1. AD Ports group delegation welcomed by Georgian First Vice Prime Minister in Tbilisi to present progress achieved in Tbilisi Dry Port Project. A senior delegation from AD Ports Group , a leading facilitator of global trade, logistics, and industry,headed by H.E Ahmed bin Ali Al Sayegh, Minister of State, were welcomed by the H.E Levan Davitashvili, First Vice Prime Minister, Minister of Economy and Sustainable Development of Georgia in Tbilisi, to present progress achieved in the development of Tbilisi Dry Port, a new custom-bonded and rail-connected intermodal logistics hub in Georgia.
https://cyprusshippingnews.com/2024/10/18/ad-ports-group-delegation-welcomed-by-georgian-first-vice-prime-minister-in-tbilisi-to-present-progress-achieved-in-tbilisi-dry-port-project/
https://cyprusshippingnews.com/2024/10/18/ad-ports-group-delegation-welcomed-by-georgian-first-vice-prime-minister-in-tbilisi-to-present-progress-achieved-in-tbilisi-dry-port-project/
2. Port of Long Beach sees strongest September on record. Demand for holiday-related goods nudged the Port of Long Beach to its most active September and busiest quarter on record as shippers continued to move goods ahead of a labor contract deadline for seaports on the East and Gulf coasts that resulted in a three-day strike at the start of October.
https://cyprusshippingnews.com/2024/10/18/port-of-long-beach-sees-strongest-september-on-record/
https://cyprusshippingnews.com/2024/10/18/port-of-long-beach-sees-strongest-september-on-record/
3. CorePower ramps up Japan operations as US500 million funding round nears completion. CORE POWER is building the world’s first Maritime Civil Nuclear Program in the OECD with a potential market of US$5.6 trillion by 2060. The company is also nearing completion of its Series B funding round of US$500 million to finish the technology designs and build the program.
https://cyprusshippingnews.com/2024/10/18/corepower-ramps-up-japan-operations-as-us500-million-funding-round-nears-completion/
https://cyprusshippingnews.com/2024/10/18/corepower-ramps-up-japan-operations-as-us500-million-funding-round-nears-completion/
4. MOL President & CEO Hashimoto addresses global maritime forum’s 2024 summit focuses on issues facing shipping industry. Mitsui O.S.K. Linesy announced that it participated in the 2024 Summit organized by the Global Maritime Forum as the sole sponsor of the event, which was held in Tokyo from October 15-17.
https://cyprusshippingnews.com/2024/10/18/president-ceo-hashimoto-addresses-global-maritime-forums-2024-summit-focuses-on-issues-facing-shipping-industry/
https://cyprusshippingnews.com/2024/10/18/president-ceo-hashimoto-addresses-global-maritime-forums-2024-summit-focuses-on-issues-facing-shipping-industry/
5. UK leads Europe with clampdown of shadow fleet passing through the English Channel. The UK yesterday started what could be the beginning of a greater Europe-wide scrutiny of Russia’s dark fleet while in Asia one of Moscow’s top oil clients, India, has also come out with new guidance taking aim at substandard tonnage.
https://splash247.com/uk-leads-europe-with-clampdown-of-shadow-fleet-passing-through-the-english-channel/
https://splash247.com/uk-leads-europe-with-clampdown-of-shadow-fleet-passing-through-the-english-channel/
6. Maersk commences Ukraine weekly feeder service. Despite the recent decline in security across the Black Sea, Maersk, the world’s second-largest containerline, has initiated a new weekly feeder service between the Ukrainian port of Chornomorsk and the Danish carrier’s hub port in Port Said in Egypt. The 1,702 teu A. Obelix is being deployed on the route, set to arrive in Chornomorsk next Tuesday.
https://splash247.com/maersk-commences-ukraine-weekly-feeder-service/
https://splash247.com/maersk-commences-ukraine-weekly-feeder-service/
7. Wilson Sons sale talks heat up. The sale of Brazilian port and maritime logistics operator Wilson Sons is pressing ahead.The company revealed receiving a letter from I Squared Capital expressing interest in a potential voluntary offer to acquire up to 100% of the company.
https://splash247.com/wilson-sons-sale-talks-heat-up/
https://splash247.com/wilson-sons-sale-talks-heat-up/
8. Los Angeles and Long Beach Ports Just Smashed Pandemic-Era Cargo Volumes. The ports of Los Angeles and Long Beach have closed their busiest quarters on record, surpassing even the volumes achieved during the pandemic-driven surge, as shippers moved cargo ahead of traditional peak season and in response to disruptions in the global supply chain.
https://gcaptain.com/los-angeles-and-long-beach-ports-just-smashed-pandemic-era-cargo-volumes/
https://gcaptain.com/los-angeles-and-long-beach-ports-just-smashed-pandemic-era-cargo-volumes/
9. Another One of the World’s Biggest Ore Ships is Getting Rotor Sails to Help Fight Climate Change. Japanese shipowner NS United Kaiun Kaisha, Ltd. (NSU) and Brazilian mining giant Vale International SA have agreed to install innovative rotor sails on the Very Large Ore Carrier (VLOC) NSU TUBARAO.
https://gcaptain.com/another-one-of-the-worlds-biggest-ore-ships-is-getting-rotor-sails-to-help-fight-climate-change/
https://gcaptain.com/another-one-of-the-worlds-biggest-ore-ships-is-getting-rotor-sails-to-help-fight-climate-change/
10. Caught on Camera: Teen Surrenders After Burglary Aboard Iconic SS United States. A 17-year-old has reportedly surrendered to Philadelphia authorities in connection with a burglary aboard the historic SS United States, a once-proud ocean liner that now awaits transformation into the world’s largest artificial reef.
https://gcaptain.com/caught-on-camera-teen-surrenders-after-burglary-aboard-iconic-ss-united-states/
https://gcaptain.com/caught-on-camera-teen-surrenders-after-burglary-aboard-iconic-ss-united-states/