Latest News - page 59

 

Taiwan: China's threat towards island is "evolving"

Dec 13, 2024

Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when it began its current series of war games, and its recent large-scale buildup of maritime forces is a testament to this.China's…

China: US-backed Philippines 'provoked trouble' in South China Sea

Dec 13, 2024

China accused the Philippines on Friday of having 'provoked trouble' in the South China Sea with U.S. backing, a week after Beijing and Manila traded accusations over a new confrontation in the disputed waters.'The Philippine side, with U.S…

CMA CGM seeks 2025 Singapore biofuel bunker supply

Dec 13, 2024

French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between January and December 2025, according to market sources.The company has been one of the top lifters of marine biofuel in Singapore this year…

Daniel Winter named President of Danfoss Power Solutions

Dec 13, 2024

Danfoss today announced that Daniel Winter has been named president of Danfoss Power Solutions. He succeeds Eric Alström who, after 12 years with Danfoss, has decided to seek new challenges outside the company.Daniel Winter will join the Danfoss…

Port Cost Miscalculation Led to Six-Figure Loss

Dec 12, 2024

In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, the International Transport Intermediaries Club (ITIC) settled a $140,000 claim resulting from an error in calculating port charges.The incident involved a South American grain shipment…

Taiwan Signals Likely End to Latest Chinese Drills

Dec 12, 2024

Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it said were stepped up Chinese military activities nearby, likely signaling an end to Beijing's maneuvers.Taiwan's defense…

Panamanian-flag Tanker Rescues 73 in Dramatic Ops

Dec 12, 2024

The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel.As reported by the Designated Person Ashore (DPA), the Nestos responded immediately to the call from Greek authorities…

Update on Insolvency of FSG-Nobiskrug Shipyard

Dec 12, 2024

Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway. The Provisional insolvency administrators want to jointly develop restructuring solutions.The Flensburg…

Anemoi names Clare Urmston as new CEO

Dec 12, 2024

Anemoi Marine Technologies has today announced that Clare Urmston has been appointed as the company’s new Chief Executive Officer (CEO).After holding a number of executive and non-executive positions within the manufacturing, healthcare and fast-moving consumer goods sectors…

BIMCO's Shipping Number of the Week

Dec 12, 2024

Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown…

Launch, Naming Ceremony at Seaspan for HMCS Protecteur

Dec 12, 2024

Seaspan Shipyards, Canada’s long-term, strategic shipbuilding partner for large, complex vessels under Canada’s National Shipbuilding Strategy, and the Royal Canadian Navy have reached an important milestone for the first Joint Support Ship…

Panama Canal Battles Ongoing Drought

Dec 12, 2024

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate…

NUWC's Pistacchio wins ONR Achievement Award

Dec 12, 2024

David Pistacchio, a senior technologist in the Naval Undersea Warfare Center (NUWC) Division Newport’s Chief Technology Office, was selected for the 2023 Office of Naval Research (ONR) Fred E. Saalfeld Award for Outstanding Lifetime Achievement in Science…

Singapore's MPA looks to scale up LNG bunkers

Dec 12, 2024

The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling, it said in a statement on Thursday.The EOI seeks…

Adriatic Gate Container Terminal Curbs Crane Noise Pollution

Dec 11, 2024

Croatia’s Adriatic Gate Container Terminal has taken a step towards more community-friendly operations by installing white noise reversing alarms on two of its rail-mounted gantry cranes.White noise reversing alarms emit a softer, more localized…

Logistics News

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

CK Hutchison: "Reasonable Chance" $22.8B Ports Sale Will Go Through

Bunker Sales Surge in Singapore

Bunker Sales Surge in Singapore

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Maguire: Key US Natural Gas Trends to Track as LNG Exports Hit New Highs
Source: Panama Canal will launch an auction for the construction and operation of two ports
WoodMac: US transformer shortage as demand for power surges.