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Latest News - page 397

 

US Senate Approves Bill to Ease Export Shipping Backlogs

Mar 31, 2022

The U.S. Senate on Thursday unanimously passed a bill to improve oversight of ocean shipping, a step supporters say will help ease export backlogs.The Ocean Shipping Reform Act, led by Senators John Thune and Amy Klobuchar, would strengthen…

Yara Marine to Supply Shore Power Systems for Three Finnlines Vessels

Mar 31, 2022

Ro-ro and ro-pax operator Finnlines has inked a deal to install Yara Marine’s shore power solution on board three vessels to reduce fuel consumption, emissions, and noise in port. The installations are scheduled for completion in 2022.The turnkey…

Hurtigruten Plans First Emissions Free Ship by 2030

Mar 31, 2022

Hurtigruten Norwegian Coastal Express partners with SINTEF to create zero emission ships for the Norwegian coast by 2030.Since 1893, Hurtigruten Norwegian Coastal Express has carried local passengers, goods, and tourists between 34 ports. The…

The Path to Zero: RightShip Launches Maritime Emissions Portal

Mar 31, 2022

RightShip launched its new Maritime Emissions Portal (MEP), designed to help ports and terminal operators accelerate ship-based emissions reductions initiatives with more accurate and granular data.MEP is the first part of a planned broader…

NYK Receives ClassNK’s Highest Innovation Certification Rating

Mar 31, 2022

On March 29, NYK was recognized by ClassNK with its highest rating of Class S on its Innovation Endorsement (IE) provider certification, which confirms a company’s innovative initiatives. NYK was highly evaluated for the NYK Remote Diagnostic Center (RDC)…

Marine Learning Systems wins Inmarsat's "Ferry Open Innovation Challenge"

Mar 31, 2022

E-learning technology and service provider secures £10,000 grant to implement proof of concept for end-to-end crew training solution aboard working ferryInmarsat announced that e-learning technology and service provider Marine Learning Systems…

Cofco Wins 25-year Concession for New Brazil Port Terminal

Mar 30, 2022

Cofco International said on Wednesday it had won a 25-year concession for an agriculture bulk terminal at Brazil's Port of Santos, expanding its footprint in the world's top soybean exporter.The STS11 terminal will be fully operational in 2026…

Germany's TES Accelerates Plan for Gas Import Terminal

Mar 30, 2022

Germany's Tree Energy Solutions (TES), backed by Belgian firm AtlasInvest, said on Wednesday it would accelerate plans for a gas import terminal to be built at the northern German port of Wilhelmshaven in partnership with E.ON.It said it was…

Europe Must Shut Ports to Russian Ships, Ukraine President Tells Norwegian Parliament

Mar 30, 2022

Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament on Wednesday.'The European Union, and I do hope so Norway, need to introduce the ban on Russian…

ZIM Strikes Deal to Charter Six 5,500 TEU Newbuilds

Mar 30, 2022

Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) on Wednesday announced a new charter transaction with a group of investors initiated by MPC Capital AG, according to which ZIM will charter a total of up to six 5,500 TEU…

Maersk Warns Shanghai Lockdown to Boost Shipping Costs Further

Mar 29, 2022

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city…

Corpus Christi Ship Channel Improvement Included in Biden's Spend Plan

Mar 29, 2022

The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget released Monday under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category.  The President’s…

FreightFlows Unveils Predictive Maritime Platform

Mar 29, 2022

Shipping intelligence firm FreightFlows said it has launched a Predictive Maritime Intelligence Platform focused on predicting near-term commercial ship operations. The launch coincides with the close of a $1.8 million seed round, led by Motion…

Port of Virginia Adds New Container Cranes

Mar 29, 2022

The Port of Virginia on Friday welcomed a pair of massive container cranes to Norfolk International Terminals (NIT) South, the final pieces of equipment needed to complete the South Berth’s $450 million optimization project.“These cranes will expand our lift capacity…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

Logistics News

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

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