8 Rivers Capital LLC announces memorandum of understanding between subsidiary Zero Degrees Whitetail 1 Ltd and Navigator Terminals to explore potential collaboration across the storage and transport of chemicals, gases and liquids in the UK including CO2, hydrogen and ammonia by ship. This comes in International Shipping Week as global attention turns the push for international shipping emissions to reach absolute zero by 2050, consideration must also focus on the ways in which the maritime sector can contribute towards a low carbon transition. Under the terms of the agreement, the ...

Ocean Conservancy releases a new report that makes the case for how major ports along the west coast of North America can lead the shipping industry’s transition away from fossil fuels to zero-carbon fuels such as green hydrogen and ammonia. Zero-Carbon for Shipping: sailing carbon-free along North America’s West Coast presents five case studies from along the west coast of North America that demonstrate how ports can create a zero-carbon shipping corridor that will leverage their combined influence to reshape the industry. The five ports featured in the new report ...

Stabilis Solutions Inc. (“Stabilis”) (NASDAQ:SLNG), a leading provider of energy transition services including liquefied natural gas (“LNG”) and hydrogen fueling solutions, and Port Isabel Logistical Offshore Terminal, Inc. (“PILOT” or the “Port”) in Texas and have entered into a Memorandum of Understanding (“MOU”) to facilitate the use of LNG as a marine fuel at the Port. This will be the third LNG marine bunkering location that Stabilis supports on the Gulf Coast. Under the terms of the MOU, Stabilis and PILOT will work together to provide turnkey LNG fueling solutions ...

Trade, import, and export for MSMEs: The government had last week announced that it will release Rs 56,027 crore in the current financial year against pending export incentives due to over 45,000 exporters, around 98 per cent of which were small exporters in the MSME category. The international shortage of shipping containers is having an impact on micro, small and medium exporters as well with freight rates jumping over 350-400 per cent in the past year for key locations including the US, Europe, Latin America, and Africa. According to experts, ...

Containerized cargo volumes continue to climb in 2021 as shippers seek uncongested gateways servicing key North American markets. In August, container volume through the Port of Mobile increased 34 percent over August 2020 volume, while year-to-date volume posted 27 percent over the same period last year. Part of that success is tied to a 37 percent increase in refrigerated containers due to nearly $74 million in refrigerated facilities investment at the Port to support cold cargo supply chains. In total, the Port handled 327,003 twenty-foot containers (TEUs) through August, and ...

Change of launch tariffs 17 Sep 2021, Novorossiysk, Russia Launch company Messrs. Odisseya has changed its tariffs for the CPC terminal at Novorossiysk with effect from 1 September. Read more » End of Monsoon Season 17 Sep 2021, Mormugao, India Fair Weather Season commencing at Mormugao Port, with vessels permitted to operate west of the breakwater. Read more » Pilotage requirement outside daylight hours extended 17 Sep 2021, Dardanelles, Turkey The rule that vessel traffic in both directions in the Dardanelles is only permitted with pilotage between the hours of ...

Recently, with a China-Europe freight train loaded with auto parts, electronic products, daily necessities and epidemic prevention materials leaving Wujiashan railway station in Dongxihu District of central China’s Wuhan. Wuhan witnessed the 10,000th China-Europe freight train to Germany’s Duisburg this year, according to The Construction Management Office of Wuhan Airport Economic and Technological Development Zone Comprehensive Bonded Logistics Industrial Park. The China-Europe freight train service, crossing thousands of miles, builds a bridge for economic and trade exchanges and cooperation between Hubei Province and countries along the route. China-Europe freight train ...

The railway already takes out of the race 160,000 lorries a year with containers (calculated in TEUs, or units equivalent to 6.1-metre containers) that make the journey between the Port of Valencia and Madrid. A commitment to the use of the train from the Valenciaport facilities that will be reinforced by the rail motorway that will link the port area with the Spanish capital. The president of the Port Authority of Valencia (PAV), Aurelio Martínez, has valued the signing of the protocol that he signed yesterday with the president of ...

PortXchange Products B.V., the Netherlands-based digital solutions provider for predictable and sustainable shipping, has today agreed a five-year partnership with Greater Houston Port Bureau (“GHPB” or “Port Bureau”) for the adoption and further development of its proprietary PortXchange system, a collaborative vessel and terminal planning platform. In June 2020, PortXchange and the Port Bureau announced the first U.S. trial in Houston with more than 20 maritime companies involved in the Texas integrated chemical cluster. This trial was subsequently expanded to include the Port of Houston Authority (“Port Houston”), which has ...

Kalmar, part of Cargotec, has secured a large order for 15 medium electric forklift trucks from SEAC, a leading supplier of concrete products to the French construction industry. The forklifts will be deployed across SEAC’s 11 manufacturing facilities in France. The order was booked in Cargotec’s 2021 Q3 order intake, with delivery of the machines scheduled to take place during Q1 of 2022. With a lifting capacity of 17 tons, the Kalmar medium electric forklift trucks will offer SEAC all the performance of a powerful diesel truck but without emissions, ...

The queue of container ships waiting to berth at the Los Angeles/Long Beach port complex grew to a record 60 vessels as the ports remain inundated with import volumes during peak shipping season. There were 41 ships at anchor in the San Pedro Bay Sept. 15 while another 19 ships were stationary in the nearby drifting zone, according to cFlow, Platts trade flow software. The vessel queue has swelled well beyond the 40 ships from the last import surge in February as the August-November peak season for restocking ahead of ...

Sri Lanka’s Hambantota International Port (HIP) has said in a statement on Wednesday that it is operationalizing a concept called “HIP Speed” to boost efficiency and momentum for all stakeholders. “We put this formula in place taking into consideration the opportunities that will emerge in the coming year when supply and demand structures will change and trade routes will be reinvented,” Hambantota International Port Group (HIPG) CEO Johnson Liu said. “The Hambantota Port is well placed on the global maritime map for growth and investment, and this formula is to ...

A container ship said to be the largest in the world has left a UK port after dropping off thousands of containers. The Ever Ace docked in Felixstowe, Suffolk, early on Sunday morning on her maiden voyage. The 400m-long (1,300ft) ship has a capacity for 23,992 standard containers, which is slightly more than similar-sized vessels. A spokesman for the Port of Felixstowe said 7,000 TEUs (20ft equivalent units) were offloaded from the vessel. He said a similar number of containers, which were mostly empty, were then loaded on to the ...

Amendment to tariff structure 16 Sep 2021, Dhamra, India As part of its yearly review and restructure, the tariff structure of Dhamra Port will be revised for vessels arriving on or after 15 October. Read more » Terminals re-opened after protest ends 16 Sep 2021, Libya The operation towers at Essidra, Ras Lanouf and El Hariga have confirmed that the protesters have ended their action and the terminals have re-opened. Read more » Updated E-Visa issuance regulations 16 Sep 2021, Indonesia Andhika GAC can assist in arranging for foreign crews ...

The ports of Houston, Galveston, Freeport and Texas City in Texas on Wednesday lifted the “yankee” status they had set ahead of Hurricane Nicholas, which made landfall on Monday, allowing the resumption of inbound vessel traffic, the U.S. Coast Guard said. Nicholas passed through the Texas coast on Tuesday on its way to Louisiana, causing minor floods and leaving over 400,000 customers without power. But electricity providers had restored service to almost three-quarters of the houses and businesses affected by Wednesday. Freeport was one of the areas hit by the ...