North America News

 

Soo Locks to Open March 25 for 2023 Shipping Season

Mar 20, 2023

The Great Lakes' 2023 shipping season will commence on March 25 with the opening of the Poe Lock at 12:01 a.m., the U.S. Army Corps of Engineers, Detroit District announced.The operating season is fixed by federal regulation and driven in part…

PSA Halifax Orders Eight Electric RTG Cranes

Mar 17, 2023

PSA Halifax announced that it has signed an agreement with the Finland's Konecranes to purchase eight new electric rubber tired gantry cranes (E-RTGs) for its Atlantic Hub terminal.This purchase will expand the terminal’s handling capacity by…

FID Reached for Second Phase of Plaquemines LNG Export Project

Mar 13, 2023

U.S. liquefied natural gas (LNG) company Venture Global LNG said on Monday that it will go forward with the second phase of its Plaquemines LNG export plant in Louisiana after securing $7.8 billion of financing.Phase two's final investment decision…

Offshore Wind Hub Planned at Avondale Global Gateway in Louisiana

Mar 13, 2023

An offshore wind hub is coming to the site of the former Avondale Shipyard in Louisiana as the region ramps up to service the growing renewable energy industry in the U.S. Gulf of Mexico.New Orleans-based Gulf Wind Technology (GWT) announced…

Los Angeles, Gothenburg Ports Partner

Mar 03, 2023

The Port of Los Angeles and Port of Gothenburg are teaming up to jointly tackle initiatives aimed at improving infrastructure, efficiency and environmental performance. Officials from both ports met in Los Angeles this week to sign memorandum…

Enbridge to Buy US Gulf Coast Gas Storage Facility

Mar 01, 2023

Canadian pipeline operator Enbridge Inc said on Wednesday it would buy a gas storage facility in the U.S. Gulf Coast region from Brookfield Infrastructure Partners and Crestwood Equity Partners for $335 million.The Tres Palacios gas storage…

Port of Corpus Christi to Lead Merged Hydrogen Hub Projects

Mar 01, 2023

The U.S. Department of Energy (DOE) Office of Clean Energy Demonstration has encouraged both the Port of Corpus Christi Horizons Clean Hydrogen Hub (HCH2) and Trans Permian (Trans Permian) H2Hub to submit full applications through the DOE Regional Clean Hydrogen Hubs Program…

US Retailers' Ocean Shipping Price Woes Ending as New Delays Threaten

Feb 27, 2023

Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand.Carriers like…

Terminal Expansion Boosts Port of Vancouver Container Capacity

Feb 22, 2023

A recently completed terminal expansion project at Canada's Port of Vancouver is set to boost capacity amid projected cargo volume growth at the Canadian West Coast seaport.The Construction on the Centerm Expansion Project—delivered by the the…

Fire-damaged Freeport LNG Receives Approval for Partial Restart

Feb 21, 2023

Freeport LNG, the second largest U.S. liquefied natural gas exporter, said on Tuesday it had received regulatory approval to restart commercial operations at its Texas processing plant.The U.S. Federal Energy Regulatory Commission (FERC) approved the partial restart of two liquefaction trains…

Port of Montreal Plots $335+ Million in Infrastructure Investments

Feb 21, 2023

The Port of Montreal's new five-year investment plan includes more than $335 million earmarked for infrastructure upgrades and development.The announcement was made by Martin Imbleau, president and CEO of the Montreal Port Authority (MPA) during…

Port of Toronto Reports Record Cargo and Cruise Numbers for 2022

Feb 21, 2023

The Port of Toronto announced it  moved more than 2.3 million metric tonnes of cargo in 2022, its highest recorded cargo levels in 18 years, and welcomed a record 41 cruise ships and more than 12,000 visitors to its Cruise Ship Terminal.The…

US LNG Producers Poised to Leapfrog Rivals with Three New Projects

Feb 20, 2023

At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come…

Port of Oakland Building for the Next Generation

Feb 15, 2023

Port of Oakland Executive Director Danny Wan presented the 'State of the Port 2023' at a luncheon yesterday. In partnership with the Pacific Merchant Shipping Association and Women In Logistics, the speech was given to around 300 port stakeholders at Scott’s Seafood Restaurant in Jack London Square…

First Vessel Arrives at Freeport LNG Plant Since 2022 Fire

Feb 10, 2023

The first liquefied natural gas (LNG) vessel arrived on Friday at Freeport LNG's long-idled export plant in Texas since the facility shut in a fire in June last year, according to ship tracking data from Refinitiv.The vessel Kmarin Diamond is operated by a unit of oil major BP…

Logistics News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

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