Latest News - page 21

 

Philippines Receives First Near-Zero Emission RTGs

Feb 03, 2025

ICTSI’s Manila International Container Terminal (MICT) has taken delivery of eight hybrid rubber-tired gantries (RTGs) featuring near-zero emission technology.Manufactured by Japan's Mitsui Engineering & Shipbuilding, the RTGs are powered by…

Oil Tanker Tests Houthi Ceasefire

Feb 03, 2025

Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen's Houthis last year, sailed through the Red Sea this week, the Suez Canal said on Monday, in one of the first voyages since the militia announced a halt in attacks on ships not linked to Israel…

Trump Tariffs Aim to Close Loophole, Staunch Fentanyl Flow

Feb 03, 2025

In an effort to curb the flow of fentanyl and its precursor chemicals into the United States, President Donald Trump has issued new tariff orders against Canada, Mexico, and China, suspending a key duty-free exemption for low-value shipments…

Seaspan Energy Completes Canada's First Ship-to-Ship LNG Bunkering

Feb 03, 2025

Seaspan Energy (Seaspan) completed the first ship-to-ship LNG bunkering in Canada, which took place in the Port of Vancouver in the Upper Harbour. The Seaspan Lions performed the ship-to-ship LNG bunkering to a tanker at anchor, named after the twin peaks of the North Shore…

MMC Port Malaysian IPO Could Exceed $1.3B

Feb 03, 2025

MMC Port Holdings has hired CIMB and Maybank to work on an initial public offering (IPO) in Malaysia that could raise more than $1.34B, two sources with knowledge of the matter said.RHB and UBS have also been asked to help prepare the IPO, two further sources said…

Ultranav Starts Trial with Behavior Change Service Signol to Minimize CO2 Emissions

Feb 03, 2025

Even minor adjustments in daily operations can contribute to fuel savings and reduced emissions. To support these improvements, Ultranav is launching a 6-month trial with Signol – a behavior change service designed to encourage fuel-saving practices among crew members…

Tariffs Could Divert Canadian Aluminium to Europe

Feb 03, 2025

The cost of aluminium for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.U.S. President Donald Trump has…

Sanmar Secures Landmark Tug Contract with New Bulgarian Client

Feb 03, 2025

SANMAR signed a contract with PORT FLOT – BURGAS, one of Bulgaria’s leading towage companies, to build a multi-purpose tug to join its fleet, providing services in the Bay of Burgas.The new tugboat will be one of the Turkish tug-builder and…

EU-Chile Interim Trade Agreement Enters into Force

Feb 02, 2025

The EU-Chile Interim Trade Agreement (ITA) has entered into force, following the completion of Chile's ratification process. The ITA, which was signed in December 2023, is of key geopolitical importance, says the EU.It will boost the competitiveness of businesses on both sides…

VICT Orders Hybrid Container Carriers

Feb 02, 2025

Victoria International Container Terminal (VICT), ICTSI's operation at the Port of Melbourne, has purchased four new hybrid automatic container carriers (ACCs) from Kalmar.The new carriers, scheduled for delivery in 2025, will each feature a…

Trump's Tariff Directives Suspend Low-Value Shipments Loophole

Feb 02, 2025

President Donald Trump's new tariff orders against Canada, Mexico and China all contain clauses suspending a duty-free exemption for low-value shipments below $800 that is widely seen as a loophole that has allowed shipments of fentanyl and its precursor chemicals into the United States…

Rubio Pressures Panama over Chinese Businesses Near Canal

Feb 02, 2025

U.S. Secretary of State Marco Rubio on Sunday warned Panama's President Jose Raul Mulino that Washington will 'take measures necessary' if Panama does not immediately take steps to end what President Donald Trump sees as China's influence and control over the Panama Canal…

Summing Up the U.S., the Panama Canal and China

Feb 02, 2025

Some U.S. lawmakers and officials are touting a nearly half-century-old treaty between the United States and Panama to justify the Trump administration's threat to reclaim the Panama Canal - provided it can show the strategic waterway's operation is under threat…

U.S. Shipping Invests $150 Million in Great Lakes Region

Jan 31, 2025

With winter in full swing, the U.S.-flagged fleet of Lakers have tied up in ports across the Great Lakes region to perform critical maintenance before the navigational locks in Sault Ste Marie, Michigan reopen on March 25th.Hundreds of skilled…

US: China's Panama Canal presence "a security concern"

Jan 31, 2025

China's presence around the Panama Canal is a national security concern that Panama's government has to deal with, Mauricio Claver-Carone, the U.S. special envoy for Latin America, said on Friday, ahead of U.S. top diplomat Marco Rubio's visit to the country…

Logistics News

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

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US Army Corps targeting fall decision for Enbridge Line 5 tunnel
Ukraine's farm exports fell 23% month-on-month in April, according to lobby.
Four US LNG cargos diverted from Europe to Asia