Latest News - page 269

 

As Airlines Struggle with Demand, 'Car-Cations' Boom, Stena Line says

Jul 28, 2022

Stena Line reports that its travel business bouncde back in Britain and Ireland in 2022, with figures for the first half of the year show that passenger numbers are back to pre-pandemic levels, while car numbers in particular are far higher than in 2019…

Rio Tinto Inks Port JV with China-backed Consortium for Guinea's Simandou

Jul 28, 2022

Rio Tinto's Guinea subsidiary has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government, paving the way for work to resume on the world's largest undeveloped iron ore project.The joint venture (JV)…

Staff Vote to Strike at UK's Biggest Container Port

Jul 28, 2022

Staff at Britain's largest container port, Felixstowe, have voted in favor of strike action in a dispute over pay, the Unite union said on Thursday, warning of huge disruption across the supply chain.The dockworkers join a growing wave of employees…

De Nora, N-KOM Ink BWMS Service Agreement Deal

Jul 28, 2022

De Nora Marine Technologies signed a formal service subcontracting agreement with Nakilat-Keppel Offshore & Marine (N-KOM), one of the largest shipyard and offshore repair facilities in the Middle East, located at Ras Laffan Industrial City…

Container Shipping Rates: Has the Peak Been Reached?

Jul 28, 2022

Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue to weaken – suggesting prices may have peaked. However, according to the latest Xeneta Shipping Index (XSI)…

Seafarer Shortage Stands in Way of Ukraine Grain Corridor

Jul 27, 2022

Finding enough seafarers willing to sail ships stuck inside Ukraine's ports is set to pose a major challenge to the proposed grains corridor designed to ease an international food crisis.Russia and Ukraine last week signed a deal to restart…

Great Lakes Announces New Leadership Appointments

Jul 27, 2022

Houston-based dredging contractor Great Lakes Dredge & Dock Corporation said it has appointed David Johanson to the position of SVP, Project Acquisition & Operations, and of Christopher G. Gunsten, P.E. to the position of SVP, Project Services & Fleet Engineering…

Emergency Dredging Planned for the Murderkill River

Jul 27, 2022

An emergency dredging project is set to begin and be completed by the end of August to restore navigability in the Murderkill River, the Delaware Department of Natural Resources and Environmental Control announced on Tuesday. Permitted by and with modification approvals from the U…

Vopak Reports Mixed Quarterly Results

Jul 27, 2022

Vopak's quarterly revenues and core profit beat expectations on Wednesday but its net income fell short, as the Dutch tank storage company recorded asset impairment charges.The group reported a net profit of 53.5 million euros ($54.30 million) in the second quarter…

Ukraine Working to Prep Black Sea Ports for Grain Exports

Jul 27, 2022

Ukraine's navy confirmed on Wednesday that work had started at three Ukrainian Black Sea ports aimed at preparing for the resumption of grain exports.'In connection with the signing of the agreement on the unblocking (by Russia) of Ukrainian ports for the export of grain…

Kelleher to Succeed Tivnan as Ardmore Shipping CFO

Jul 27, 2022

Tanker owner/operator Ardmore Shipping Corporation on Wednesday announced the planned departure of its current chief financial officer Paul Tivnan and appointment of new CFO Bart Kelleher, effective September 28, 2022.Anthony Gurnee, Ardmore's chief executive officer…

Floating Oil Storage Stacks up in the Singapore Strait

Jul 27, 2022

The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise…

Port of Redwood City Commissioner Dodge to Retire

Jul 26, 2022

Richard Dodge, Commissioner of California's Port of Redwood City, announced he will be retiring at the end of July, after 42 years of port service. Dodge was originally appointed to the Board of Port Commissioners in 1980. His service is one…

Asian Investors Bet on Haifa Port as Israel Draws Closer to Arab Gulf

Jul 26, 2022

The city of Haifa is set to become an increasingly significant east Mediterranean shipping hub, with Chinese and Indian firms buying into its ports as Israel normalizes ties with its Gulf Arab neighbors under a U.S. diplomatic push.Earlier this month…

Port Report: Rotterdam Throughput Stays Strong Despite Russia Decline

Jul 26, 2022

The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segments, the war in Ukraine led to significant changes…

Logistics News

Ukraine Strikes Russian Port in Astrakhan

Ukraine Strikes Russian Port in Astrakhan

Panama Canal to Launch Tender for Two New Ports

Panama Canal to Launch Tender for Two New Ports

Port of Los Angeles Reports Busiest Month Ever

Port of Los Angeles Reports Busiest Month Ever

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

The Pasha Group Acquires Assets of MacMillan-Piper LLC, Tacoma Transload LLC

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