A surge of diesel and gasoline exports from China in the last northern winter eased then-prevailing fuel shortages in Asia but a repeat performance this year is unlikely.China's exports of refined products have eased from high levels in recent months…
Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies…
Six months after establishing a new project cargo team, Hong Kong-based ship management group Wallem estimates that it—and its clients—have accessed over 800,000 tonnes of business that would otherwise have gone elsewhere.Part of the group’s Ship Agency division…
DEME announced it has won several capital and maintenance dredging contracts in India, the Maldives and Malaysia, worth €150 million-300 million combined.At Kakinada port in India, where DEME has frequently been performing dredging works, the…
The Biden administration is working closely with partner countries over sanctions on a Russian liquefied natural gas project in the Arctic as a January deadline looms on a wind down of transactions with the plant, a State Department spokesperson said on Wednesday…
President Vladimir Putin signed on Wednesday a decree transferring to Russia's state nuclear power company Rosatom state-owned shares of the Far Eastern Shipping Company, parent company of transportation group Fesco.Fesco was formerly controlled by Ziyavudin Magomedov…
The world's largest RoRo shipping company Wallenius Wilhelmsen reports its vessel Torrens is the first to bunker B30 HSFO-biofuel in South Korea. The bunkering took place during a call at Masan Port as part of the vessel's regular sailing schedule…
International Container Transhipment Terminal (ICTT) operated by DP World at Cochin, announced the arrival of four new electric rubber tired gantry (RTG) cranes at its terminal on October 17. The cranes arrived on the vessel Pietersgracht.This…
Key commercial ports of Guam, Rota, and Saipan have been reopened in the wake of Typhoon Bolaven, the U.S. Coast Guard said.'This decision, effective at noon on Oct. 11, 2023, follows meticulous assessments conducted by our dedicated crews and trusted partners…
A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. The India-Middle East-Europe Economic Corridor (IMEC), championed by Washington last month on the sidelines of the G20 summit…
Pakistan National Refinery Limited (NRL) has started producing very low sulphur fuel oil (VLSFO) for ships and is planning to expand its monthly output by at least five-fold in six months, the company said late Tuesday.The company is producing about 2…
The creation of the first-ever green shipping corridor across the Pacific is taking shape. A voluntary partnership of maritime stakeholders, including the Ports of Los Angeles, Long Beach and Shanghai, some of the world's largest carriers, and…
Already one of the most efficient terminals in India, Gateway Terminals India Pvt. Ltd. (GTI)—also known as APM Terminals Mumbai—has taken another step to further reduce its carbon emissions through a collaboration with O2 power to supply renewable electricity…
The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority (PoR) and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop…
Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project…
