European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including their first restrictions on Russian gas.The package bans re-exports of Russian liquefied natural gas…
Speaking at this year’s Drycon conference in Mumbai, Captain Pappu Sastry, CEO of Adhira Shipping and Logistics (ASL), said that Africa’s mining sector is entering a golden age where opportunities are open to investors, shipping lines and logistics companies…
DP World Romania has more than doubled its container shipping operating capacity in the Black Sea port of Constanta following investment that will also boost cargo and other freight, its chief executive officer said.The operator, part of the UAE's DP World [RIC:RIC:DPWRD…
Russia's oil exports from its western ports in July are expected to decline from June amid higher refinery runs and Moscow's pledge to stick to OPEC+ output cuts, two traders said.Russian oil exports from Baltic ports Primorsk and Ust-Luga as well as the Black Sea port of Novorossiisk…
Ford shipped its first batch of cars on Tuesday from the once-neglected Guaymas port near its plant in the northern Mexican state of Sonora in a project that, if fully launched, could cut the U.S. automaker's logistics costs, according to the state governor…
Unifeeder A/S and MPC Container Ships ASA (MPCC) announced a new collaboration to make joint investments into energy efficiency technology (EET), a partnership that will see the parties unite to increase decarbonization and efficiency in maritime transport…
TCP, an arm of China Merchants Port, is working to dissuade a logistics firm from applying a surcharge on outgoing cargos at South America's largest container terminal, TCP Commercial Director Carolina Brown said.France-based logistics firm CMA CGM's $150 surcharge…
Threat of strike action at US East and Gulf Coast ports may see importers accelerate efforts to protect ocean supply chains in a vicious circle of disruption in ocean freight container shipping.The International Longshoremen’s Association (ILA)…
Twenty-two oil tankers are scheduled to load this month in Vancouver with crude from the expanded Trans Mountain pipeline, which is running around 80% full with a 'little bit' of spot capacity also being used, a Trans Mountain executive said on Wednesday…
The Cargo Integrity Group has identified 15 cargoes commonly carried in containers that under certain conditions can cause dangerous incidents.The Group urges everyone handling these goods to follow all applicable regulations, the CTU Code and industry best practices…
Morocco's Tanger Med port expects to top its nominal processing capacity of nine million containers this year, the port's deputy managing director told Reuters, adding security problems in the Red Sea had had little impact on traffic growth…
Russia has started wheat shipments to Brazil from Vysotsky Port on the Baltic Sea, the quality inspection arm of Russia's agricultural watchdog said on Friday.'Grain was shipped to Brazil from Russian Baltic Sea ports for the first time,' the grain quality assessment centre said…
Great Lakes shipments of limestone rose and iron ore fell in the month of May, according to latest figures published by industry trade group the Lake Carriers' Association (LCA).Shipments of limestone on the Lakes totaled 3.9 million tons in May…
Mainland China's national plan identifies hydrogen as a key element in its low-carbon energy transition strategy. The nation is committed to using hydrogen for decarbonization, with Rystad Energy projecting the installation of approximately 2…
Turkish authorities seized 373 kilograms (822 lb) of cocaine shipped from Latin America and hidden in a container at the Turkish port of Gemlik, detaining nine suspects, Interior Minister Ali Yerlikaya said on Tuesday.The minister said on X…