The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers. Korea Gas Corp (KOGAS) said on Thursday it had signed…
Port of Rotterdam signs a ‘memorandum of understanding’ (MoU) with the State Government of Ceará with the purpose to jointly study a potential cooperation. This may lead to the joint venture Industrial Port Complex of Pecém. The MoU is…
The Cabinet Committee on Economic Affairs, India chaired by the Prime Minister Narendra Modi here on Wednesday approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II). The…
Libya's oil production has reached 700,000 barrels per day (bpd), the National Oil Corporation (NOC) said on Wednesday, recovering from a drop earlier this month caused by fighting at two key oil ports. 'We are working very hard to reach 800…
While the first-half of 2016 was tough for many due to global economic conditions, a strong fourth quarter has spurred optimism as the 2017 shipping season gets underway with this week’s opening of the Great Lakes – St. Lawrence Seaway system…
Oil company Royal Dutch Shell has signed a three-year contract to lease storage tanks at a large terminal in Panama that had been used by U.S. refining company Tesoro Corp, sources involved in the deal told Reuters.The facility, designed for storage and transshipment of crude oil to tankers…
iContainers, the 100 percent online freight forwarder, says that the new shipping alliances set to come into effect next week will lead to a shortage of options for freight forwarders. Starting April 1st, the previous four alliances will be regrouped to three - THE Alliance…
Portrix Logistic Software (PLS) has created a bespoke Excel extension for its market leading Global Price Management (GPM) package, transforming the process of logistics tender management. With the new extension, christened Tender Assistant…
The Georgia Ports Authority has commissioned the first of four new Neo-Panamax ship-to-shore cranes at the Garden City Terminal, bringing its fleet to 23 -- more cranes than any other U.S. terminal -- with three machines yet to come online. 'Expanding…
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, has announced that its 2017 Guardian Award will be presented to ConocoPhillips, a Houston-based oil and natural gas producing company…
The Washington State Supreme Court has ruled in favor of the Port of Vancouver USA in an appeal brought by Columbia Riverkeeper and Northwest Environmental Defense Center. The court’s March 16 decision affirmed the Washington Court of Appeals’…
Indonesia is cracking down on corruption and widespread graft at some of its top coal export hubs, disrupting shipments to destinations across Asia. Indonesia is the world's top exporter of thermal coal, still the main feedstock for global power generation…
Maersk Line, the world's biggest container shipping firm and part of Danish conglomerate A.P. Moller-Maersk, has offered concessions to EU antitrust regulators in an attempt to get approval for the takeover of German rival Hamburg Sud. A ruling on the deal…
The Northwest Seaport Alliance, consisting of the ports of Seattle and Tacoma, has recorded an 8 percent year-to-date increase in container cargo through February. International container volumes for the month of February remained steady with a 9…
BG Freight Line, a fully-owned subsidiary of Peel Ports Group, is introducing a new weekly container service between Cork and Liverpool. This is the first time the two ports have been connected directly, with the service starting on Monday 27 March…
