Latest News - page 158

 

Ukraine's Farmers Look to New Black Sea Route to Boost Food Exports

Oct 23, 2023

Agricultural producers in Ukraine say a new Black Sea corridor could enable exports of up to 2.5 million metric tons of food a month, almost offsetting the impact of Russia's decision to quit a U.N.-brokered deal to allow grain shipments through the region…

Tanzania Inks Deals with DP World to Operate Dar es Salaam Port Berths

Oct 22, 2023

Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years, a deal that has previously been opposed by Tanzania opposition and rights groups.Plasduce Mbossa, director…

Australia Says 'Not Necessary' to Cancel Chinese Firm's Lease on Darwin Port

Oct 20, 2023

Australia said a security review of a 99-year lease held by Chinese company Landbridge on the northern port of Darwin, a key focus of its defense strategy, found it was 'not necessary to vary or cancel the lease'.In a statement, the prime minister's…

Strait of Hormuz: The World's Most Important Oil Artery

Oct 20, 2023

The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may…

Cavotec Wins €6.65 Million Shore Power Order

Oct 20, 2023

Cavotec reports it has signed a contract with one of the world’s largest shipping lines to supply shore power equipment for newbuild containerships.The €6.65 million order is for Cavotec’s PowerFit units, which are complete containerized solutions…

The Power of Offshore Molecule Production

Oct 20, 2023

Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen…

BEMAC, Mitsui Ink Deal to Acquire The Switch

Oct 20, 2023

BEMAC, as majority shareholder, together with Mitsui have entered into a share purchase agreement to acquire 100% of the shares of The Switch from Yaskawa Europe Holding AB (a wholly owned subsidiary of YASKAWA Electric Corporation).The Switch…

Ground Broken on ICTSI’s East Java Project

Oct 19, 2023

East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) business unit in East Java, Indonesia, hosted a groundbreaking ceremony on October 12 to showcase the development of a new gateway for the Lamongan…

Ministers Launch Review of Ireland's National Ports Policy

Oct 19, 2023

Ireland's Minister for Transport Eamon Ryan and Minister of State with responsibility for maritime transport, Jack Chambers today (October 19th) announced the commencement of the first phase of a public consultation for the review of the country's National Ports Policy…

Private Investment Needed to Scale Up Low-carbon Hydrogen Power - Wood Mackenzie

Oct 19, 2023

Considerable private investment is required to scale up the low-carbon hydrogen economy in the United States by 2030, a report by consultancy Wood Mackenzie said on Tuesday, adding that the $7 billion allotted by the U.S. Department of Energy (DoE) to regional hubs was a significant step…

It's Crunch Time for Brazilian Ports

Oct 19, 2023

Brazil’s commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time of the year when rains start to increase in southern ports, according to traders, analysts and shipping data.Exporters are reporting…

Shell Supplying LNG Fuel for MSC Cruise Ships

Oct 19, 2023

Shell LNG has completed the first bunkering of MSC Euribia in Rotterdam, under the agreement with MSC Cruises S.A for Shell Western LNG B.V. (Shell) to provide marine fuels for the line’s second LNG powered newbuild. MSC Euribia is currently operating in northern Europe…

Mississippi River Lowered Near Minneapolis for Dam Maintenance

Oct 19, 2023

The U.S. Army Corps of Engineers, St. Paul District, and the Minnesota Department of Natural Resources, have lowered the Mississippi River water elevations between Lower St. Anthony Falls and Lock and Dam 1, both in Minneapolis, from October 13…

Lies, Damn Lies, and Inextinguishable Lore – EV Fires

Oct 19, 2023

A few weeks ago I was talking to some professional fire fighters and was regaled with EV fire fighting disasters. They told me that EV caught fire all the time, that EV fires were much more dangerous than gasoline fires, and that fire trucks could not carry enough water to put out an EV fire…

Deutsche Bank Sets Emissions Targets for Shipping Clients

Oct 19, 2023

Deutsche Bank has set emissions reduction targets for loans to clients in the coal mining, cement and shipping sectors and now has a net-zero plan for 55% of its financed emissions, its chief sustainability officer told Reuters.A key funder to polluting sectors…

Logistics News

Israel Attacks Houthi Targets in Hodeidah Port

Israel Attacks Houthi Targets in Hodeidah Port

Britlift Launches New All-In-One Container Lifting System

Britlift Launches New All-In-One Container Lifting System

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

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Abu Dhabi passenger traffic increases 13% in the first half despite regional challenges
Bild reports that Germany plans to reverse the increase in air tax.
The rupee is weakening slightly as the dollar continues to soften.