AD Ports Group and the Vietnam Maritime Administration (VINAMARINE), have signed a memorandum of understanding (MoU) to bolster commercial opportunities across various sectors, including ports, logistics, digital solutions, economic cities, free zones…
Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding (MoU) worth $1.1 billion to supply ships with green fuel, a Suez Canal statement said on Sunday.The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100…
Angad Banga of the Caravel Group was elected as new Chairman of the Hong Kong Shipowners Association (HKSOA). He succeeded Wellington Koo, of Valles Steamship Co., Ltd, who stepped down after completing his two-year term as Chairman of the HKSOA…
Speaking after the November 30 OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+ to continue with its previously announced production cuts and Saudi/Russia to extend their voluntary production cuts to the end of Q1 2024 is not a surprise…
PSA Breakbulk in the Port of Antwerp-Bruges has become the first shipping terminal in Belgium to control visitors’ access to its facilities through biometric facial recognition.PSA Breakbulk installed the new technology, provided by the Ghent-based startup NineID…
As risks of cargo diversion to the detriment of EU ports are becoming more and more real with the upcoming entry into force at the beginning of 2024 of EU ETS for shipping, local organizations are voicing their concerns.The Federation of European Port Companies and Private Terminals (FEPORT)…
Cosmos Van Oord, a joint venture (JV) of Cosmos Shipping and Van Oord, has been awarded a dredging project at Port of Burgas, the biggest port in Bulgaria.The project is part of the construction of a new deep-water berth at terminal Burgas-West in the Port of Burgas…
Russia's Novorossiisk port resumed oil loadings after a severe storm on Thursday, two sources familiar with the port's operations told Reuters.The loadings started as the weather conditions improved after the storm had suspended exports since last week…
A dredge building boom that has been underway in the United States for several years is still going strong as the market remains highly completive for solid project workloads in both the public and private sectors.According The Mike Hooks Report…
Latest data from Xeneta suggests 2024 could be even more brutal than expected for carriers in the ocean freight shipping market, as the Xeneta Shipping Index (XSI), which tracks real-time developments in global long-term contracted rates, today stands at 158…
Oil loadings from the Black Sea port of Novorossiysk and the Caspian Pipeline Consortium (CPC) terminal have not resumed due to an ongoing storm forcing exporters to look for alternative routes, three sources familiar with exports told Reuters on Wednesday…
CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes…
A new report provides insights into animal welfare issues during transport within and from the EU.Around 44 million farmed animals a year are transported, including unweaned calves and lambs on journeys from Europe lasting up to three weeks…
A severe storm in the Black Sea region has disrupted up to 2 million barrels per day (bpd) of oil exports from Kazakhtsan and Russia, according to state's officials and port agent data.Oil loadings from Novorossiysk and the Caspian Pipeline…
January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.A total of five cargoes - each 700,000 barrels - of Troll will load next month…