Earlier this summer, PIRIOU delivered the Atlantis to NEWTOWT, a new French shipping company formed after the takeover of TOWT. As the third sailing cargo vessel in the fleet and the first vessel delivered to the new shipowner, the Atlantis joins the Anémos and Artémis…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
New Zealand and the U.S. will jointly fund a major upgrade of a World War Two port on a Cook Islands' atoll, the three governments said on Tuesday, in a fresh sign of Western efforts to reinforce ties in a Pacific region that is increasingly being influenced by China…
Cheniere Energy, Inc. has announced the achievement of two significant milestones: the substantial completion of the Corpus Christi Liquefaction Stage 3 Project (CCL Stage 3) in Texas, and the production and export of its 5,000th cargo of LNG from its U…
Russian wheat export prices rose last week, tracking global prices, against a backdrop of a sharp decline in supply due to restrictions in the Azov-Black Sea basin, analysts said. 'World FOB prices strengthened sharply amid extremely limited…
European wheat fell sharply on Monday, as renewed comments by Turkey about seeking a diplomatic solution to stop war disruption to Black Sea grain shipping drove profit-taking after Friday's contract highs.December wheat, the most-active contract on the Paris-based Euronext…
The queue of vessels waiting to enter the Danube en route to Ukraine's river ports has grown to about 80 over the past five days, although the number of ships being allowed through the route is also gradually increasing, a shipper said on Monday…
The Switch has secured 13 orders for their electric machines (EM) busines since the beginning of June, covering almost 50 oceangoing vessels and 59 permanent magnet (PM) machines. July marked the company’s strongest month to date for marine EM orders…
Singapore and Brazil have signed a Memorandum of Understanding (MoU) to establish the Singapore-Brazil Green and Digital Shipping Corridor. The MoU was signed by Singapore’s Minister for Transport, Jeffrey Siow, and Brazil’s Minister of Ports and Airports…
Contecon Manzanillo S.A. de C.V. (CMSA), International Container Terminal Services, Inc.'s (ICTSI) Mexican unit, has paved the way for the Port of Manzanillo to accommodate ultra large container vessels after receiving the go-ahead to handle ships with drafts of up to 15…
The American Great Lakes Ports Association has signed a Memorandum of Understanding (MoU) with the Great Lakes Alliance of Shipyards to advance shared priorities in domestic shipbuilding and commerce.The MoU marks the first formal partnership between the U…
Ahead of the start of construction work on the new Ravano Terminal, La Spezia Container Terminal (LSCT) has signed contracts for the supply of four ship-to-shore cranes and 18 yard cranes, RTGs and RMGs, representing a total investment of USD$104…
The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports, to weather the fallout from the conflict.The war has highlighted the Gulf's overreliance on the Strait of Hormuz…
Aberdeen-based floating wind and subsea engineering provider Encomara has received TRL 7/8 (Technology Readiness Level 7/8) qualification for its Squid connection solution from ABS, following a series of inshore trials at Ardersier Port near Inverness…
Russia hammered Ukrainian ports, industrial sites and retailers' distribution facilities with missiles and drones in an hours-long attack on Kyiv and other cities that was partly repelled, Ukrainian officials said on Thursday.Commuters went…