As maritime carriers are increasingly pressed to prove their environmental performance, Xeneta recently unveiled its new Carbon Emission Index tool, using it to assess the best – and worst – container carrier performers. Peter Sand, Chief Analyst…
Danish ship designers OSK continue to cement its position within naval ship design with the establishment of OSK Defense – a strategic department solely designated to specialized naval design, both nationally and internationally. Heading the new department will be Commander Lars Povl Jensen…
Allianz just released its 12th Risk Barometer, an annual corporate risk survey incorporating the views of 2,712 risk management experts in 94 countries and territories, including CEOs, risk managers, brokers and insurance experts. The overall…
Florida’s 16 seaports experienced a new record high of 112.5 million tons of cargo received during 2022, a 6% increase over 2021, a newly released report from the Florida Seaport Transportation and Economic Development Council (FSTED) shows…
Finland's Konecranes reports it has received an order to deliver two mobile harbor cranes to Guyana's Port of Georgetown.In Q3 2022, two port operating companies in Guyana – Muneshwers Ltd. and John Fernandes Ltd. – made a joint order for two…
Joining forces to create the green hydrogen supply chain from Spain to the Netherlands, Cepsa and ACE Terminal have signed a Memorandum of Understanding (MoU). The Spanish energy company will supply green ammonia to the planned ACE import terminal in the port of Rotterdam…
Wilhelmsen Port Services has completed its acquisition of Vopak Agencies first announced in October 2022.Vopak Agencies, which has now become a Wilhelmsen group company, is a specialist within both hub services and port agency in the tanker…
A recently completed terminal expansion project at Canada's Port of Vancouver is set to boost capacity amid projected cargo volume growth at the Canadian West Coast seaport.The Construction on the Centerm Expansion Project—delivered by the the…
Law firm Squire Patton Boggs (SPB) has partnered with freight market information organization The Baltic Exchange to provide a vessel sale and purchase (S&P) transaction closing service for the global shipping industry. The service will be led…
Ukraine will ask Turkey and the United Nations this week to start talks to roll over the Black Sea grain deal, seeking an extension of at least one year that would include the ports of Mykolaiv, a senior Ukrainian official said on Wednesday…
PortXchange Products B.V., the Netherlands-based digital solutions provider for predictable and sustainable shipping, announced the launch of PortXchange EmissionInsider, with the Port of Rotterdam acting as the launching customer.PortXchange…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
Tradepoint Atlantic, a 3,300-acre global multimodal logistics hub and industrial center, announced that the Port Tampa Bay’s Board of Commissioners approved a lease agreement with Tradepoint Tampa for 35 acres of land to build a new trans-load warehouse distribution facility…
Norwegian energy company Equinor announced it has entered into an agreement to sell its oil terminal in the Bahamas to Estonian logistics and investment business Liwathon. Financial terms of the deal were not disclosed.The South Riding Point oil terminal at the Grand Bahama Island…
Freeport LNG, the second largest U.S. liquefied natural gas exporter, said on Tuesday it had received regulatory approval to restart commercial operations at its Texas processing plant.The U.S. Federal Energy Regulatory Commission (FERC) approved the partial restart of two liquefaction trains…