Latest News - page 118

 

Singapore Plans Big Build-up Of Methanol Bunker Supply

Apr 17, 2024

Singapore has the potential to supply over 1 million metric tons of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel, a Singapore minister said on Tuesday.Singapore's Maritime and Port Authority (MPA) late…

Baltimore's Alternate Shipping Channels Not Deep Enough, Maersk Says

Apr 17, 2024

The Baltimore port's alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement on Wednesday.A container vessel chartered by Maersk collided with a major bridge in the U…

Fairway Deepening Commences at Port of Gothenburg

Apr 17, 2024

Fairway deepening officially kicked off this week in the Port of Gothenburg as part of the Skandia Gateway project.The work had already unofficially started with excavation and diving works when representatives from the port, the shipping world…

Ras Al-Khair SEZ Seeking Maritime Infrastructure Investment

Apr 17, 2024

Saudi Arabia’s Ras Al-Khair Special Economic Zone (SEZ) said it is seeking local and foreign investors to help boost the Kingdom’s maritime infrastructure.With an initial area of 20 square kilometers, Ras Al-Khair SEZ, operated by the Royal Commission for Jubail and Yanbu…

MRS '24 - Panel 5: Identifying Risk, Measuring Success in the "Gray Zone"

Apr 17, 2024

The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security.…

ILL EFFECTS: COVID Wiped 24.6m TEU off Container Market Growth

Apr 17, 2024

“Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023,” says Niels Rasmussen…

Consortium Forms North Pacific Green Corridor

Apr 16, 2024

Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia…

Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement

Apr 16, 2024

For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security…

New Agreement Targets Nordic Hydrogen Projects

Apr 15, 2024

Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.The…

IMO's Facilitation Committee Revised MASS Roadmap

Apr 15, 2024

The IMO's Facilitation Committee held its 48th session (FAL 48) from April 8 to 12, in person at IMO Headquarters in London.The Facilitation Committee (FAL) meets annually to deal with matters related to the facilitation of international maritime traffic…

Decarbonization is a Major Challenge for US Ports -Report

Apr 15, 2024

A large number of ports across the United States are making headway toward ambitious decarbonization targets, but many are running up against significant challenges that threaten their progress, according to a new report from classification…

Russia's Seaborne Oil Product Exports Fell in March

Apr 15, 2024

Russia's seaborne oil product exports fell 4.2% in March from the previous month to 10.178 million metric tons due to unplanned maintenance at refineries and a uel export ban, data from industry sources and Reuters calculations showed.Russia's…

UKHO Appoints Blake Interim Chief Executive

Apr 15, 2024

The UK Hydrographic Office (UKHO) appointed Vanessa Blake to the position of interim Chief Executive and Accounting Officer.Blake is the current Chief Customer Officer at the UKHO and will take up the role of Chief Executive on an interim basis…

Denmark Bans Discharge of Scrubber Water

Apr 14, 2024

The discharge of scrubber water from ships out to 22km (12 nautical miles) from the Danish coasts will be prohibited by law. The ban will come into effect on July 1, 2025, for ships with scrubbers in open operation, where the wash water is discharged into the sea…

Updated Version of Guidelines for Cleaning Containers Released

Apr 14, 2024

Every year, 250 million containers are transported across the world with food, clothes, electronics and other goods. While crucial for the smooth functioning of the global supply chain, containers and their cargoes can also harbour and transfer contaminating pests…

Logistics News

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Argentina will Send First Corn Shipment to China Next Month Since 2023

Argentina will Send First Corn Shipment to China Next Month Since 2023

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Union Pacific's purchase of US Rail rival is subject to lengthy review
Wall Street Journal, July 30,
Ferrovial's profit for the first half of 2018 is up 30%, thanks to U.S. highways