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Registration Open for the 2021 Maritime Risk Symposium

Jul 13, 2021

The University of Houston’s College of Technology will host the 12th Annual Maritime Risk Symposium (MRS 2021), in collaboration with the National Academy of Sciences, from November 2-4, 2021, at the at the University of Houston’s Student Center-South…

KOTUG Training, AMC Search ink Partnership

Jul 13, 2021

KOTUG Training & Consultancy, the training and consultancy division of KOTUG, and AMC Search, the training and consultancy division of the Australian Maritime College (AMC) signed a memorandum of understanding (MOU) to establish a long-term strategic partnership…

AAL Shipping Delivers Four Cranes to Port of Oslo

Jul 13, 2021

Shipping firm AAL Shipping has recently delivered four of the largest rubber-tyred gantry cranes (RTGs) in its history to the Port of Oslo, Norway. The mobile cranes, measuring 36 m in height and 28 m in length, were transported from Taicang in China to Oslo on a single sailing aboard the 31…

US Maritime, Justice Agencies to Partner on Antitrust Issues

Jul 12, 2021

The United States Federal Maritime Commission and the Department of Justice Antitrust Division on Monday agreed to boost cooperation and communication in their respective oversight and enforcement responsibilities of the ocean liner shipping industry…

EEX Launches Dry Freight Index Showing Cost of Carbon

Jul 12, 2021

German energy exchange EEX on Monday launched a zero carbon freight index (ZCFI) which combines the bourse's dry freight and emission permits prices to show operators how accounting for carbon emissions could affect freights.Decarbonization…

UK Exports to EU Recover from Initial Post-Brexit Slump

Jul 12, 2021

British goods exports to the European Union rose to their highest since October 2019 in May, official data showed on Friday, reversing a slump at the start of 2021 when Britain exited the bloc's single market and customs union.Britain's government…

Suez Canal Posts Record $5.84 Billion Annual Revenue

Jul 12, 2021

Egypt's Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year, the Suez Canal Authority said on Sunday.The Authority also said the canal's revenues in the first six…

Ship Recycling Rates Approach $600/LDT

Jul 12, 2021

Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices and an increasing lack of available tonnage has invariably pushed sub-continent offerings on to previously unthinkable levels.Not since the boom year of 2008 have we seen levels quite so high…

Penfield Marine, Macquarie Group Execute Carbon Neutral Voyage

Jul 09, 2021

Tanker operator Penfield Marine and Macquarie Group’s Commodities and Global Markets division announced the execution of Penfield’s first carbon-neutral voyage in a collaboration that will enable Penfield Marine to offer environmentally differentiated freight products to its customers…

Lithuania Seeks Alternative Bids for LNG Import Terminal

Jul 09, 2021

Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.The Baltic state leases a floating storage and…

South Korea's Container Squeeze Throws Exporters into Costly Gridlock

Jul 09, 2021

Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair in the South Korean port of Busan to meet surging export orders for the car engine oil he sells to Russia.'China is the black hole in this shipping crisis…

Argentine Province Orders Ports Strike to Be Lifted

Jul 08, 2021

The government of Santa Fe province in Argentina late on Wednesday ordered port workers to suspend a day-old strike that had blocked grains shipments at the country's main agricultural export hub and mandated wage negotiations be resumed.Protests…

MSC Unveils New Miami Cruise Terminal

Jul 08, 2021

MSC Group's Cruise Division has signed a contract with Fincantieri for the construction of a new mega cruise terminal at PortMiami, a North America and the Caribbean cruise hub.The new terminal reflects an investment of approximately €350 million ($414…

Biden to Take Aim at Shipping Competition

Jul 08, 2021

President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive conduct and unjust fees in the rail and sea shipping industries to try to lower costs to consumers, the White House said on Thursday.It said his…

VIDEO: Ship Explosion Rocks Dubai's Jebel Ali Port. Fire Under Control

Jul 07, 2021

A fire caused by an explosion on a ship at Dubai's Jebel Ali Port, the Middle East's largest transshipment hub, has been brought under control, the government's Dubai Media Office (DMO) said on Wednesday.The explosion was a 'normal accident' in a container holding flammable material…

Logistics News

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

DNV 2050 Forecast Points to New Fuel Supply Challenges

DNV 2050 Forecast Points to New Fuel Supply Challenges

US State Department Expresses Concern Over Ban of Israeli Shipments in Spanish Ports, Airspace

US State Department Expresses Concern Over Ban of Israeli Shipments in Spanish Ports, Airspace

ABS AIP for Electric Propulsion Container Ship

ABS AIP for Electric Propulsion Container Ship

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