French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash…
New research has found that of almost 5,000 seafarers surveyed, almost 40% have experienced at least one form of unethical or illegal action in violation of international standards relating to worker rights either during the recruitment process or while working at sea…
Danish bulk shipping company Norden has partnered with 123Carbon and its partners, AllChiefs and Verifavia, to commence offering carbon inset tokens through 123Carbon’s newly developed platform.With the platform, Norden will now be able to tokenise…
Canada's Port of Vancouver welcomed the year's first cruise ship earlier this month, kicking off what is expected to be a record cruise season.In total, 331 cruise ships visits are scheduled for the Canada Place cruise terminal at the Port of Vancouver between April 12 and October 24…
California's bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to capitalize on the 'green' revolution.But thanks to the state's plan to phase out by 2035 heavy-duty…
Argentina grains inspectors have launched a 24-hour strike that is halting shipments at key river ports in farm transport hub Rosario, the ports chamber CAPyM said on Monday.The strike by the Urgara grains inspectors union is linked to conflicts…
Finnish crane manufacturer Konecranes reports it has recently secured an order to supply two Generation 6 Konecranes Gottwald Mobile Harbor Cranes for Sihanoukville Autonomous Port (PAS), Cambodia’s only deepwater port. The cranes will be delivered in the fourth quarter of 2023…
Oil exports from northern Iraq to the Turkish port of Ceyhan remain at a standstill almost three weeks after an arbitration case ruled Ankara owed Baghdad compensation for unauthorised exports.The March 23 arbitration ruling by the International…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday to mark it worst week since mid-February as demand waned across all vessel segments.The overall index, which factors in rates for capesize…
ClassNK issued an Approval in Principle (AiP) for an ammonia-fueled gas carrier which has been jointly developed by Mitsui O.S.K. Lines, Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding.Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO2 when combusted…
Belov Engenharia Shipyard, located in Salvador, Brazil, delivered the first Robert Allan Ltd. designed RApide 2000-E pushboat – HB Poraque. It is the first of two battery/diesel electric vessels for Hidrovias do Brasil S.A. HB Poraque is a battery electric shallow draft pushboat…
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia.The Department of Energy approved…
The Pacific Maritime Association on Thursday said the largest longshore union local on the West Coast disrupted work at the nation's busiest seaport complex for the second week in a row, as labor talks covering 22,000 dockworkers from California to Washington state approach the one-year mark…
Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.The Ukraine grain Black Sea export deal was…
The end of a contract between a Bunge agent and a state-run port company in southern Brazil could make room for rivals interested in the public grains terminal, documents and court filings showed.The contract between Bunge port agent Litoral…
