Latest News - page 39

 

Ultranav Starts Trial with Behavior Change Service Signol to Minimize CO2 Emissions

Feb 03, 2025

Even minor adjustments in daily operations can contribute to fuel savings and reduced emissions. To support these improvements, Ultranav is launching a 6-month trial with Signol – a behavior change service designed to encourage fuel-saving practices among crew members…

Tariffs Could Divert Canadian Aluminium to Europe

Feb 03, 2025

The cost of aluminium for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.U.S. President Donald Trump has…

Sanmar Secures Landmark Tug Contract with New Bulgarian Client

Feb 03, 2025

SANMAR signed a contract with PORT FLOT – BURGAS, one of Bulgaria’s leading towage companies, to build a multi-purpose tug to join its fleet, providing services in the Bay of Burgas.The new tugboat will be one of the Turkish tug-builder and…

EU-Chile Interim Trade Agreement Enters into Force

Feb 02, 2025

The EU-Chile Interim Trade Agreement (ITA) has entered into force, following the completion of Chile's ratification process. The ITA, which was signed in December 2023, is of key geopolitical importance, says the EU.It will boost the competitiveness of businesses on both sides…

VICT Orders Hybrid Container Carriers

Feb 02, 2025

Victoria International Container Terminal (VICT), ICTSI's operation at the Port of Melbourne, has purchased four new hybrid automatic container carriers (ACCs) from Kalmar.The new carriers, scheduled for delivery in 2025, will each feature a…

Trump's Tariff Directives Suspend Low-Value Shipments Loophole

Feb 02, 2025

President Donald Trump's new tariff orders against Canada, Mexico and China all contain clauses suspending a duty-free exemption for low-value shipments below $800 that is widely seen as a loophole that has allowed shipments of fentanyl and its precursor chemicals into the United States…

Rubio Pressures Panama over Chinese Businesses Near Canal

Feb 02, 2025

U.S. Secretary of State Marco Rubio on Sunday warned Panama's President Jose Raul Mulino that Washington will 'take measures necessary' if Panama does not immediately take steps to end what President Donald Trump sees as China's influence and control over the Panama Canal…

Summing Up the U.S., the Panama Canal and China

Feb 02, 2025

Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is under threat…

U.S. Shipping Invests $150 Million in Great Lakes Region

Jan 31, 2025

With winter in full swing, the U.S.-flagged fleet of Lakers have tied up in ports across the Great Lakes region to perform critical maintenance before the navigational locks in Sault Ste Marie, Michigan reopen on March 25th.Hundreds of skilled…

US: China's Panama Canal presence "a security concern"

Jan 31, 2025

China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday, ahead of U.S. top diplomat Marco Rubio's visit to the country…

Maersk to launch its new ocean network

Jan 31, 2025

On February 1, Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with…

InterManager Elects von Hardenberg As President

Jan 31, 2025

InterManager, the international association for the ship management sector, has elected Sebastian von Hardenberg as President.Sebastian is CEO of Bernhard Schulte Shipmanagement (BSM) and was elected by members of InterManager’s Executive Committee…

Lake Victoria's First Ro/Ro Vessel Sets Sail

Jan 31, 2025

East Africa Marine Transport has taken a significant step towards creating a more sustainable and efficient logistics solution for Lake Victoria with the commissioning of M.V. MPUNGU, the lake’s first scheduled roll-on / roll-off freight vessel…

McQuilling Weighs in on 2025-2029 Tanker Outlook

Jan 31, 2025

McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page report provides a detailed analysis of oil fundamentals, global economic and geopolitical context in addition to tanker demand and supply projections across eight vessel classes…

Baltic Index snaps 13-day losing streak

Jan 31, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across the capesize and panamax vessel segments.The overall index…

Logistics News

Shore Leave: Rare, Brief and Endangered

Shore Leave: Rare, Brief and Endangered

Dominican Republic to Boost Cruise Tourism

Dominican Republic to Boost Cruise Tourism

Algorithm Accountability

Algorithm Accountability

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

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