Russia's Yamal LNG plant, operated by Novatek, has dispatched a first cargo of liquefied natural gas this season via the Northern Sea Route to China, Kommersant daily reported on Friday, citing Kpler data.It said the Arc 7 ice-class tanker Georgiy…
Container shipping company Maersk said on Friday it had temporarily paused vessel calls at Israel's Haifa port amid regional tensions.The Danish company said it did not experience any further disruptions to its scheduled operations in the region…
The Terminal Marítima de Mazatlán (Tmaz), a port controlled by SAAM Terminals, has become the first port in Mexico to receive a BYD vessel carrying electric vehicles.The 2,000 electric vehicles unloaded from the BYD Changzhou are destined for central and northern Mexico…
Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much closer to China, two vessel tracking firms told Reuters, as the country seeks to keep a key source of revenue while under attack from Israel…
Scotland’s largest maritime decarbonization project is now live at the Port of Aberdeen, providing green shore power for vessels at eight berths in the port’s North Harbour.The concept of shore power is simple: allowing vessels to plug directly into power from the port’s renewable energy tariff…
The Port of Los Angeles has completed construction of the $22.7 million Berths 177-182 Wharf Restoration project located along the East Basin Channel in Wilmington.Approved by the Los Angeles Board of Harbor Commissioners in September 2023, the project began construction in November 2023…
Iran and Israel accused each other of endangering commercial activity in sea lanes around the Gulf and the Red Sea at the UN's shipping agency on Wednesday, as their military conflict escalated.Iran's delegation told a session of the International…
Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday.Iran…
X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the world’s largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and improve service reliability…
War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday.The cost of a seven-day voyage to Israeli ports was quoted between 0…
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.Geopolitical risk has spiked following Israel's surprise bombardment…
The Northwest Seaport Alliance (NWSA) has completed installation of a shore power system at Husky Terminal in Tacoma, US.On June 15, the terminal welcomed Hapag-Lloyd’s Kuala Lumpur Express as its inaugural shore power plug-in.The inaugural…
The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical…
Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday.'We are operating so many containers, car carriers and chemical tankers so that it is very…
Marine fuel sales at the United Arab Emirates' Fujairah port hit a three-month low in May, data showed, while market sources said they are monitoring the situation in June as conflict flares between Israel and Iran, heightening regional tensions…