Latest News - page 134

 

Public-private Partnership to Expand Operations at JAXPORT’s Talleyrand Marine Terminal

Jan 22, 2024

JAXPORT on Monday announced its Board of Directors unanimously approved a long term, 30-year agreement with U.S. marine terminal and logistics company Enstructure for the lease and development of 79-acres of waterfront property at the port’s Talleyrand Marine Terminal…

Australia Recalls Livestock Carrier Destined for Middle East

Jan 21, 2024

The Australian Government has recalled the livestock carrier Bahijah after it diverted from the Red Sea over a week into its voyage to the Middle East.The Bahijah loaded cattle and sheep in Fremantle, Western Australia, and departed for the Middle East on January 5…

Drone Attack: Russia Suspends Operations at Ust-Luga

Jan 21, 2024

Russian energy company Novatek said on Sunday it had been forced to suspend some operations at a huge Baltic Sea fuel export terminal due to a fire started by what Ukrainian media said was a drone attack.The giant Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St…

South Carolina Ports Reports Intermodal Cargo Growth

Jan 18, 2024

South Carolina Ports reports its Inland Ports Greer and Dillon both handled a record number of containers in 2023.Inland Port Greer moved 175,873 containers on and off trains in the Upstate last year, a 26% increase from the previous year. Inland Port Dillon moved 43…

Mullen to Acquire ContainerWorld

Jan 18, 2024

Mullen Group announced it has entered into a letter of intent (LOI) to acquire Richmond, British Columbia based ContainerWorld Forwarding Services and its operating subsidiaries. The LOI contemplates standard due diligence and the execution of a purchase and sale agreement…

Dole Expands Shipments to Port Wilmington

Jan 18, 2024

Enstructure, a U.S. marine terminal and logistics company, and Dole Food Company recently announced the expansion of Dole’s shipping services to Port Wilmington in Delaware. The addition of a second weekly service will increase the capacity of tropical fresh fruits…

Hamburg Port Prepared for Red Sea Shipping Delays

Jan 18, 2024

The container terminals of Hamburg port operator HHLA and Eurogate are prepared for shipping delays as ships are being rerouted due to the attacks in the Red Sea, a spokesperson for Port of Hamburg Marketing (HHM) told Reuters on Thursday.So far there have been no disruptions as a result…

EU Report Recognizes Need for Port Investment Stability

Jan 17, 2024

The European Parliament has officially adopted the Berendsen report, an own-initiative report on “building a comprehensive European Port Strategy” (585 in favor, 21 against, 26 abstentions).The European Sea Ports Organisation (ESPO) welcomed…

Van Oord Contracted to Build FSRU Jetty in Germany

Jan 17, 2024

Van Oord has been contracted by FSRU Wilhelmshaven, a joint venture between ENGIE and Tree Energy Solution (TES) to construct a Floating Storage and Regasification Unit (FSRU) jetty at Wilhelmshaven in Germany.Responsibility for the operation…

Panama Canal Toll Revenue Shrinking Due to Drought

Jan 17, 2024

The Panama Canal's toll revenues have dipped by about $100 million per month since last October, the canal's administrator said on Wednesday, adding that if the trend continues reduced income from tolls could total some $700 million by around April…

Houthi Rockets Wreak Havoc on Middle East Container Shipping

Jan 17, 2024

As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter…

“This is not a decision against THE Alliance,” says Hapag-Lloyd Chief

Jan 17, 2024

Hapag-Lloyd and Maersk signed an agreement for a new long-term operational collaboration called Gemini Cooperation, aiming to start in February 2025.Simultaneous with the announcement, Hapag-Lloyd informed its partners in THE Alliance that it would end its participation in January 2025…

Product Tanker Scrapping Drops 82%

Jan 17, 2024

“In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled in 2022. It was also the lowest level of recycling seen since records began in 1996…

Maersk and Hapag-Lloyd Set Up Operational Cooperation

Jan 17, 2024

Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability…

ONE Orders 12 Methanol Dual-Fuel Containerships

Jan 17, 2024

Japanese shipping company Ocean Network Express (ONE) has signed shipbuilding contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for the construction of 12 13,000 TEU methanol dual-fuel containerships.Each shipyard will build six vessels and are all scheduled to be delivered from 2027…

Logistics News

ESL Enters U.S. Market with Direct Vessel Service from SE Asia to Seattle

ESL Enters U.S. Market with Direct Vessel Service from SE Asia to Seattle

All in the Family: The SunStone Maritime Group CEO Torch Passes to Carsten Lund

All in the Family: The SunStone Maritime Group CEO Torch Passes to Carsten Lund

Verizon Wins 5G Contract for UK's Thames Freeport

Verizon Wins 5G Contract for UK's Thames Freeport

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

Crowley Expands International Shipping By Connecting U.S. Northeast and Central America

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