Development News

 

Panama Canal Unveils Decade Roadmap of Transformation

Sep 16, 2025

The Panama Canal has unveiled a ten-year roadmap designed to reinforce its strategic role in global trade, safeguard long-term sustainability, and deliver tangible benefits to the nation.The canal’s vision rests on two main pillars. First, water security, achieved through increased storage capacity for human consumption and canal operations which ensure resilience over the long term. Second, sustained growth…

WACT to commence Phase 2 Upgrade

Feb 20, 2020

The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos.Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes…

Sembcorp in Offshore R&D Pact with A*Star

Feb 18, 2020

The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors…

Logistics News

FMC Decision Upheld That Detention Fees During Port Closure Are Unfair

FMC Decision Upheld That Detention Fees During Port Closure Are Unfair

AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey

AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey

BCT Gdynia Receives Two LHM 550 Harbor Cranes

BCT Gdynia Receives Two LHM 550 Harbor Cranes

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

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There are some flights to the Middle East that have resumed but there is still disruption.
Venture Global's liquefaction fees for the second quarter of 2014 have risen 69% due to Iran war and higher LNG prices
Sources say that some war insurers recommend shipowners stop Hormuz voyages following attacks.