The Scottish government may be closing in on a deal to lease the brand new ferry Spirit of Tasmania IV from the Tasmanian government for the purpose of housing refugees, according to Australian media. The controversial arrangement would provide an interim commercial charter for the ferry, which cannot be put to its intended use […]
Costamare which calls itself one of the leading owners and providers of containerships and dry bulk vessels for charter announced a plan to split its operations into two publicly-traded companies. The move reverses a strategy launched just four years ago to take the long-time containership owner into the dry bulk segment. The company has […]
A Bulgarian bulker has rescued 34 fishermen from a burning vessel off the coast of Sri Lanka, according to the shipowner. Eleen Armonia, a 2008-built bulker owned by Eleen Marine, was under way from Singapore to the Cape of Good Hope when the crew spotted smoke from a burning vessel at a position about 500 […]
Twelve days after the containership MSC Baltic III (33,767 dwt) lost power and was driven ashore in Canada during a winter storm, the Canadian Coast Guard reports the vessel cannot be safely refloated. Weather continues to hamper the efforts of the Coast Guard and a private salvage team with the latest update reporting they are […]
The U.S. Coast Guard has ordered a container terminal in San Juan, Puerto Rico to stop handling ammonium nitrate – a dangerous cargo that can explode under the wrong conditions – until it installs proper firefighting equipment. The Coast Guard has long had concerns about the Puerto Nuevo Terminal (PNT) facility’s alleged lack of […]
Yet another major U.S. offshore wind farm is being delayed with the executives citing the uncertainties created in the market since the election of Donald Trump. Portugal’s EDP Renewables reported as part of its earnings that it will be taking an impairment charge despite the fact its project off Massachusetts is fully permitted and while […]
Two of the UK’s labor unions are striking against tug operator Serco Marine which provides vital services to the Royal Navy at five bases across England and Scotland. The job actions and strikes began earlier this month and now a second union, Unite, reports that its members have also voted to start a series […]
On Thursday, the Senate Armed Services Committee held the first confirmation hearing for President Donald Trump’s nominee for the next Secretary of the Navy, the financier, political donor and art collector John Phelan. Phelan testified on his views of the Navy’s most urgent problems and fielded questions from committee members, providing detailed answers to questions […]
The European Commission presented its new Clean Industry Deal as the next ambitious step in a decarbonization strategy. The plan follows on from the FuelEU initiative that aims to reduce carbon emissions saying it will accelerate decarbonization while providing support to secure the future of European industry. The Commission said it is launching the […]
Kale Info Solutions (Kale) has partnered with El Dorado International Airport in Bogota, the largest airport by capacity in South America, to maximise its cargo operations through the transition to a digital air cargo community system. READ: First SAF deal in KSA El Dorado International Airport (BOG) in Bogota, Colombia, facilitates nearly 0.76 million metric […]
The 7th edition of air cargo Africa and the debut of transport logistic Africa concluded on a high note, cementing Kenya’s position as a strategic logistics hub. The event, hosted at The Sarit Expo Centre in Nairobi, welcomed over 4,100 attendees from 50+ countries, 150+ global brands, 450+ delegates, and 60+ expert speakers, marking its […]
AEROSPACE is a comprehensive solution for the aviation, defence, and space technology sectors, specifically tailored to provide swift, secure, and supervised parts and components logistics. READ: First SAF deal in KSA Mechanical failures, equipment malfunctions or technical issues discovered during scheduled maintenance, can all result in an aircraft having to remain grounded (Aircraft on Ground […]
