Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday…
Three Belgian and three Houston-based partners have signed a memorandum of understanding (MOU) to boost transatlantic cooperation on the green transition.The Center for Houston’s Future, Waterstofnet, Port Houston, the Port of Antwerp-Bruges…
Germany's emerging liquefied natural gas (LNG) terminal in the Elbe river port of Stade expects its floating regasification vessel (FSRU) to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids, its management said on Wednesday…
With preliminary studies, risk analyses, simulations, environmental permits and other types of preparatory work already completed, the final obstacle has now been overcome to kick-start the Skandia Gateway project. This is via approval from the EU Commission…
Snam has finalized the 400 million euro acquisition of a new floating liquefied natural gas (LNG) terminal that will be located offshore from the city of Ravenna, the Italian gas grid operator said on Monday.The new ship dubbed BW Singapore has a storage capacity of about 170…
January loadings of North Sea crude oil grade Troll will fall slightly from the previous month, with Oseberg loadings set to be steady from December, according to loading schedules seen by Reuters.A total of five cargoes - each 700,000 barrels - of Troll will load next month…
Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies…
Some 151 ships have used Ukraine's new Black Sea shipping corridor since it was set up in August, the Interfax-Ukraine news agency reported on Friday, citing a senior government official.A total of 4.4 million metric tons of cargo, including 3…
Peel Ports Group is to extend its steel and metals terminal in response to strong growth in customer demand at the Port of Liverpool.The U.K.’s second largest port operator began construction of the 20,000 square foot extended warehouse at its…
Insurance broker Marsh MMC.N, Lloyd's of London insurers and Ukrainian state banks have launched a programme to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor, Marsh said on Wednesday.Kyiv…
A new direct freight rail service connects the Port of Barcelona with the French cities of Toulouse and Lyon. The container service, created by the companies APM Terminals Railways Spain, Synergy and Naviland Cargo, located at the BEST railway terminal…
Fincantieri announced on Monday it has reached a deal that will allow it to expand its shipbuilding footprint in the port of Ancona.The Italian shipbuilding company said it has signed a program agreement with the Port System Authority of the…
Danish shipping company DFDS announced it has committed to investing in battery-powered vessels to help decarbonize the maritime traffic across the English Channel.Following a meet between French Minister for Foreign Trade, Attractiveness and French Nationals Abroad…
Throughput at Antwerp-Bruges port fell in the first nine months of 2023 as geopolitical and economic instability hit demand for container traffic and steel volumes dropped, the port said on Tuesday.Global port congestion after the COVID-19 pandemic…
Agricultural producers in Ukraine say a new Black Sea corridor could enable exports of up to 2.5 million metric tons of food a month, almost offsetting the impact of Russia's decision to quit a U.N.-brokered deal to allow grain shipments through the region…
