China's COSCO Shipping has suspended operations at Balboa port which is located at the entrance to the Panama Canal, according to local newspaper La Prensa, which published a notice to clients from the shipping and logistics conglomerate.Balboa…
The surge in the spot price of liquefied natural gas (LNG) has dragged seaborne thermal coal prices higher, but only for the higher quality grades that can substitute for natural gas in power generation.The spot price of LNG in Asia more than…
North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo…
SAAM closed 2025 with record financial performance, underscoring the continued strength of its harbor towage business across the Americas while positioning the company for further international expansion. For a company that has spent the past…
The container shipping sector continued its gradual normalization in 2025, and ZIM Integrated Shipping Services’ latest financial results offer a clear snapshot of the industry’s transition away from the extraordinary profits generated during the pandemic-era freight surge…
Semco Maritime and Zamakona Yards have formed a strategic alliance to establish Las Palmas Shipyard, a new hub for rig upgrades, vessel maintenance and offshore modification projects in the Canary Islands.The partnership combines Semco Maritime’s…
Saudi Aramco has offered more than 4 million barrels of Saudi crude in rare tenders as the U.S.-Iran conflict disrupted exports from the Middle East, several traders said.In a tender that will close at 5 p.m. Beijing time (0900 GMT) on Monday…
The European Commission launched its EU Ports Strategy on March 4, and Europe’s ports have welcome it, saying it recognizes the vital role ports are playing for Europe’s economy and society.“The EU Ports Strategy is based on a good understanding of what ports are…
At least five tankers laden with crude oil have left Iranian ports since U.S.-led airstrikes on Iran began on February 28, with liquefied petroleum gas supplies also moving on Friday, according to ship trackers and traders.The Gulf region's…
At this year’s annual Legislative Summit, the American Association of Port Authorities (AAPA) proudly named U.S. Representative Mike Ezell (MS-04) as the 2026 Port Person of the Year for his commitment to the seaport and maritime industry. AAPA…
Hamburg Messe und Congress is establishing 'all about ports' (September 2-3, 2026, Hamburg), an international conference with an accompanying exhibition. The event takes a comprehensive look at modern port infrastructure, technologies and processes…
Australia’s Pilbara Ports has taken a step further towards development of a low-carbon ammonia bunkering hub in the Pilbara by signing a Memorandum of Understanding (MoU) with Yara Pilbara.The Yara Pilbara plant is one of the largest ammonia production facilities in the world…
As other ports explore long-term sustainability strategies, WBCT offers a compelling example of how propane can deliver cleaner operations without sacrificing reliability or cost-efficiency.Ports are the lifeblood of global commerce, moving…
The European Commission has adopted the EU Ports Strategy, a comprehensive framework to step up the competitiveness, resilience, security and sustainability of Europe’s ports.Ports are a cornerstone of the EU economy, handling around 74% of external trade…