Snam has finalized the 400 million euro acquisition of a new floating liquefied natural gas (LNG) terminal that will be located offshore from the city of Ravenna, the Italian gas grid operator said on Monday.The new ship dubbed BW Singapore has a storage capacity of about 170…
January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.A total of five cargoes - each 700,000 barrels - of Troll will load next month…
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…
Some 151 ships have used Ukraine's new Black Sea shipping corridor since it was set up in August, the Interfax-Ukraine news agency reported on Friday, citing a senior government official.A total of 4.4 million metric tons of cargo, including 3…
Peel Ports Group is to extend its steel and metals terminal in response to strong growth in customer demand at the Port of Liverpool.The U.K.’s second largest port operator began construction of the 20,000 square foot extended warehouse at its…
Insurance broker Marsh MMC.N, Lloyd's of London insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.Kyiv…
A new direct freight rail service connects the Port of Barcelona with the French cities of Toulouse and Lyon. The container service, created by the companies APM Terminals Railways Spain, Synergy and Naviland Cargo, located at the BEST railway terminal…
Fincantieri announced on Monday it has reached a deal that will allow it to expand its shipbuilding footprint in the port of Ancona.The Italian shipbuilding company said it has signed a program agreement with the Port System Authority of the…
Danish shipping company DFDS announced it has committed to investing in battery-powered vessels to help decarbonize the maritime traffic across the English Channel.Following a meet between French Minister for Foreign Trade, Attractiveness and French Nationals Abroad…
Throughput at Antwerp-Bruges port fell in the first nine months of 2023 as geopolitical and economic instability hit demand for container traffic and steel volumes dropped, the port said on Tuesday.Global port congestion after the COVID-19 pandemic…
Agricultural producers in Ukraine say a new Black Sea corridor could enable exports of up to 2.5 million metric tons of food a month, almost offsetting the impact of Russia's decision to quit a U.N.-brokered deal to allow grain shipments through the region…
Ireland's Minister for Transport Eamon Ryan and Minister of State with responsibility for maritime transport, Jack Chambers today (October 19th) announced the commencement of the first phase of a public consultation for the review of the country's National Ports Policy…
Norwegian logistics provider Tyrholm & Farstad AS has ordered a Generation 6 Konecranes Gottwald Mobile Harbor Crane for its new Flatholmen terminal in Ålesund, with the electric crane to expand capacity and reduce carbon emissions. Scheduled for delivery in Q2 2024…
Finnish shipping company Wasaline announced it has started operating with certified biogas one day a week from October 13, in preparation for the EU emissions trading system that will come into force next year.The company, which operates the route connecting Vaasa…
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…