Latest News - page 256

 

Army Corps, Maryland DOT to Commence $4 Billion Chesapeake Bay Restoration Project

Sep 15, 2022

The U.S. Army Corps of Engineers (USACE), Baltimore District, and the Maryland Department of Transportation (MDOT) signed a Project Partnership Agreement (PPA) for the $4 billion Mid-Chesapeake Bay ecosystem restoration project at MDOT Headquarters…

Shoei Kisen Kaisha ink deal for Fleetwide install of NavFleet

Sep 15, 2022

NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japan’s largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japan’s largest shipbuilder…

German Coalition Divided Over Chinese Bid for Hamburg Port Terminal

Sep 14, 2022

Germany's ruling coalition is divided over whether to let China's Cosco take a stake in a Hamburg port terminal, government sources say, even as Beijing urges Berlin not to politicize the bid and the port authority warns this could hurt the economy…

US Government Makes Contingency Plans for Rail Shutdown

Sep 14, 2022

President Joe Biden's administration on Tuesday made contingency plans aiming to ensure deliveries of critical goods in the event of a shutdown of the U.S. rail system while pressing railroads and unions to reach a deal to avoid a work stoppage affecting freight and passenger service…

Italy Must Increase LNG Capacity in 2023, Eni CEO Says

Sep 14, 2022

Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia…

CEO in Focus: Allard Castelein, Port of Rotterdam

Sep 14, 2022

The Port of Rotterdam has blazed a path for ports globally in terms of automation, digitalization and decarbonization. As he enters the final year of his tenure, Allard Castelein, CEO, Port of Rotterdam, says there is still much work to do.While…

Digitalization: NAVTOR, Veracity by DNV Partner

Sep 14, 2022

NAVTOR signed an Integrated Partner agreement with Veracity by DNV, a deal intended to help shipowners and operators simplify reporting, enable sustainable shipping and unlock green finance.“Our ecosystem collects, aggregates and utilizes enormous amounts of business-critical data…

NVOCCs Caught in the Middle of Ocean Shipping Reform Act

Sep 13, 2022

NVOCCs are caught in the middle of the Ocean Shipping Reform Act of 2022 requirements for reporting demurrage and detention; FMC needs to pump the brakes and allow the industry to catch upThe Ocean Shipping Reform Act of 2022, passed by Congress without industry input and signed into law on June 16…

Vogel Promoted to Shareholder at Cozen O’Connor

Sep 13, 2022

Law firm Cozen O’Connor announced it has promoted 11 members to shareholder including Marine News contributor Jeff Vogel.Vogel focuses his practice on strategic and operational matters affecting the U.S. maritime industry and on government contracts across all industries…

Singapore Bunker Fuel Sales Steady in August

Sep 13, 2022

Marine fuel sales at the world's largest bunkering hub Singapore held steady at 4.12 million tonnes in August, with the number of vessel arrivals for bunkering little changed, official data showed Tuesday.Sales for low-sulphur marine fuels were steady to higher from the previous month…

Eastern China Ports at Standstill as Typhoon Muifa Closes In

Sep 13, 2022

Authorities in China's eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists from nearby islands, as one of this year's strongest typhoons is set to make landfall on Wednesday.Typhoon Muifa…

Witjens, Gorgels Tapped to Lead EST-Floattech

Sep 13, 2022

Maritime battery supplier EST-Floattech appointed Mark Witjens as Chief Executive Officer (CEO) and Joep Gorgels as Chief Financial Officer/Chief Business Development Officer (CFO/CBDO). Since its foundation in 2009, EST-Floattech has a track…

PASSER SIDC Aims to Double Production at New Plant

Sep 13, 2022

Norway’s PASSER Group AS acquired SIDC Group UAB in 2020 with the goal to transform the Klaipeda-based company into a full-service EPCI provider with complete control of the value chain. “The deciding factor for PASSER was that SIDC was a perfect match for their targeted development strategy…

Shipping Lines, Container Owners Struggle to Return Boxes to China

Sep 12, 2022

Shipping lines and container owners in North America (majorly in the U.S.) are finding it difficult to return containers to China. To add to the present challenges, the U.S. is also facing major trucking issues that are making cargo movement within the country difficult…

Markets: Ship Scrapping Perks Up

Sep 12, 2022

Following the sale of Capesize bulkers for recycling last week, the trend has continued this week as well, with further transactions reportedly taking place on units – including Capes and a Suezmax tanker, as the market finally shows signs of life after an absolutely inert summer…

Logistics News

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

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Lufthansa cancels its plans to purchase a stake in Air Europa
Expeditors reports positive results on increased freight volumes and customs fees
US wants to rename UN Aviation Program over 'gender.'