Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler and a shipping agent.Tankers carrying crude including Flavin, Pacific Pearl, Ghibli…
Marine energy infrastructure solutions company Höegh LNG announced it has rebranded as Höegh Evi in a move that reflects its expansion beyond liquefied natural gas (LNG) vessels and terminals.Standing for “energy vector infrastructure,” the name Evi encompass a wider range of clean energy solutions…
The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…
Wallenius Wilhelmsen’s expanded Brunswick, Ga., port facility is now home to Develon and Hyundai Construction’s North American Customization Plant (NACUP), following the move from Savannah, Ga.The move from Savannah to Brunswick allows the NACUP to increase in size by more than 50%…
A Global Centre for Maritime Decarbonisation (GCMD)-led consortium has conducted ship-to-ship transfers of ammonia at anchorages within the Port of Dampier in Australia’s Pilbara region.Two transfers took place between the Green Pioneer, owned by Mitsui O…
The American Association of Port Authorities (AAPA) has applauded the exemption granted in the United States Trade Representative's (USTR) decision to finalize a 25% tariff on ship-to-shore cranes.The final determination excludes cranes manufactured…
Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949…
Galveston LNG Bunker Port (GLBP) announced a gas supply agreement (GSA) with Energy Transfer’s Houston Pipeline Company (HPL), in a new milestone for the development of the region’s first dedicated liquefied natural gas (LNG) bunker terminal…
The Jefferson County Port Authority (JCPA) has finalized the purchase of approximately 18 acres along the Mississippi River in Herculaneum, Missouri, in a $20 million deal with Riverview Commerce Park, LLC (RCP). This acquisition marks the establishment…
The European Investment Bank (EIB) and the Irish Department of Transport have established an advisory cooperation to assess capacity, demand and financing strategies for the development of offshore renewable energy port infrastructure, which…
JX Nippon Oil & Gas Exploration Corporation, NYK and NYK affiliate Knutsen NYK Carbon Carriers (KNCC) have demonstrated a new CO2 liquefaction method that the partners say is a breakthrough for the carbon capture and storage (CCS) industry.The…
U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…
U.S. presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring and accelerate inflation, just like it did during his 2017-21 term, shipping and retail experts said…
The U.S. Army Corps of Engineers Pittsburgh District opened a 100-foot-wide navigation channel for commercial vessels through the center of the dam at Monongahela River Locks and Dam 3 near Elizabeth, Pa. The first commercial navigation vessel passed through the channel on Thursday…
Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its real estate crisis and producer price deflation.A combination of inventory build-up and commodity specific developments have contributed to strong import demand…