Latest News - page 238

 

Egypt Seizes 18 Million Narcotic Tabs in Alexandria Port

Nov 21, 2022

Egyptian authorities seized more than 18 million narcotic tabs hidden in three containers in the Mediterranean seaport of Alexandria, the interior ministry said on Monday.The 34-tonne cargo was on board a ship that docked at the northern port in transit before departing to an unspecified country…

Large Vessels Require Extra Tug in Port of Rotterdam

Nov 21, 2022

Large vessels are required to have extra tug assistance due to tunnel construction work in the Scheur, the Port of Rotterdam Authority said.From November 12, seagoing vessels exceeding 140 meters long have requires a tugboat on the Scheur between…

The World Can Harness Trade to Save the Planet

Nov 21, 2022

Trade is a major cause of global warming. Think of all those goods travelling from far away on polluting ships – and raw materials and components whizzing across the world in complex supply chains.But the right trade policies can also do a lot to save the planet…

Chinese Exports to North Korea Surge in October

Nov 21, 2022

China’s exports to North Korea surged in 46.3% October from a month earlier, with foodstuffs including rice and sugar among the main items, though it shipped less COVID-related items except for rubber gloves, Chinese customs data showed on Sunday…

Container Traffic Suffers at Spain's Port of Valencia

Nov 18, 2022

International geopolitical and economic uncertainty is weighing on container traffic at the Port of Valencia, which reported a 7.7% drop (4,336,957 TEU) for the first 10 months of 2022.According to data from the Statistical Bulletin of the Port Authority of Valencia (PAV)…

Rail Expansion Completed at SC Ports' Inland Port Greer

Nov 18, 2022

South Carolina Ports Authority held a ceremony celebrating the completed rail expansion at Inland Port Greer, a logistics hub in Upstate South Carolina.The rail-served inland port facility opened in 2013, extending the Port of Charleston’s reach 212 miles inland with Norfolk Southern’s daily…

Inchcape CEO Frank Olsen Steps Down

Nov 18, 2022

Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1…

Fujairah Bunker Sales Slide 2% in October

Nov 18, 2022

Marine fuel sales at the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, slid 2% month-on-month in October as demand slowed.Total sales volumes at Fujairah, excluding lubricants, were at 655,126 cubic metres (about 627…

Seymour Sun, Grouse Sun Garner Green Ship Award

Nov 18, 2022

Delivered in January 2022 and April 2022 respectively from Hyundai Mipo Dockyard in South Korea, the Seymour Sun and Grouse Sun are owned by NYK Bulkship Asia Pte. Ltd., were recognized recently with the 'Green Ship Award' at the Singapore Registry…

Cannelton Locks and Dam Primary Lock Chamber Reopens to Navigation Traffic

Nov 17, 2022

The 1,200 foot-primary chamber at Cannelton Locks and Dam on the Ohio River in Cannelton, Ind., officially reopened to navigation traffic, November 13, the U.S. Army Corps of Engineers (USACE) said.Due to scheduled maintenance and repairs, the 1200-foot primary chamber had been closed since July…

Backhaul Spot Rates Sink Below January 2020 Levels

Nov 17, 2022

The collapse in spot rates on fronthaul trades has caught the headlines, but shippers on certain backhaul trades have seen equally large drops, with some trades having seen spot rates fall for much longer than on the fronthaul and have fallen below rates in January 2020…

Ukraine Lacks Viable Plan B to Boost Grain Exports Via Rail, Road or River

Nov 17, 2022

Ukraine has few viable options currently to boost grain exports by rail, road or river barge anytime soon if a United Nations-brokered deal with Moscow to export by sea runs into trouble.Ukraine is one of the world’s leading grain and oilseed…

Levesque Named President of CMA CGM America

Nov 16, 2022

French shipping group CMA CGM on Thursday announced it has appointed Peter Levesque to take over as president of CMA CGM America and American President Lines (APL) upon Ed Aldridge's retirement on December 6.Levesque is an international global…

Maersk Inks Green Methanol Supply Deal with US-based Carbon Sink

Nov 16, 2022

Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based Carbon Sink to secure a supply of green methanol for its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI),…

US Container Freight is Shrinking

Nov 16, 2022

Container freight volumes at the largest U.S. ports were down 3.8% in September compared with the same month a year earlier, confirming the slackening of merchandise trade and downturn in the business cycle.The ports of New York-New Jersey, Los Angeles…

Logistics News

Brazil Judge Rejects Maersk Request to Alter Port Auction

Brazil Judge Rejects Maersk Request to Alter Port Auction

First LPG Tanker Docks at New Texas Terminal

First LPG Tanker Docks at New Texas Terminal

HDR Announces New Global Maritime Director

HDR Announces New Global Maritime Director

ETS Expansion Risks Undermining UK Ports' Competitiveness

ETS Expansion Risks Undermining UK Ports' Competitiveness

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