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Latest News - page 318

 

Singapore Ammonia Bunkering Gets Reality Check from Port Authority, Industry

May 02, 2023

Top global ship fuelling hub Singapore is unlikely to be ready for ammonia bunkering by the end of this year, Singapore's Maritime and Port Authority (MPA) said, while industry players have also raised concerns about feasibility. The port authority's…

Bed Bath & Beyond Files Complaint with FMC

May 02, 2023

Bed Bath & Beyond Inc. has filed a complaint against Orient Overseas Container Line Limited and OOCL (Europe) Limited with the US Federal Maritime Commission (FMC).The company is seeking reparations for injuries it alleges resulted from the…

Impasse Remains Over Russian Grain, Fertilizer Exports

May 01, 2023

There is no progress in removing obstacles to Russian grain and fertilizer exports caused by the West's 'sanction strategy', a senior Russian diplomat in Washington said on Tuesday, ahead of the expiry of a deal safeguarding Ukrainian grain exports…

Pangaea Logistics Solutions Acquires More US Terminal Operations

May 01, 2023

Pangaea Logistics Solutions has entered into a deal to acquire marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida, and Port of Baltimore, Maryland, from Host Terminals, a wholly owned subsidiary of T…

Qube Enters the New Zealand Container Logistics Market

May 01, 2023

Australia-based logistics company Qube Holdings has acquired a 50% stake in New Zealand’s Pinnacle Corporation and 100% of Kalari.Pinnacle, a New Zealand owned and operated group of companies, operates both port-based and stand-alone facilities…

US Gulf Coast’s First Barge-to-ship Methanol Bunkering Completed

May 01, 2023

Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, announced the successful completion of the first ever barge-to-ship methanol bunkering on the U.S. Gulf Coast.The JV tankers Stena Pro Marine…

US LNG Exports Go Full Steam Ahead

May 01, 2023

U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound for Europe and rising volumes to Latin America, Refinitiv Eikon data showed on Monday.Following…

Toronto Kicks Off 2023 Cruise Season

May 01, 2023

PortsToronto welcomed its first cruise ship of the 2023 season on Friday, April 28. The Viking Octantis officially launched another record-breaking cruise ship season which will see 54 ships and more than 22,000 passengers visit Canada’s largest city between May and October…

Crimea Oil Terminal Set Ablaze by Drone Attack

May 01, 2023

A Ukrainian drone strike set ablaze a Russian fuel storage facility in the Crimean port of Sevastopol early on Saturday, sending a vast column of black smoke into the sky in the latest attack on the Russia-occupied peninsula.The city's Moscow…

Taiwan’s Port of Taichung Starts Work on Offshore Wind Support Infrastructure

Apr 30, 2023

Officials of the Port of Taichung (TIPC) in Taiwan have held a ground-breaking ceremony for the start of construction on Wharf Nos. 37 and 38 which will provide supporting infrastructure to the nation’s offshore wind industry.When completed…

Port of Valencia Puts Hydrogen Powered Truck Cab into Operation

Apr 30, 2023

The Spanish Port of Valencia (Valenciaport) has claimed a world first after it has commenced operation of a hydrogen-powered 4×4 truck at one of its terminals.The hydrogen-powered truck cab (tractor) started moving containers at the Grimaldi…

Brazil Bans Live Animal Exports

Apr 30, 2023

Brazil has banned the export of live cattle from all its ports.Reuters reports that federal judge Djalma Gomes’s ruling states: 'Animals are not things. They are sentient living beings, that is, individuals who feel hunger, thirst, pain, cold…

Indonesia to Allow Miners to Ship Copper Concentrate until 2024

Apr 30, 2023

Indonesia will allow miners Freeport Indonesia and Amman Mineral Nusa Tenggara to continue exporting copper concentrate until next year, despite a ban starting this June, to allow for their smelters to be completed, the mining minister said on Friday…

Comvex's 2022 Profit More than Triples as Ukraine Cargo Rises

Apr 28, 2023

Romanian port operator Comvex said on Friday its net profit more than tripled to 104.36 million lei ($23.24 million) in 2022, as the Black Sea port of Constanta saw a rise in Ukrainian grain exports and other cargo.Comvex, which is due to detail its rise in profit later on Friday…

Global Freight Shows Signs of Bottoming Out

Apr 27, 2023

Global freight volumes fell at some of the fastest rates for three decades earlier this year, but at the end of the first quarter showed signs of bottoming out.Volumes were down by -2.1% between December and February compared with the same period a year earlier…

Logistics News

Russian Oil Freight Rates Remain High Amidst Tanker Shortage, Black Sea Attacks

Russian Oil Freight Rates Remain High Amidst Tanker Shortage, Black Sea Attacks

Saudi Crude Oil Exports Rise in October

Saudi Crude Oil Exports Rise in October

Bureau Veritas Opens Cruise Excellence Center in Miami

Bureau Veritas Opens Cruise Excellence Center in Miami

Portchain Acquired by StormGeo, Advancing Just-in-Time Voyage Optimization

Portchain Acquired by StormGeo, Advancing Just-in-Time Voyage Optimization

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US airlines oppose China’s bid to increase flights
Zimbabwean businessman Chivayo who was close to the ruling elite killed in helicopter crash
Pentagon: Boeing has won the contract for next-generation US Navy fighters.