Exxon Mobil and Qatar Petroleum announced a final decision to finance a $10 billion-plus project to export liquefied natural gas (LNG) from the Texas Gulf Coast.Construction of the Golden Pass LNG export project located in Sabine Pass will begin…
The M/V Zhen Hua 25 departed Shanghai, China last month with two new super post-Panamax container cranes bound for South Philadelphia.The two behemoths will navigate a lengthy global trek before reaching the Delaware River for an expected mid-March arrival to the Packer Avenue Marine Terminal…
Belgium-based natural gas transmission system operator Fluxys and Netherlands-based Titan LNG have joined forces to build the FlexFueler 002, a bunkering pontoon to make liquefied natural gas (LNG) more widely available as shipping fuel in the Antwerp port and region…
Swedish Ports of Stockholm summarized 2018 as a record revenue year, with stable freight volumes and a record number of cruise passengers.Sweden’s biggest passenger port saw more than 16 million passengers travelling by ferry, cruise ship or on archipelago services in 2018…
The European Commission has approved the creation of a joint venture by Swedish Stena Rederi, part of Stena AB, and German Glovis Europe, which is controlled by South Korean Hyundai Glovis.Earlier, the companies have filed a merger application…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Danae.The global shipping company…
Spain's Port of Barcelona closed financial year 2018 with a 15% increase in container traffic and record results in the main traffic indicators.According to a press release, the results also confirm the increase in intermodality, with significant growth in rail transport and Motorways of the Sea…
North P&I Club has launched its comprehensive new series of bite-sized training packs to help seafarers avoid the contributing factors to workplace casualties, as well as unplanned events that did not result in injury, illness, or damage – but had the potential to do so…
SpotSee has promoted Dale Glen from director of supply chain to vice president of supply chain.In this role, Glen is responsible for directing and coordinating supply chain processes, procurement, production and resource planning. He will be responsible for costs…
DP World reported a fall of 4.6 percent in fourth-quarter shipping container volumes in Dubai that the government-controlled port operator blamed on a drop in low-margin business.Dubai's Jebel Ali, the largest transshipment port in the United Arab Emirates…
Sri Lankan customs officers on Tuesday called off a strike that left 6,000 containers stranded at the country's main port and put pressure on food prices, after the government agreed to reinstate their boss for three months.The strike by thousands…
On February 1, Vincent Touya joined Dachser USA as Managing Director at the company’s US Regional Office in Atlanta.Touya is from France and has held several managerial positions during his 30-year tenure with the family-owned company. Previously…
South Carolina Ports Authority announced the strongest January on record and 12.5 percent fiscal year-over-year growth of container volume.SCPA handled 205,689 twenty-foot equivalent container units (TEUs) last month. Since the Port’s fiscal year began in July…
Georgia Ports Authority Executive Director Griff Lynch unveiled GPA's Big Berth/Big Ship program that will allow the Port of Savannah to simultaneously handle six 14,000 TEU vessels by 2024.'No other single container terminal in North America has the ability to expand berth capacity at this rate…
Bahri reported a revenue growth of 24.2 percent for the quarter ending December 31, 2018. Total revenues grew to $475 million compared to $381 million during the same period in 2017.For Q4 2018, Bahri registered a net profit of $24.3 million…