The Port of Los Angeles closed out 2023 on a strong note, processing 747,335 TEUs, 2.5% more than last year. It was the fifth consecutive month of year-over-year gains.December 2023 loaded imports landed at 369,477 TEUs, an increase of 5% compared to the previous year…
Marine terminal operator Carrix on Tuesday announced the rebranding of Ceres Terminals as SSA Marine, following Carrix’s acquisition of the company.The acquisition, originally announced in September 2023, expands SSA Marine’s global footprint…
Equatorial Marine Fuel Management Services, TFG Marine and Sinopec Fuel Oil Singapore were the top three marine bunker suppliers in Singapore, the world's largest bunker hub, in 2023, latest data from the port authority showed.Equatorial maintained its top position for a second consecutive year…
Gateway Zero, a developer and investor focused exclusively on next-generation energy ports infrastructure, has launched. Its mission is to unblock the path to net zero through the continued expansion of global offshore wind, and by harnessing…
The Borders, Trade, and Immigration Institute, a Department of Homeland Security Center of Excellence, led by the University of Houston, announced the creation of the annual Port of the Future Award for “Excellence in Port Communications and Community Relations…
Port operator PSA International enjoyed a record-breaking year last year as it handled container volumes amounting to 94.8 million TEUs across its port terminals around the world.PSA’s ports and cargo solutions portfolio comprises over 60 deepsea…
SITC signed a framework agreement with Xiamen Port Holdings Group on January 10 that aims to jointly boost logistics.Headquarter based in Hong Kong, SITC is an intra-Asia shipping logistics company. Its business scope covers container liner shipping…
The Port of Virginia is powering all its terminals with electricity from clean resources and accelerating its goal to becoming carbon-neutral by 2040.“Virginia is the first major U.S. East Coast port to power its entire operation using 100% clean electricity…
AD Ports Group, CMA CGM Group and Ecocean have signed a scientific cooperation framework agreement that will see the installation of 48 Biohuts in Khalifa Port.Designed to restore biodiversity and promote marine life in coastal and harbor areas…
The cost of Indian exports has more than doubled due to the Yemeni Houthi militia's attacks on ships in the Red Sea, industry officials said on Monday.Around 80% of India's goods trade with Europe, estimated at nearly $14 billion a month, normally passes via the Red Sea…
The Russian government is considering a ban on gasoline exports after an incident at Lukoil's NORSI oil refinery in Nizhny Novgorod, Interfax news agency reported on Monday, citing sources.The refinery may halve high-octane gasoline output after an emergency stoppage at a catalytic cracking unit…
Ocean and air freight rate benchmarking and intelligence platform Xeneta has appointed Tonia Luykx to spearhead its journey to drive revenues through an industry data revolution.Luykx, who has a track record for building and scaling SaaS and tech businesses including Sift…
Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which ‘reinvented methanol fuel storage’ on board ships. Delivering the answers has seen technical talk converting into project discussions…
Port agency and marine services company Inchcape Shipping Services (ISS) announced the appointment of Svend Stenberg Mølholt as Chief Commercial Officer, effective January 9, 2024.Svend has been in the shipping industry for 20 years, most recently serving as the Group COO in Monjasa Holding…
Higher exports helped India's merchandise trade deficit come in lower than expected at $19.8 billion in December, data showed on Monday, though officials signalled that the turmoil in the Red Sea could have an impact on this month's figures…