Latest News - page 127

 

SSA Marine Adds First Electric Forklift in Port of San Diego

Mar 06, 2024

Marine terminal operator SSA Marine said it has placed into service the first of six pieces of zero-emissions cargo handling equipment that the company will introduce at the Port of San Diego’s Tenth Avenue Marine Terminal over the next 12 to 18 months…

Greece Launches Tender for Stake Sale in Lavrion Port

Mar 06, 2024

Greece has invited investors to submit an expression of interest for a stake of at least 50% in its Lavrion port near Athens, its privatization agency HRADF said on Wednesday.The port, due to its proximity to popular tourist destinations such as the Cyclades islands and Greece's busiest airport…

Egypt's Non-oil Business Sector Hurt by Suez Canal Disruption

Mar 05, 2024

A downturn in Egypt's private sector activity deepened in February as a drop in Suez Canal freight due to attacks on shipping in the Red Sea worsened a long-running foreign currency shortage, a survey showed on Tuesday.The S&P Global Purchasing Managers' Index (PMI) for Egypt slipped to 47…

Singapore and Australia Formalize Corridor Collaboration

Mar 05, 2024

Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia green and digital shipping corridor.The MoU was signed by Chee Hong Tat, Singapore’s Minister for Transport and Second Minister for Finance…

Singapore Highlights its Maritime Achievements for 2023

Mar 05, 2024

The Singapore government has recounted the achievements of Maritime Singapore to date to highlight the nation’s successes as a maritime hub in 2023:Total business spending by key maritime companies overseen by MPA exceeded S$4.8 billion, up from S$4…

Wärtsilä Partners Up with EBDG to Reduce Port Emissions Across North America

Mar 05, 2024

Finnish technology group Wärtsilä has entered into a collaboration agreement with U.S.-based naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) to further develop its Clean Harbor Alternative Mobile Power (CHAMP) Barge design…

Turkish Oil Terminal Halts Russian Oil Business

Mar 05, 2024

One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one…

Victoria International Container Terminal Phase 3A Expansion Completed

Mar 04, 2024

Victoria International Container Terminal (VICT), ICTSI’s operations at the Port of Melbourne in Australia, recently completed Phase 3A of its expansion project.VICT can now accommodate neo-Panamax container ships, the largest container vessels calling Australia…

Egypt Studying Further Expansion of Suez Canal

Mar 04, 2024

Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the canal's head said on Monday, a move that could allow for higher volumes of shipping and prevent blockages from halting traffic…

Risk Reigns in Ocean Shipping, Industry and Economic Experts Say

Mar 04, 2024

Risk is the 'new normal' for the global ocean shipping industry that handles 80% of global trade as pressure from geopolitical tensions, rising protectionism and climate change mounts.'There are going to be global tensions ... and I think global dangers…

Port of Long Beach Opens New Fireboat Stations

Mar 04, 2024

Officials dedicated two new Port of Long Beach fireboat stations that are enhancing the Long Beach Fire Department’s waterside and landside emergency response capabilities, better safeguarding visiting ships, cargo and waterfront workers.The…

Iridium Acquires Satelles

Mar 04, 2024

Iridium Communications has entered into an agreement to acquire Satelles, Inc., a leader in secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. The service, named Satellite Time and Location (STL)…

Odfjell Completes Terminal Expansion in Houston

Mar 04, 2024

Odfjell Terminals US (OTUS) reports it has completed the construction and commissioning of its Bay 13 at the Houston Terminal (OTH), adding nine new tanks, with a combined capacity of 204,000 barrels. The new tanks are a combination of stainless steel and carbon steel…

Houthi Attacks Having Limited Impact on Israeli Trade, Prices - Ministry

Mar 04, 2024

Attacks by Yemen's Iran-backed Houthis on cargo ships in the Red Seas are having limited effect on trade to Israel and have not led to any significant inflationary pressures, Israel's Finance Ministry said in a report on Monday.Houthi militants…

After Failed Voyage, 14,500 Australian Livestock Sail Again for Israel

Mar 04, 2024

Around 14,500 livestock sailed from Australia to Israel on Sunday for the second time, two months after their first voyage was curtailed by the threat of attack by Houthi militants in the Red Sea.The animals left Fremantle port in Perth on Jan…

Logistics News

COSCO Seeks Veto Power in Global Port Deal

COSCO Seeks Veto Power in Global Port Deal

Valenciaport Imports/Exports Rise, Offsetting Drop in Transhipment

Valenciaport Imports/Exports Rise, Offsetting Drop in Transhipment

Port of Barcelona Enhances Security and Efficiency With Genetec Technology

Port of Barcelona Enhances Security and Efficiency With Genetec Technology

New BIMCO Clause Addresses USTR Actions

New BIMCO Clause Addresses USTR Actions

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