Latest News - page 23

 

Ocean Aero to Continuously Monitor the Port of Gulfport Autonomously

Apr 30, 2025

On May 1, the Port of Gulfport will implement continuous autonomous subsea surveillance. Using Ocean Aero’s technology, the Triton AUSV, they will begin running ongoing scans using a variety of subsea payloads, including bathymetry, side-scan sonar…

BIMCO: Dry Bulk Market Supply and Demand Balance Will Weaken in Coming Years

Apr 30, 2025

The tariff increases by the US and China in effect as of April 25 are estimated to directly affect 4% of dry bulk ton mile demand. They are expected to impact the growth of minor bulk cargo volumes, as shipments to the US may stagnate or decrease…

HPC Finalizes Pre-Feasibility Study for Porto Fundo Terminal

Apr 30, 2025

HPC Hamburg Port Consulting (HPC) has successfully delivered a pre-feasibility study for the development of a bulk cargo terminal at Porto Fundo in Santa Cruz, Cabo Verde. Commissioned by Spanish infrastructure company COPISA, the study provides…

Charting the Evolving U.S Offshore Wind Landscape

Apr 30, 2025

Only four or five months ago, the U.S. offshore market seemed poised to embark on a phase of major expansion to become one of the world’s largest markets for offshore wind installations. How things have changed with the swearing in of the new Trump Administration…

LA Port Executive Director: Shipping Volume Will Plummet 35% Next Week

Apr 29, 2025

The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday.'It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs…

Maersk: All Trans-Pacific Sailings Maintained Despite Tariffs and Trade War

Apr 29, 2025

Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit downsising some vessels, despite the uncertainty caused by U.S. import tariffs and the trade war between the United States and China.German container…

Guangzhou Port Starts Shipping Route to Peru

Apr 29, 2025

China's Guangzhou Port, the largest shipping hub in the country's south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America…

StormGeo to Leverage AI for Enhanced Port Congestion Insights

Apr 29, 2025

StormGeo, a provider of maritime technology solutions, has partnered with the Finnish artificial intelligence (AI) analytics company Awake.AI to deliver AI-powered port analytics to its clients.StormGeo will promote and deliver Awake.AI’s advanced…

CMA CGM Welcomes its First Indian Flagged Vessel at Nhava Sheva Free Port Terminal

Apr 28, 2025

The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…

CMA CGM to Acquire Turkish Borusan's Logistics Subsidiary

Apr 27, 2025

French shipping giant CMA CGM's subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan's logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to a filing by the Turkish company…

China Watching CK Hutchison Ports Deal Closely

Apr 27, 2025

China's top market regulator said on Sunday it was paying close attention to CK Hutchison's planned sale of most of its port operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review.The sale by the Hong Kong conglomerate…

Death Toll from Blast at Iranian Port Rises to 40

Apr 27, 2025

The death toll from a powerful explosion at Iran's biggest port of Bandar Abbas has risen to at least 40, with more than 1,200 people injured, state media reported on Sunday, as firefighters worked to fully extinguish the fire.Saturday's blast took place in the Shahid Rajaee section of the port…

Mexico Expands Its Largest Port in Bet on Economic Growth and Global Trade

Apr 25, 2025

A massive expansion of Mexico's largest seaport is under way as Mexican authorities bet on positive economic growth and the strength of global trade despite the gloomy outlook sparked by U.S. President Donald Trump's trade wars.The Mexican government…

ESL Joins World Shipping Council

Apr 25, 2025

World Shipping Council (WSC) welcomed Emirates Shipping Line (ESL) as a new member of the Council. WSC represents over 90% of global liner shipping capacity, working with policymakers and stakeholder groups to shape the future growth of a socially responsible…

Just-In-Time Arrival: A Triple Win

Apr 24, 2025

There were 57 ships in the queue at the Port of Newcastle in Australia when the Pasha Bulker ran aground there in 2007.The coal ship was grounded for about three weeks before it was able to be towed away for repairs.The Pasha Bulker wasn’t the…

Logistics News

Melvin Resigns as President of South Carolina Ports Authority

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

Brazil Ships More Iron Ore to China, Competitors Lag

Great Lakes Dredge & Dock Takes Delivery of Hopper Dredge

Great Lakes Dredge & Dock Takes Delivery of Hopper Dredge

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

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