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Kalmar strengthens partnership with Westport AS with delivery of four electric reachstackers to support zero-emissions goals

Kalmar strengthens partnership with Westport AS with delivery of four electric reachstackers to support zero-emissions goals
Kalmar has delivered four Kalmar electric reachstackers to Norwegian port operator Westport AS, as part of their ongoing collaboration to advance sustainable port operations. The repeat order was booked in Kalmar’s Q2 2024 order intake, and delivery took place in Q4...
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Havila Shipping ASA: Allegation from certain banks of default of the restructuring agreement – disputed by the company

Havila Shipping ASA: Allegation from certain banks of default of the restructuring agreement – disputed by the company
Reference is made to the stock exchange announcement 1 October 2024, informing that three bank lenders, and the bondholders in two bond loans had decided to have their debt settled at the end of 2024 in accordance with the terms of the restructuring agreement. It was...
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Oman’s Asyad Group plans to sell at least 20% of shipping unit via IPO

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received ABS approval in principle (AIP) for a tank design that enables large-scale hydrogen transport and storage. The vacuum insulation system from HD KSOE is designed to reduce the time required to...
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Saudi Arabian crude exports in November leap to eight-month peak

Saudi Arabia’s crude oil exports in November jumped to their highest level in eight months, data from the Joint Organizations Data Initiative (JODI) showed. Crude exports from the world’s largest exporter in November rose 4.7% to 6.206 million barrels per day from...
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Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says

Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum. The company and other state refiners – Indian Oil Corp, BPCL,...
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ITS Logistics January Port Rail Ramp Index: President Trump’s Confirmed 25% Increase in Tariffs Could Create Another 2018 Front-Loading Surge

ITS Logistics January Port Rail Ramp Index: President Trump’s Confirmed 25% Increase in Tariffs Could Create Another 2018 Front-Loading Surge
ITS Logistics today released the January forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the index reveals that overall, operations throughout North American ports and ramps are running relatively smoothly and are expected to remain so...
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