“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million barrels per day (mbpd) in week 23, the bloc’s highest weekly loadings since April 2023…
The UK Port of Milford Haven has announced a year of further growth in its 2024 annual report, reporting an operating profit of £6.8 million ($9.2 million) after a 2023 profit of £4.1 million ($5.6 million).The Port continued its investment in support of pilotage operations…
ADNOC Logistics & Services Plc (ADNOC L&S) has signed a 15-year strategic partnership agreement with Borouge, worth $531 million, to manage shipping and port logistics for the company’s expanding petrochemical exports.The agreement positions…
ORLEN Group has opened Poland’s first installation terminal dedicated to offshore wind farms, located in Świnoujście, with the facility securing its first long-term lease agreement with global offshore wind player Ocean Winds.The Świnoujście…
Cavotec has signed a shore power order from Equans for the Port of Antwerp-Bruges in Belgium with a total value of approximately USD$1.77 million (EUR 1.55 million). The system will contribute to reduced emissions and supports compliance with international environmental regulations…
RWE Offshore Wind has awarded two long term agreements to Clarkson Port Services to support the operations and maintenance activities at its 1.6 GW Nordseecluster offshore wind project.The Dutch division of Clarkson Port Services will build a new warehouse facility in the port of Eemshaven…
Propane is a fossil fuel, but it is a clean fuel that is more easily adaptable to port and maritime operations as compared to most other non-conventional future fuel. Jim Bunsey, Senior Manager, Business Development, Propane Education Research Council (PERC)…
A Florida-based federal emergency response team that reopens U.S. ports after storms and accidents is unstaffed this hurricane season largely due to widespread federal workforce reductions driven by the Trump administration, according to two sources familiar with the matter…
Today, the Port of Corpus Christi announced the completion of the Ship Channel Improvement Project—now the deepest and widest draft channel along the Gulf Coast.In 2017, the Port of Corpus Christi commenced work on the Ship Channel Improvement…
Klaipėda Port is moving toward its goal of becoming the first port in Lithuania and the Baltic States to produce and supply green hydrogen for vessels, various types of port equipment, and private transportation. The construction tender procedure…
Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks, a government minister said on Friday.Almost 400…
Sempra Infrastructure has been issued a permit from the U.S. Department of Energy (DOE) for the Port Arthur LNG Phase 2 development project which will allow the export of up to approximately 13.5 million tonnes per annum (Mtpa) of U.S.-produced…
DP World, a global provider of smart end-to-end supply chain solutions, welcomed the inaugural calls of the CI6/SIS/CISC2 and SI8/AIS5 service at its Nhava Sheva terminal, strengthening the terminal’s connectivity with key Asian economies and…
India's Adani Ports and Special Economic Zone, the country's largest private port operator, has accepted bids worth 50 billion rupees ($584.8 million) for bonds maturing in 15 years, two merchant bankers said on Thursday.The company will pay an annual coupon of 7…
NOAA’s first Physical Oceanographic Real-time System, or PORTS®, at Pearl Harbor-Honolulu, Hawaii, is now operational. Installed by NOAA's National Ocean Service, data from the new publicly available observation system advances NOAA’s ability…