The Port of Montreal's new five-year investment plan includes more than $335 million earmarked for infrastructure upgrades and development.The announcement was made by Martin Imbleau, president and CEO of the Montreal Port Authority (MPA) during…
The Port of Toronto announced it moved more than 2.3 million metric tonnes of cargo in 2022, its highest recorded cargo levels in 18 years, and welcomed a record 41 cruise ships and more than 12,000 visitors to its Cruise Ship Terminal.The…
Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year hiatus.In early January, Beijing gave permission to four government-backed firms…
Technology company ZeroNorth announced that it has acquired BTS PTE Ltd., a software platform for marine fuel suppliers, headquartered in Singapore.The deal will see ZeroNorth acquire BTS’s flagship suite of services - iBMS (Intelligent Bunker Management System)…
The Global Center for Maritime Decarbonization (GCMD) has completed trials on two supply chains of biofuel blends for vessel bunkering, the center said on Tuesday.The maritime industry has been trying to source for green fuels to reduce carbon…
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country.The group said the sale of its inland depot facility in Novorossiisk…
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come…
Port Houston reported a dip in container volumes in January, with TEUs down by 1% compared to last January, and 319,990 TEUs for the first month of 2023, down 3,437 TEUs from the same period in 2022.Loaded imports were down 6%, but total imports…
Dutch offshore wind foundation maker Sif this week said it would build the world's largest monopile foundation manufacturing plant in Rotterdam, the Netherlands, with an estimated investment of around €328 million.The plant will be built at the 62 hectare Maasvlakte 2 site in Rotterdam…
Once again, SAAM Towage verified and fully offset the greenhouse gas emissions from its Colombian operations. The measurement process, certified by Bureau Veritas, considered all direct emissions and all indirect emissions from energy consumption…
One of Europe’s largest ferry route and port operators, Stena Line, said it has signed a new deal with U.K. port operator Peel Ports to operate its 12 Quays port and ferry terminal in Birkenhead until the beginning of the 22nd Century. The Swedish…
South Korea's Samsung Heavy Industries shipyard hosted a naming ceremony for the 15,000 TEU LNG dual-fuel vessel Zim Sammy Ofer.The Zim Sammy Ofer is the first of 10 vessel ordered in a long-term chartering agreement between ZIM and Seaspan Corporation…
At least one ship carrying Australian coal that was destined for China has been diverted due to uncertainty around Chinese customs policies following the easing of a ban on imports from Australia, according to traders and shiptracking data.The BBC Maryland…
Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations said on Wednesday the shore base will help reduce shipping costs for supplies by as much as 12% by allowing larger supply vessels to dock…
UAE-based contractor MAR Marine & Building Contractor has taken delivery of a new cutter suction dredger (CSD) that it will utilize at the Al Hamriyah Port expansion project.Built by Damen Shipyards Group, the CSD500 has been named MAR 22. “We…