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Latest News - page 168

 

Interview: Caroline Yang, CEO, Hong Lam Marine & President, SSA

May 14, 2024

Caroline Yang, by anyone’s standard, is a busy woman. She is the CEO of Hong Lam Marine, a Singapore ship owner, which owns, operates and manages its own fleet of 33 vessels. She also is the president of the Singapore Shipping Association [SSA]…

India Inks 10-year Deal to Operate Iran's Chabahar Port

May 13, 2024

India signed a 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, the Narendra Modi-led government said, strengthening relations with a strategic Middle Eastern nation.India has been developing the port…

ICTSI Invests in New Southern Luzon Gateway

May 12, 2024

International Container Terminal Services Inc. (ICTSI) is building a new international container terminal in Bauan, Batangas, Philippines. The new terminal will be the largest privately funded marine terminal investment in the country’s history…

Worker Dies in Accident at Peru's Chancay Megaport Project

May 12, 2024

Hong Kong-based Cosco Shipping Ports said on Saturday that a worker died in an early-morning accident at a megaport it is building on Peru's Pacific coast.The worker was doing sanding and painting work at the deepwater Chancay Port Terminal when the accident occurred…

Niger PM Says Benin's Oil Export Blockade Violates Accords

May 12, 2024

Niger's Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin's blockade of Niger's oil exports, imposed in response to a border closure, violated trade agreements between the two countries and with Niger's Chinese partners.Speaking at a press conference in the capital Niamey…

Australia Sets Date for End of Live Sheep Exports

May 12, 2024

Australia’s Minister for Agriculture has announced that the nation’s live sheep export trade is to end on May 1, 2028.The end date will be legislated in the Labor government’s current term, after the Department of Agriculture (DAFF) developed…

Building the Next-Gen Maritime Prepositioning Ship & Auxiliary Crane Ship

May 10, 2024

The Military Sealift Command’s Maritime Prepositioning Ships (MPS) and Auxiliary Crane Ships (ACS) were built 50 years ago to pre-position vehicles and supplies in forward locations and load or unload them in undeveloped or damaged port facilities…

LS Marine Awarded $31.7 Million Contract to Dredge the Upper Miss

May 09, 2024

Grove Heights, Minn. dredging and marine construction contractor LS Marine has been awarded a $31.7 million contract to support channel maintenance dredging in the Upper Mississippi River.The contract, awarded by the U.S. Army Corps of Engineers' St…

Classification and Building the New Fuels Pathway

May 09, 2024

Long-term initiatives led by classification societies are building the foundation for future fuels uptake.About this time last year, ABS CEO Chris Wiernicki said: “When you look at where we are and the steepness of the curve ahead, the biggest risk is the unintended safety consequences of change…

Tip #59 – AI to Maritime Trainers: "Watch Your Back …"

May 09, 2024

Last week’s headline in the Financial Times was startling to me: “Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups“. Oh boy. Andreessen Horowitz is one of Silicon Valley’s most prominent venture capital firms with an eye for…

Energy Transfer Eyes Draft EIS for Blue Marlin Project Soon

May 08, 2024

Pipeline operator Energy Transfer expects to receive a draft Environmental Impact Statement (EIS) for its Blue Marlin offshore terminal this quarter, executives said on Wednesday during a quarterly earnings call.Energy Transfer is among several…

Conflict Heating Up Over Cosco's Megaport in Peru

May 08, 2024

The Chinese state-owned company at the center of a dispute over operations of a megaport it is building on Peru's Pacific coast insisted on Tuesday on terms agreed with the government, as some local officials have sought to backtrack on the deal…

McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M

May 08, 2024

CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank…

Container Ship Deliveries Hit YTD Record

May 08, 2024

“In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been delivered during the first four months of the year…

Insurance Coverage and the Key Bridge Collape

May 07, 2024

In the early morning hours of March 26, 2024, Dali - a cargo ship registered in Singapore — lost power and crashed into a pillar of the Francis Scott Key Bridge in Baltimore, Maryland.  The crash caused the immediate collapse of the bridge and…

Logistics News

'Quality' Coal Rallies as LNG Spikes

'Quality' Coal Rallies as LNG Spikes

Trump Threatens to Escalate Iran War, But Says It Could End Soon

Trump Threatens to Escalate Iran War, But Says It Could End Soon

Trump Weighs Easing Russia Sanctions

Trump Weighs Easing Russia Sanctions

Greek Vessel Laden with Saudi Oil Sails through Hormuz

Greek Vessel Laden with Saudi Oil Sails through Hormuz

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Archer, a maker of air-taxis, accuses Joby of having illegal China connections
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Operator: No signs of sabotage during the Finland-Sweden outage