Latest News - page 157

 

Germany builds up LNG import terminals

Jan 30, 2025

Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targeting Europe with liquefied natural gas exports.Plans…

Rubio's LatAm, Panama Trip to Prioritize 'America First'

Jan 30, 2025

When Marco Rubio arrives in Latin America this weekend on his first foreign trip as Donald Trump's secretary of state, he'll find a region reeling from the new administration's shock-and-awe approach to diplomacy.In the first days of Trump's second term…

Baltic Index Falls Again as Capesize, Supramax disappoint

Jan 30, 2025

The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses for the thirteenth straight session on Thursday, pressured by a dip in rates across capesize and supramax segments…

NOAA Guides Easier Hudson River Navigation

Jan 30, 2025

Real-time data on coastal conditions will support improved maritime navigation in New York.Navigating New York waterways just got a bit easier. NOAA and the New York State Department of Environmental Conservation announced the establishment…

Efen, Wilson Sons, Port of Açu partner on HVO testing in Brazil

Jan 30, 2025

This month, Wilson Sons received approval from ANP to conduct the first tests on using HVO (Hydrotreated Vegetable Oil) in the Brazilian maritime sector, with efen and Port of Açu as partners.To replace marine diesel oil, efen will import HVO…

First Coastal Virginia Offshore Wind Substation Checks In at US Port

Jan 30, 2025

Port of Virginia’s Portsmouth Marine Terminal has welcomed the arrival of the first substation to be installed at the Coastal Virginia Offshore Wind (CVOW) project.The CS Wind Offshore and Semco Maritime consortium was selected by Dominion Energy…

Navantia Wraps Up Harland & Wolff Acquisition

Jan 30, 2025

Navantia UK, a subsidiary of Spanish shipbuilder Navantia, has completed the acquisition of Harland & Wolff’s facilities in Belfast, Appledore, Methil and Arnish.Under Navantia UK’s management, all four facilities will benefit from extensive expertise in shipbuilding…

Venetian Port Community Engages in Cybersecurity and Digital Twin Training

Jan 30, 2025

More than 180 technicians, operators, and entrepreneurs from the Venetian port community recently participated in a two-day training event focused on cybersecurity and digital twin technology. Organized by the North Adriatic Sea Port Authority…

Action Taken on Risks After Container Ship Breakaways

Jan 29, 2025

Two separate breakaways of container ships berthed at the Port of Brisbane, Australia, after heavy rains highlight the importance of robust emergency and risk management arrangements, according to an Australian Transport Safety Bureau investigation…

Glosten Designing Floating Nuclear Power Plant for US Ports Barge-Based Infrastructure

Jan 29, 2025

CORE POWER (US) Inc. has engaged with Glosten to help its team design a floating nuclear power plant (FNPP) to power U.S. ports. Created by CORE POWER, the FNPP concept is a nearshore infrastructure system that includes a barge-based nuclear power plant…

Port Protests Do Not Stall Oil Loadings in Libya

Jan 28, 2025

Libya's National Oil Corporation (NOC) said oil exports were continuing without disruption following talks with protesters at the Es Sider and Ras Lanuf ports on Tuesday.'Operations are proceeding smoothly across all fields and ports after discussions…

MEGA INFRASTRUCTURE: Inside the Chickamauga Lock Upgrade Project

Jan 28, 2025

This episode of Maritime Matters: The MarineLink Podcast, delves into the critical importance of the inland waterways infrastructure in the U.S., focusing on the Chickamauga Lock Project on the Tennessee River. A trio of experts – Tracy Zea…

Sanctions Bite, Drive Cost of Russian Oil Shipments Soaring

Jan 28, 2025

The trade of Russian oil for March-loading in Asia has slowed significantly as a growing gap between buyer and seller expectations in China has emerged. This disconnect comes amid rising costs for chartering non-sanctioned tankers following new U…

China Grain Imports Plummet 51%

Jan 28, 2025

“In January, grain shipments to China are estimated to fall 51% y/y, partly due to a decline in import demand for soya beans caused by low crusher margins. Although Chinese soya bean production decreased 1% y/y in 2024, inventories are high after a surge in imports in the first half of the year…

Lithuanian Port Building Fuel Cell Powered Tanker

Jan 27, 2025

The hull of Lithuania’s first green hydrogen and electricity-powered ship has been launched by the Klaipėda State Seaport Authority.The tanker will accept waste from vessels entering the port when it enters operation later this year.The tanker’s main function is to collect storm water…

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