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Latest News - page 417

 

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…

Port of Oakland Aiming to Expedite Agricultural Exports

Jan 03, 2022

One of America's top seaports is set to launch an interagency effort to provide relief to agricultural exporters who are facing shortages of export capacity and skyrocketing logistics costsThe Port of Oakland announced Monday it is launching…

Indonesian Coal Export Ban Rattles a Sector

Jan 03, 2022

The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand, prompting President Joko Widodo on Monday to threaten to revoke business permits for any miners who failed to meet domestic market requirements…

Suez Canal to Offer Incentives for Eco-friendly Ships

Jan 03, 2022

Egypt's Suez Canal Authority (SCA) plans to offer financial incentives for ships that follow environmentally friendly standards, Egyptian daily paper El Watan reported on Monday, citing a TV interview with SCA Chairman Osama Rabieh.(Reporting by Moataz Mohamed…

Houthis Seize 'Hostile' Vessel off Yemen; Saudis Claim Ship Carried Med Equipment

Jan 03, 2022

The Iran-aligned Houthi movement that controls most of northern Yemen hijacked a United Arab Emirates-flagged cargo vessel engaged in 'hostile acts' but which the Saudis said was carrying hospital equipment.The ship was heading to the Saudi port of Jizan…

Passengers Depart COVID-hit Cruise Ship After 5 Days Stuck in Lisbon

Jan 03, 2022

Disconsolate passengers stuck on a cruise ship moored in Lisbon's port for five days due to a COVID-19 outbreak began disembarking early on Monday, focused on clearing the final hurdle of a negative test before boarding homebound flights.The AIDAnova…

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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Panama Canal defers Neopanamax draft reduction
Greek F-4 crashes during air show near Athens, two pilots dead, sources say
Air Tanzania will resume its flights to Russia from September 7, after a temporary halt