Latest News - page 387

 

Germany's TES Accelerates Plan for Gas Import Terminal

Mar 30, 2022

Germany's Tree Energy Solutions (TES), backed by Belgian firm AtlasInvest, said on Wednesday it would accelerate plans for a gas import terminal to be built at the northern German port of Wilhelmshaven in partnership with E.ON.It said it was…

Europe Must Shut Ports to Russian Ships, Ukraine President Tells Norwegian Parliament

Mar 30, 2022

Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament on Wednesday.'The European Union, and I do hope so Norway, need to introduce the ban on Russian…

ZIM Strikes Deal to Charter Six 5,500 TEU Newbuilds

Mar 30, 2022

Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) on Wednesday announced a new charter transaction with a group of investors initiated by MPC Capital AG, according to which ZIM will charter a total of up to six 5,500 TEU…

Maersk Warns Shanghai Lockdown to Boost Shipping Costs Further

Mar 29, 2022

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China's intensifying efforts to fight the spread of COVID-19 further rattles global supply chains.The Chinese coastal city…

Corpus Christi Ship Channel Improvement Included in Biden's Spend Plan

Mar 29, 2022

The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget released Monday under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category.  The President’s…

FreightFlows Unveils Predictive Maritime Platform

Mar 29, 2022

Shipping intelligence firm FreightFlows said it has launched a Predictive Maritime Intelligence Platform focused on predicting near-term commercial ship operations. The launch coincides with the close of a $1.8 million seed round, led by Motion…

Port of Virginia Adds New Container Cranes

Mar 29, 2022

The Port of Virginia on Friday welcomed a pair of massive container cranes to Norfolk International Terminals (NIT) South, the final pieces of equipment needed to complete the South Berth’s $450 million optimization project.“These cranes will expand our lift capacity…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

Software Solutions: 'GO for SET' Aims to Make Choosing Software Simpler for Shipping

Mar 29, 2022

With a quagmire of digitalization and decarbonization options facing shipowners today, cutting through the smoke is increasingly difficult to find and implement the most efficient solutions. Launched today is a new, free-to-use Software Evaluation…

Clean Canaveral Completes Inaugural LNG Bunkering

Mar 28, 2022

The Clean Canaveral, a new liquefied natural gas (LNG) bunker barge operating along the coast of the southeastern United States, recently completed its inaugural bunkering in Jacksonville, Fla. The Clean Canaveral has a capacity of 5,500 cubic meters…

Cocaine Seized from Shipping Container in Tasmania

Mar 28, 2022

Authorities intercepted a shipment of cocaine from a shipping container at Bell Bay near Georgetown, Tasmania on March 16.Tasmania Police and Australian Border Force (ABF) are working to identify the source of the 15-kilogram cocaine seizure…

Savannah Harbor Deepening Complete

Mar 28, 2022

Dredging work to deepen Savannah Harbor has wrapped up, reducing tidal restrictions for mega-ships transiting the Savannah River to clear the way for expedited cargo movement.Dredging for the Savannah Harbor Expansion Project started in September 2015…

Markets: Volatility Remains in the Ship Scrap Market

Mar 28, 2022

It has been another challenging week in the sub-continent markets, with a resurgent India and a Bangladeshi market that is still reeling from some of the recent falls in local steel, which have seen nearly $50/LDT knocked off the prices this week alone…

Tech File: Foldable 'Workboat in a Box' Goes to Work for Bahrain Defense Force

Mar 28, 2022

The military force for the Kingdom of Bahrain purchased the self-propelled WorkFloat, a 12 x 6m WorkFloat platform which has the unique ability to fold up -- including all equipment -- and fit into a standard 40-ft. shipping container.The WorlkFloat platform is designed for a range of support tasks…

NYK Takes Delivery of Plumeria Leader Car and Truck Carrier

Mar 28, 2022

Japanese shipping company NYK last week took delivery of the Plumeria Leader, an LNG-powered pure car and truck carrier (PCTC).The vessel, delivered on March 24, was built at the Shin Kurushima Dockyard of Shin Kurushima Toyohashi Shipbuilding Co…

Logistics News

Oil Exports to Increase From Russia's Western Ports in August

Oil Exports to Increase From Russia's Western Ports in August

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

Lemissoler Navigation Names Bulk Vessel Pair

Lemissoler Navigation Names Bulk Vessel Pair

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

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Planemakers, repair shops and other businesses take measures to conserve aircraft window in a tight market
Sources say that Russia will increase its exports in August to Asia due to the strong demand.
India increases windfall tax on diesel and petrol