Latest News - page 30

 

International Seaways Announces Q4 and Full-Year 2024 Financial Results

Feb 27, 2025

International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker companies, today announced financial results for the fourth quarter and full year of 2024, highlighting strong earnings, fleet optimization efforts, and continued shareholder returns…

GMV Selected to Enhance Nav Safety in Two Ports

Feb 27, 2025

The Port Authority of Aveiro (Administración Portuaria de Aveiro: APA) and the Port Authority of Figueira da Foz (Administración Portuaria de Figueira da Foz: APFF) have chosen GMV, a technology group present in Portugal, leader in Europe and a world benchmark in global navigation systems…

Carnival Corp Leans on Tech to Boost Vessel Efficiency, Cut Emissions

Feb 27, 2025

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, is advancing greater fuel efficiency for propulsion through hull designs and new hardware and technology, along with underwater drone inspection and cleaning trials…

Proposed China Vessel Fees Come with Supply Chain Risks

Feb 27, 2025

Analysts caution that a new proposal to impose fees on China-built container ships entering the U.S. could trigger unintended consequences, including port congestion, rising freight costs, and shifts in global trade flows.The Trump administration…

ABL Expands Operations into Namibia

Feb 27, 2025

Energy and marine consultancy ABL launches a new entity in Namibia, expanding its growing operations in-country to support the local oil & gas market while developing its offering to support Namibia’s energy transition. “ABL has supported energy and marine projects in Namibia for over a decade…

Industry Responds Positively to EU Clean Industrial Deal

Feb 26, 2025

The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation…

U.S. Dockworkers Ratify New Six-year Contract

Feb 26, 2025

More than 45,000 U.S. dockworkers represented by the International Longshoremen's Association ratified a new six-year contract on Tuesday, formalizing a deal that offers bumper pay hikes and averts any potential disruption until 2030.Terms of the contract…

Furetank Completes First Bio-LNG Bunkering

Feb 26, 2025

Furetank completed its first bunkering of 200 tonnes of ISCC-certified Bio-LNG in collaboration with environmental commodity traders STX Group and Molgas. The tanker vessel Fure Viken, now powered by this renewable fuel, highlights the growing…

A Global Outlook – The Next Generation of Maritime Leaders Speak

Feb 26, 2025

An unparalleled global view of the voices of the next generation of maritime professionals is now available thanks to the international maritime welfare charity Sailors’ Society, which publishes its latest Cadet Report today (February 26). Participants…

Marcura Acquires HubSE

Feb 26, 2025

Marcura has acquired HubSE, a UK-based pioneer in the automation of oil and chemical tanker demurrage claims. HubSE's specialized oil and chemical tanker expertise will be integrated into Marcura Claims (formerly ClaimsHub). Their combined capabilities…

Windward Launches Detention & Demurrage Automation

Feb 26, 2025

Windward (LSE: WNWD) launched its AI-Powered Detention & Demurrage (D&D) Automation solution, in what it is calling a first step in a mission to revolutionize global trade with Gen-AI-powered automation. Designed to eliminate the persistent cost uncertainty plaguing freight forwarders…

DP World Posorja joins Portchain Connect Network

Feb 26, 2025

The Deep-Water Port in Posorja, operated by DP World, implements Portchain Connect to simplify the berth alignment process with shipping lines. Portchain announced today that DP World Posorja will join the Portchain Connect network. The Deep…

Container Terminal Runs on Solar Power During Daylight Hours

Feb 25, 2025

Mindanao Container Terminal (MCT), ICTSI’s business unit at the Port of Cagayan de Oro in the Philippines, recently started operating exclusively on solar power during daylight hours.MCT uses solar power generated by PrimeRES’es solar power supply during daylight hours…

Port of Baltimore Marks Recovery Milestone

Feb 25, 2025

Governor for the US state of Maryland, Wes Moore, has announced that the Helen Delich Bentley Port of Baltimore’s state-owned public and private marine terminals handled 45.9 million tons of cargo in 2024, making it the second-best ever year after 2023 when the port handled a record 52…

Cargo Lost Due to Incorrect Cargo Weight Data

Feb 25, 2025

The input of incorrect container cargo weight data when developing the cargo loading plan led to shipping containers falling off the President Eisenhower container ship and others becoming damaged, the National Transportation Safety Board has found…

Logistics News

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

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Fraport's net profit for the first half of the year is down on non-recurring items
ONEOK's profit increases on the back of acquisition gains