Maritime Magazine

Cosco acquires minority stake in Hamburg container terminal

Hamburg – Cosco Shipping Ports Limited (CSPL), the terminal subsidiary of the Cosco Shipping Group, has acquired a 35 percent minority share in the Hamburg container terminal Tollerort. HHLA expects the participation to strengthen the relationship with its Chinese partner, as well as long-term planning security for Container Terminal Tollerort (CTT) and secured capacity and […]

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More than 150 industry leaders and organizations call for full decarbonisation of global shipping

Copenhagen, Denmark– Full decarbonization of international shipping by 2050 is urgent and achievable. This is the clear message from more than 150 industry leaders and organizations representing the entire maritime value chain, including shipping, cargo, energy, finance, ports, and infrastructure. In conjunction with the UN General Assembly and ahead of critical climate negotiations at COP26 in Glasgow this November,

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Great Lakes St. Lawrence Governors and Premiers announce series of actions 

Chicago, Illinois – The Great Lakes St. Lawrence Governors and Premiers today announced a series of actions to protect the environment, promote sustainable economic growth, improve transportation and boost international trade.    “I’m proud of the bold agenda we’ve put forth to grow our economies while protecting the Great Lakes watershed that connects all of us,”

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TT Club underlines abandoned cargo risks under mounting supply chain congestion 

With supply chain congestion and widespread delays in the international container trades set to continue, the vexatious challenges of abandoned cargo will remain and probably increase. In its role as risk prevention advisor to the industry, TT Club has issued a StopLoss document to provide practical guidance on the issue to stakeholders across the supply

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(On our Forum) Critics question the climate crisis benefits of deep seabed  mining 

Image provided by: NOAA’s DeepCCZ project By Marta Montojo and Ian Urbina Few people have ever heard of the tiny country of Nauru. Even fewer ever think about what happens at the bottom of the world’s oceans. But that may soon change. The seafloor is thought to hold trillions of dollar’s worth of  metals and

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Los Angeles/Long Beach expand truck gate hours to ease massive congestion

The ports of Los Angeles and Long Beach, the biggest maritime complex in the United States have announced expanded night and weekend truck gate hours to reduce massive congestion that for 14 months has shown no signs of easing. The biggest maritime complex in the United States accounts for half of total U.S. imports from

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U.S. Coast Guard vessels unexpectedly encounter Chinese warships near Alaska’s Aleutian Islands

According to a report published by the Arctic Today daily newsletter, U.S. Coast Guard vessels spotted four Chinese warships conducting military and surveillance operations during a routine patrol near Alaska’s Aleutian Islands on August 30. The ships from the People’s Liberation Army Navy ventured as close as 46 miles to the Aleutian Islands, the Coast

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U.S. Great Lakes stakeholders elated over House of Representatives committee approval for 2nd heavy icebreaker

  By Leo Ryan, Editor Great Lakes maritime stakeholders are delighted over a surprise decision taken earlier this week in Washington: the House Transportation and Infrastructure Committee approved $1 billion for U.S. Coast Guard shore side infrastructure nationwide and $350 million in funding for a second heavy Great Lakes icebreaker as part of its budget

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QSL inaugurates its first facilities of its new multimodal handling terminal in the Sorel-Tracy IP Zone

 Sorel-Tracy – QSL, a world-class company specializing in port terminal operations, stevedoring, marine services, logistics and transportation throughout North America and anchored in the Sorel-Tracy region for over 30 years, inaugurated the brand-new facilities of its multimodal handling terminal in the Sorel-Tracy IP Zone, St. Lawrence sector.  These facilities mark the completion of phase 1 of

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QSL inaugurates multimodal terminal in Sorel-Tracy

Sorel-Tracy, QC – QSL, a world-class company specializing in port terminal operations, stevedoring, marine services, logistics and transportation throughout North America, and anchored in the Sorel-Tracy region for over 30 years, inaugurated on September 14 the brand new facilities of its multimodal handling terminal in the Sorel-Tracy IP Zone, in the Saint-Laurent sector.  These facilities

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