The Port of Los Angeles continued it bounce back in volumes handling 60% more containers in February 2024 than it did in the same month last year.
https://www.seatrade-maritime.com/ports/port-los-angeles-container-volumes-60-feb
The Port of Los Angeles continued it bounce back in volumes handling 60% more containers in February 2024 than it did in the same month last year.
https://www.seatrade-maritime.com/ports/port-los-angeles-container-volumes-60-feb
U.S. liquefied natural gas exporter Venture Global LNG, which is involved in multiple legal fights with clients, has announced it is building a large fleet of LNG-powered vessels.
Venture Global’s fleet will include nine vessels. Six will have a cargo capacity of 174,000 cubic meters and three a cargo capacity of 200,000 cubic meters. The tankers are under construction in South Korea and will be delivered starting later this year. All nine ships will be primarily fueled by Venture Global’s...
COSCO Shipping adds four 400-metre-long giants to its Asia Mediterranean Service (AEM1), with Cosco Shipping Aries, first arrival on this week as the first 20,000-TEU vessel to call at Genoa on a regular basis, reports St Petersburg’s PortNews. On its maiden voyage in 2018, the ultra-large Cosco Shipping Aries was already the first 20,000-TEUer from China to call HHLA Container Terminal Tollerort (CTT) in Hamburg. Captain Wang Chunsheng and his crew will be the first to sail the 400-metre-long...
https://www.seanews.com.tr/cosco-makes-regular-genoa-calls-with-20-000-teuers/199883/
THE People’s Bank of China (PBOC), China’s central bank, is reducing barriers that face foreign visitors using the country’s mobile payment services, reports Caixin, The central bank, to revive the tourism, has guided major payment platforms including Ant Group’s Alipay and Tencent Holdings’ Tenpay – the operator of WeChat Pay – to increase the single transaction limit for foreign users to US$5,000 from $1,000, said PBOC deputy governor Zhang Qingsong. The maximum annual mobile payment limit...
https://www.seanews.com.tr/china-increases-transaction-limits-for-foreign-visitors/199885/
Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer…
https://www.marinelink.com/news/omsa-announces-new-board-members-512348
After overcoming attempts to block its mandatory takeover bid in the US and Europe, CMB has closed the deal and now controls 88.61% of Euronav’s shares.
https://www.seatrade-maritime.com/tankers/cmb-controls-8861-euronav-shareholders-cash-out-12bn
Singapore-based container line Ocean Network Express (ONE) has announced its inaugural European Union Allowances (EUA) transaction with BNP Paribas, a global bank and financial services company headquartered in Paris, France.
Commencing on 1 January 2024, under the regulations of the EU Emissions Trading System (ETS), the maritime transport industry has been included and shipping companies are mandated to monitor, report, and verify their greenhouse gas (GHG) emissions annually and this data...
https://container-news.com/one-completes-its-first-european-union-allowances-transaction/
With the conclusion of week 11, the ongoing and seemingly endless dearth in the supply of viable candidates has been mercifully keeping the Bangladeshi and Pakistani ship recycling markets steady, reports cash buyer GMS.“On the other hand, the…
https://www.marinelink.com/news/bangladesh-pakistan-ship-recycling-512345
The Port of Antwerp-Bruges released its bunker sales figures for the first time in years. The port released Antwerp sales data which goes back to 2015, while Zeebrugge sales are from 2016 onwards. The Port of Antwerp-Bruges’ combined sales might have reached their highest ever last year and were at...