U.S. power and gas utility Sempra Energy said on Monday the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal received the financial greenlight to move ahead with investment firm KKR & Co agreeing to a minority stake in the project…
The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment…
Fastener Fair USA is back, taking place at Music City Center in Nashville, TN from May 16-17, 2023. This year's event promises to be bigger and better than ever, with new exhibitors, industry-leading products, and a range of educational and networking opportunities…
Stolt Tankers acquired two 15,000 dwt stainless steel chemical tankers built in 2018 and 2019 respectively. The ships will be named Stolt Condor and Stolt Tucan, joining Stolt Tankers’ Inter-Caribbean service (SNICS) improving Stolt Tankers’…
U.S. marine terminal and logistics company Enstructure announced Monday that it has acquired Richardson Companies, a terminal and logistics company with primary operations in Port Houston and the Port of Mobile.Richardson handles a diverse mix of breakbulk cargoes…
Samskip, duisport and TX Logistik AG will jointly operate the CT terminal at logport III in Duisburg-Hohenbudberg in the future. For this purpose, the three partners have founded the new company 'Ziel Terminal GmbH'. Samskip will hold 49.8 percent of the shares…
Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow, a company spokesperson said.The industrial action is part of a nationwide…
The Great Lakes' 2023 shipping season will commence on March 25 with the opening of the Poe Lock at 12:01 a.m., the U.S. Army Corps of Engineers, Detroit District announced.The operating season is fixed by federal regulation and driven in part…
I. MoneyNo one ever said it’s easy to understand federal budgets and spending plans. Nevertheless, a general sense of clarity and straightforwardness is critical for any review of public expenditures. This becomes more pressing when tracking revenue and expenditures linked to specific users’ fees…
Ally Cedeno, founder and president of the Women Offshore Foundation, has been selected to address California State University Maritime Academy’s class of 2023 at its Commencement Ceremony on Saturday, May 6. Cedeno is a 2008 graduate of the U…
The leader of the busiest U.S. seaport on Friday said February's cargo volume hit the lowest level since the start of the pandemic as inflation and economic upheaval hurt demand, and signaled that activity may not pick up until the second half of this year…
Renewable energy developer Vattenfall has selected the port at Great Yarmouth, run by infrastructure specialists Peel Ports, as the preferred location for the operations and maintenance base for the Norfolk Offshore Wind Zone.When completed…
PSA Halifax announced that it has signed an agreement with the Finland's Konecranes to purchase eight new electric rubber tired gantry cranes (E-RTGs) for its Atlantic Hub terminal.This purchase will expand the terminal’s handling capacity by…
UAE-based AD Ports Group said it has signed a head of terms with the Ministry of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, for a new multipurpose terminal in Pointe-Noire in the Republic of Congo…
Norway exported more than 120 billion cubic metres (bcm) of gas in 2022, mainly via pipelines, making it Europe's largest gas supplier following a drop in Russian flows last year.The Nordic country exports its gas via a network of subsea pipelines to consumers…