The Port of Jacksonville (Jaxport) has been given a $35 million refund for unused prepayments from its recently completed harbor deepening project.The U.S. Army Corps of Engineers (USACE) Jacksonville District presented Jaxport with the $35 million check in March…
The Port of Amsterdam has awarded a contract to PowerCon and subcontractor BAM for the installation of shore power systems at Cruise Port Amsterdam (CPA).The project has received subsidies from both the Ministry of Infrastructure and Water management and the European Commission…
“Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO…
ZIM Integrated Shipping Services Ltd., along with other investors, announced the initial closing of an $8 million financing round in Spinframe. The Israeli shipping company said it led this investment as part of its strategy to invest in early…
I will readily confess that 20 years ago I was not convinced that EV’s were the answer to sustainable energy. Instead, I had long been a fan of hydrogen. I was well aware that there were technical issues associated with hydrogen, but was equally aware that…
A U.S. appeals court on Tuesday rejected a lawsuit filed by environmental groups challenging federal approvals needed to construct a $39 billion project that would move natural gas from Alaska’s North Slope across the state.A three-judge panel of the U…
China’s COSCO Shipping Holdings suspended construction on a tunnel for a major port project in northern Peru after a partial landslide struck, a company official said on Tuesday.The company is working to understand what caused the landslide…
Sean Strawbridge, chief executive of the Port of Corpus Christi, the largest U.S. oil-export port by volume, resigned on Tuesday, the port operator said without providing any explanation.Strawbridge, who was the port’s chief operating officer before taking over the top role in 2018…
A shift to coastal shipping and rail could cut NZ’s freight transport emissions – why aren’t we doing it?According to a recent study, coastal shipping produces a fifth of the carbon emissions (well-to-wheel) of road freight. Rail also performed well…
Fremantle Ports said it is seeking out opportunities with Japan to collaborate and expand their trade relationship.Fremantle Ports CEO Michael Parker and General Manager Strategy, Planning and Performance, Sami Zouad welcomed Consul General of Japan to Western Australia…
A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.The quest for alternative…
A new study from the West Australia – East Asia Iron Ore Green Corridor Consortium finds that ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030…
Maersk's APM Terminals has pledged a €962 million (US$1 billion) investment in its Brazilian operations up to 2026.This figure includes a €296 million of a total €483 million investment exclusively for the Phase One development of a new terminal in Suape…
The Marino Group announces it has opened a 34-acre depot to meet the needs of the container and intermodal trade through the growing port of Mobile and the U. S. Gulf. The new facility provides container maintenance and repair, loaded and empty container storage…
The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine grain, a pact Russia has threatened to quit on May 18 over obstacles to its grain and fertilizer exports.The…