Libya has lost some 400,000 barrels per day (bpd) of oil production in recent days because of militant attacks at the Ras Lanuf and Es Sider ports, the head of the National Oil Corporation, Mustafa Sanalla, said on Tuesday.Sanalla said there were still militants present in the area of the terminals…
Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America.Many utilities in Central…
Deutsche Bank is selling a $1 billion portfolio of legacy shipping loans to an entity owned by funds managed by Oak Hill Advisors and Varde Partners, it said on Tuesday.Reuters reported last week that the sale of the portfolio was imminent,…
China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to accuse Washington of starting a trade war…
Railport Antwerp, a joint initiative by Antwerp Port Authority, the Left Bank Development Corporation and the industry associations Essenscia Vlaanderen and VOKA-Alfaport, is to expand its activities. The company will actively serve rail transport in the port…
Feedgas supplies into Cheniere Energy's Sabine Pass liquefied natural gas (LNG) export plant in Louisiana fell again after recovering briefly following a month-long maintenance shutdown affecting one of three production units, data showed on Tuesday…
ICHCA International, the global NGO and membership association for cargo handling operations, technical, HSSE and risk professionals has signed a Memorandum of Understanding (MoU) with the International Association of Ports and Harbors (IAPH) to pursue cooperative projects of mutual interest…
Global Ship Lease, a containership charter owner, announced that the Company has taken delivery of a 2005-built, 2,800 TEU containership, now named GSL Valerie. Shortly after delivery, and as agreed at the time the Company contracted to purchase the vessel…
The American Caribbean Maritime Foundation (ACMF) announced it received a contribution of $150,000 from Mr. and Mrs. Roland Malins-Smith. Mr. Malins-Smith, now retired, is founder of SeaFreight Line Ltd. which was acquired by Crowley in 2015…
Port Houston’s senior director of trade development John Moseley has been appointed to succeed retiring chief commercial officer Ricky Kunz.Moseley, the port’s senior director of trade development since 2010, will take the lead in developing and executing Port Houston’s commercial strategy…
The Bellona Foundation and Carnival Corporation & plc have signed an agreement to work together to continue improving environmental and sustainability impact. The newly formed cooperation is based on the two parties’ shared vision of an even…
India’s Krishnapatnam Port Company Limited (KPCL), in an industry first initiative, announced the installation of ‘Rapiscan Eagle P 60 (“Eagle P60’)’ a drive through X Ray Container Scanner & Radiation Portal Monitors. Besides increasing security and safety of the port…
Somalia and Ethiopia announced they were jointly investing in four seaports to attract foreign investment to their two countries, the latest move in a tussle for access to ports along one of the world's most strategic waterways.After Somalia's…
Dutch companies GustoMSC and Barge Master join forces in the development of a motion-compensated feeder solution to service the emerging U.S. offshore wind marketsThis solution offers a flexible and cost-effective alternative for installing the first wave of U…
Crowley Maritime Corporation recently received a Humanitarian Award from Seamen’s Church Institute (SCI) for its relief efforts in Puerto Rico following Hurricane Maria.The award, which was accepted on the behalf of the company’s Puerto Rico employees by Tom Crowley…