Latest News - page 114

 

CCG’s Science Vessel CCGS Naalak Nappaaluk Launched

Aug 19, 2024

Seaspan Shipyards (Seaspan) launched the Canadian Coast Guard’s flagship science vessel, CCGS Naalak Nappaaluk.The fourth ship designed, built and launched by Seaspan under the National Shipbuilding Strategy, the Offshore Oceanographic Science…

Houma Navigation Canal Lock Project Moves Forward

Aug 19, 2024

Governor Jeff Landry, alongside representatives from the Louisiana Coastal Protection and Restoration Authority (CPRA), the United States Army Corps of Engineers (USACE), and various federal, state and local officials, marked a milestone with…

Donjon Marine Tapped for Maintenance Dredging in Newark, NJ

Aug 19, 2024

Hillside, N.J.-based dredging and marine services contractor Donjon Marine has been awarded a contract to perform maintenance dredging in Newark, N.J.The $32,334,174 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers New York District…

Crowley Breaks Ground on Salem Offshore Wind Terminal

Aug 19, 2024

A ceremonial groundbreaking ceremony was held to signal the start of construction at the Salem Offshore Wind Terminal in Massachusetts.The Crowley Wind Services-led project involves transforming a former oil- and coal-fired power plant into Massachusetts’ second wind port…

Bumper Crop of Soybeans Coming from Ukraine

Aug 19, 2024

Ukraine is likely to harvest a record 5.7 million metric tons of soybeans in 2024 thanks to a larger than expected sowing area, the ASAP Agro agriculture consultancy said on Monday. Ukraine harvested about 5 million tons of soybeans in 2023…

Stronger Steel Prices Boost Dalian Iron Ore

Aug 19, 2024

Dalian iron ore futures prices retraced earlier losses on Monday, as firmer steel prices and revived hopes of stimulus in top consumer China added support to the volatile market.The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0…

Poland's Orlen in Deal for BP Oil

Aug 19, 2024

Polish refiner Orlen will receive 6 metric tons of oil from British energy group BP, under a year-long agreement, it said on Monday. The deliveries of North Sea oil are expected to cover about 15% of Orlen's requirements and both companies are open to future cooperation on joint projects…

India Port Workers Call for Strike

Aug 19, 2024

A group of Indian port workers' unions has called for a strike from Aug. 28 to demand immediate settlement of pay revisions and pension benefits, according to a note signed by its members.A strike by India's port workers could exacerbate the existing congestion issues at Asian and European ports…

Argentina’s TecPlata is Carbon Neutral

Aug 19, 2024

ICTSI’s Argentinian subsidiary TecPlata has become the first port in the country to obtain carbon neutral certification.The company acquired carbon credits certified by Verra’s Verified Carbon Standard (VCS). These credits are linked to the…

Heat Drives Asian LNG Spot Price Spike

Aug 16, 2024

Asian spot liquefied natural gas (LNG) prices rose to their highest in over eight months, with warmer temperatures across the region boosting power demand for cooling purposes.The average LNG price for October delivery into north-east Asia LNG-AS was at $14…

Impact of the Houthi Red Sea Attacks on Shippers

Aug 16, 2024

Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports…

NYK inspires "Next Generation" onboard PCTC

Aug 16, 2024

NYK recently welcomed 33 elementary-school-aged students to Harmony Leader, an NYK-operated pure car & truck carrier (PCTC), as part of the city of Kawasaki's Marine Month.The students boarded Harmony Leader and toured the cargo holds, living quarters…

Bangladesh FSRU Expected to Resume Ops in September

Aug 16, 2024

Bangladesh's Summit LNG expects to complete repositioning and reconnecting work on its floating storage and regasification unit (FSRU) by August-end, it said, assuming favourable weather and sea conditions.Ship-to-ship transfer operations at its FSRU…

Red Sea Crisis Impacts Oman's Salalah Port

Aug 16, 2024

Oman's Salalah port reported a 16% decline in container volumes in the first half of the year as ships reroute around the southern tip of Africa to avoid missile and drone attacks in the Red Sea.The port, which is Oman's closest to the border with Yemen…

US Maize Exports Rebound

Aug 15, 2024

In 2024, grain exports from the US are expected to rise 12% from 2023, driven by a rebound in maize shipments. During the first seven months of 2024, shipments have risen 6% y/y and are expected to further ramp up after the upcoming maize and soya bean harvests in September…

Logistics News

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

Wilson Sons Earns 2025 Diamond Sustainability Seal from Brazilian Ministry of Ports and Airports

International Propeller Club Elects New Officers to Lead Global Maritime Network

International Propeller Club Elects New Officers to Lead Global Maritime Network

Acquisition Consolidates Europe Shortsea Vessel Sector

Acquisition Consolidates Europe Shortsea Vessel Sector

Damen Delivers Dredging Component Packages for TSHD Constructions

Damen Delivers Dredging Component Packages for TSHD Constructions

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Poste Italiane does not see any major impact of EU plan to charge low-value parcels
Sources say that the Orsk refinery in Russia was closed by a technical problem before the drone attack on Ukraine.
Hapag-Lloyd's half-year profit falls by 50% due to the continued volatility in the shipping market