New Zealand said it would invest a further NZ$10 million ($6.15 million) to help fund wharf construction in Vanuatu, where a Beijing-funded wharf had raised concerns about China seeking to establish a military base in the Pacific island nation…
After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to Oslo-based Xeneta. An in-depth analysis of the latest real-time ocean and air freight rates…
Techcross’ ballast water management systems have received Lloyd's Register's Cyber Security Capability certification.The company said that the two models that received the certificate are ECS, direct electrolysis and HYCHLOR, indirect electrolysis…
Trelleborg Marine and Infrastructure will deliver marine fender systems, docking and mooring equipment, and Ship-Shore Links for PetroVietnam Gas' Thi Vai LNG Terminal in Vietnam.As part of the agreement, Trelleborg will provide four sets of its Super Cone Fenders (SCN)…
The Port of Houston has seen significant cargo volume growth in 2022.In October, container volumes at Port Houston once again grew by double digits, continuing the trend seen throughout 2022. A total of 371,994 TEUs were handled during the month…
Classification society Korean Register (KR) and Ulsan Port Authority (UPA) have signed an MOU to support methanol-fueled ships and establish the South Korean port as a low-carbon, eco-friendly energy hub.The agreement was made in response to…
Gender equality has made enormous strides over the past century. In Canada today, women participate in the labour market at much higher rates than they used to — there are almost 3.5 times more women working now than there were in the 1950s…
Yemen's Houthis attacked al-Dhabba oil terminal in Hadhramaut province on Monday, the group and Yemen's internationally recognized government said.The Iran-aligned Houthis fired a projectile from a drone that landed at the entrance of the terminal…
Egyptian authorities seized more than 18 million narcotic tabs hidden in three containers in the Mediterranean seaport of Alexandria, the interior ministry said on Monday.The 34-tonne cargo was on board a ship that docked at the northern port in transit before departing to an unspecified country…
Large vessels are required to have extra tug assistance due to tunnel construction work in the Scheur, the Port of Rotterdam Authority said.From November 12, seagoing vessels exceeding 140 meters long have requires a tugboat on the Scheur between…
Trade is a major cause of global warming. Think of all those goods travelling from far away on polluting ships – and raw materials and components whizzing across the world in complex supply chains.But the right trade policies can also do a lot to save the planet…
China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the main items, though it shipped less COVID-related items except for rubber gloves, Chinese customs data showed on Sunday…
International geopolitical and economic uncertainty is weighing on container traffic at the Port of Valencia, which reported a 7.7% drop (4,336,957 TEU) for the first 10 months of 2022.According to data from the Statistical Bulletin of the Port Authority of Valencia (PAV)…
South Carolina Ports Authority held a ceremony celebrating the completed rail expansion at Inland Port Greer, a logistics hub in Upstate South Carolina.The rail-served inland port facility opened in 2013, extending the Port of Charleston’s reach 212 miles inland with Norfolk Southern’s daily…
Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1…
