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Latest News - page 369

 

FMC Addresses Detention and Demurrage, and Data Initiatives

Jan 28, 2022

The Federal Maritime Commission met in both open and closed session today to be briefed on efforts to address detention and demurrage, improve supply chain data transparency, and an ongoing investigation of Canadian government regulations that affect U…

Abu Dhabi Maritime takes control of all Ferry Services in Abu Dhabi's waterways

Jan 28, 2022

Abu Dhabi Maritime, the custodian of all of Abu Dhabi’s waterways and marine ecosystems, has assumed responsibility for all ferry services operating within Abu Dhabi’s waterways.Operating under the AD Ports Group, with guidance from the Department of Municipalities and Transport (DMT)…

Tanker Markets Stay Bearish through '22, says McQuilling Report

Jan 27, 2022

Spot market earnings for VLCCs will average $2,500/day in 2022 on a non-eco, no scrubber basis (US $11,000/day for ECO-designs, without scrubbers), while the peak year for VLCC spot market earnings have been pushed out to 2025, amid substantial supply-side support…

Intelatus: The long-tenured, New Name in Market Intel & Planning

Jan 27, 2022

Intelatus Global Partners is a new name in energy, marine and industrial market analysis and strategic planning, a ‘new name’ with nearly 50 years of experience and proven results.Founded by the merger of International Maritime Associates (IMA) and World Energy Reports (WER)…

Ballast Water Management: Techcross Reports Record Start to 2022

Jan 27, 2022

Despite the prolonged COVID-19, Techcross reports that it has kicked off the new year with a new record in amount of order, FAT and shipments in January 2022.As of the third week of January, Techcross sold Ballast Water Management Systems (BWMS) for 81 ships…

Port of Felixstowe Orders 17 Automated RTG Cranes

Jan 26, 2022

The Port of Felixstowe, operated by Hutchison Ports, has ordered 17 Automated Rubber-Tired Gantry Cranes (ARTGs) from Konecranes. The order was booked in Q4 2021. The ARTGs will be delivered and commissioned in a project covering three phases starting in Q2 2023…

Infrastructure Funds a Boost for the Missouri River

Jan 26, 2022

The U.S. Army Corps of Engineers, Kansas City District is set to receive approximately $278 million under the Infrastructure and Investment Jobs Act (IIJA).  Almost $249 million of that is to repair damages caused by the 2019 flood to the Bank…

Wiggins Pass Dredging Commences

Jan 26, 2022

The Coastal Zone Management Dredge Project for Wiggins Pass near Naples, Fla. began on Wednesday, and is estimated to be completed in 40 days.Major maintenance dredging at both Wiggins Pass and Doctors Pass typically occurs on a four- year cycle with minor interim dredging in-between…

València Port Electrification Project Moving Forward

Jan 26, 2022

The Port of València is getting closer to electrifying its docks so that the ships that dock there will produce zero emissions during their stay.The Port Authority of Valencia (PAV) announced on Wednesday that it awarded the construction of…

Fish Spotted After 81 Years

Jan 26, 2022

Field staff from Ohio’s Department of Natural Resources (ODNR) were very surprised when they caught a Longhead Darter fish below the New Cumberland Dam on the Ohio River 54 miles downstream from Pittsburgh. The Darter hasn’t been spotted in the Ohio River since the 1930s…

NJ Seeks New Wind Institute for Offshore Wind Research

Jan 26, 2022

No, that’s not the clarinet and saxophone sections in the band. New Jersey’s Economic Development Authority (EDA) released an RFP (request for proposals) on January 7 seeking a “qualified entity to conduct a feasibility study for a world-class…

FMC Takes Action on Container Charges

Jan 26, 2022

On January 6, the Federal Maritime Commission announced an “Order of Investigation and Hearing” against Wan Hai Lines, Ltd, a vessel-operated common carrier (VOCC). The order charges that Wan Hai failed to “establish, observe, and enforce just…

Work Starts on WRDA 2022

Jan 26, 2022

The House Transportation and Infrastructure Committee, Subcommittee on Water Resources and Environment, held a hearing January 12, starting development of a 2022 Water Resources and Development Act. One Subcommittee goal is a new and updated WRDA every two years…

Federal Dollars Available for the Brandon Road Interbasin Project

Jan 26, 2022

The Brandon Road project is on the Des Plaines River, in Joliet, about 50 miles downstream from Chicago. That location offers a last chance to keep Aquatic Nuisance Species (ANS) out of the Great Lakes. The Army Corps explains that a “new structural…

Sharm El Sheikh Port Reopens After Weather-related Closure

Jan 26, 2022

Egypt has reopened the Red Sea port of Sharm El Sheikh after closing it earlier on Wednesday because of bad weather, the Red Sea Ports Authority said.Winds had decreased to 6 knots and wave height ranges to between one meter and 1.5 meter compared…

Logistics News

Sugar Futures Fall as Oil Prices Slump

Sugar Futures Fall as Oil Prices Slump

Port of Oakland: Exports Continue to Outperform Imports

Port of Oakland: Exports Continue to Outperform Imports

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Aker Solutions Wins FEED Contract for Lithuania CO₂ Terminal

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

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