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Cosco Shipping Evaluating Impact of Peru's Lawsuit on Megaport Development

Mar 26, 2024

China's Cosco Shipping is evaluating the impact of a move by Peru's government to annual the exclusivity it holds over operations at the new Chancay megaport.Peru awarded exclusivity to Cosco Shipping to operate the port in 2021, but last week…

Ten Organizations Team Up on Guidelines for Combating Illegal Wildlife Trafficking

Mar 20, 2024

Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take…

Exxon, Enbridge Sued by Competitor

Feb 13, 2024

Exxon and Canada-based crude pipeline operator Enbridge were sued in Illinois federal court on Tuesday over claims they barred a competitor from building a terminal to ship oil by barge from the Chicago area to refineries in the Midwest and Gulf of Mexico…

2024 a Milestone Year for Maritime Single Window

Feb 01, 2024

2024 marks a milestone in the acceleration of digitalization in shipping that has been brought about by the mandatory requirements for a Maritime Single Window.The requirement under the Convention on Facilitation of International Maritime Traffic…

Congressmen Urge FMC to Finalize OSRA Provisions

Jan 26, 2024

Two U.S. Congressmen are urging the Federal Maritime Commission (FMC) to finalize the rule on demurrage and detention billing requirements required in their Ocean Shipping Reform Act that became law in 2022.The Ocean Shipping Reform Act was signed into law on June 16…

Bringing the Capital Construction Fund Program Ashore

Nov 16, 2023

On May 5, 2023, the White House announced that the Environmental Protection Agency (EPA) was “taking the next step to invest $3 billion in its Clean Ports Program to fund zero-emission port equipment and technology and to help ports develop climate action plans to reduce air pollutants…

OOCL Reports Scam Risk

Nov 15, 2023

Orient Overseas Container Line (OOCL) has reported that there is a suspicious investment software in the market that is using the OOCL logo without authorization.The software claims to offer high returns on investments. However, OOCL has no…

Marsh, Lloyd's, Ukraine Launch War Risk Ship Insurance to Cut Grain Costs

Nov 15, 2023

Insurance broker Marsh MMC.N, Lloyd's of London insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.Kyiv…

Animal Cruelty Charges Dropped

Nov 14, 2023

The animal cruelty charges that were brought against livestock export company Emanuel Exports have been dropped by prosecutors in Perth, Australia.Around 2,400 sheep died on the Awassi Express (subsequently renamed the Anna Marra) on a voyage from Fremantle to the Middle East in August 2017…

Putin Approves Transfer of State-owned Shares in Shipping Company to Rosatom

Nov 08, 2023

President Vladimir Putin signed on Wednesday a decree transferring to Russia's state nuclear power company Rosatom state-owned shares of the Far Eastern Shipping Company, parent company of transportation group Fesco.Fesco was formerly controlled by Ziyavudin Magomedov…

AAPA Urges Swift Adoption of Stauber Amendment

Oct 18, 2023

The American Association of Port Authorities (AAPA) has voiced strong support of Representative Pete Stauber’s (R-Minn.) amendment to the Transportation Housing and Urban Development (THUD) Appropriations bill which, if implemented, would restore…

Europe’s Ports See First Signs of Business Leakage

Sep 20, 2023

The European Sea Ports Organisation (ESPO) has reiterated its support for an emissions trading scheme (ETS) as instrument for greening the shipping sector, but expresses its serious concern about first signs of carbon and business leakage due to the limited scope of the current legislation…

Ukrainian, Turkish Foreign Ministers Say Black Sea Deal Must be Renewed

Aug 25, 2023

The Turkish and Ukrainian foreign ministers said on Friday that other solutions to the export of Ukrainian grain than the Black Sea grain deal, which ended after Russia quit last month, were less optimal.The deal brokered by Turkey and the United…

Spanish Police Make Record Cocaine Bust in Ecuadorean Banana Shipment

Aug 25, 2023

Spanish police have made a record cocaine seizure, finding 9.5 tonnes of the drug hidden among boxes of bananas in a shipping container from Ecuador in the southern port of Algeciras.The stash was the largest ever found in a single container in Spain…

German Government to Examine Finances of Private LNG Operator

Aug 17, 2023

The German government will examine the finances of Deutsche ReGas, the operator of a planned liquefied natural gas (LNG) terminal on the Baltic coast opposed by local authorities, it said in a response to a lawmaker seen by Reuters on Thursday…

Logistics News

Ports of Indiana Launches New Ohio River Terminal Operator

Ports of Indiana Launches New Ohio River Terminal Operator

Partners Creating Port Community System for Port of Constanta

Partners Creating Port Community System for Port of Constanta

Two Vessels Struck in Russian Attack on Odesa

Two Vessels Struck in Russian Attack on Odesa

DP World Moving Forward with $1.3 Billion UK Port Investment

DP World Moving Forward with $1.3 Billion UK Port Investment

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