Russia energy infrastructure has been hit by drone attacks and fires in the past month, adding to uncertainty in global oil and gas markets already rocked by the conflict in the Middle East.Russia and Ukraine have targeted each other's energy…
Russian ports are operating during more severe storms and easing restrictions for non ice-class vessels during winter, traders said and regulations showed, in an attempt to boost exports following disruptions from Western sanctions and harsh weather…
Ships are calling the Spanish port of Barcelona with a delay of 10 to 15 days as they have to travel around Africa to avoid potential attacks in the Red Sea, port chief Lluis Salvado told reporters on Monday.The official said the delays affected ships carrying all kinds of products…
A.P. Moller - Maersk (Maersk) announced it has appointed Charles van der Steene as the new Regional President for North America, effective February 1, 2024. With the move, van der Steene will join the company’s Executive Leadership Team.A logistics industry veteran…
Pradipta R. Hakim of Indonesia captured the 2024 Young Designer of the Year (YDOY) Award with his concept yacht Blueminance. This is Feadship’s first time as the official sponsor of YDOY, a program that fosters creativity and excellence within the yacht design community…
U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week's Arctic freeze.This…
Two U.S. Congressmen are urging the Federal Maritime Commission (FMC) to finalize the rule on demurrage and detention billing requirements required in their Ocean Shipping Reform Act that became law in 2022.The Ocean Shipping Reform Act was signed into law on June 16…
Houston based dredging and marine construction contractor Orion Group Holdings – Marine Group has become a member of trade group the Dredging Contractors of America (DCA).Orion has a near 100-year legacy and today ranks among market leaders…
In January 2024, Boluda Towage commenced towage operations in the Egyptian Abu Qir’s container terminal with three tugs.Vicente Boluda Fos, President of Boluda Corporación Marítima, said, “Abu Qir is a port in full motion, and the port developments…
Headway Technology Group, a leader in green shipping technology, hosted a seminar on January 23, 2024, at Parkroyal Collection Marina Bay, Singapore. The event, themed 'Innovation for better low carbon solution' drew more than100 delegates, including representatives from Singaporean ship owners…
President Joe Biden paused pending approvals of exports from new liquefied natural gas (LNG) projects on Friday, a move cheered by climate activists that could delay decisions on new plants until after the November 5 election.The Department…
The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities.The grant for the…
Guinea is studying proposals to build a new oil terminal in the capital Conakry within the next six to 12 months following an explosion in December that severely damaged its main storage facility, an advisor to the prime minister said on Thursday…
Sanmar rounded off 2023 with delivery of two new heavy-duty tugs to the Directorate General of Coastal Safety at a ceremony attended by leading politicians and maritime industry executives.Built at Sanmar’s Altinova Shipyard in the heart of the Turkish maritime sector…
Late last year Japanese maritime leaders – Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. – signed a series of contracts to buid the world's first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-make engines…