Latest News - page 586

 

Panama Canal: Advisory to Shipping

Aug 23, 2019

All Shipping Agents, Owners, and Operators advised as to Scheduled Culvert Maintenance at Gatun Locks.Beginning at 0600 hours on Monday, August 26, 2019, until 0600 hours on Friday, September 6, 2019 (10 days), the center wall culvert of Gatun Locks will be out of service for scheduled maintenance…

CMA CGM will not use the Northern Sea Route

Aug 23, 2019

Ahead of the G7 meeting at Biarritz from August 24-26, French President Emmanuel Macron, accompanied by Economy and Finance Minister Bruno Le Maire, Minister of Labour Muriel Pénicaud, and Deputy Minister for the Ecological and Inclusive Transition Brune Poirson…

Frontline buys 10 Tankers from Trafigura

Aug 23, 2019

Frontline will buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million, and may buy a further four vessels later, the two companies announced on Friday.The deal will allow Frontline, which is controlled by Norwegian-born billionaire John Fredriksen…

China Unveils Retaliatory Tariffs as Dispute Escalates

Aug 23, 2019

China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, putting an additional 10% on top of existing rates in the latest tit-for-tat exchange in a protracted dispute between the world's top two economies…

Joe Toomy Rejoins Port NOLA

Aug 23, 2019

The former chairman of the Port of New Orleans Board of Commissioners Joe Toomy is rejoining the group.Gov. John Bel Edwards reappointed Joseph F. Toomy to the Board of Commissioners of the Port of New Orleans.Toomy was sworn in during today’s…

BP Orders BOS 2600 Offshore Crane

Aug 23, 2019

Ship cranes manufacturer Liebherr-MCCtec Rostock GmbH together with China's Yantai CIMC Raffles Shipyard signed a contract concerning the delivery of a board offshore crane, type BOS 2600.The German maritime cranes maker said BP will use the…

Survitec, MRT Collaborate on Constant Wear Lifejacket

Aug 22, 2019

Two safety equipment specialists - Survitec and Marine Rescue Technologies (MRT) - have created a lifejacket that accommodates and complements a range of MRT personal locator beacons (PLB) and takes advantage of the two companies’ knowledge in their respective fields…

Azerbaijan Launches Feeder Service in Black Sea

Aug 22, 2019

The Azerbaijan Caspian Shipping Company (ASCO) will launch a test voyage of a feeder vessel along the Black Sea container route Batumi-Constanta by September 20.The vessel will sail every 10 days (3 times a month). If cargo volumes increase…

FLNG Market to Touch $17.5Bln by 2026

Aug 22, 2019

The global floating liquefied natural gas (FLNG) market is estimated to grow at CAGR above 5.2% over the forecast time frame 2019 to 2026 and reach the market value around $17.5 billion by 2026.Increasing demand for clean fuel techniques and…

SMD on Digitalisation in the Maritime Industry

Aug 22, 2019

300 students from Institute of Technical Education, junior colleges, polytechnics, and universities participated in the 6th edition of the Singapore Maritime Dialogue (SMD), which featured a lively panel discussion on the theme of ‘Maritime Singapore in the Age of Digitization’…

Waterford’s Tugboat Roundup Celebrates 20 Years

Aug 22, 2019

A modest event designed as a get-together for commercial workboat operators in upstate New York is now celebrating 20 years as a three-day community festival.On September 11, 1999, local resident John Callaghan had an idea to bring in some friends…

Baltic Index at 4-week Peak on Broad Support

Aug 22, 2019

The Baltic Exchange's main sea freight index rose to its highest in more than four weeks on Thursday, lifted by strong demand across all vessel segments.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, gained 57 points…

GEA's New Transcritical CO2 Refrigeration Technology

Aug 22, 2019

Due to national and international laws as well as voluntary environmental protection measures, more and more environmentally friendly refrigerants are being used in the marine business.Based on more than 100 years of experience in the refrigeration business…

Missouri Plans Inland Container-On-Vessel Service

Aug 22, 2019

Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway…

Aids to Navigation Training held in Cape Town

Aug 22, 2019

Transnet National Ports Authority (TNPA) successfully hosted another IALA Level 1.1 Aids to Navigation Manager training course for six participants from Mozambique, Namibia, South Africa and The Gambia. The course was held in Cape Town from 22 July to 16 August 2019…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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After tariff truce, US freight industry expects a boost in demand for back-to school supplies
Asian spot LNG prices increase slightly after US-China Tariff truce
Sources say that Black Sea CPC blend oil exports decreased to 1.6 millions bpd during April.