Latest News - page 384

 

Argentina Port Workers to Spend Christmas on Strike

Dec 24, 2020

Argentine oilseed workers and grains inspectors said on Wednesday they will spend Christmas on strike, further bogging down agricultural exports by extending a work stoppage that started on Dec. 9.The latest offer from the CIARA-CEC chamber…

Jiasheng Gas to Build $380M LNG Terminal in Jiangsu, China

Dec 24, 2020

China's Jiasheng Gas Co Ltd, an independent gas distributor, has agreed an engineering and construction deal to build a 2.5 billion yuan ($380 million) liquefied natural gas (LNG) storage and receiving facility in east China, the Shanghai Oil and Gas Exchange and a company executive said…

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Dec 23, 2020

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned…

Global Cargo Logjam Deepens

Dec 23, 2020

Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture…

DP World to Build $1.1B Deep-water Port in Senegal

Dec 23, 2020

Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 billion, its biggest investment in Africa to date, the company said on Wednesday.DP World Dakar…

European Commission to Co-Finance Port of Algeciras LNG-Bunkering Vessel

Dec 23, 2020

The European Commission will co-finance the construction of the first vessel to be fully dedicated to liquefied natural gas (LNG) bunkering at the Port of Algeciras, Spain.The grant agreement was signed with Enagás and the Port Authority of Algeciras Bay on Tuesday…

Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay

Dec 22, 2020

Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis…

Port of Oakland Set to Receive New Cranes

Dec 22, 2020

Towering new container gantry cranes currently en route to the Port of Oakland will be the tallest ever at the California seaport, and rank among the largest in the U.S.Stevedoring Services of America (SSA) is investing in the three giant cranes…

IMO Condemns Charterers’ 'No Crew Change' Clauses

Dec 22, 2020

The head of the United Nations' shipping agency has spoken out against “no crew change” clauses in charterparties, stating such clauses exacerbate the dire situation of stranded seafarers and undermine the efforts undertaken to resolve the ongoing crew change crisis…

BIMCO’s Shipping Number of the Week: US imports Christmas Tree Lighting Sets Imports Up 3%

Dec 22, 2020

During the first 10 months of the year, the US has imported a total of 151.4 million sets of Christmas tree lights to decorate their homes this holiday season. Although that represents a 3% rise compared with the same period last year, the figure fails to match the record 189…

Argentina: More than 100 Grains Cargo Ships Delayed by Port Workers Strike

Dec 22, 2020

More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors and oilseed workers stretched into its second week, paralyzing exports from one of the world's breadbaskets.Argentina is the No…

Atlas Incinerators Debuts X10 Titan Range

Dec 21, 2020

The new X10 Titan range from Atlas Incinerators is designed to save shipowners and shipyards money while shrinking their environmental footprint.For decades it has been customary to use steam, electricity or thermal oil to heat sludge oil prior to its incineration…

Groundbreaking Tech Unlocks Optimal Routing and Usability

Dec 21, 2020

End-users trialing the VoyOpt voyage optimization service say it beats the competition in terms of the number of data sources it aggregates, ease of use and bottom-line benefits.Fuel consumption is the leading cost driver in shipping and remains…

Drew Marine Launches Cargo Hold Solutions Lineup

Dec 21, 2020

Maritime servies firm Drew Marine announced it will launch a new cargo hold solution product segment, and that Alexandros Strigkos has been named as the Global Market Manager of the product segment.With its recent acquisition of CHEMO Hellas…

What Vaccine Distribution Planners Can Learn from Amazon and Walmart

Dec 21, 2020

The initial rollout of Pfizer’s COVID-19 vaccine has begun, and vaccines are shipping across the U.S. Demand for COVID-19 vaccines will outpace supply for the foreseeable future. Yet experts have warned that a substantial proportion of these…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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Asian spot LNG price rises to two-week highest amid renewed demand
Panama-flagged ships must notify authorities of any ship-to-ship transfer
US Judge strikes down Trump Order against Law Firm Jenner & Block