U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas out of storage than usual to heat homes and businesses during extreme cold for a second week in a row last week…
Propane puts port operators in control of EV charging and avoids grid-power headachesAlthough it may seem a bit of a paradox that, at both seaports and inland ports, propane is crucial to charging electric terminal tractors, the proliferation…
The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade…
COSCO SHIPPING International (Singapore), through its wholly owned subsidiary, Cogent Jurong Island, hosted a groundbreaking ceremony for Jurong Island Logistics Hub (JILH) Phase 2 on December 17, 2024.JILH Phase 2 is a strategic initiative…
The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits…
Tanco Terminals is constructing a $8.2 million expansion of its liquid tank farm at Ports of Indiana-Burns Harbor to support growth in Lake Michigan shipments. Tanco is a third-generation, family-owned business operated at the port since 1977…
Argentina’s TecPlata terminal has been certified by the Argentine Naval Prefecture to handle docking maneuvers for Neo-Panamax vessels.The accreditation makes TecPlata the first terminal in Buenos Aires and in the country capable of receiving these large ships…
All American Marine (AAM) has announced a partnership with San Francisco Bay Ferry to build their 150-passenger battery-electric vessels. This landmark project will contribute significantly to advancing sustainable passenger transport in the…
Port Houston Container Volumes Up 24% in November.Port Houston is on track to close 2024 as one of its most successful years to date, handling 3,799,573 twenty-foot equivalent units (TEUs) through November—a 9% increase over the same period last year…
The Mosel in west Germany was partially reopened to cargo shipping on Monday after a temporary lock was installed over the weekend, but the number of vessels able to sail will be limited, navigation authorities said.The river, an important transit…
U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.The ILA and the United…
Navigation authorities will attempt to install a temporary lock system on the river Mosel in west Germany this weekend to enable the river, an important route for grains and rapeseed shipments to and from Germany and France, to reopen to cargo shipping…
U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG, according to data from financial group LSEG and energy analysts…
Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, an executive at the global carrier said on Wednesday.'We predict anywhere between 5 and 7% (growth) overall…
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown…