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Rhenus, Seaway7 Extend Partnership

Rhenus Port Logistics in Rotterdam and Seaway7 said they have extended their partnership with a new 10-year contract.Already with 10 years under their belts, the companies have pledged to advance sustainability of their operations, through initiatives such as the use of electric cranes and forklifts, along with launching a pilot project for shore power.The project falls within the wider aim of the Port of Rotterdam to roll out shore power ... [+]

Yang Ming Plan Transpacific Networks for ’25

Ocean Network Express and Taiwan-based Yang Ming said they will introduce a transpacific service in February 2025.Japan-based ONE said it will deploy 16 weekly transpacific services, with an emphasis on end-to-end direct services and high schedule reliability. Yang Ming said it will participate in 13 ... [+]

Hub Port Performance Key for Gemini

The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transshipment hubs to support its new hub-and-spoke network, according to Drewry’s latest quarterly Ports and Terminals Insight report.While several of the terminals within the planned network reflect world-class operational ... [+]

MSC Air Cargo joins the Cool Chain gang

Mediterranean Shipping Company’s MSC Air Cargo arm has joined the Cool Chain Association (CCA), a group of companies working together to improve the temperature-controlled supply chain. CCA members collaborate on initiatives to drive quality and innovation in the cool chain, helping to reduce food loss ... [+]

Ørsted Divests U.S. Onshore Assets

Ørsted said March 13 that it agreed to divest to alternative investment firm Stonepeak on equity ownership stake in a portfolio consisting of four U.S. onshore wind farms, as part of a “farm-down program.The transaction is valued at about US$300 million, and Ørsted has previously ... [+]

FHWA Fund Would Target Transport Pollution

The U.S. Federal Highway Administration said March 12 it has launched the Low Carbon Transportation Materials (LCTM) Program in an effort to improve air quality, decrease pollution and tackle the climate crisis.The program is aimed at lowering air pollution, specifically greenhouse gas emissions through reimbursement ... [+]

Report: $1 Trillion Needed to Electrify US Truck Fleet

Converting the U.S. commercial truck fleet to full electrification would require nearly US$1 trillion in infrastructure investment alone, according to a new report from Roland Berger, released by the Clean Freight Coalition, or CFC, a Swiss-based international management consultancy, on March 19.The study, which forecasts ... [+]

US DOE Lends $2.26 Billion for Lithium Mine

The U.S. Department of Energy plans to lend Lithium Americas up to US$2.26 billion to build Nevada's Thacker Pass lithium project, one of Washington's largest mining industry investments to boost domestic production of critical minerals for the energy transition.The loan, announced by the company on ... [+]

BBC Chartering Introduces Lakermax Fleet

BBC Chartering has introduced its next generation of multipurpose vessels with the introduction of a fleet of 13,000-deadweight-ton “LakerMax” vessels.Ten vessels will be delivered from spring 2024 until 2026. The BBC Leer will be the first vessel delivered in April, the German carrier said in ... [+]

Port of Montreal’s Contrecoeur Expansion Advances

The Montreal Port Authority said Feb. 28 it has entered into an agreement with Contrecoeur Terminal Constructors Partnership, or CTCGP, formed by Pomerleau and Aecon Group Inc., that will assist in the design of in-water works for the MPA’s Contrecoeur expansion project.MPA said it is ... [+]

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