Peter Sand, the chief analyst of Xeneta discuss recent trends in the container shipping market, from plunging spot rates to blank sailings.The container shipping market has enjoyed a prolonged historic, and somewhat unexpected bull run, as COVID…
Workers at South Africa's state-owned logistics firm Transnet will go on strike starting this Thursday over a wage dispute, two labor unions said, in a move that could halt the export of key minerals and other cargo.Transnet has been operating below capacity due to a shortage of locomotives…
The port of Rotterdam stakeholders will be able to participate and benefit from an untappable, multi-user quantum network for their critical communication systems.Several countries already experiment with quantum communication, but QuTech’s…
A self-propelled pontoon made entirely from standard scaffold components and fitted with a crane has been used for a project on the river Thames to install ladders, chains, and wooden fendering.This project sees yet another evolution of the…
Cyber attack attempts are becoming more common at U.S. ports and terminals, according to findings published this week by law firm Jones Walker LLP.The firm publicly released the findings of its 2022 Ports and Terminals Cybersecurity Survey, examining cybersecurity preparedness in U…
Crowley has completed the purchase of 42 acres in Salem, Massachusetts, the latest milestone toward the development of the state’s second major offshore wind port terminal.The Salem Harbor Wind Terminal is a public-private partnership between Crowley and the City of Salem…
Terminal operator COSCO SHIPPING Ports (Spain) Terminals, (CSP) has ordered 11 hybrid RTGs, with six machines for its terminal in Bilbao and five for their terminal in Valencia. The order was booked in Q3 2022. The value of the order is approximately €20 million…
Hapag-Lloyd AG and SM SAAM have signed a binding agreement under which Hapag-Lloyd will acquire 100 % of the shares of SAAM Ports S.A. and SAAM Logistics S.A. and thereby the entire company’s terminal business and associated logistics services…
About the Author: Captain Rahul Khanna is Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty. A marine professional with 26 years of experience within the Shipping and Maritime industry, Captain Khanna served more than 14 years on board merchant ships in all ranks…
AD Ports Group announced the arrival of the first international shipment at Mugharraq Port, one of the high-performing ports located within the Al Dhafra Region.This is the first shipment since Mugharraq Port was recognized as an international…
Mexico plans to build a liquefied natural gas (LNG) export hub worth between $4 billion and $5 billion in the Gulf of Mexico that will help serve European demand, President Andres Manuel Lopez Obrador said on Tuesday.The planned LNG facility in the port of Coatzacoalcos…
The U.S. Economic Development Administration (EDA) earlier this month awarded a $50 million federal grant to H2theFuture, a 25-organization partnership aiming to develop a new energy cluster in South Louisiana, spanning the clean hydrogen life cycle…
New loading equipment was recently delivered to Port Milwaukee for The DeLong Co., Inc. agricultural maritime export facility.The Made in America ship loader traveled more than 1,500 miles by barge from New Orleans, up the Mississippi and Illinois Rivers to Jones Island…
The Port of Los Angeles announced the release of $5 million in voucher incentives for zero-emission trucks to operate at the port. The move, which marks the first in a series of incentive programs that will be funded by the port’s recently enacted Clean Truck Fund (CTF)…
Japanese trading company Mitsubishi Corp said on Wednesday it had signed a memorandum of understanding (MoU) with the Port of Corpus Christi Authority of the United States to collaborate on large-scale production facility of fuel ammonia in Texas…
