Latest News - page 212

 

Cuba’s Mariel Container Terminal Ready for Neo-Panamax Vessels

Apr 04, 2023

Cuba’s Mariel Container Terminal (TCM) has a completed channel dredging project that will enable access for Neo-Panamax vessels.Buoys have been relocated to reflect the new channel dimensions, allowing the terminal to receive vessels of up to 1…

Finland’s New Inkoo Terminal Accepts First LNG

Apr 04, 2023

Finland’s new Inkoo floating storage regasification unit (FSRU) terminal on Sunday accepted its first cargo of liquefied natural gas (LNG).The cargo, which was ordered by Elenger, the largest privately owned energy company in the Finnish-Baltic region…

Hamilton-Oshawa Port Authority Looks to Atura Power for Green Hydrogen

Apr 04, 2023

Hamilton-Oshawa Port Authority (HOPA) announced it has entered a memorandum of understanding (MOU) with Atura Power to acquire green hydrogen as it seeks to support the growth of clean energy and reduce its carbon footprint.  Around the world…

Port Houston Sees Import Volumes Begin to Slow

Apr 04, 2023

Port Houston reported hints of softening demand amid an overall 'solid' month for its cargo volumes in February.  A total of 313,452 twenty-foot equivalent units (TEUs), or a 15% increase compared to the same month last year were handled during the month…

New EU-UK Trade Deal Has Promise for Northern Ireland and US as Well

Apr 04, 2023

A new trade agreement between the European Union and the United Kingdom, which left the EU in 2020, could have finally found a way to safeguard peace in Northern Ireland after Brexit reignited old tensions.The deal between the EU and the U.K…

Australia’s Hydrogen Industry Projected to Reach $27 Billion Annually

Apr 04, 2023

Australia's hydrogen industry has the potential to generate A$40 billion (US$27 billion) in annual turnover (domestic gross value added) and create 58,000-72,000 jobs per year by 2040, according to a new report by NERA and Arup.The report, Powering…

Wallenius Wilhelmsen Developing Non-Verbal Training Program

Apr 03, 2023

Wallenius Wilhelmsen is using new digital training tools that incorporate virtual reality (VR) and augmented reality. The next step is training that does not require written or verbal communication.The company’s Zeebrugge terminal has a diverse workforce including 34 different nationalities…

Rotterdam Container Terminal Set for €1 Billion Expansion

Apr 03, 2023

A.P. Moller - Maersk's container terminal operating arm APM Terminals announced the expansion of its Maasvlakte II terminal in Rotterdam, increasing the terminal's capacity by approx. 2 million TEU The project involves a site of approximately 47…

New Operator Sought for International Ag Shipping Terminal on Lake Michigan

Mar 30, 2023

Ports of Indiana has issued a Request for Qualifications (RFQ) to identify potential operators of the International Ag Shipping Terminal at Ports of Indiana-Burns Harbor. The 7-million-bushel terminal has transload capabilities for ocean ships…

Rosario Ports Operating Normally Despite Strike

Mar 30, 2023

Argentina's Rosario agro-port hub terminals were operating normally on Thursday in the midst of a strike by the Urgara grain receivers union aimed at storage centers, the country's Chamber of Port and Maritime Activities (CAPyM) said.'The ports are not affected…

Japan’s Dry Bulk Imports Fall 4%, says BIMCO

Mar 30, 2023

“Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s demand for steel remains weak and as a result, the country’s bulk imports are estimated to have fallen by 4% y/y in the first quarter of 2023…

Headwinds Hamper the Poseidon Principles

Mar 30, 2023

The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment…

BV Debuts Cyber Health Check Report Tool

Mar 29, 2023

Bureau Veritas (BV) launched its new Cyber Health Analysis Report Tool (CHART), designed to help shipowners gain a better understanding of their ships’ digital architecture (OT/IT), specific vulnerabilities and level of preparedness to potential cyber threats…

Survitec Snags Cruise Contract for Nitrogen IG System

Mar 28, 2023

Maritime Protection, a brand of Survitec, won an order for a set of nitrogen systems for installation on an LNG-powered cruise ship. The scope of supply is for two nitrogen generators, feed-air compressors, valves, and control cabinets. Scheduled for delivery in 2025…

O'Connor Named COO at Interlake

Mar 28, 2023

Brendan P. O’Connor was recently named Chief Operating Officer (COO) of Interlake, a newly created role for the growing family-owned and operated fleet. Previously, O’Connor, a 27-year veteran of the company, held leadership roles as Vice President of Marketing and Marine Traffic…

Logistics News

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

Bunker Sales Surge in Singapore

Bunker Sales Surge in Singapore

Nigerian Seaborne Import of Clean Petroleum Products Falls 39%

Nigerian Seaborne Import of Clean Petroleum Products Falls 39%

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The US container imports could have peaked at the end of July, according to the chief of the busiest seaport
Corporate earnings are mixed as most Gulf shares increase on Fed rate reduction hopes
Mixed earnings caps gains; most Gulf shares increase on Fed rate reduction hopes