AD Ports Group has signed an agreement with national railway company Kazakhstan Temir Zholy JSC (Kazakhstan Railways) to form a joint venture to enhance rail connectivity, maritime shipping services, development of operations in Kazakhstan’s ports…
APM Terminals Callao commenced works on stage 3A of the Multipurpose North Terminal Modernization Project in the Port of Callao this week. The $95 million, 100% private investment, exceeds contractual commitments in the addendum by almost 40%…
Pacific Northwest seaports Seattle and Tacoma have signed design agreements with the U.S. Army Corps of Engineers (USACE) for a pair of waterway navigation improvement projects.The Seattle Navigation Improvement Project, authorized by Congress in 2018…
As low water level continue to plaque the Panama Canal, shipowners and managers are paying the price in the form of longer hauls and higher fuel (and emissions) costs to deliver product to market.In one example, oil tanker Cururo is taking the…
At the 2023 Georgia Transportation Summit, Chief Operating Officer Ed McCarthy detailed the Georgia Ports Authority’s $4.5 billion in projects and plans to enhance port infrastructure over the next decade.The Georgia Transportation Summit is…
Major global lenders should refuse to finance a liquefied natural gas (LNG) project in Papua New Guinea to help keep global warming in check, civil society groups said on Wednesday, as some owners tap banks ahead of a final greenlight next year…
Inbound cargo volume at the United States’ major container ports should continue to slow in the final weeks of 2023 after reaching its peak later than expected this fall, according to the Global Port Tracker report recently released by the National Retail Federation and Hackett Associates…
As maritime faces transcendent changes in terms of decarbonization and automation, Juha Kytölä, Director of R&D and Engineering, Wärtsilä, discusses how this Finnish maritime technology powerhouse is investing in the technologies and facilities…
As the maritime and offshore industries cumulatively search for ways to attract the 'next generation,' Saipem has come up with an innovative approach that gives thousands of students the ability to virtually visit work in the offshore environment…
Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024, a senior executive said on Tuesday.The move comes as the European Union will extend its Emissions…
Istanbul-based tanker operator Palmali has become the top shipper for Ukraine's Black Sea-borne sunflower oil exports, one of the country's key export products, and plans to expand further, its chairman Mubariz Mansimov said.Azeri-born Mansimov…
NAVTOR announced a breakthrough revamp of its Passage Planning module. Featured in the latest release of NAVTOR’s NavStation planning software (version 6.3), the new module offers expanded automation and auto-calculations, effectively slashing…
Norway’s Prime Minister Jonas Gahr Støre and US Special Presidential Envoy for Climate John Kerry are co-leading an international initiative to accelerate reduction of emissions from the shipping sector, and on December 1, during COP28, they…
Calling bottlenecks at the Panama Canal chokepoint a ‘slow burning disaster’, with one vessel operator reportedly paying nearly $4 million to ‘jump the line’, Peter Sand, Chief Analyst, Xeneta, examines the key market trends that will drive the container shipping sector in 2024.
U.S. officials have begun informal talks to prepare for new negotiations on the North American Free Trade Agreement (NAFTA), David Cohen, the country's ambassador to Canada, told CBC News in an interview published Saturday.'On the U.S. side…