Latest News - page 143

 

New Tech to Monitor a Ship's Black Carbon Emissions

Jan 02, 2024

Green Instruments A/S and Danish Technological Institute have developed a real-time flue gas sensor technology - The Extinction-Minus-Scattering (EMS) measurement method - to accurately measure black carbon emissions from ships, a tech which…

ISS Takes Majority Stake in Leth Suez Transit

Jan 02, 2024

Inchcape Shipping Services has taken a major share of Leth Suez Transit Ltd AS (LETH). Under the new ownership structure, Otto Jervell, the CEO of LETH, will continue to helm the company as a part-owner.LETH, with its heritage starting in 1924 as a bunker supplier in Egypt…

New IMO Secretary-General Welcomes Era of Progression

Jan 01, 2024

The new IMO Secretary-General Arsenio Dominguez has released a video with his 2024 message to the industry, saying:“Here at IMO, we have a great trajectory of successes. But of course, we can always do more. I don't need to tell you how vital the shipping industry is for the world…

Burning Vessel Diverted to Dutch Harbor, Alaska

Dec 30, 2023

The US Coast Guard is continuing to assess a fire reported on the 410-foot general cargo vessel Genius Star XI off Dutch Harbor, Alaska.The vessel is carrying lithium-ion batteries, and the fire started on Christmas Day in cargo hold No. 1.…

Maersk Signs Methanol Bunkering MoU with City of Yokohama

Dec 28, 2023

A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical. The agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU…

Red Sea Shipping Workarounds Add Costs, Delays for Suppliers

Dec 28, 2023

Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute cargo away from the Suez Canal following militant attacks on vessels in the Red Sea.Suppliers for the likes of IKEA…

Port of València Approves Tender for New Container Terminal

Dec 28, 2023

The Council Port Authority of València has approved in an Extraordinary Board of Directors meeting the specifications that includes the legal and economic conditions for the tender of the new terminal located in the northern extension of the Port of València…

Great Lakes Bags $173.7 Million in New Dredging Contracts

Dec 28, 2023

Great Lakes Dredge & Dock Corporation on Thursday announced the receipt of five dredging contracts totaling $173.7 million. The projects are in Texas, New Jersey, Florida and Louisiana.The Sabine-Neches Waterway Channel Improvement Project-Phase 1 (Capital…

Oil Loadings Resume from Russia's Port of Novorossiisk After Storm

Dec 28, 2023

Oil loadings from Russia's Black Sea port of Novorossiisk have resumed after being suspended due to a storm on Dec. 27, two sources familiar with the matter told Reuters on Thursday.The port will likely be able to ship all the crude volumes scheduled for December…

Seas of Change: Ports at the Forefront of Energy Transition

Dec 28, 2023

Ports in the UK such as Aberdeen serve as vital gateways to the offshore energy supply chain, providing services from surveying and construction to operational support, maintenance and decommissioning for oil and gas platforms and renewable energy installations all around the UK coastline…

"Green" Loan Secured for Low-Emission Cruise Ship

Dec 28, 2023

Fincantieri signed a 'green' construction loan for a maximum amount of $461m with Intesa Sanpaolo (IMI Corporate & Investment Banking Division) and Cassa Depositi e Prestiti (CDP), the proceeds of which will be used to cover the financial needs linked to the construction of the Mein Schiff Relax…

Prysmian Commissions Inter-Array Cable System at French Offshore Wind Farm

Dec 27, 2023

Prysmian Group has commissioned the inter-array cable system for the Fécamp offshore wind farm, located in the English Channel, offshore France.The Fécamp offshore wind farm is composed of 71 wind turbines with a total capacity of nearly 500MW…

Singapore Sets Arrival Tonnage Record

Dec 26, 2023

The Port of Singapore has registered a record three billion gross tonnage (GT) in annual vessel arrival tonnage.The record was reached with the arrival of the 8,628 TEU, 98,799 GT Singapore-flagged container ship, ONE Olympus, at the Pasir Panjang Terminal on December 25…

Foreign Shareholders Suspend Participation in Russia's Arctic LNG 2 Project

Dec 25, 2023

Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday…

Lack of Arctic Tankers Puts Russia's LNG Development Dreams on Ice

Dec 22, 2023

Russia is hoping its shipments of liquefied natural gas (LNG) will offset a sharp fall in pipeline gas exports to Europe, but a shortage of gas tankers and sanctions hold back its plans, analysts and industry sources said.Russia wants to boost its share of the LNG market to 20% by 2030 from 8% now…

Logistics News

Georgia Ports, Konecranes Celebrate 30-Year Yard Crane Partnership

Georgia Ports, Konecranes Celebrate 30-Year Yard Crane Partnership

PPG Completes 100th Dry Docking Using Electrostatic Coating

PPG Completes 100th Dry Docking Using Electrostatic Coating

DP World, Asian Terminals Inc. Deploy First Fleet of Electric Internal Transfer Vehicles in the Philippines

DP World, Asian Terminals Inc. Deploy First Fleet of Electric Internal Transfer Vehicles in the Philippines

Alleged Breach of Supply Chain Protection for Sheep in Jordan

Alleged Breach of Supply Chain Protection for Sheep in Jordan

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IAG to expand Lisbon hub and invest in Portugal TAP
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Kinder Morgan, a pipeline operator, posts higher profits in the second quarter.