Russia's seaborne diesel and gasoil exports are expected to fall in August to the lowest since September 2023 at 2.7 million-2.8 million metric tons due to refinery maintenance and domestic fuel demand, LSEG and market sources data show.Russia's…
Romania said on Wednesday it aimed to buy neighboring Moldova's Danube River port of Giurgiulesti from the European Bank for Reconstruction and Development (EBRD) as it seeks to boost its logistics role in central and southeast Europe.The port…
Nigeria's state-owned NNPC Ltd oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.The oil refineries, which are being upgraded after being shut for several years…
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…
Traders are slated to load record volumes of diesel on very-large crude carriers (VLCCs) from Asia to West of Suez markets in August, a trend likely to continue next month, data from trade sources and shiptrackers showed.Five supertankers - Maran Leo…
The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…
U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to return to service on Thursday after shutting on Wednesday, LSEG data showed.Freeport is one of the most-watched U.S. LNG export plants in the world…
An agreement regarding the multi-sector project Marine Off-Loading Facility “MOLF”, which is an element of the infrastructure accompanying the construction of the first nuclear power plant in Poland at the Lubiatowo-Kopalino location, was signed in the presence of Dariusz Klimczak…
The Port of Bellingham announced it has secured a $17.9 million federal grant from the U.S. Department of Transportation (DOT) to reconnect the Bellingham Shipping Terminal to the BNSF main line and return this asset to a fully functioning multimodal terminal…
NOLA Terminal announced it has hired Taylor S. Turkmen as its new business development manager.NOLA Terminal is building a facility at milepost 59 on the Mississippi River to offer a range of logistical connectivity, handling and storage options…
Just shy of 10 years old, United Heavy Lift (UHL) recently welcomed its 19th ship to the fleet, an F900 eco-lifter. In advance of the ship delivery festivities in mid-July, we had the chance to chat with Andreas Rolner, Managing Director of UHL…
Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on Tuesday, after agreeing to a new five-year deal.The agreement averted further issues in an already-strained global supply chain…
As the shipowners stare down decarbonization mandates that grow increasingly strict through 2050, the engine makers are at the tip of the spear of this energy transition phenomena, working to design and build engines and components that are…
Eleven ports in Washington have been awarded a total of $26.5 million to electrify their operations, a move aimed at cutting greenhouse gas emissions by over 140,000 metric tons over the next decade. This funding marks the inaugural round of grants from the Port Electrification Grant Program…
The Panama Canal expects to be ready to combat a possible new drought, which could hit the world's second-largest waterway within four years, by accommodating larger vessels, securing dedicated passage for some ships and expanding its water reservoirs' capacity…
