Latest News - page 35

 

Norris Joins Shipbuilder as New Marine Fabrication Vice President

Jan 06, 2025

Vigor announced that Mark Norris has joined the company as Vice President of Marine Fabrication, to be based in the company's Vancouver, Washington facility.Vigor is currently in production on the Maneuver Support Vehicle (Light), or MSVL, the U…

US Port Labor Talks to Resume on Tuesday

Jan 06, 2025

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association…

Additional Sanctions Possible for Russian Oil tankers

Jan 06, 2025

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.President Joe Biden's…

Philippines' Maritime, Air assets to watch China's 'monster ship'

Jan 06, 2025

The Philippines has deployed air and sea assets of its military and coast guard in its exclusive economic zone to monitor China's largest coast guard vessel, calling the ship's presence an act of Chinese 'intimidation, coercion and aggression'…

Baltic Index Snaps 5-session Winning Streak

Jan 06, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its five-session winning streak on Monday, pressured by weaker rates across capesize and supramax vessel segments.The index…

Ship Brokers: EU's clean fuel rules 'Inflationary'

Jan 06, 2025

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…

USCG's MERPAC announces Advisory Committee Meeting

Jan 06, 2025

The Office of Merchant Mariner Credentialing is hosting an intersessional meeting of the National Merchant Marine Personnel Advisory Committee (NMERPAC) subcommittee on task 24-3 Operator of Remote-Controlled Survey Vessels of 65' or less.The…

LNG Supply to EU Confirmed After End of Russian Supply

Jan 05, 2025

December 31, 2024, marked the end of the Russian gas transit agreement via Ukraine, and an extraordinary meeting of the EU’s Gas Coordination Group has confirmed that, thanks to efficient preparatory work, there are no supply security concerns in the EU…

PDVSA 2024 Oil Exports Climb in Choppy Year

Jan 03, 2025

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.As President Nicolas…

Green Technology & Alternative Fuel Uptake

Jan 03, 2025

Clarksons Research have today released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet…

Wärtsilä makes Dow Jones Sustainability Index Again

Jan 03, 2025

Technology group Wärtsilä has been included as an index component of the Dow Jones Sustainability Index Europe (DJSI) for the ninth consecutive time.The company was assessed based on its 2023 performance and was ranked within the top four per…

Great Lakes Limestone Trade Down in 2024

Jan 03, 2025

Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023.  2024’s loadings were below the trade’s 5-year average by 2.9 percent.Loadings from U.S. quarries decreased 3.4 percent from the prior year to 22…

Large Vessel Rates Firm, Baltic Index Rises

Jan 03, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth consecutive session on Friday, aided by firm capesize and panamax vessel rates.The index, which factors in rates for capesize…

Dockworkers, Employer Group to Restart Talks

Jan 03, 2025

The International Longshoremen's Association and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, according to a person familiar with the matter.Talks between the ILA, which represents more than 45,000 dockworkers across the U…

Great Lakes St. Lawrence Seaway System Issues Notice to Shipping

Jan 02, 2025

The Great Lakes St. Lawrence Seaway System as amended a Planned Outage at Lock 7.Mariners are advised of a revision to the preplanned closure at Lock 7 for the replacement of Gates 1 and 2. Due to environmental conditions, the closure will begin one day later…

Logistics News

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Panama Canal Vessel Transits Increase to 34 Per Day in April

Panama Canal Vessel Transits Increase to 34 Per Day in April

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Cavotec Signs $8.99 Million Shore Power Order

Cavotec Signs $8.99 Million Shore Power Order

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The Panama Canal Authority reports that the number of vessels transiting the canal has increased to 34 per day.
Egypt's Suez Canal considers reducing transit fees in order to attract traffic
Leasys, an auto leasing company, aims to double the fleet of its low-emission cars by 2026