Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…
BP said on Thursday that contaminants were detected in some of the oil tanks at Turkey's BTC Ceyhan terminal following assessment of the facilities, adding that oil loadings continued from other reservoirs.The reports about Azeri BTC oil being…
An Indian company shipped $1.4 million worth of an explosive compound with military uses to Russia in December, according to Indian customs data seen by Reuters, despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort…
TOTE Group, a leader in transportation and logistics, announced the appointment of Jason Grear, CPA, as its Chief Financial Officer (CFO), effective today, July 24, 2025. Grear brings over 20 years of accounting and finance experience to the organization…
Russia's FSB security service has started handing out clearance for foreign tankers to access the Black Sea ports, allowing for Kazakhstan's oil exports to resume after they were halted for nearly a day, four industry sources said on Thursday…
An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy's Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday.Two tankers…
In Düsseldorf, Deloitte has opened the 'SmartFactory,' a model factory where customers can experience Industry 4.0 live. It is intended for all industries involved in the development and production of cyber-physical systems and which have to…
A Brazilian judge has rejected a request by Danish shipping group Maersk to suspend a bidding process for the Tecon 10 terminal at Brazil's Port of Santos pending its call for a review to allow firms already operating there into the first phase…
A liquefied petroleum gas tanker moored at the Enterprise Products Partners terminal along the Neches River in Texas, ship tracking data showed on Wednesday, the first vessel to arrive for loading at the facility.Energy research firm Vortexa said the mooring signaled the commissioning of the plant…
Blair Garcia, a longtime leader in the maritime industry, has joined HDR as the global maritime director. He will build on the firm’s strong foundation of maritime and coastal engineers, scientists and experts, while adding new services and…
The UK Emissions Trading Scheme (UK ETS) Authority has published an interim response to the 2024 UK ETS Expansion to Maritime consultation. This confirmed the decision to proceed as planned, which will bring offshore vessels into the UK ETS earlier than the EU scheme…
“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during…
The Suez Canal Automotive Terminal (SCAT), a joint venture among NYK, Africa Global Logistics (AGL) and Toyota Tsusho Corporation, has officially opened Egypt's first finished-vehicle logistics terminal.With an anticipated increase in finished…
TotalEnergies and CMA CGM Group have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the port of Rotterdam, in the Netherlands…
China's state-owned shipping company China COSCO Shipping is looking to join the global consortium that's acquiring Hong Kong business tycoon Li Ka-shing's overseas ports and is requesting veto rights or equivalent power in the entity which will take over 43 ports…