Latest News - page 251

 

Tech Trio to Develop LOHC-SOFC Power System for Maritime

Mar 07, 2023

A trio of companies -- Alma Clean Power, Hydrogenious LOHC Technologies and Hydrogenious LOHC Maritime -- announced a joint development agreement to engineer a fully integrated LOHC-SOFC (Liquid Organic Hydrogen Carrier-Solid Oxide Fuel Cell) power system for the Enova supported project HyNjord…

Ports of Indiana Invests to Expand Following 6% Cargo Growth in 2022

Mar 06, 2023

Ports of Indiana announced more than $20 million in expansion and maintenance projects have been approved following several years of cargo growth.Ports of Indiana, which includes Jeffersonville, Burns Harbor and Mount Vernon, handled 11.9 million tons of cargo in 2022…

DP World Invests $35 Million in Port of Santos

Mar 03, 2023

DP World announced it will invest $35 million in 2023 to expand and modernize its facilities on the left bank of Brazil’s Port of Santos.With the investment, the company plans to increase annual movement capacity from 1.2 million TEUs to 1.4 million TEUs and expand the size of the quay from 1…

Los Angeles, Gothenburg Ports Partner

Mar 03, 2023

The Port of Los Angeles and Port of Gothenburg are teaming up to jointly tackle initiatives aimed at improving infrastructure, efficiency and environmental performance. Officials from both ports met in Los Angeles this week to sign memorandum…

Prince Rupert Port's Ridley Island Project Passes Federal Environmental Review

Mar 02, 2023

The Prince Rupert Port Authority (PRPA) announced that the Ridley Island Export Logistics Project (RIELP) has received its final determination of the federal environmental effects evaluation review.The project is part of the Port of Prince Rupert’s…

LOGISTEC Acquires Fednav’s Terminal Division

Mar 02, 2023

LOGISTEC Stevedoring Inc., a subsidiary of North American marine and environmental services provider LOGISTEC Corporation, announced it has entered into a definitive agreement to acquire the Canadian and U.S. marine terminal business of Fednav…

US Funds Port Digitalization in Honduras

Mar 01, 2023

The United States is providing funds to help Honduras digitalize its two largest ports, Puerto Cortés and Puerto San Lorenzo.The U.S. Trade and Development Agency (USTDA) said it has awarded a technical assistance grant to the Honduran Maritime Chamber of Commerce for the project…

WTO Expects Global Trade Slowdown to Be Short-lived

Mar 01, 2023

Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container…

Enbridge to Buy US Gulf Coast Gas Storage Facility

Mar 01, 2023

Canadian pipeline operator Enbridge Inc said on Wednesday it would buy a gas storage facility in the U.S. Gulf Coast region from Brookfield Infrastructure Partners and Crestwood Equity Partners for $335 million.The Tres Palacios gas storage…

Deoca, PetroTrade Plan $6.3 Billion Rail Link Between Vientiane and Vietnam Port

Mar 01, 2023

Vietnam's Deoca Group said on Wednesday it had set up a joint venture with Laos' Petroleum Trading Lao (PetroTrade) to study the possibility of jointly building a railway connecting the two countries, with a possible price tag of 149.55 trillion dong ($6…

Lukoil Sets up Ship-to-ship Russian Oil Loadings Near Kaliningrad

Mar 01, 2023

Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…

Svitzer Expands Into Brazil's Port of Salvador

Mar 01, 2023

A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two 'modern and high-powered' tugs…

Ukraine Traders Seek Transparent Rules for Cargo Queue Under Grain Export Deal

Mar 01, 2023

Ukrainian grain traders union UGA asked the government on Wednesday to provide transparent rules on how cargo ships should queue before loading at Ukrainian Black Sea ports under a grain export deal brokered by the United Nations and Turkey…

MARAD Announces $12.4 Million for US Marine Highway Program

Mar 01, 2023

The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed…

Port of Corpus Christi to Lead Merged Hydrogen Hub Projects

Mar 01, 2023

The U.S. Department of Energy (DOE) Office of Clean Energy Demonstration has encouraged both the Port of Corpus Christi Horizons Clean Hydrogen Hub (HCH2) and Trans Permian (Trans Permian) H2Hub to submit full applications through the DOE Regional Clean Hydrogen Hubs Program…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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