Latest News - page 63

 

Port Authority-Led Supply Chain Panel Steers NY/NJ Seaport

Dec 06, 2024

The summer of 2013 was a breaking point for the Port of New York and New Jersey.“It was like Armageddon,” said Bethann Rooney, port director at the Port Authority of New York and New Jersey. “It was the worst cargo congestion we’ve ever seen…

What's Coming for Logistics in 2025?

Dec 05, 2024

A lack of labor, U.S./China trade tensions and Artificial Intelligence, says Archival Garcia, CEO, Fluent Cargo.Q: What do you believe will be the single biggest disruptor to the transport and logistics sector in 2025, and how are you preparing for it…

US to Provide Security Boats to Vietnam

Dec 05, 2024

The United States will provide $12.5 million to Vietnam to enhance its maritime law enforcement capabilities and combat illegal fishing, the U.S. embassy in Hanoi said on Thursday.The assistance package includes support for Vietnamese maritime law enforcement agencies…

Europe's First Electric Tugboats Arrive in Antwerp

Dec 05, 2024

Six new electric tugboats, including the groundbreaking Volta 1, have arrived in the Port of Antwerp-Bruges, with t e Volta 1, Europe’s first fully electric RSD tugboat, serving as the poster child for the port’s ambition to achieve climate neutrality by 2050…

SeaPort Manatee adds two Eco-efficient Harbor Cranes

Dec 04, 2024

SeaPort Manatee is furthering its ship-to-shore cargo-handling capabilities with addition of two new Konecranes Gottwald Generation 6 mobile harbor cranes at the maritime trade hub for Southwest and Central Florida and beyond.The latest pair…

Lakes November Limestone Trade Down 4.9 PCT

Dec 04, 2024

The Lake Carriers' Association (LCA) on Wednesday reported that shipments of limestone on the Great Lakes totaled nearly 3 million tons in November, a decrease of 4.9 percent compared to a year ago.  Limestone cargos were a mere 8,340 tons below the month’s 5-year average…

Shoring Up U.S. Shipbuilding

Dec 04, 2024

Spoiler Alert: we already know what to do. Some of it just isn’t physically possible. Help isn’t going to come from South Korea.Just two days following Donald Trump’s historic election victory, positioning him to become just the second U.S. President to be elected twice…

U.S. Military Gets Sealift Boost with M/V ARC Endeavor

Dec 04, 2024

American Roll-On Roll-Off Carrier Group Inc. (ARC) said that M/V ARC Endeavorentered the Maritime Security Program (MSP) fleet on December 1, strengthening ARC’s position for U.S.-flag Roll-on Roll-off (Ro-Ro) shipping services.M/V ARC Endeavor replaces ARC’s M/V Endurance in the MSP fleet…

Propane Can Help Ports Meet Emissions Goals

Dec 04, 2024

Ports can’t afford to slow down, and stricter environmental regulations and emissions standards are pushing port authorities to balance operational efficiency with reducing their carbon footprint. By replacing traditional gas and diesel as an energy source…

Damen RSD Tug 2513 named in Malta ceremony

Dec 04, 2024

On December 4th, Tug Malta held a naming ceremony for its latest vessel, a Damen RSD Tug 2513, in Malta. During a celebration attended by the Prime Minister of Malta Robert Abela, the vessel was named Med Aldebaran.With more than 80 tonnes of bollard pull at its disposal…

HII Intends to Acquire SC-based Metal Fabricator

Dec 04, 2024

HII announced today that it has entered into a definitive agreement to acquire substantially all of the assets of W International SC, LLC and Vivid Empire SC, LLC (collectively “W International”), a South Carolina-based complex metal fabricator…

ONE Acquires Terminal in Southeast Asia

Dec 04, 2024

Japanese shipping company Ocean Network Express (ONE) has completed the acquisition of a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia.NPCT1 is an important terminal serving mature gateway markets in Southeast Asia…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Dec 04, 2024

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.Annual power use in Pakistan, which gets over a third of its electricity from natural gas…

Wheat Export Tariffs Likely to Slow Shipments from Russia

Dec 04, 2024

“Between January and November 2024, Russian seaborne dry bulk exports have decreased 5% y/y, driven by a 10% y/y decrease in coal shipments. The price competitiveness of Russian coal has deteriorated, compared to Mongolian, Indonesian and Australian cargoes…

San Antonio Terminal Int'l concession extended until 2030

Dec 03, 2024

Empresa Portuaria San Antonio (EPSA) filed a Material Event with the Financial Market Commission (CMF), informing that San Antonio Terminal Internacional (STI) had met the investment conditions agreed in 2020 and, therefore, its concession will be extended until January 1…

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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Serbian police intervenes to end the standoff between supporters of the ruling party and anti-government demonstrators