Latest News - page 213

 

Wallenius Wilhelmsen Sees Up to $10 Million Hit from Baltimore Disaster

Apr 03, 2024

Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company…

Bridges Can be Protected from Ship Collisions – An Expert on Structures in Disasters Explains How

Apr 02, 2024

The MV Dali, a 984-foot, 100,000-ton cargo ship, rammed into the Francis Scott Key Bridge when leaving Baltimore harbor on March 26, 2024, causing a portion of the bridge to collapse.In an interview, University of Michigan civil engineer Sherif…

Second Channel Opened Around Collapsed Baltimore Bridge

Apr 02, 2024

Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial shipping remains blocked by the collapsed bridge and stranded container ship that brought the structure down a week ago…

Van Oord Duo Dredging in the Prinses Amaliahaven in Rotterdam

Apr 02, 2024

Van Oord’s cutter suction dredger Biesbosch and trailing suction hopper dredger Vox Apolonia are teaming up to dredge the Prinses Amaliahaven located on Maasvlakte in Rotterdam, the Netherlands.A consortium of Van Oord, HOCHTIEF and Ballast Nedam has constructed 2…

Hans Olav Raen Appointed CEO of Yara Clean Ammonia

Apr 02, 2024

Hans Olav Raen has been appointed CEO of Yara Clean Ammonia effective May 1, 2024.Raen has until now been Business Director and heading OCI’s fertilizers business in Europe. He has more than 25 years of experience in the fertilizer industry…

New Container Yards Completed at Houston's Barbours Cut Terminal

Apr 02, 2024

McCarthy Building Companies, Inc. has completed a $31.5 million upgrade of the Barbours Cut Terminal Container Yards 4 North and 5 North for the Port Houston Authority. The project was part of a modernization program to increase cargo handling efficiency…

S.Africa Citrus Exports Set to Rise Despite Infrastructure Crisis

Apr 02, 2024

South Africa expects to increase citrus exports this year as younger trees begin to produce and help to offset the impact of infrastructure challenges and higher input costs, the national growers' association said on Tuesday.The world's second…

China, India Boost Seaborne Thermal Coal Imports as Power Demand Surges

Apr 02, 2024

China and India lifted imports of seaborne thermal coal to three-month highs in March as the world's two biggest buyers took advantage of lower international prices of the fuel to meet strong domestic power demand.China, the world's biggest coal producer and importer…

ClassNK Announces Executive Appointments

Apr 02, 2024

ClassNK has carried out a regular reshuffle of its full-time executives, underlining its commitment to charting the maritime industry’s shift through a period of significant transformation. President & CEO Hiroaki Sakashita and Senior Executive…

Port of Aberdeen Makes Progress on its Strategic Floating Wind Path

Apr 02, 2024

Port of Aberdeen has stepped closer to becoming a strategic hub for floating offshore wind, with its proposed South Harbour upgrade project progressing to Stage 2 ‘priority’ status in the Scottish Offshore Wind Energy Council’s (SOWEC) strategic investment model…

Phase 2 of Terminal 5 Modernization Project Unveiled in Seattle

Apr 01, 2024

SSA Terminals (SSAT/ST), a joint venture between SSA Terminals and Terminal Investment (TiL), and The Northwest Seaport Alliance (NWSA) have announced the opening of Phase 2 of the Terminal 5 Modernization Program.The expansion project has culminated…

AD Ports Group Extends its Reach to 46 Countries

Apr 01, 2024

AD Ports Group has issued its 2023 Annual Report highlighting significant expansion of its international footprint significantly in 2023, particularly following the integration of Noatum, a global logistics platform with a presence in 27 countries…

Pacific Basin Chooses Graphene-Based Propeller Coating

Apr 01, 2024

Dry bulk shipping company Pacific Basin has decided to apply a sustainable graphene-based propeller coating XGIT-PROP, developed by Canadian company GIT Coatings, across its entire fleet.Following successful application and observing positive results on one of its Supramax dry bulk vessels…

Trapped Vessels Start to Move Out of Baltimore Following Bridge Disaster

Apr 01, 2024

The U.S. state of Maryland has opened a temporary channel on the northbound side of the collapsed Baltimore bridge, allowing limited tug and barge traffic around the container ship stuck at the disaster site, Governor Wes Moore said on Monday…

Season's First 'Saltie' Calls Port of Duluth-Superior

Apr 01, 2024

The first 'saltie' of the 2024 Great Lakes shipping season entered the Port of Duluth-Superior on Monday,Oceangoing vessels that visit the Great Lakes are called 'salties'.This year, the first to call the Port of Duluth-Superior is the Portuguese-flagged Barbro G…

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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