Latest News - page 408

 

Wallenius Bets on Wind-powered Cargo Ships

Dec 09, 2020

Two centuries after the first coal-powered steamships crossed the Atlantic Ocean, a Swedish company is designing a futuristic throwback: a huge, wind-driven cargo ship that could help end the fossil fuel era and limit climate change.Shipping accounted for 2…

Seafarers Are Key Workers: It’s “All Hands on Deck” @ WMU to Solve the Seafarer Crisis

Dec 09, 2020

Dr. Cleopatra Doumbia-Henry, President, World Maritime University, discussed the ongoing seafarer crisis plus the new report from WMU, A Culture of Adjustment, which outlines systemic failures in the implementation of the regulatory regime for seafarers’ work and rest hours…

Port NOLA Receives $1.2 Mln from EPA to Curb Emissions

Dec 08, 2020

Recently, the U.S. Environmental Protection Agency (EPA) finalized a cooperative agreement with the Port of New Orleans to fund diesel emissions-reduction programs. The agreement provides $1,240,247 to replace certain diesel-powered trucks at port facilities in Orleans…

Thai Exports Seen Growing 3%-5% in 2021

Dec 08, 2020

Thai exports are expected to grow 3% to 5% next year after a contraction of up to 7% in 2020, the shippers' council said on Tuesday, helped by free trade agreements and developments on COVID-19 vaccines, though concerns about a strong baht persist…

Baltic Index Dips as Capesizes Slide to Near 6-month Low

Dec 08, 2020

The Baltic Exchange's main sea freight index fell on Tuesday, as concerns over trade frictions between Australia and China on coal shipments sent capesize rates to a near six-month low.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels…

US Targets Coal Shipments in Fresh N. Korea-related Sanctions

Dec 08, 2020

The United States imposed new sanctions on six groups and four vessels related to the transport of North Korean coal on Thursday, including operations based in China, the Treasury Department said on Tuesday.'The DPRK (North Korea) continues to circumvent the U…

Sharp Crewing Services Establishes COVID-19 Test Site in Manila

Dec 08, 2020

Philippines and Singapore-based crew specialist CF Sharp has established its own COVID-19 testing center in Manila to speed up its crew change process amid mounting coronavirus case counts and ongoing logistical challenges for seafarers and ship managers globally…

Innovez One to Digitize Singapore’s Last Mile Delivery of Launch Operations

Dec 08, 2020

New solution will increase efficiency in launch services, improve productivity, and accelerate automation and digitalization of manual, time-consuming pier operations.Port management software provider Innovez One is embarking on a collaboration…

Port of Los Angeles Inks $6.8 Mln Cybersecurity Deal with IBM

Dec 07, 2020

The Port of Los Angeles is working with IBM to design and operate a Port Cyber Resilience Center (CRC) at the U.S.' busiest container port.A $6.8 million, three-year agreement between the seaport and tech giant includes hardware, software and services to design…

SEACOR to Go Private in $1 Billion Deal

Dec 07, 2020

Florida-based transportation and logistics firm SEACOR Holdings Inc announced Monday it has entered into a deal with private equity firm American Industrial Partners (AIP) to take the company private in an all-cash transaction valuing it at about $1 billion…

Peters & May Announces Senior Management Appointments

Dec 07, 2020

Following the announcement of Simon Judson’s appointment as Peters & May’s new CEO, the global marine transport and logistics provider has revealed further changes to its senior management team as part of internal structural changes within the…

CMT Expands Its Leadership Team

Dec 07, 2020

Cooper Marine & Timberlands (CMT) has expanded its logistics and business development team through its promotion of Strickler Adams to Director of Marine Logistics and hiring of Alan Dodd as Director of Business Development.As Director of Marine Logistics…

Great Lakes Cruising Inks New Lease Agreement with Port Milwaukee

Dec 07, 2020

Port Milwaukee is entering into a lease agreement with Pearl Seas Cruises to give the company priority docking rights for its cruise ships at Pier Wisconsin, the downtown dock immediately east of Discovery World museum. The Board of Harbor Commissioners…

Vestdavit wins Contract to Supply on new USCG Icebreaker

Dec 07, 2020

Vestdavit won a tender with Pascagoula, Miss. shipbuilder Halter Marine to supply marine davits for the U.S. Coast Guard’s new Polar Security Cutter (PSC). The 460-foot vessel will support U.S. operations in Arctic and Antarctic waters.Two HNFE…

Pair of Damen-build Boluda tugs Arrive in Zeebrugge

Dec 07, 2020

A pair of newbuild Damen tugs, VB Bolero and VB Rumba. arrived over the weekend to their homeport Zeebrugge in Belgium in the presence of a small group of delegates of MBZ / Port of Zeebrugge and Boluda Towage.The VB Bolero and VB Rumba are highly maneuverable…

Logistics News

Vattenfall Secures Dutch Base to Support Germany’s Largest Offshore Wind Farm

Vattenfall Secures Dutch Base to Support Germany’s Largest Offshore Wind Farm

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

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