Ports News - page 19

 

Achilles acquires GRMS assets, Strengthens North American presence

Jan 07, 2025

Achilles Information Ltd (“Achilles”) announced that it has acquired the assets of Global Risk Management Solutions (GRMS), a provider of supplier risk management programs based in Irvine, California. This latest transaction builds on the success…

Baltic Index Falls Again as Capesize, Supramax Disappoint

Jan 07, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments.The index, which factors in rates for capesize…

Finland Recovers Anchor in Baltic Sea Cable Investigation

Jan 07, 2025

Finnish police said on Tuesday they had recovered a lost anchor from the seabed as part of an investigation of suspected sabotage against power and internet cables in the Baltic Sea.Finland last month seized the Eagle S tanker carrying Russian…

Shandong Port Group Bans 'US-designated' Vessels

Jan 07, 2025

Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from countries under U.S. embargo, three traders said…

RAK Ports Become First PSMC-Certified in UAE

Jan 07, 2025

RAK Ports, a group of five ports located in the United Arab Emirates, has become the first in the region to achieve compliance with the Port Marine Safety Code (PMSC), the UK standard for port marine safety.Although RAK Ports operates outside of the UK…

US Port Labor Talks Resume with Spotlight on Automation

Jan 06, 2025

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association…

Amid Falling Suez Canal Revenue, Egypt to get $1.2 bln IMF Boost

Jan 06, 2025

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…

BoatUS' Sensenbrenner Appointed to NBSAC

Jan 06, 2025

Ted Sensenbrenner, BoatUS Foundation Director of Boating Safety, has been appointed by Director of Homeland Security Alejandro Mayorkas as a Representative to the National Boating Safety Advisory Committee (NBSAC).A coalition of recreational boating safety…

US Port Labor Talks to Resume on Tuesday

Jan 06, 2025

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association…

Additional Sanctions Possible for Russian Oil tankers

Jan 06, 2025

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, three sources with knowledge of the matter said.President Joe Biden's…

Philippines' Maritime, Air assets to watch China's 'monster ship'

Jan 06, 2025

The Philippines has deployed air and sea assets of its military and coast guard in its exclusive economic zone to monitor China's largest coast guard vessel, calling the ship's presence an act of Chinese 'intimidation, coercion and aggression'…

Baltic Index Snaps 5-session Winning Streak

Jan 06, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its five-session winning streak on Monday, pressured by weaker rates across capesize and supramax vessel segments.The index…

Ship Brokers: EU's clean fuel rules 'Inflationary'

Jan 06, 2025

European Union marine fuel rules, effective from Jan. 1 as part of efforts to cut emissions, will raise shipping costs, although firms with vessels that can run on alternative fuels, such as biodiesel and LNG, will benefit, two shipbrokers said…

USCG's MERPAC announces Advisory Committee Meeting

Jan 06, 2025

The Office of Merchant Mariner Credentialing is hosting an intersessional meeting of the National Merchant Marine Personnel Advisory Committee (NMERPAC) subcommittee on task 24-3 Operator of Remote-Controlled Survey Vessels of 65' or less.The…

Great Lakes Limestone Trade Down in 2024

Jan 03, 2025

Shipments of limestone on the Great Lakes totaled 28.3 million tons in 2024, a decrease of 3.9 percent compared to 2023.  2024’s loadings were below the trade’s 5-year average by 2.9 percent.Loadings from U.S. quarries decreased 3.4 percent from the prior year to 22…

Logistics News

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

Pembrokeshire College: Curriculum Development Manager Recognized for Contributions

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

USTR Port Fees Contrasted With Supply Growth Sound the Alarm for Car Carriers in 2026/27

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

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EU passes final hurdle to soften CO2 car emission targets
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Asian spot LNG prices are rising but Chinese demand is still muted