Latest News - page 228

 

European Shipowners Welcome EU Climate Target Proposal

Feb 06, 2024

The European Commission has published its proposal for a 2040 climate target: greenhouse gas emissions must be reduced by 90% by 2040 at the latest, receiving positive feedback from European shipowners.The shipowners welcome the strong commitment…

Huisman Secures Port Order for Automated Stacking Cranes

Feb 06, 2024

Dutch manufacturer Huisman has entered the port and logistics market with the order for series of automated stacking cranes (ACSs) from Hutchison Ports ECT Rotterdam (ECT).The ACSs will serve for the efficient handling and buffering of containers…

Car Trade Restarts at US Northwest Terminal 46

Feb 05, 2024

Terminal 46 marked a significant milestone on Friday, February 2, as it welcomed the arrival of the Glovis vessel Silver Sky transporting automobiles destined for Canada.More than 2,500 automobiles discharged at Terminal 46, in The Northwest Seaport Alliance (NWSA) gateway…

Cruise Passenger Numbers Rebound at Port of New Orleans

Feb 05, 2024

The Port of New Orleans (Port NOLA) reports its cruise passenger numbers are back to pre-pandemic levels. The port said Monday that it finished calendar year 2023 with nearly 1.2 million cruise passenger movements and renewed commitments to…

Asia LNG Imports Are Robust, But Record Supply Keeps Spot Prices Muted

Feb 05, 2024

The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major exporters and signs that winter demand is easing in the top-importing regions of Asia and Europe.The spot price for LNG delivered to north Asia ended at $9…

Ingram Forms Material Handling and Supply Chain Subsidiary

Feb 04, 2024

Nashville-based Ingram Barge Company announced it has formed a new material handling and supply chain solutions subsidiary, Ingram Infrastructure Group.The move, fueled by the company's acquisitions of Inland River Transport Holdings (SCF) and NexStar Solutions…

Ulsan Hosts First Ship-To-Ship Methanol Bunkering Operation

Feb 04, 2024

The Korean Ministry of Oceans and Fisheries and Ulsan Port Authority have announced a world first with the completion of a ship-to-ship (STS) bunkering of green methanol to the 16,000 TEU container ship Ane Maersk at Ulsan Port, South Korea…

New Mechanism Planned for Ukraine Black Sea Grain Exports

Feb 04, 2024

Turkish President Tayyip Erdogan will discuss a new mechanism to allow Ukrainian grain exports through the Black Sea with his Russian counterpart Vladimir Putin during his upcoming visit to Turkey, Foreign Minister Hakan Fidan said on Sunday…

No New Import Bans in Next EU Russia Sanctions Package

Feb 04, 2024

The European Commission will not add any new import bans in its next package of sanctions on Russia, EU diplomats said, as a 13th package proposal takes its final shape.The Commission and European Union member states want to quickly pass a new…

Australian Livestock: Second Vessel Heads to Red Sea

Feb 02, 2024

A ship carrying 16,000 sheep and cows that turned back from the Red Sea due to the risk of attack off Yemen was stranded at an Australian port in a heatwave on Friday as the exporter sought to offload at least some of the animals into quarantine…

Red Sea Crisis Expected to Increase US Port Congestion

Feb 02, 2024

U.S. shipping industry stakeholders told the Transportation Department they 'expected increased congestion at some U.S. container ports in the next four to six weeks as shippers re-route cargo to avoid the Red Sea,' the department said on Friday…

Sanmar Delivers Tug to Turkey's Mersin International Port

Feb 02, 2024

Turkish tug builder Sanmar at the close of 2023 delivered a fifth tug to Mersin International Port, Turkey’s largest container port.Known as BOĞAÇAY LIX while under construction at Sanmar’s purpose-built eco-friendly shipyard, the newbuild multi-purpose Boğaçay Class tugboat…

ESL Revamps GALEX Service, Launches New Services

Feb 02, 2024

Effective February 14, 2024, ESL’s flagship GALEX service will provide direct connections between key Chinese ports and the newest addition – the dynamic Saudi Arabian maritime hub of Dammam. In addition, the modified port rotation reduces transit time between key ports in China and Jebel Ali…

ONE Trials Dual-Temperature, Controlled-Atmosphere Container

Feb 01, 2024

Ocean Network Express (ONE) has launched the world’s first dual-temperature refrigerated container equipped with controlled atmosphere functionality in collaboration with Pan Pacific International Holdings (PPIH) and NAX Japan.It is the world's…

2024 a Milestone Year for Maritime Single Window

Feb 01, 2024

2024 marks a milestone in the acceleration of digitalization in shipping that has been brought about by the mandatory requirements for a Maritime Single Window.The requirement under the Convention on Facilitation of International Maritime Traffic…

Logistics News

World’s Fastest Self-Unloader Ready for Simandou Project

World’s Fastest Self-Unloader Ready for Simandou Project

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

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Romania shoots down a third Russian drone as the president declares breaches to be 'intolerable.'
Kuwait's KPC signs a $16 billion lease-and-leaseback agreement with Blackstone, KKR and Brookfield to build an oil pipeline network
US Energy Department orders additional power resources for Western Electric Grid