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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

MOL, Hitachi to Develop Floating Data Centers from Used Ships

MOL, Hitachi to Develop Floating Data Centers from Used Ships

UK Grants $85M to Develop Port Talbot Floating Wind Hub

UK Grants $85M to Develop Port Talbot Floating Wind Hub

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

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Kuwait airport damaged by drones. Radar system damaged. No casualties reported
New York Times Business News - March 30,
South Korea is considering nationwide driving restrictions as oil prices rise