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Latest News - page 671

 

U.S. Shipping Sanctions Dent HSFO Demand

Oct 29, 2019

U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result -- less burning of the dirtiest marine fuels at sea at the start of next year, Refinitiv data showed on Tuesday.The move to blacklist ships from COSCO on Sept…

Euronav Readies Fleet for IMO 2020 Start

Oct 29, 2019

Belgian tanker operator Euronav expects to complete preparations on its fleet in coming weeks ahead of tougher rules next year limiting sulphur emissions from ocean-going vessels, a company executive said on Tuesday.Ship owners must cut emissions by reducing the sulphur content in fuel to 0…

Crowley Scholarships to Webb Institute Students

Oct 29, 2019

Crowley Maritime Corp. has awarded Thomas B. Crowley Sr. Memorial Scholarships to two seniors attending Webb Institute, a four-year college specializing in naval architecture and marine engineering.In making the award, the Webb scholarship selection committee honored Louis Bock of Pipersville…

Fincantieri Presents "Carnival Panorama" in Marghera

Oct 29, 2019

“Carnival Panorama”, the new ship of Carnival Cruise Line, a brand under Carnival Corporation & plc, the world’s largest cruise ship operator, was presented at the Fincantieri shipyard in Marghera (Venice) at the presence of the Italian Minister of Infrastructures and Transport Paola De Micheli…

Full Utilization of HMTF Passes in U.S. House

Oct 29, 2019

This evening the U.S. House of Representatives passed by a recorded vote the Full Utilization of the Harbor Maintenance Trust Fund (HMTF), H.R. 2440.  The vote was 296 in favor and 109 opposed.  The voting required a two-thirds super majority…

'eTug' Powered by Battery, Hydrogen Fuel Cell

Oct 29, 2019

Tokyo Kisen Co., Ltd. and e5 Lab Inc. have jointly developed the new concept design of “e5 Tug,” electric propulsion harbor tugboat powered by large-capacity battery and a hydrogen fuel cell.The e5 Tug is a harbor tug fully electrified and designed…

PetroChina Starts Gasoline Exports to India

Oct 29, 2019

China's PetroChina International Co Ltd shipped a cargo of 92 octane gasoline to India, marking the company's first direct refined oil shipment to the country, its parent company China National Petroleum Corp (CNPC) said in a statement on Tuesday…

Venezuelan State Imports Surge Despite Sanctions

Oct 29, 2019

Venezuela's public-sector imports, which include subsidized food for the poor, surged in the first quarter of this year despite U.S. sanctions that President Nicolas Maduro describes as a full blockade, a recent release of central bank data shows…

Unipec Resumes Using COSCO Tankers

Oct 29, 2019

China's Unipec has resumed using tankers owned by COSCO weeks after it suspended bookings due to U.S. sanctions on some of the Chinese shipping company's subsidiaries, trade sources said on Tuesday.Refinitiv data showed one COSCO owned tanker - belonging to a subsidiary not affected by the U…

CMA CGM Buys Stake in Wing

Oct 29, 2019

CMA CGM has taken a position in Wing to support the growth of an innovative urban logistics service dedicated to e-commerce.CEVA Logistics and Wing are entering into a major industrial and commercial partnership for the benefit of their respective customers…

Norway Rejects Prosafe-Floatel Merger

Oct 29, 2019

The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.Oslo-listed accommodation services player Prosafe in a press release said that it will study the decision in detail…

Milaha's 9-months Net Profit Up 5%

Oct 29, 2019

Qatar Navigation (Milaha) reported a 5% year-on-year increase in net profit to QR419mn in the first nine months of this year on account of the earnings expansion in its maritime and logistics business as well as gas and petrochem.The company's earnings-per-share was QR0…

Tarmac, Forth Ports Team-up for Tilbury2

Oct 29, 2019

British building materials company Tarmac has partnered with London’s fastest growing port, the Port of Tilbury, to create the UK’s largest construction materials aggregates terminal at Tilbury2, the new port being constructed on the north bank of the River Thames…

Macquarie Doubles Gwynt y Môr Stake

Oct 29, 2019

Macquarie Infrastructure and Real Assets (MIRA) has agreed to lift its shareholding in the 576-MW Gwynt y Mor offshore wind farm in the UK by purchasing an additional 10% stake for an undisclosed sum.MIRA has managed a 10 per cent stake in Gwynt…

Panama to Modernize Greek Ship Registry

Oct 29, 2019

A delegation of the Panama Maritime Authority (AMP) led by Panama’s Minister of Maritime Affairs and Administrator of the Panama Maritime Authority Noriel Arauz, visited Greece where it was received by the Minister of Maritime Affairs and Island Policy Ioannis Plakiotakis…

Logistics News

Houthis Attack Saudi Oil Pipeline Pumping Station

Houthis Attack Saudi Oil Pipeline Pumping Station

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

White House to Extend Jones Act Shipping Waiver

White House to Extend Jones Act Shipping Waiver

Albany Port District Commission Names New Board Members

Albany Port District Commission Names New Board Members

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