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Panama Canal cuts daily transit slots due to El Niño
📰 Seatrade Maritime Alta 📅 2026-08-21 📍 Singapore en Clima · decarbonizzazione
The canal watershed has seen lower than expected rainfall and transit adjustments include auction slots
The latest news and developments from Panama, one of the world’s most important shipping nations. The canal watershed has seen lower than expected rainfall and transit adjustments include auction slots August 21, 2026 ThePanama Canalis reducing the number of slots available daily for transits of the waterway that links the Atlantic and the Pacific as the impact of El Niño starts to bite. From 3 September the number of slots available in the Neo-Panamax locks will be capped at nine and the Panamax locks at 25. From 15 September the number of slots for the Panamax locks will be reduced to 23. Normally the maximum number of daily transits of the canal is around 38 in total so from 3 September this will be reduced to 34 and to 32 in total from 15 September. “Despite the arrival of the rainy season in Panama, and the water-saving measures implemented by the Panama Canal to mitigate the adverse effects of the El Niño event, current watershed conditions, including below-expected precipitation in the Canal watershed, require additional action to support the long-term sustainability of transit operations,” the Panama Canal Authority stated. Related:Panama Canal sees increase in transits as El Niño impact looms Daily auction slots are also be adjusted into four groups in a move that the ACP said is designed to balance the allocation of slots with the groups as follows: Group 1:LNG, LPG Group 2:Dry Bulk Carriers, General Cargo, Others Group 3:Container vessels, Vehicle Carriers / ro-ro, reefer Group 4:Chemical Tankers, Crude / Product Tankers The price paid for auctions slots has already surged to as high as $4 million for a single transit in recent months as demand for Panama Canal transits has been high due to supply chain disruptions in other parts of the world. The canal authority said that individual customer limits for transits do not apply for auction slots and the Neo-Panamax locks full container ships with the highest capacity will be given priority in the booking process. Customer ranking will be used in the event of a tied bid. The latest measures announced for the Panama Canal will put further stress on supply chains already impacted by conflict in the Middle East and port congestion in Europe. Read more about: Marcus Hand Editor Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation. In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology. Marcus is the founder of theSeatrade Maritime Podcastthat delivers commentary, opinions and conversations on shipping's most important topics. Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Wind-Assisted Propulsion: Are we ready? at Seatrade Maritime Crew Connect Global 2024 IMPA 2024 SingaporeMaritime Procurement and Sustainability Panel, November 2024 Goodbye Globalization? Red Sea Impacts Reviewed,EGN Singapore (Executives' Global Network)webinar, February 2024 Offshore Marine Breakfast Forum atSea Asia 2023 Sustainable Finance, Shipping & Technology at Hong Kong Maritime Week 2022 Building & Operating Dual-Fuel Vessels, February 2022 Shipping’s Decarbonisation Challenge – The Role of Technology and Digitalisation at Hong Kong Maritime Week 2021 The Challenge Faced by Ship Registries in a Digital and Post-Pandemic Era, October 2020 The Future of Transhipment Hubs Post-Pandemic, November 2020 Offshore Marine Breakfast Forum at Sea Asia 2019 Marcus Hand regularly guests on mainstream media talking about maritime and shipping news stories. Below you'll find a list of selected appearances KBS World Radio -Korea24,May 2026 BBC News -Hindi Service,April 2026 RNZ -First Up, April 2026
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News.com.au: Viral video shows Amazon drone delivery chaos as package plunges into pool
📰 The Loadstar Alta 📅 2026-08-20 en
News.com.au reports: What was supposed to be a seamless, futuristic milestone in retail convenience ended in hi-tech chaos for one household when an Amazon delivery drone dropped a package into a backyard pool. Viral footage on TikTok shows the new large Amazon Prime Air hexacopter hovering low over a residential patio, believed to be in the US. As the aircraft lowered its load and released the parcel, it seemed that the wind blew the ... The post News.com.au: Viral video shows Amazon drone delivery chaos as package plunges into pool appeared first on The Loadstar .
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US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Says
📰 gCaptain Alta 📅 2026-08-20 en
The U.S. will impose "the toughest sanctions in history" on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran.
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Norway Boosts Defense Footprint with Expansion of Arctic Brigade
📰 gCaptain Alta 📅 2026-08-20 en
Norway expanded on Thursday a recently created military brigade headquartered in the Arctic, the latest move by a NATO nation to boost its defense footprint in the wake of the Ukraine war.
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Jason Statham goes full Die Hard at sea
📰 Splash247 Alta 📅 2026-08-20 en
Jason Statham’s latest action movie, Mutiny, puts the British hardman aboard a containership packed with mercenaries, with much of the maritime action filmed not on a studio set but aboard an actual 30-year-old feeder. Statham plays Cole Reed, a former special forces operative and cop turned private security contractor who is framed for the murder …
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'Rumore per Tania', in trecento ricordano il caso della 39enne uccisa da ex - ANSA
📰 ANSA Alta 📅 2026-08-20 it
'Rumore per Tania', in trecento ricordano il caso della 39enne uccisa da ex ANSA
"Facciamo rumore perché il silenzio protegge chi fa del male. Facciamo rete perché solo insieme possiamo proteggere chi ha bisogno. Amiche, sorelle, compagne di banco, conoscenti... denunciamo". Chi con i fischietti, chi con le chiavi, chi semplicemente battendo furiosamente i piedi sulla pedana in acciaio già pronta per la Sagra dell'Assunta: in 300 questa sera a Camponogara, nel Veneziano, hanno fatto rumore in ricordo di Tania Terrin, la 39enne uccisa dall'ex fidanzato Dino Keber che poi si è tolto la vita.Le dinamiche del femminicidio le accerterà l'autopsia, in programma per domani, e la magistratura farà il suo corso, ma intanto la comunità (circa 13 mila abitanti) è profondamente scossa: ieri persone di ogni età hanno aderito all'invito della vicesindaca, con delega alle Pari opportunità, Vania Trolese e dell'associazione 'Riviera Donna' con cui Terrin si era messa in contatto. Il suo nome figurava infatti nella chat di WhatsApp."Offriamo una spalla, un'opportunità per uscire insieme e attraverso questi momenti ci avviciniamo alle donne, che si confidano - ha detto la presidente Chiara Boscaro -. A loro dico di non farsi scoraggiare da questi eventi luttuosi perché hanno diritto a riappropriarsi della loro vita".Molto è stato fatto in materia di prevenzione, ma tanto resta da fare: "Un fenomeno che sta dilagando, dobbiamo intervenire in maniera diversa - ha spiegato il sindaco Antonio Fusato - a partire dalle scuole. Come Conferenza dei sindaci della Riviera ci troveremo al più presto dopo le ferie per discuterne".Lo sportello antiviolenza di Mira, che accoglie le donne vittime di violenza dei Comuni della Riviera, ha preso in carico da gennaio a luglio 39 nuovi casi. Un centinaio le donne seguite. Riproduzione riservata © Copyright ANSA Da non perdere Condividi
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Svelato ai raggi X il segreto della zanna del narvalo, unicorno del mare - 24zampe
📰 24zampe Alta 📅 2026-08-20 it
Svelato ai raggi X il segreto della zanna del narvalo, unicorno del mare 24zampe
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PLUS24 RISPARMIO - Il Sole 24 ORE
📰 Il Sole 24 ORE Alta 📅 2026-08-20 it
PLUS24 RISPARMIO Il Sole 24 ORE
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Nel 2025 i 'Dublinanti' in Europa erano 111mila, 36mila solo in Germania - ANSA
📰 ANSA Alta 📅 2026-08-20 it
Nel 2025 i 'Dublinanti' in Europa erano 111mila, 36mila solo in Germania ANSA
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Cavo Dragone sente Drapatyi, 'la sicurezza dell'Ucraina è la nostra' - ANSA
📰 ANSA Alta 📅 2026-08-20 it
Cavo Dragone sente Drapatyi, 'la sicurezza dell'Ucraina è la nostra' ANSA
Il presidente del Comitato militare della Nato, l'ammiraglio Giuseppe Cavo Dragone, ha avuto oggi il suo primo colloquio con il nuovo comandante in capo delle forze armate ucraine Mykhailo Drapatyi, congratulandosi con lui per la recente nomina. "Durante la nostra conversazione ho ribadito il continuo sostegno militare della Nato mentre l'Ucraina difende coraggiosamente la propria sovranità e integrità territoriale", ha scritto Cavo Dragone su X."In Europa e Nord America gli Alleati stanno aumentando la produzione nel settore della difesa, accelerando le consegne e assicurando la disponibilità degli equipaggiamenti necessari sia per proteggere i nostri cittadini sia per sostenere l'Ucraina", ha aggiunto. "Ho visto con i miei occhi il coraggio ucraino: soldati che tengono la linea con straordinario coraggio per le loro case, le loro famiglie e la loro libertà. La loro resilienza ci ricorda cosa c'è in gioco: non solo il futuro dell'Ucraina, ma la sicurezza di tutti noi", ha sottolineato Cavo Dragone. "È per questo che il sostegno degli Alleati conta così tanto e sta facendo davvero la differenza". "La sicurezza dell'Ucraina è la nostra sicurezza e continueremo a stare al fianco dell'Ucraina per contribuire al raggiungimento di una pace giusta e duratura", ha concluso. Riproduzione riservata © Copyright ANSA Da non perdere Condividi
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Trump Threatens Economic Isolation for Iran and Its Trading Partners
📰 gCaptain Alta 📅 2026-08-20 en
US President Donald Trump threatened Iran and its trading partners with economic isolation after months of military strikes and a maritime blockade failed to force Tehran to capitulate.
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Soaring Panama Canal Fees Drive a Nascent LPG Shuttle Trade
📰 gCaptain Alta 📅 2026-08-20 en
Exporters including Chevron Corp. are turning to ship-to-ship transfers to send liquefied petroleum gas from the US to Asia, an apparent change in strategy that comes as users of the Panama Canal grapple with congestion and record transit fees.
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Federal Labor Board Orders OSG and Alaska Tanker Company to Bargain With Deck Officers
📰 gCaptain Alta 📅 2026-08-20 en
The National Labor Relations Board has ordered two Saltchuk Resources tanker subsidiaries to recognize and bargain with the International Organization of Masters, Mates & Pilots (MM&P), following a long-running dispute...
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Transpacific Container Rates Surge as Carriers Cut Capacity
📰 gCaptain Alta 📅 2026-08-20 en
Global container spot rates rose for a second straight week as tighter capacity and resilient demand pushed Transpacific prices sharply higher, according to Drewry. The Drewry World Container Index increased...
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Sanctioned tanker hijacked in Gulf of Aden
📰 Seatrade Maritime Alta 📅 2026-08-20 en Clima · decarbonizzazione
Seamull hijacked by six armed people and redirected towards Somalia after hijacking off the coast of Yemen.
Seamull hijacked by six armed people and redirected towards Somalia after hijacking off the coast of Yemen. August 20, 2026 A product tanker has been hijacked in the Gulf of Aden around 136 nm east of Al Mukalla, Yemen. UKMTO said a tanker broadcast a distress call on VHF 16, saying they had been approached by an unauthorised vessel on their westbound transit of the Gulf. The status of the crew is not currently known. The agency cited military authorities as the source of the report. In an update, UKMTO said it had received confirmation that the ship had been boarded by six armed persons who had taken control of the vessel and redirected it toward Somalia. Maritime security firm Vanguard Tech identified the vessel as 2001-builtSeamull, also known asSibu 1. The Equasis database has the 32,000 dwt vessel as falsely flagged in Eritrea. TheUSOffice of Foreign Assets Control (OFAC) sanctioned the vessel — then flagged in Palau — in December 2025 for transporting Iranian petroleum products. The latest attack in the region follows the hijacking of 1,401 dwt general cargo ship Lutuf on 17 August off the coast of Somalia by eight armed persons. Related:How Iran is shaping the new navigational order in the Strait of Hormuz In its last advisory note on 18 August, JMIC expanded on the UKMTO report of theLutufincident, saying the crew was mustered to the citadel but the suspected pirates gained access and relocated the crew to the bridge. The suspected pirates were using AK-47 type weapons, it said. The JMIC advisory said there were five vessels being held in the Somali Coast and Somali Basin region: Palau-flagged product tankerHonour 25hijacked 21 April 2026, Saint Kitts and Nevis-flagged general cargo shipSward, hijacked 26 April, Togo-flagged product tankerEureka, hijacked 2 May 2026, Tanzania-flagged product/chemical tankerAsana, hijacked 17 July 2026, andLutuf. JMIC’s threat assessment for the Somali Coast and Somali Basin remained at Moderate in the advisory, meaning an attack is possible but not likely. Gary Howard Middle East correspondent Gary Howard is the Middle East Correspondent for Seatrade Maritime News and has written for Seatrade Cruise, Seatrade Maritime Review and was News Editor at Lloyd’s List. Gary’s maritime career started after catching the shipping bug during a research assignment for the offshore industry. Working out of Seatrade's head office in the UK, he also produces and contributes to conference programmes for Seatrade events including CMA Shipping, Seatrade Maritime Logistics Middle East and Marintec. Gary’s favourite topics within the maritime industry are decarbonisation and wind-assisted propulsion; he particularly enjoys reporting from industry events. Gary Howard regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars. Ports of Refuge: Strengthening Maritime Resilience, at Seatrade Maritime Logistics Middle East 2025 Debunking LEO and Cloud for Maritime Industry, December 2022 (watch on-demand recording) Making Data Work for Shipping at Seatrade ShipTech Virtual 2021 Is the Zero-Carbon Future a Slow Shipping Future?at Seatrade ShipTech Virtual 2021 Is Ship Finance Transforming Faster than Shipping?at Seatrade ShipTech Virtual 2021
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Zingaretti (Pd), 'il Governo rompendo la solidarietà europea ha fatto autogol' - ANSA
📰 ANSA Alta 📅 2026-08-20 it
Zingaretti (Pd), 'il Governo rompendo la solidarietà europea ha fatto autogol' ANSA
"Lo abbiamo sempre detto: il Governo italiano e il suo antieuropeismo ci avrebbero isolato e indebolito. Aver rotto la solidarietà europea è stato sbagliato e un grande autogol. A questo caos contribuiscono le nuove norme europee volute dai nazionalisti, contro cui abbiamo votato.Norme prima di tutto disumane, oltre che inutili nella gestione dei flussi migratori. Il nazionalismo non protegge gli Stati: li rende più soli e più deboli". Lo dichiara Nicola Zingaretti, capodelegazione Pd al parlamento europeo. Riproduzione riservata © Copyright ANSA Da non perdere Condividi
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Maritime Markets Bracing for Long-term Disruption in the Middle East
📰 gCaptain Alta 📅 2026-08-20 en
By Lori-Ann LaRocco – The strong undertow of political bluster, a lack of data, vessel attacks and the political calendar have transformed the flow of trade in the Middle East....
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FreightWaves: More than 7,000 jobs cut in new wave of closures
📰 The Loadstar Alta 📅 2026-08-20 en
FREIGHTWAVES reports: Layoffs and facility closures are mounting across U.S. freight, distribution and manufacturing networks, with more than 7,000 jobs affected by recently announced workforce reductions involving companies ranging from Tyson Foods and FedEx to Ryder, CJ Logistics America and Daimler Truck. The largest reduction comes from Tyson Foods, which is reportedly eliminating more than 3,000 jobs as it closes facilities in Joslin, Illinois, and Eagle Mountain, Utah. The food giant said ... The post FreightWaves: More than 7,000 jobs cut in new wave of closures appeared first on The Loadstar .
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Sanctioned Shadow Fleet Tanker Hijacked in Gulf of Aden and Diverted Toward Somalia
📰 gCaptain Alta 📅 2026-08-20 en
A U.S.-sanctioned product tanker has been hijacked in the Gulf of Aden and redirected toward Somalia after six armed men boarded and seized control of the vessel, marking the second...
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Cambiamento climatico, Pichetto: “Italia in ritardo, ma non dimentichiamo quanto già fatto” - ANSA
📰 ANSA Alta 📅 2026-08-20 it Aria · inquinamento
Cambiamento climatico, Pichetto: “Italia in ritardo, ma non dimentichiamo quanto già fatto” ANSA
(Teleborsa) – “Dire che sul clima questo Governo non abbia fatto nulla non corrisponde ai fatti. Sappiamo che dobbiamo fare di più, soprattutto sul fronte dell’adattamento, ma è importante riconoscere il lavoro svolto e gli interventi già in corso”. E’ quanto precisato dal ministro dell’Ambiente e della Sicurezza energetica, Gilberto Pichetto Fratin, ricordando che nel 2023 è stato approvato un Piano nazionale di adattamento ai cambiamenti climatici che individua 361 azioni e i relativi soggetti attuatori. “Non è un documento rimasto sulla carta: è il quadro nel quale si inseriscono gli interventi che stiamo realizzando”, sottolinea Pichetto, ricordando che sono stati finanziati numerosi interventi per la mitigazione del rischio idrogeologico, la sicurezza e gestione dell’acqua, la forestazione urbana, la depurazione e la lotta al consumo di suolo. Il Ministro ha poi citato gli interventi per le energie rinnovabili e l’efficienza energetica, sottolineando che “un altro capitolo centrale della transizione riguarda la riqualificazione energetica del patrimonio edilizio, che deve tenere insieme riduzione dei consumi e delle emissioni, trasformazione delle città e contrasto alla povertà energetica”. In questa direzione – ha spiegato – si muove il Piano Sociale per il Clima, che ha una dotazione di 1,95 miliardi di euro per il periodo 2027-2032 ed “interviene sul patrimonio di edilizia residenziale pubblica più energivoro e sulle famiglie più vulnerabili”. “Il cambiamento climatico ci impone oggi di aumentare ulteriormente il passo. Il caldo estremo, la siccità, la pressione sulla disponibilità idrica e la maggiore frequenza degli eventi estremi confermano che prevenzione e adattamento devono essere una priorità nazionale”, sottolinea Pichetto, aggiungendo “sappiamo che l’Italia ha un ritardo da recuperare e che servono ulteriori investimenti e una maggiore capacità di realizzazione. Ma dobbiamo anche evitare una lettura che cancelli ciò che è stato già avviato“.
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Rush to get cargo out of China keeps transpac peak going, says Freightos
📰 The Loadstar Alta 📅 2026-08-20 📍 Shanghai en
Transpacific container shipping rates remain high after the unusually early start to peak season, with tariff uncertainty and a rush to move cargo out of China helping sustain demand. Judah Levine, head of research at Freightos, told The Loadstar Podcast that transpacific rates had risen by around $4,000 per 40ft since late May, reaching approximately $7,600 to the US west coast and $9,000 to the east coast. “That’s early for peak season,” ... The post Rush to get cargo out of China keeps transpac peak going, says Freightos appeared first on The Loadstar .
Transpacific container shipping rates remain high after the unusually early start to peak season, with tariff uncertainty and a rush to move cargo out of China helping sustain demand. Judah Levine, head of research at Freightos, toldThe Loadstar Podcastthat transpacific rates had risen by around $4,000 per 40ft since late May, reaching approximately $7,600 to the US west coast and $9,000 to the east coast. “That’s early for peak season,” Mr Levine said, noting that rates had begun climbing in late May and accelerated in early June. He attributed the initial increase partly to external factors following the outbreak of war, including higher bunker costs after the closure of the Strait of Hormuz, but said demand had subsequently become the dominant driver. “Some of the timing of those demand swings are triggered by external events, and we have some supply issues thrown in for good measure,” he explained. A key factor on the transpacific has been tariff-related front-loading, said Mr Levine, pointing to the deadline for the US Section 122 tariff regime, under which a 10% global tariff was due to expire at the end of July, prompting importers to bring forward shipments amid fears of higher duties. He noted that the subsequent replacement tariffs had largely maintained the same duty level, potentially encouraging shippers to continue ordering while uncertainty persists over further tariff changes and ongoing Section 301 investigations. And the transpacific had proved more resilient than expected, he added, US west coast rates dipped by around $1,000 before rebounding, while east coast rates had remained close to their peak. Mr Levine said US ocean import projections from the National Retail Federation suggested September volumes could remain broadly level with August before declining in October. That could mean peak-season conditions persist into early September. “In terms of bookings, in terms of spot rates, that would mean we’re probably still in that peak,” he said. Container Trades Statistics CEO Nigel Pusey toldThe Loadstarthat H1 volume data supported the view that tariff concerns had triggered a significant rush of cargo, particularly from China. Transpacific volumes ex-Far East fell 3% in Q1 but rebounded 11% in Q2 – the first quarterly growth in the trade for at least six quarters. Mr Pusey explained that the increase was concentrated in April and May, with June broadly flat. Greater China-US volumes were down 12% in Q1, but surged 22% in Q2. “Interestingly enough,if you dig slightly deeper, it was all in April and May, because June was prettyflat. Butwhen you drill down underneath that,what’sprobably moreinteresting is thatGreater Chinato the US – not Canada and Mexico – was down 12% in the first quarter, but up a massive 22% in Q2. So that just shows you how whatever was going on, there was a big rush to get cargo out of China.” He said restocking had been taking place for more than a year amid tariff concerns, but the scale of the latest increase was more notable. “And just to reflect that, the price indexis up 42% for the whole of North America for the first six months, just off the basis of those twoboom months,” he added. Mr Levine highlighted that supply disruption was also supporting rates, with congestion following successive typhoons in the Far East affecting ports including Shanghai and Shenzhen. Listen to The Loadstar Podcast with Container Trades Statistics for more detail on H1 ocean freight dynamics:
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Hapag-Lloyd takes stake in Maersk’s Maasvlakte II terminal
📰 Seatrade Maritime Alta 📅 2026-08-20 en
Hapag-Lloyd cements Gemini Cooperation’s collaboration by taking a significant stake in APM Terminals' Rotterdam facility at Maasvlakte II.
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Hueneme advances ocean sustainability goals - Port Strategy
📰 Port Strategy Alta 📅 2026-08-20 en
Hueneme advances ocean sustainability goals Port Strategy
Welcome to portstrategy.com. This site uses cookies.Read our policy. 2026-08-20T12:40:00 The Port of Hueneme marked World Oceans Day with its fourth annual Sustaining the Seas Summit, bringing together maritime stakeholders to discuss ocean protection, sustainability and clean port operations Held on 18 August at the Channel Islands Maritime Museum in Oxnard, California, the event brought together port staff, environmentalists, maritime companies and community organisations for discussions focused on challenges facing the world’s oceans. Want to read more before deciding on asubscription? It only takes a minute to sign up for a free account and you’ll get to enjoy: Get more free contentsign up today Ready to subscribe?Choose from one of oursubscription packagesfor unlimited access! Site powered byWebvision Cloud
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B&H Worldwide strengthens aerospace logistics capabilities in Auckland
📰 The Loadstar Alta 📅 2026-08-20 en
PRESS RELEASE B&H Worldwide Expands Aerospace Logistics Operations in Auckland with New Airport Facility 20 August 2026 Auckland, New Zealand – B&H Worldwide, a global leader in aerospace and aviation logistics, has relocated its Auckland office and warehouse operations to a new facility in Mangere, Auckland, reinforcing its commitment to delivering specialist aerospace logistics services across New Zealand and the wider Asia-Pacific region. The new facility, located at Unit 3, 197 Montgomerie Road, Mangere, ... The post B&H Worldwide strengthens aerospace logistics capabilities in Auckland appeared first on The Loadstar .
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Everllence and Hudong-Zhonghua in joint LNG carrier propulsion development
📰 Seatrade Maritime Alta 📅 2026-08-20 en Clima · decarbonizzazione
The collaboration focuses on developing a high-efficiency hybrid-electric propulsion for LNG tankers
The collaboration focuses on developing a high-efficiency hybrid-electric propulsion for LNG tankers August 20, 2026 Everllence has signed an Engineering Design Agreement (EDA) withHudong-Zhonghua ShipbuildingforLNGcarrier development. The agreement focuses on the development of a 180,000 cubic-metre class LNG carrier equipped with Everllence's advanced DFE+ (Dual-Fuel, Electric+) propulsion system. Through the collaboration, both parties aim to enable and promote more environmentally friendly and efficient LNG shipping, particularly in response to the increasingly stringent emission requirements set by the IMO's Carbon Intensity Indicator (CII). This agreement builds on an existing partnership Hudong-Zhonghua and Everllence have previously worked on for the delivery of 10 conventional DFDE (Dual-Fuel Diesel Electric) LNG carriers. Song Wei, Chief Technical Engineer of Hudong-Zhonghua, commented: "Decarbonisation is an undeniable development trend in the shipping industry. Shipowners today face unprecedented challenges and uncertainties as they strive to achieve the goal of net-zero greenhouse gas emissions by 2050. We are very pleased to collaborate with Everllence on developing a high-efficiency hybrid-electric propulsion solution for LNG carriers, which will offer shipowners a broader range of viable options." Related:Lloyd’s Register lands latest floating gas conversion Dominik Thoma, Global Manager for LNG Cargo at Everllence, added: "In today's landscape, individual technology providers can only achieve marginal efficiency improvements on their own. To realise significant gains, close collaboration between shipyards and engine manufacturers is essential. Hudong-Zhonghua, as a market leader in LNG carrier construction, and Everllence, as a market leader in the design and manufacturing of four-stroke engines, together possess the combined capabilities to take propulsion systems to the next level." The signing of this EDA marks a strategic step forward in advancing LNG carrier propulsion technology, reinforcing both companies' commitment to supporting the shipping industry's energy transition through innovation and partnership. Hudong-Zhonghua has just commenced its capacity consolidation and upgrading project to address the robust market demand for large-size vessels and LNG carriers. Read more about: Nick Savvides Europe correspondent Experienced journalist working online, in monthly magazines and daily news coverage. Nick Savvides began his journalistic career working as a freelance from his flat in central London, and has since worked in Athens, while also writing for some major publications including The Observer, The European, Daily Express and Thomson Reuters. Most recently Nick joined The Loadstar as the publication’s news editor to develop the profile of the publication, increase its readership and to build a team that will market, sell and report on supply chain issues and container shipping news. This was a similar brief to his time at ci-online, the online publication for Containerisation International and Container News. During his time at ci-online Nich developed a team of freelancers and full-time employees increasing its readership substantially. He then moved to International Freighting Weekly, a sister publication, IFW also focused on container shipping, rail and trucking and ports. Both publications were published by Informa. Following his spell at Informa Nick joined Reed’s chemical reporting team, ICIS, as the chemical tanker reporter. While at ICIS he also reported on the chemical industry and spent some time on the oil & gas desk. Nick has also worked for a time at Lloyd’s Register, which has an energy division, and his role was writing their technical magazine, before again becoming a journalist at The Naval Architect for the Royal Institution of Naval Architects. After eight successful years at RINA, he joined Fairplay, which published a fortnightly magazine and daily news on the website. Nick's time at Fairplay saw him win theSeahorse Club Journalist of the Year and Feature Writer of the Year 2018 awards. After Fairplay closed, Nick joined an online US start-up called FreightWaves.
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