Latest News - page 316

 

Insights: How Indonesia, the World's Top Thermal Coal Exporter, Hit a Supply Crunch

Jan 07, 2022

Indonesia, the world's biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at domestic power plants.WHY DID INDONESIAN AUTHORITIES DECIDE TO ACT…

Size Not the Main Goal, Shippers Say, as MSC Overtakes Maersk

Jan 06, 2022

Swiss-based container group MSC has overtaken Denmark's Maersk as the world's biggest shipper, the company said, confirming data from intelligence provider Alphaliner.After taking delivery of several ships last year, MSC or Mediterranean Shipping Company has capacity to move the equivalent of 4…

Louisiana Students Take Mississippi River Tour Field Trip

Jan 05, 2022

Dozens of South Louisiana middle and high school students eager to learn about careers in the maritime industry enjoyed a cool, windy autumn day on the mighty Mississippi River in St. Bernard Parish at the first-of-its-kind Maritime Field Trip…

Global Supply Pressures May Be Nearing Peak

Jan 05, 2022

The historically high pressures on global supply chain networks that have contributed to shortages of key goods and materials and a surge in inflation may have peaked, according to a new index released by the New York Federal Reserve on Tuesday…

Centa Named President of PMI

Jan 05, 2022

PMI Industries, Inc., an engineering, manufacturing, and testing company with a global presence servicing energy, both fossil fuel and renewables, marine, research, and government industries announces the appointment of Robert (Bob) J. Centa…

Sun Feng Takes the Helm at China Classification Society

Jan 05, 2022

Sun Feng formerly a CCS vice president, was named Chairman and President, taking over from Mo Jianhui, who retired.In a handover ceremony at CCS headquarters in Beijing, Sun paid tribute to Mo, praising his contribution to CCS.“Mr. Mo oversaw the rapid growth of our classed fleet…

Kalmar, Coast Autonomous in Robotic Solutions Pact

Jan 05, 2022

Kalmar, part of Cargotec, has signed a joint development agreement with Coast Autonomous Inc. to accelerate the development and launch of robotic solutions across the mobile equipment offering. Kalmar has also become a minority shareholder of Coast Autonomous…

HII Appoints Mulherin VP of Contracts at Newport News Shipbuilding

Jan 04, 2022

Huntington Ingalls Industries (NYSE:HII) announced that Matt Mulherin Jr. has been promoted to vice president of contracts at its Newport News Shipbuilding division. Mulherin succeeds Christie Thomas, who has been appointed corporate vice president…

Indonesia Coal Crunch Continues, Some Firms Declare Force Majeure

Jan 04, 2022

Indonesia's coal supply situation remains critical, the state utility said, following the country's ban on exports of the fuel that drove up prices in top customer China on Tuesday.Indonesia, the world's top exporter of the coal used in power plants and China's largest overseas supplier…

China Ramps Up LSFO Production 30%, backing Bunker Fuel Hub Ambitions

Jan 04, 2022

China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur fuel oil by 30%, industry sources said on Tuesday…

Navtor to Acquire Ingenium Marine

Jan 04, 2022

Navtor has inked a deal to acquire Ingenium Marine, a transaction subject to execution of definitive agreements. Once completed, Ingenium will become a fully integrated Navtor company and continue to operate from Mumbai, India, and Navtor will…

Global Underwater Hub Announces Appointments

Jan 04, 2022

The Global Underwater Hub (GUH) announced a series of senior appointments to deliver its ambition of transforming the underwater industry in the UK, appointing a finance director and head of communications.Kirstin Gove has joined as head of communications…

Pizzaro Joins Britannia P&I

Jan 04, 2022

Britannia P&I and its Exclusive Correspondent in the US, B Americas P&I, announce the recruitment of Marcela Pizzaro. She joined B Americas P&I on 3 January 2022.Pizzaro worked for many years at one of the major international container lines…

Construction Begins at DP World's $1.1 Billion Port in Senegal

Jan 03, 2022

Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai's state-owned port operator DP World at Ndayane, around 50 km (31 miles) south of the capital Dakar…

New JV Stevedoring Company Handles First Box in Savannah

Jan 03, 2022

On Monday at the Port of Savannah, representatives from Gateway Terminals, the International Longshoremen’s Association and the Georgia Ports Authority joined to mark the first container moved under the direction of Gateway, a new joint venture…

Logistics News

IAPORTS to Hold Global Virtual Investment Round

IAPORTS to Hold Global Virtual Investment Round

Egg Exports from Brazil Spike

Egg Exports from Brazil Spike

Allcargo Terminals Reports Q1 Earnings

Allcargo Terminals Reports Q1 Earnings

Malmö Hosts Conference on Future-Proofing Port Cities

Malmö Hosts Conference on Future-Proofing Port Cities

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