Latest News - page 188

 

Port of Los Angeles Awarded $8 Million for Port Optimizer Technology

Jul 16, 2024

The Port of Los Angeles’ Port Optimizer™ technology data portal will receive a series of major enhancements, thanks to an $8 million grant from the California Governor’s Office of Business and Economic Development (GO-Biz).The award was the…

Number of Accidents on Ships Remains Consistent

Jul 16, 2024

Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the IMO by InterManager.The number of seafarers injured in falls has remained fairly consistent year on year, as has the number of injuries resulting from rescue and survival craft accidents…

Global Cruise Industry Sees Growing Demand, Wary of Port Protests

Jul 16, 2024

The global cruise industry expects to carry 10% more passengers by 2028 than the 31.7 million who took cruise holidays in 2023, when the sector surpassed pre-pandemic levels, but sees some routes exposed to protests over overtourism.Long criticized…

How Climate Change Can Affect the Global Supply Chain & Logistics Sector

Jul 16, 2024

Due to rising temperatures, droughts, floods and other climatic events, the logistics sector is requiring greater attention and adaptation from companies around the world. The potential for interruptions in the supply chain is sizeable and has become one of the sector's biggest concerns…

Spiraling Container Shipping Market Set to Peak

Jul 15, 2024

The dramatic spike in the ocean freight container shipping market is reaching its peak as importers push back against spiraling spot rates.Data released by Xeneta today, Monday, shows average spot rates from the Far East to US East Coast increased by 3…

Windward Launches Generative AI Solution

Jul 15, 2024

Maritime AI company Windward has joined the Amazon Web Services (AWS) ISV Accelerate Program and has collaborated with AWS to launch a generative AI solution. The solution leverages Amazon Bedrock to improve risk management for the shipping…

Holt Lock Closed Due to Stability Concerns

Jul 15, 2024

The Holt Lock on the Black Warrior River in Holt, Ala. is expected to be closed for as long as five more months after cracks and leaks were discovered within the lock infrastructure.The U.S. Army Corps of Engineers closed the lock on June 22…

CBP Cracking Down on Maritime Auto Theft

Jul 15, 2024

Each year, criminals try to smuggle countless stolen vehicles through U.S. ports, attempting to load them onto merchant vessels for destinations overseas.The U.S. Customs and Border Protection (CBP) has been cracking down on these efforts. During fiscal year 2023 (Oct…

US Army Corps of Engineers Names New Chief

Jul 15, 2024

The U.S. Army has selected Maj. Gen William H. 'Butch' Graham Jr.  to be its next chief of engineers and commanding general of the Corps of Engineers, Secretary of Defense Lloyd J. Austin III announced on July 10.Graham is currently serving…

US Importers Balk at Return of $10,000 Container Shipping Rate

Jul 15, 2024

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble.The Drewry…

New General Manager Appointed at San Antonio Terminal Internacional

Jul 14, 2024

San Antonio Terminal Internacional (STI) in Chile has announced that Andrés Albertini, the current commercial manager, will take over as general manager of the port terminal on August 1.Albertini holds a degree in industrial engineering with a major in mechanics from Universidad Santa María…

Italy's New FLNG Terminal to Be Operational by March 2025

Jul 12, 2024

Italy's gas grid group Snam SRG.MI said on Friday it expected a new liquefied natural gas (LNG) terminal to become operational by March 2025, allowing the country to diversify further its energy supplies.The floating terminal in the Adriatic…

New Cruise Terminal to Be Built in Port of Klaipėda

Jul 12, 2024

Lithuania's Port of Klaipėda said it is moving forward with plans to build a new cruise ship terminal following the conclusion of screening procedures for the assessment of potential environmental impacts.The Environmental Protection Agency…

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Jul 12, 2024

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this year, it said on Friday, firming the timeline for a project already delayed by six years due to protests by locals.The Vizhinjam…

Delft Students Cross North Sea on Self-Built Hydrogen Boat

Jul 12, 2024

On July 11, 2024, Dutch students from the TU Delft Hydro Motion Team arrived in Ramsgate with their self-built hydrogen boat, becoming the first to cross from the Netherlands to England with a fully hydrogen-powered vessel, making the nearly 169-km journey across the North Sea on a single tank…

Logistics News

EU Wheat Prices Drop 6% as Ukraine Discusses Shipping Protections

EU Wheat Prices Drop 6% as Ukraine Discusses Shipping Protections

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

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Kuwait's KPC signs a $16 billion lease-and-leaseback agreement with Blackstone, KKR and Brookfield to build an oil pipeline network
Saudi Arabia and Houthis fire at each other as air defences intercept an attack on a refinery
Five UK police officers are injured after a boat hits a bridge in London