spot marine biofuel premiums have weakened further at the world's largest bunker hub Singapore, weighed by slow demand, market sources said this week.Premiums for the flagship B24 marine biofuel blend recently traded between $120 to $130 a metric ton over 0…

New Study Offers Safety Recommendations for Green Shipping Corridors

Apr 11, 2024

A new report offers safety recommendations for ship owners and port authorities seeking to establish green shipping corridors.As the shipping industry continues to make progress toward its decarbonization goals, a number of green shipping corridors…

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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Sources say that Kazakhstan's TCO has shipped the first oil from Kazakhstan to Germany via Druzhba.
Ukraine's drone strike restricts traffic on Don River Bridge in Russia's Volgograd
Heathrow Airport in the UK increases revenue forecast by nearly $5 billion due to a rebound in travel demand