Latest News - page 139

 

EU Report Recognizes Need for Port Investment Stability

Jan 17, 2024

The European Parliament has officially adopted the Berendsen report, an own-initiative report on “building a comprehensive European Port Strategy” (585 in favor, 21 against, 26 abstentions).The European Sea Ports Organisation (ESPO) welcomed…

Van Oord Contracted to Build FSRU Jetty in Germany

Jan 17, 2024

Van Oord has been contracted by FSRU Wilhelmshaven, a joint venture between ENGIE and Tree Energy Solution (TES) to construct a Floating Storage and Regasification Unit (FSRU) jetty at Wilhelmshaven in Germany.Responsibility for the operation…

Panama Canal Toll Revenue Shrinking Due to Drought

Jan 17, 2024

The Panama Canal's toll revenues have dipped by about $100 million per month since last October, the canal's administrator said on Wednesday, adding that if the trend continues reduced income from tolls could total some $700 million by around April…

Houthi Rockets Wreak Havoc on Middle East Container Shipping

Jan 17, 2024

As the Houthis recklessly launch drone and missile attacks on commercial ships in the Red Sea, carriers and shippers will pay as some marine traffic reroutes around South Africa. Peter Sand, Chief Analyst, Xeneta, discusses with Maritime Reporter…

“This is not a decision against THE Alliance,” says Hapag-Lloyd Chief

Jan 17, 2024

Hapag-Lloyd and Maersk signed an agreement for a new long-term operational collaboration called Gemini Cooperation, aiming to start in February 2025.Simultaneous with the announcement, Hapag-Lloyd informed its partners in THE Alliance that it would end its participation in January 2025…

Product Tanker Scrapping Drops 82%

Jan 17, 2024

“In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled in 2022. It was also the lowest level of recycling seen since records began in 1996…

Maersk and Hapag-Lloyd Set Up Operational Cooperation

Jan 17, 2024

Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability…

ONE Orders 12 Methanol Dual-Fuel Containerships

Jan 17, 2024

Japanese shipping company Ocean Network Express (ONE) has signed shipbuilding contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for the construction of 12 13,000 TEU methanol dual-fuel containerships.Each shipyard will build six vessels and are all scheduled to be delivered from 2027…

Port of Los Angeles Finishes 2023 with Strong Growth

Jan 16, 2024

The Port of Los Angeles closed out 2023 on a strong note, processing 747,335 TEUs, 2.5% more than last year. It was the fifth consecutive month of year-over-year gains.December 2023 loaded imports landed at 369,477 TEUs, an increase of 5% compared to the previous year…

Carrix Integrates Ceres Terminals into SSA Marine

Jan 16, 2024

Marine terminal operator Carrix on Tuesday announced the rebranding of Ceres Terminals as SSA Marine, following Carrix’s acquisition of the company.The acquisition, originally announced in September 2023, expands SSA Marine’s global footprint…

Equatorial, TFG and Sinopec are Singapore's Top Three Marine Bunker Suppliers in 2023

Jan 16, 2024

Equatorial Marine Fuel Management Services, TFG Marine and Sinopec Fuel Oil Singapore were the top three marine bunker suppliers in Singapore, the world's largest bunker hub, in 2023, latest data from the port authority showed.Equatorial maintained its top position for a second consecutive year…

Metelo Starts Gateway Zero

Jan 16, 2024

Gateway Zero, a developer and investor focused exclusively on next-generation energy ports infrastructure, has launched. Its mission is to unblock the path to net zero through the continued expansion of global offshore wind, and by harnessing…

"Port of the Future" Announces Comms Awards

Jan 16, 2024

The Borders, Trade, and Immigration Institute, a Department of Homeland Security Center of Excellence, led by the University of Houston, announced the creation of the annual Port of the Future Award for “Excellence in Port Communications and Community Relations…

2023 a Record Year for PSA International

Jan 15, 2024

Port operator PSA International enjoyed a record-breaking year last year as it handled container volumes amounting to 94.8 million TEUs across its port terminals around the world.PSA’s ports and cargo solutions portfolio comprises over 60 deepsea…

SITC and Xiamen Port Cooperate on Logistics

Jan 15, 2024

SITC signed a framework agreement with Xiamen Port Holdings Group on January 10 that aims to jointly boost logistics.Headquarter based in Hong Kong, SITC is an intra-Asia shipping logistics company. Its business scope covers container liner shipping…

Logistics News

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Port Houston Surpasses 2 Million TEUs in June, Looks Ahead to Maritime Conference

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Greek-Managed Tankers Divert Around Africa to Avoid Red Sea Attacks

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Global Shipping's Q3 Outlook Centers on Geopolitical Instability (again)

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

Tideworks Technology’s Traffic Control Solution Deployed at Florida International Terminal

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The death toll in the Vietnam tourist boat crash has risen to 38
Three dead after a Vietnam tourist boat capsizes at Halong Bay
As Typhoon Wipha heads towards mainland China, Hong Kong is battered by rains.