A recently completed terminal expansion project at Canada's Port of Vancouver is set to boost capacity amid projected cargo volume growth at the Canadian West Coast seaport.The Construction on the Centerm Expansion Project—delivered by the the…
Law firm Squire Patton Boggs (SPB) has partnered with freight market information organization The Baltic Exchange to provide a vessel sale and purchase (S&P) transaction closing service for the global shipping industry. The service will be led…
Ukraine will ask Turkey and the United Nations this week to start talks to roll over the Black Sea grain deal, seeking an extension of at least one year that would include the ports of Mykolaiv, a senior Ukrainian official said on Wednesday…
PortXchange Products B.V., the Netherlands-based digital solutions provider for predictable and sustainable shipping, announced the launch of PortXchange EmissionInsider, with the Port of Rotterdam acting as the launching customer.PortXchange…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
Tradepoint Atlantic, a 3,300-acre global multimodal logistics hub and industrial center, announced that the Port Tampa Bay’s Board of Commissioners approved a lease agreement with Tradepoint Tampa for 35 acres of land to build a new trans-load warehouse distribution facility…
Norwegian energy company Equinor announced it has entered into an agreement to sell its oil terminal in the Bahamas to Estonian logistics and investment business Liwathon. Financial terms of the deal were not disclosed.The South Riding Point oil terminal at the Grand Bahama Island…
Freeport LNG, the second largest U.S. liquefied natural gas exporter, said on Tuesday it had received regulatory approval to restart commercial operations at its Texas processing plant.The U.S. Federal Energy Regulatory Commission (FERC) approved the partial restart of two liquefaction trains…
The Port of Montreal's new five-year investment plan includes more than $335 million earmarked for infrastructure upgrades and development.The announcement was made by Martin Imbleau, president and CEO of the Montreal Port Authority (MPA) during…
The Port of Toronto announced it moved more than 2.3 million metric tonnes of cargo in 2022, its highest recorded cargo levels in 18 years, and welcomed a record 41 cruise ships and more than 12,000 visitors to its Cruise Ship Terminal.The…
Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year hiatus.In early January, Beijing gave permission to four government-backed firms…
Technology company ZeroNorth announced that it has acquired BTS PTE Ltd., a software platform for marine fuel suppliers, headquartered in Singapore.The deal will see ZeroNorth acquire BTS’s flagship suite of services - iBMS (Intelligent Bunker Management System)…
The Global Center for Maritime Decarbonization (GCMD) has completed trials on two supply chains of biofuel blends for vessel bunkering, the center said on Tuesday.The maritime industry has been trying to source for green fuels to reduce carbon…
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country.The group said the sale of its inland depot facility in Novorossiisk…
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come…