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Shipping News

 

Wallenius Takes Over Terminal Operations in Gothenburg

Jan 14, 2025

Wallenius Wilhelmsen has taken a strategic step to expand its logistics services by taking over the terminal operations in Gothenburg in Sweden.The Port of Gothenburg, the largest port in Scandinavia for vehicles, is strategically positioned…

DP World Shoots Over 100 Million TEU Capacity Mark

Jan 09, 2025

Port and logistics firm DP World has surpassed 100 million TEUs of container handling capacity across its global portfolio since inception.The achievement has been made possible due to over $11 billion in strategic investments and infrastructure development over the last decade…

Crowley Makes Harbor Services Acquisition

Jan 02, 2025

Crowley expanded its harbor services capabilities through the acquisition of Main Line Inc., a vessel mooring company based in Seattle, effective January 1, 2025.Main Line is a longtime provider of vessel mooring services in the Pacific Northwest for ship operators…

WSC Elects New Chair

Jan 01, 2025

The World Shipping Council (WSC) Board of Directors has elected Soren Toft, CEO of MSC Mediterranean Shipping Company, as the new Chair of the World Shipping Council Board.“It is an honor to step into the role of Chair for the World Shipping…

DP World Starts Construction of New $1.2B Port in Senegal

Dec 18, 2024

The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…

Optimizing Port Arrivals Could Slash Voyage Emissions

Dec 08, 2024

A new study by UCL and UMAS, which analyzed ship movements between 2018-2022, found that optimizing port arrivals to consider port congestion or waiting times could reduce voyage emissions by up to 25% for some vessel types.The average potential…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Dec 04, 2024

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.Annual power use in Pakistan, which gets over a third of its electricity from natural gas…

As Greeks Strike, Ships Stop Moving

Nov 20, 2024

Ships docked at Greek ports, and railway and bus services were disrupted on Wednesday as transport workers, hospital doctors, school teachers and construction workers joined a nationwide strike to protest squeezed living standards and demand higher pay…

Book and Claim Registry Launched

Nov 14, 2024

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) are launching Katalist, a not-for-profit ‘book and claim’ registry designed to accelerate the shipping industry’s decarbonization journey…

CMB.TECH Profits Rise, VLCC Outlook Good

Nov 07, 2024

Belgian oil tanker company CMB.TECH posted third-quarter profit above market expectations on Thursday, powered by a long-term strategy of decarbonization and diversification of its fleet.'From a supply-side perspective, the outlook for the tanker…

Shanghai Braces for Typhoon Bebinca

Sep 15, 2024

Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949…

More Chinese Steel Enters India

Aug 21, 2024

India continued to be a net importer of steel during the first four months of the current fiscal year beginning April, with China as its biggest supplier of the alloy, according to provisional government data seen by Reuters.India imported 2…

Impact of the Houthi Red Sea Attacks on Shippers

Aug 16, 2024

Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports…

NYK inspires "Next Generation" onboard PCTC

Aug 16, 2024

NYK recently welcomed 33 elementary-school-aged students to Harmony Leader, an NYK-operated pure car & truck carrier (PCTC), as part of the city of Kawasaki's Marine Month.The students boarded Harmony Leader and toured the cargo holds, living quarters…

IMO Launches Toolkit to Curb Insider Security Threats

Aug 05, 2024

The IMO has launched a new toolkit that will help the global maritime industry respond better to ever-evolving insider threats.Insider threat refers to the risk that arises from a maritime employee carrying out or enabling a security incident…

Logistics News

EU Wheat Prices Rise As Black Sea Tensions Persist

EU Wheat Prices Rise As Black Sea Tensions Persist

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Export Prices for Russian Wheat Fall

Export Prices for Russian Wheat Fall

Russia Repurposes Fertilizer, Coal Terminals to Export Grain

Russia Repurposes Fertilizer, Coal Terminals to Export Grain

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Bangladesh increases fuel prices due to Middle East conflict
Saudi civil defence sends all-clear after danger warning for capital Riyadh
Malaysian regulator will ask publicly traded firms to submit El Nino plans and is looking for deeper Middle East relations