Logistics

Becoming a barrier to the progression of the Port of New Orleans’ ambitious $1.8bn container terminal project, the St. Bernard Parish District Attorney’s Office has lodged a sizeable lawsuit. Aimed at stymying the massive development endeavor, the suit argues that the terminal’s construction would wreak havoc on Violet’s harmony, unleashing significant environmental impact. Cross-Border Contention […]

A Significant Deal with a Major International Car Producer Norwegian car carrier giant Höegh Autoliners has inked a momentous five-year agreement for transporting cars from the US to the Middle East. Although the name of the client remains undisclosed, the company revealed that it is a “major international car producer.” The financial details of the

The Methanol Advance In a surprising turn of events, orders for methanol-fuelled ships surpassed those of LNG-fuelled vessels for the third consecutive month in July. These insights were provided by the classification society DNV. Martin Wold, an esteemed consultant in DNV’s Maritime Advisory business, highlighted a notable discrepancy; there were a mere 14 LNG-fuelled ship

Attacking Ukraine’s Lifeline Russia has once again targeted southern Ukraine’s strategic Odesa region, including the vital Danube River port of Izmail, with drone attacks. These strikes have hit the significant infrastructure used to facilitate grain shipments. This onslaught comes amidst the ongoing blockade of Ukrainian Black Sea ports by Russia. Ukraine’s defense ministry relayed the

In a pivotal move towards environmental sustainability, UK-based fuel supplier Standard Fuel Oils has spearheaded its entry into the marine sector with the successful supply of a biofuel bunker blend. The recipient of the landmark delivery was the Maas, a dredger belonging to Dutch maritime company, Van Oord. This eco-friendly fuel blend, transferred in Liverpool

In a surprise move in May, a Liberia-flagged oil tanker, dancing on Russia’s Ust-Luga port waters, loomed large with 100,000 tonnes of Urals crude oil. The oil was not for the heavyweight oil companies but on behalf of an obscure Hong Kong-based trading company – Guron Trading. But why and how? The unfolding story of

Setting the Sail: Tactical Termination and Rechartering Greek shipping giant, Euroseas, has made a strategic move by terminating the prevailing charter agreements for the Rena P and Emmanuel P container ships. To maintain the course, the company quickly drew up new charter agreements for these vessels. The 2007-built Rena P, a 4,250 teu ship, was

Zooming in on the simmering military unrest in Ukraine, which has encompassed attacks on the country’s dreary Black Sea ports and ensuing threats to shipping dynamics in the region, the United States is stepping up to the plate with a fresh round of sanctions.  Nuclear Economic Blow  The U.S. Departments of Treasury and State on

Navigating the Dry Bulk Shipping Storm A cloudy outlook hangs over dry bulk rates amid the raging economic storm, however, a silver lining has emerged. Thanks to an unprecedented surge in coal imports by China, the industry has not plunged into despair. The Asian superpower is projected to import a colossal 400 million tonnes of

World-renowned Hyundai Mipo Dockyard is set to make waves by entering a deal worth KRW 179 billion with the reputable Capital Maritime Group of Greece. Under stipulations, the South Korean shipbuilding giant will embark on the prodigious task of constructing two bespoke liquefied carbon dioxide (LCO2) carriers that measure 22,000 cubic meters. Pioneering a Revolution