Brazilian railway operator Rumo agreed to sell its 50% stake in a terminal at the Santos port to a consortium formed by Bunge's local unit and Zen-Noh Grain Corp for 600 million reais ($115.3 million), it said on Wednesday.In a securities filing…
This week, Konecranes officially handed over eight hybrid Konecranes Noell Straddle Carriers to Copenhagen Malmö Port (CMP). These straddle carriers were ordered in Q2 2023 and are intended for the new container terminal in Copenhagen. The parts…
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks, according to data from ship tracker Kpler…
SeaPort Manatee will bring extra capacity to container and general cargo handling at their operations in Tampa Bay, Fla. with two Konecranes Gottwald ESP.7 Mobile Harbor Cranes. After they ordered the first crane in Q1 2024, the port quickly…
A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, sending them on longer journeys that drive up their carbon dioxide emissions.For companies struggling to account for – and lower –…
Capacity reduction on the Panama Canal have hurt dry bulk market, with dry bulk carrier transits down significantly (down 74% in the Q1 '24 vs. '23, with sailing distances up 31% and cargo volume down 25% year on year, according to BIMCO shipping analyst Filipe Gouveia…
X-Press Feeders, Global Energy Trading Pte Ltd (GET), and PSA Singapore (PSA) have successfully completed the first simultaneous methanol bunkering and cargo operation (SIMOPS) in Singapore on May 27, 2024.The SIMOPS was conducted at the new…
Cyprus has scrapped a 1.2 billion euro ($1.30 billion) concession agreement for the development of Larnaca port, in a legal wrangle that the state and the contractor traded blame for on Monday.Operator Kition Ocean Holdings held a long-term…
Singapore is one step closer to developing its full capability to deliver methanol bunkering at a commercial scale. Close to 1,340 metric tonnes (MT) of blended methanol was bunkered ship-to-ship on May 24, and there will be another operation…
Green Marine International is the newly formed corporation and governance structure overseeing the Green Marine and Green Marine Europe environmental certification programs, the maritime industry’s voluntary initiatives to advance environmental excellence beyond regulations globally…
Van Oord said it has finished the dredging of the outer channel to the Port of Suape in the Northeast of Brazil. The dredging of the channel up to 20 meters enables the port to handle larger, more efficient, container and (liquid) bulk vessels…
The U.S. Senate Environment & Public Works (EPW) Committee marked up and passed its Water Resources Development Act (WRDA) of 2024, in a move seen as a major win for inland waterways infrastructure.Several outcomes in Section 109 of the Senate…
Technologies are mature and ready to support maritime work towards 2050 net-zero goals but regulations around systems development require further work.The complex decarbonized systems of the future will require autonomous management systems for viable exploitation…
The Port of Seattle has commenced the renovation of the historic Ship Supply Building at Fishermen’s Terminal, aiming to transform it into a modern Maritime Innovation Center (MInC). This new facility will support the maritime industry by bringing together students…
Russian border guards have removed navigation buoys from the Estonian side of a river separating the two countries, the Baltic nation said on Thursday, adding that it would seek an explanation as well as a return of the equipment.Some 24 out…