Latest News - page 325

 

Boluda Towage Starts Ops to Support German FSRU

Dec 30, 2022

Boluda Towage has started towing services at the German port of Lubmin for the first installation of a floating LNG storage plant.The Deutsche ReGas LubminLNG import terminal will become the first operational FSRU-based facility in Germany.…

Port of Oakland Box Volumes Slide in November

Dec 29, 2022

Container volumes through the Port of Oakland dropped in the month of November as both full imports and full exports fell compared to November 2021 and October 2022 volumes.Total loaded container volume declined 15% in contrast to November 2021…

New Lock at the Soo Reauthorized in WRDA 2022 at $3.219 Billion

Dec 29, 2022

U.S. Army Corps of Engineers, Detroit District New Lock at the Soo Project in Sault Ste. Marie, Michigan is reauthorized in the Water Resources Development Act (WRDA) 2022 on Dec 23, 2022. The project reauthorization amount is $3.219 billion…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

Port of New York and New Jersey Remains US' Top Container Port

Dec 28, 2022

The Port of New York and New Jersey has held onto the title as the United States’ busiest container port for a fourth consecutive month.In recent months, U.S. East Coast ports have reported elevated container volumes as trade diverts from the U…

Wanted: A Sea-change in Climate Finance for Oceans

Dec 28, 2022

The oceans are inextricably connected to the health of the planet, and of humans: they absorb up to 30% of annual greenhouse gas (GHG) emissions and 90% of excess heat, and over 3 billion people — almost half the global population — depend directly…

ONE Acquires Stakes in Three California Box Terminals

Dec 28, 2022

Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain…

Callan Marine Wins Contract to Dredge Houston Ship Channel

Dec 27, 2022

Galveston, Texas-based dredging contractor Callan Marine has been awarded a contract from the U.S. Army Corps of Engineers for pipeline deep-draft dredging of the Houston Ship Channel.Callan beat our four other bidders for the project to win the $13…

Port of Savannah’s Ocean Terminal Set for Upgrades

Dec 27, 2022

The Georgia Ports Authority Board has approved a plan to renovate and realign the docks at the Port of Savannah’s Ocean Terminal to better accommodate its expanding container operation.“For nearly 40 years, Ocean Terminal has been handling a mix of container ships and breakbulk vessels…

Port of Corpus Christi Gets $157.3 Million for Channel Improvement Project

Dec 27, 2022

The Consolidated Appropriations Act of 2023, approved by Congress in December 2022, includes project closeout funding of $157.3 million for the Port of Corpus Christi Ship Channel Improvement Project (CIP) for the U.S. Army Corps of Engineers (USACE)…

Galveston Mulls Adding Fourth Cruise Terminal

Dec 27, 2022

The Galveston Wharves and cruise company MSC Cruises are negotiating the development of a fourth cruise terminal at the Port of Galveston. The entities signed a non-binding memorandum of understanding (MOU) on December 7 outlining parameters…

Harlem Rocket to Collaborate with Raymarine

Dec 27, 2022

The Harlem Rocket, a new high-speed boat tour on the Hudson River along the famed Harlem and Upper Manhattan waterfront set to launch in the Spring of 2023, announced a sponsorship and collaboration with Raymarine. The Harlem Rocket, to be launched from the West Harlem Piers…

Second LPG Dual-Fuel VLGC for Astomos Named Lantana Planet

Dec 27, 2022

On September 16, a naming ceremony was held at Sakaide Works of Kawasaki Heavy Industries Ltd. for a new VLGC (very large gas carrier) that NYK will charter to Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company…

Ship Recycling Endures a Turbulent 2022

Dec 27, 2022

Like much of the world, one word adequately describes the ship recycling market in 2022: turbulent.According to GMS, prices reached decade long peaks above $700/LDT in the first quarter of the year before crashing back down by about $200/LDT…

Port of Oakland Debuts Zero-emissions Top Picks

Dec 23, 2022

Two, all-electric top picks are operating at the Port of Oakland as part of a demonstration project to create a zero-emissions seaport.  The Oakland Seaport has joined a select group of seaports to operate the green technology equipment. Only a handful of these innovative…

Logistics News

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

France Selects Five Ports for $300M Floating Wind Investment

France Selects Five Ports for $300M Floating Wind Investment

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

July Russian Oil Exports From Western Ports Fall Amidst Black Sea Attacks

Travis Niederhauser Appointed Company President at Phoenix

Travis Niederhauser Appointed Company President at Phoenix

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