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Latest News - page 278

 

Commercial Ports Reopen in Wake of Typhoon Bolaven

Oct 11, 2023

Key commercial ports of Guam, Rota, and Saipan have been reopened in the wake of Typhoon Bolaven, the U.S. Coast Guard said.'This decision, effective at noon on Oct. 11, 2023, follows meticulous assessments conducted by our dedicated crews and trusted partners…

Israel Highlights Fragility of New Trade Corridors

Oct 10, 2023

A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. The India-Middle East-Europe Economic Corridor (IMEC), championed by Washington last month on the sidelines of the G20 summit…

Amazon Drought Chokes River Traffic, Threatens Exports

Oct 10, 2023

A severe drought choking major rivers in the Amazon rainforest has disrupted ship traffic near the region's biggest city and pushed up costs for northern shipping routes, raising risks for corn exports in coming months.The unusual heat and dryness…

Israel's Ashkelon Port Shut Down

Oct 09, 2023

Israel's port of Ashkelon and its oil terminal have been shut in the wake of the conflict between Israel and Islamist group Hamas, shipping and trade sources said on Monday.The port is located just over 10 kilometers (sox miles) from the border with the Gaza Strip…

Tecon Suape Terminal Secures Carbon-Neutral Certification

Oct 09, 2023

Tecon Suape, International Container Terminal Services, Inc.’s (ICTSI) business unit at the Suape Port and Industrial Complex in Brazil, has been certified as a carbon-neutral company in accordance with Associação Brasileira de Normas Técnicas…

Port of Brownsville Receives $11.5 Million Infrastructure Grant

Oct 09, 2023

The Port of Brownsville’s Cargo Dock 3 reconstruction project has secured an $11.5 million grant under the Texas Department of Transportation’s (TxDOT) new Maritime Infrastructure Program.On September 28, the Texas Transportation Commission…

TT Club Appoints Regional General Manager for APAC

Oct 09, 2023

Kamel Tlili takes up the role of Regional General Manager Asia-Pacific for international freight and logistics insurer, TT Club based in its Singapore office.Tlili joins TT after a period of six years leading British Marine’s P&I Underwriting Division in Asia at QBE…

Seaspan and AES to Partner on LNG Bunkering in Panama

Oct 09, 2023

Seaspan has signed a memorandum of understanding (MoU) with global energy company AES in collaboration mainly aimed at providing liquefied natural gas (LNG) bunkering services to shipping vessels crossing the Panama Canal, as well as exploring…

"Made in Sicily": $126M RoPax Ferry Ordered

Oct 09, 2023

A new ferry, fully owned by the Sicilian Region and entirely 'Made in Sicily', will carry out the connection service with Lampedusa and Pantelleria. The President of the Sicilian Region Renato Schifani and the CEO and General Director of Fincantieri…

Stolt-Nielsen Confirms Strong Third Quarter

Oct 05, 2023

Stolt-Nielsen Limited has reported unaudited results for the third quarter ending August 31, 2023 including a net profit of $90.1 million with revenue of $694.4 million.This compares with a net profit of $8.3 million, with revenue of $721.9 million…

New Cranes and Deeper Draft Boost Efficiency at APM Terminals Liberia

Oct 04, 2023

APM Terminals Liberia has commissioned two, Liebherr 600 mobile harbour cranes.The recently completed dredging of the Freeport of Monrovia, which has increased the draft to 12.5 metres, paves the way for larger and more economical gearless vessels…

Port of Los Angeles Names Deputy Executive Director of Development

Oct 04, 2023

Dina Aryan-Zahlan, a veteran Port of Los Angeles engineer and infrastructure development expert, has been named Deputy Executive Director of Development at the Port of Los Angeles. Aryan-Zahlan replaces Antonio Gioiello, who retired earlier this year…

Rio Brasil Terminal Welcomes COSCO’s ESE2 Service

Oct 04, 2023

Rio Brasil Terminal (RBT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Rio de Janeiro, recently handled the inaugural call of COSCO Shipping Lines’ Europe – East Coast of South America (ESE2) service.On September 15…

ECOsubsea raises $12m

Oct 04, 2023

A Series B financing round led by the Blue Ocean fund, managed by sustainable investor SWEN Capital Partners, reportedly raised $12m and will enable ECOsubsea, a Norwegian hull cleaning specialist to scale up its operations.While hull cleaning…

Glas Ocean Electric Snags DARPA Contract

Oct 04, 2023

The United States Defense Advanced Research Projects Agency (DARPA)  awarded Halifax, Nova Scotia, Canada-based Glas Ocean Electric a contract to develop and demonstrate a low-cost data acquisition system that can be easily installed on a range of vessels including fishing vessels…

Logistics News

Dry Bulk Market: Escalating Attacks Heighten Uncertainty

Dry Bulk Market: Escalating Attacks Heighten Uncertainty

San Pedro Bay Ports Release Clean Marine Fuels Report

San Pedro Bay Ports Release Clean Marine Fuels Report

Boluda Shipping to Acquire Samskip, Expanding Europe’s Short-Sea Network

Boluda Shipping to Acquire Samskip, Expanding Europe’s Short-Sea Network

MARAD Approves Deepwater Port License for $8.2b LNG Project

MARAD Approves Deepwater Port License for $8.2b LNG Project

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Poland suspects Starlink fire as a sabotage
Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
Increased security at US Fairford Air Base in England