Latest News - page 161

 

Three Industrial Projects for Le Havre Announced

Nov 07, 2024

The French government has selected winning proposals for a hydrogen import terminal, a renewable fuels facility and a lithium production factory to be built at the state-run port of Le Havre as part of an effort to attract industrial investment…

Alcoa Suspends Bauxite Liftings Juruti

Nov 07, 2024

U.S. aluminium maker Alcoa AA.N said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.This was the latest in a series of disruptions to hit the aluminium raw material supply chain…

10,000 Cadets Attend Sailors’ Society Virtual Conferences

Nov 07, 2024

Record-breaking numbers of cadets and ratings from across the globe have attended the 2024 Sailors’ Society’s cadet conferences.The four virtual interactive events held for North and South East Asia, Africa, and this month for the UK and Europe…

Philippines Confident in US Support under Trump

Nov 07, 2024

The Philippines expects U.S. policy in the Indo-Pacific and support for its treaty ally amid South China Sea tensions to remain steady under Donald Trump, driven by bipartisan resolve in Washington, its ambassador to the U.S. said on Thursday…

Commodities Weigh Trump Win, Tariff Threats

Nov 07, 2024

Commodities reacted with trepidation to the election of Donald Trump to a second term as U.S. President, with most losing ground over fears the global economy will be hit by a new tariff war.The downbeat reaction was in stark contrast to U.S…

GHG Emissions cut 55% at Santa Clara Container Terminal

Nov 07, 2024

Wilson Sons certified a reduction of up to 55% in greenhouse gas emissions from Santa Clara Container Terminal cargo operations. Since the start of operations at Santa Clara container terminal in Rio Grande do Sul, over 32,000 tons of carbon have been cut down with inland navigation…

Friday Shipbrokers Arranges Transport of Car Carrier to China for Repair

Nov 07, 2024

Friday & Co. Shipbrokers completed a chartering deal between Boskalis and a Chinese charterer to transport the car carrier Floor (formerly Fremantle Highway) from the Netherlands to China. The project entails transporting the vessel — damaged…

CMB.TECH Profits Rise, VLCC Outlook Good

Nov 07, 2024

Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet.'From a supply-side perspective, the outlook for the tanker…

Port of Riga CEO Elected Chair of ESPO

Nov 06, 2024

The European Sea Ports Organisation (ESPO’s) General Assembly unanimously elected Ansis Zeltiņš as its new Chair.Zeltiņš has been CEO of the Freeport of Riga Authority, Latvia, since 2017 and has been involved in the maritime industry for 20 years…

Port of Los Angeles sees Record September, Best Quarter Ever

Nov 06, 2024

The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the previous year. It marked the close of the busiest quarter ever at the Port, which processed 2,854,904 TEUs in the last three months…

MSC’s Taluga Group Envisions Maritime Logistics Differently

Nov 06, 2024

As the Military Sealift Command (MSC) celebrates its 75th anniversary, it is looking to the future through the eyes of a forward-thinking “innovation cell” named for a ship from its storied past.  USNS Taluga (T-AO-62) was the first Navy replenishment…

Panama to Cancel Flags on US-sanctioned LNG ships

Nov 06, 2024

Panama's Maritime Authority said on Wednesday it has begun a process to cancel flags on four LNG vessels sanctioned by the United States over their links with Russian gas producer Novatek.The vessels North Air, North Mountain, North Way and North Sky…

Great Lakes Iron Ore Trade Falls in October

Nov 06, 2024

Shipments of iron ore on the Great Lakes totaled 4.5 million tons in October, a decrease of 12.3 percent compared to a year ago. Shipments were 10.1 percent below the month’s 5-year average.Year-to-date the iron ore trade stands at 41 million tons…

Hapag-Lloyd orders 24 Newbuild Boxships

Nov 06, 2024

Hapag-Lloyd has ordered 24 new container ships from two Chinese shipyards with a combined investment volume of about $4 billion, it said on Wednesday.Twelve ships, each with a capacity of 16,800 TEUs (twenty-foot equivalent units), will be built by Yangzijiang Shipbuilding Group…

Analysts: Trump Hardening Iran Policy Might Not Stem Flow to China

Nov 06, 2024

Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer…

Logistics News

US Begins Importing Iraqi Oil Through Syria

US Begins Importing Iraqi Oil Through Syria

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Aramco Offers Additional Crude Cargoes Amidst Houthi Threats

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Shipowners Pause Vessel Deliveries to Ukraine's Black Sea Ports

Port of Bilbao Sees Largest YoY Growth Since 2004

Port of Bilbao Sees Largest YoY Growth Since 2004

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