Water levels on Germany's Rhine river are so low that some vessels cannot sail even when empty, a shipping cooperative said on Friday, although long-awaited rain has begun to ease bottlenecks on one of the country's main commercial routes.Weeks…
Decarbonization is the greatest challenge facing the shipping industry today.The effort to reduce emissions and environmental impact extends to all sectors and players and will leave no one in the industry unaffected.The IMO’s effort to decarbonise shipping is a numbers game…
South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast ratesThe latest ocean freight rate data from Xeneta reveals that spot rates are currently $3,700 more expensive for shipping 40-ft. containers from the Far East to the South American East Coast…
A consortium of Singapore and Japanese companies have signed an initial agreement to build a power plant fuelled only by ammonia in the city state.Singapore's Jurong Port, Mitsubishi Heavy Industries Asia Pacific (MHI-AP) and JERA plan to build…
Europe's worst drought in years has pushed the mighty river Danube to one of its lowest levels in almost a century, exposing the hulks of dozens of explosives-laden German warships sunk during World War Two near Serbia's river port town of Prahovo…
U.N. Secretary-General Antonio Guterres urged Russia and Ukraine on Thursday to show a 'spirit of compromise' to ensure the continued success of a U.N. brokered deal that enabled Ukraine to resume grain exports from its Black Sea ports.Guterres…
Average container prices have declined to more than half from the last year in August as China picks up containerized trade volumes more recently, according to an analysis published by Container xChange, a technology marketplace and operating platform for container logistic companies…
Shipments of iron ore on the Great Lakes totaled 5.3 million tons in July, a decrease of 6.8% compared to a year ago, according to trade group the Lake Carriers’ Association (LCA). Shipments were also 6.3% below the month’s 5-year average, LCA said…
Fifteen ship-to-shore cranes now stand 155 feet above the wharf deck at Wando Welch Terminal, efficiently working mega container ships at the Port of Charleston.The fifteenth and final crane was recently moved into position along the waterfront…
Driven by the growth in the size of wind turbines, Liebherr's all-electric heavy lift crane series is being expanded with an 800-tons crane. 'The new cranes follow on from a long tradition and decades of experience in building ship cranes. The first ship crane was delivered by Liebherr in 1958…
On August 11, 2022, a federal grand jury in the District of Puerto Rico returned an indictment charging seven defendants with running a criminal enterprise dedicated to extorting and misleading shipping companies into paying fees for the loading…
Hawaii-based Pasha Hawaii welcomed the newest member to its containership fleet with the arrival of George III at the Port of Long Beach in California, where she will begin her maiden voyage to Honolulu, Hawaii. This is the first liquefied natural…
The U.S. Department of Energy (DOE) has awarded ABS a contract to research barriers to the adoption of advanced nuclear propulsion on commercial vessels.The $800,000 research project – awarded by the DOE’s Office of Nuclear Energy last year and formally contracted through its U…
New hydrogen fuel capability reduces CO2 emissions of Cat G20CM34Caterpillar Motoren introduced a new alternative fuel option enabling usage of up to 25% of hydrogen content mixed with natural gas in Cat G20CM34 engines. Prior to this upgrade…
The busiest U.S. seaport expects August imports to begin easing from record highs as retailers cancel orders in the wake of shoppers' pulling back from freewheeling pandemic spending, the executive director of the Port of Los Angeles said on Wednesday…
