CK Hutchison Holdings port unit said on Thursday it would invest about $700 million in two major Egyptian ports, bringing its total investment in the country to more than $1.5 billion.Hutchison Ports said it would invest in the development of…
Exxon Mobil Corp is considering selling its majority stake in Italy's main regasification terminal as part of a wider strategy to divest from non-core assets, the company said in a statement on Wednesday. The Rovigo liquefied natural gas (LNG)…
UAE's Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world's third-largest bunkering hub despite the urgency for maritime decarbonization, industry executives said on Wednesday…
The Baltic Hub, formerly DCT Gdansk have commissioned Liebherr Container Cranes Ltd. to retrofit a hybrid green energy storage solution on one of its Liebherr RTGs. The terminal has 18 Liebherr RTGs at the port and the initial purchase will…
Russia has proposed that a U.N.-backed initiative that has enabled grains to be exported from Ukraine's Black Sea ports should be renewed for just 60 days.The deal to free up grain exports from Ukraine's southern Black Sea ports, which expires later this month…
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC) vessel in Singapore…
Operations and Maintenance Base for what will be the world's largest offshore wind farm - the Dogger Bank - was officially opened on Tuesday in Port of Tyne.Equinor, a partner in the North Sea wind farm, said that the O&M base would serve as the hub for operations for Dogger Bank Wind Farm…
“Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, the share of ships with a scrubber is set to increase…
PSA Sines, the Portuguese subsidiary of PSA International, has purchased six electric-powered automated rubber-tired gantry (aRTG) systems from Konecranes for delivery in the first quarter of 2024.The fully automated cranes will improve efficiency…
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say…
Marcor Stevedoring announced it will build a new dry bulk terminal at the Mississippihaven in Rotterdam. The plans call for the expansion of Marcor's floating terminal with the development of a dry bulk terminal at the Steinweg Hartel Terminal…
APM Terminals Gothenburg announced it will double its reefer connections to more than 200 in the first half of this year as it scales up to meet growing demand. Improvements to the pre-trip inspection (PTI) process will also increase efficiency…
Storage demand and transit volumes are poised to grow further at the United Arab Emirates' Fujairah port this year as Russian trade flows continue to flood the hub, industry executives said on Tuesday.Russian oil barrels have been flowing into…
PSA Jurong Island Terminal achieved a record-breaking container throughput of more than 130,000 twenty-foot equivalent units (TEUs) in the year ending December 32, 2022, marking its highest volume since the terminal began operations in 2012 and a 30% increase since 2021…
Western Australia’s Fremantle Ports has awarded a $7.6m contract to Geraldton boat and ship builders, Dongara Marine, to construct two new pilot boats to enhance its small boat fleet.The first pilot boat is scheduled for delivery in mid-2024…