Latest News - page 363

 

China Crude Processing Spikes to All-time High

Jun 24, 2021

Chinese refinery crude oil throughput has reached its highest level ever, with total processed volumes up 12% in the first five months of this year compared to 2020, and up 10.9% from the same period in 2019. In total 292.7m tonnes have been…

15 Companies make the cut in PortXL Maritime Acceleration Program

Jun 24, 2021

Fifteen companies from 11 countries were selected by a panel of industry experts, investors and entrepreneurs for the 6th PortXL acceleration program in Rotterdam. Starting in September, they will spend three months in Rotterdam. The PortXL…

Shipbuilding; NSRP Elects New Officers

Jun 24, 2021

The National Shipbuilding Research Program (NSRP) has announced the election of new officers to its Executive Control Board (ECB).Tom Perrine, Vice President of Engineering at Austal USA in Mobile, Ala. has been elected as ECB Chair for a two-year term…

S.Africa to Revamp Ailing Port System

Jun 22, 2021

South Africa's National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned freight logistics group Transnet, President Cyril Ramaphosa said on Tuesday, as the country tries to overhaul some of the world's worst-performing ports…

MPC Container Ships to Acquire Songa Container

Jun 22, 2021

MPC Container Ships ASA (MPCC) announced it has reached a deal to acquire fellow Norwegian-based container shipping company Songa Container AS for $210.25 million on a debt and cash free basis. The transaction is expected to be completed by the end of July 2021…

Mathiesen Joins VIKAND

Jun 22, 2021

Maritime medical operations and public health provider VIKAND Solutions announced the appointment of Agnes Mathiesen as Healthcare Solutions Integrator of VIKAND Direct for commercial shipping, effective immediately.Len Quist, VIKAND Senior Vice President and General Manager…

What Special Relationship? Canada Grimaces Amid US Trade Blows

Jun 22, 2021

After Prime Minister Justin Trudeau held a cordial first meeting with U.S. President Joe Biden in February, marking an end to years of battles with the Trump administration, a relieved Canadian official said, 'We feel we are off to the races here…

Enstructure to Acquire Patriot Ports

Jun 22, 2021

U.S. terminal and logistics company Enstructure announced it has entered into a definitive agreement to acquire Patriot Port Holdings LLC.  Patriot Ports, the ports division of Patriot Rail & Ports and a sister company of Patriot Rail Company LLC…

UK Union Plans July Strike at Oil and Gas Terminal

Jun 22, 2021

UK's Unite union's Scotland unit on Tuesday said talks to prevent industrial action at Sullom Voe Terminal have ended with no movement on the part of Shetland Islands Council (SIC) to resolve the dispute over a long service award.Unless the Council accepts liability…

Maine Maritime Academy President to Retire

Jun 21, 2021

William J. Brennan, president of Maine Maritime Academy, announced he will retire after the upcoming school year, capping off 12 years of service to the institution.“It is an exciting moment for me, but I really do have mixed emotions about the announcement…

ZIM Extends Agreement wih Alibaba.com

Jun 21, 2021

Israeli container shipping company ZIM Integrated Shipping Services Ltd. announced on Monday it has extend for two more years its cooperation agreement with the world's leading B2B eCommerce platform Alibaba.com, a business unit of Alibaba Group…

Lyttelton Port Company Orders Four Straddle Carriers

Jun 21, 2021

Lyttelton Port Company in Christchurch, New Zealand, has ordered four Konecranes Noell Straddle Carriers to expand its straddle carrier fleet in response to growing business. The new machines will be delivered towards the end of 2021. This order was booked in Q1 2021…

Weithman Named Director of Ports of Indiana-Mount Vernon

Jun 21, 2021

Ports of Indiana (POI) announced that it has hired Bernard (Ben) Weithman as the new Ports of Indiana-Mount Vernon port director.Weithman will lead port operations and business development for the Mount Vernon port. His industry experience includes more than 30 years in business development…

Freight Tech Startup Forto Raises $240 Million in Softbank-led Round

Jun 21, 2021

Forto has raised $240 million from investors led by Softbank (9984.T), the freight technology startup said on Monday, and will invest in expanding its platform for organizing trade shipments between China and Europe.The five-year-old Berlin…

New Compensation Offer Made Over Suez Canal Blockage

Jun 21, 2021

The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two weeks on Sunday to allow more time for negotiations…

Logistics News

Inch Cape Offshore Wind Farm O&M Base Starts Taking Shape in Scotland

Inch Cape Offshore Wind Farm O&M Base Starts Taking Shape in Scotland

Number of Transits Through Panama Canal Edged Down in August

Number of Transits Through Panama Canal Edged Down in August

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

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