Latest News - page 139

 

Singapore Oil Spill Spreads Along Coast

Jun 16, 2024

An oil spill off southern Singapore has spread to other areas of the island's coast and is threatening a marine reserve, government agencies said, adding that authorities were intensifying efforts to mop up the fuel.The oil spilled into Singaporean…

GAC to Acquire Quadrant Pacific’s Ship Agency Business

Jun 14, 2024

GAC Group announced it has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its network partner in New Zealand.Since its establishment in 2008, GAC New Zealand has operated in partnership with Quadrant Pacific…

US East Coast Port Union Strike Threat to Test Shippers' Nerves

Jun 13, 2024

Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs.The International Longshoremen's Association contract covering 45…

Brazil's Container Port Operator Seeks to Avert 'Congestion' Surcharge

Jun 13, 2024

TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge…

Xeneta: US Importers Caught in a Vicious Circle

Jun 12, 2024

Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious circle of disruption in ocean freight container shipping.The International Longshoremen’s Association (ILA)…

Trans Mountain Pipeline to load 22 Tankers in Vancouver

Jun 12, 2024

Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a 'little bit' of spot capacity also being used, a Trans Mountain executive said on Wednesday…

Officials Tout Quick Baltimore Channel Reopening

Jun 12, 2024

This week's reopening of Baltimore's main shipping channel - less than three months after the Key Bridge collapse - was due to expertise gained from a COVID-era task force, a highway overpass collapse and the 2021 infrastructure law, government officials said…

Port of Salalah Says Its $300 Million Expansion Is On Track

Jun 12, 2024

The Port of Salalah reports is $300 million expansion plan remains on track with the arrival of the final four of ten supersized ship-to-shore cranes this week. By the end of the year, the port—Oman's largest—will have increased its annual container handling capacity from 5 million to 6 million TEU…

NASH Maritime to Study Navigation Risk for Ireland Offshore Wind Hub

Jun 11, 2024

NASH Maritime to undertake Consultancy NASH Maritime reports it has been commissioned to prepare the navigation risk assessment for the proposed development that will see Rosslare Europort become the Offshore Renewable Energy (ORE) hub for Ireland’s South East…

Econnect Installs Floating Jetty at German LNG Terminal

Jun 11, 2024

Norway's Econnect Energy is installing a floating jetty for use at Germany's Wilhelmshaven liquefied natural gas (LNG) import terminal, its CEO said in an interview.Norway overtook Russia as Europe's biggest gas supplier in 2022 after Moscow's invasion of Ukraine…

Konecranes Expands its Electrified Portfolio

Jun 11, 2024

Konecranes announced a number of Port Solutions portfolio launches that aim to reduce customers' carbon footprints across all stages of their operations.“Today’s launches reflect our strong commitment to continuous investment in digitalization…

DP World Announces Investments in Latin American Ports

Jun 11, 2024

DP World is making significant investments in its port terminals in Peru and Ecuador to enhance capacity and operational efficiency.Carlos Merino, CEO of DP World in Peru and Ecuador, said, “DP World remains committed to creating resilient and efficient logistics solutions…

APM Terminals Elizabeth Advances $5M Electrification Pilot Project

Jun 11, 2024

APM Terminals Elizabeth in New Jersey announced significant progress in its $5 million investment for its Electrification Pilot Project, made possible through a generous $1.4 million Diesel Emissions Reduction Act (DERA) grant from the U.S. Environmental Protection Agency (EPA)…

Hengyi Steps Up Fuel Oil Exports from Brunei After Refinery Fire

Jun 11, 2024

China's Hengyi has increased fuel oil exports from its Brunei refinery this month and has delayed loadings of other refined products following a fire at the plant in late May, according to several trade sources and ship-tracking data.The delivery…

Panama Canal to Increase Number of Booking Slots

Jun 11, 2024

The Panama Canal will increase the total number of vessels authorized to pass through the waterway to 34 per day following rains that have allowed water levels to recover, its authority said late on Monday.The new slots will be effective in July…

Logistics News

Lee Wise Named President of W.S. Darley & Co.

Lee Wise Named President of W.S. Darley & Co.

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

d’AMICO Orders Pair of Eco Design Vessels

d’AMICO Orders Pair of Eco Design Vessels

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Yemen's Aden Airport Closes As Saudi-UAE Rift Deepens
Europe stocks close at another record high as banks and miners lead
Sources say that the residuum fuel in Venezuelan tanks is almost non-existent as exports are nearly paralyzed.