Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices and an increasing lack of available tonnage has invariably pushed sub-continent offerings on to previously unthinkable levels.Not since the boom year of 2008 have we seen levels quite so high…
Tanker operator Penfield Marine and Macquarie Group’s Commodities and Global Markets division announced the execution of Penfield’s first carbon-neutral voyage in a collaboration that will enable Penfield Marine to offer environmentally differentiated freight products to its customers…
Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.The Baltic state leases a floating storage and…
Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair in the South Korean port of Busan to meet surging export orders for the car engine oil he sells to Russia.'China is the black hole in this shipping crisis…
The government of Santa Fe province in Argentina late on Wednesday ordered port workers to suspend a day-old strike that had blocked grains shipments at the country's main agricultural export hub and mandated wage negotiations be resumed.Protests…
MSC Group's Cruise Division has signed a contract with Fincantieri for the construction of a new mega cruise terminal at PortMiami, a North America and the Caribbean cruise hub.The new terminal reflects an investment of approximately €350 million ($414…
President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive conduct and unjust fees in the rail and sea shipping industries to try to lower costs to consumers, the White House said on Thursday.It said his…
A fire caused by an explosion on a ship at Dubai's Jebel Ali Port, the Middle East's largest transshipment hub, has been brought under control, the government's Dubai Media Office (DMO) said on Wednesday.The explosion was a 'normal accident' in a container holding flammable material…
Windward, the Predictive Intelligence company applying AI to the maritime industry, announced the launch of Company Risk Insights, providing risk insights into every company in the maritime domain.The capability utilizes a new ownership data repository…
CSP Abu Dhabi container terminal, the first greenfield project of COSCO SHIPPING Ports Limited (CSP) operating within Abu Dhabi Ports’ flagship deep-water port Khalifa Port, announced its terminal will be the first in the Middle East to implement an autonomous port truck system…
Auramarine appointed Tomi Julin as its new General Manager of Auramarine Asia Ltd. Julin has worked at Auramarine for more than two decades, with his most recent positions including Technical Director, Product Line Manager and Project Manager in both Finland and China…
As Valenciaport eyes zero emissions by 2030 -- 20 years ahead of the objectives set by the European institutions within the framework of the European Green Pact and in line with the sustainability strategy and Agenda 2030 of the Spanish Port…
OceanWise won a contract with the Port of Waterford to help consolidate, manage and better share environmental data collected by a diverse range of environmental sensors across their port jurisdiction.The Port of Waterford operates 24/7/365…
EveRé, Elengy, TotalEnergies and the CMA CGM Group are engaged in a study of a BioLNG production plant project at Marseille’s port, aiming to to turn household waste into clean energy and serving as another plank toward the maritime industry's decarbonization…
The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had been agreed in a compensation dispute, and the canal authority said the vessel would be allowed to sail on July 7…