Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end.Snam, which is controlled by the Italian government…
As emissions regulations across the country get stricter, port authorities can take advantage of more than $650 million in funding from the U.S. Department of Transportation Maritime Administration (MARAD). Grant dollars from the Port Infrastructure…
Shipments of iron ore on the Great Lakes totaled 1.6 million tons in March, an increase of 25.5% compared to 2023, according to latest figures published by trade group the Lake Carriers’ Association (LCA). Loadings also topped the month’s 5-year average by 47…
Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company…
The MV Dali, a 984-foot, 100,000-ton cargo ship, rammed into the Francis Scott Key Bridge when leaving Baltimore harbor on March 26, 2024, causing a portion of the bridge to collapse.In an interview, University of Michigan civil engineer Sherif…
Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial shipping remains blocked by the collapsed bridge and stranded container ship that brought the structure down a week ago…
Van Oord’s cutter suction dredger Biesbosch and trailing suction hopper dredger Vox Apolonia are teaming up to dredge the Prinses Amaliahaven located on Maasvlakte in Rotterdam, the Netherlands.A consortium of Van Oord, HOCHTIEF and Ballast Nedam has constructed 2…
Hans Olav Raen has been appointed CEO of Yara Clean Ammonia effective May 1, 2024.Raen has until now been Business Director and heading OCI’s fertilizers business in Europe. He has more than 25 years of experience in the fertilizer industry…
McCarthy Building Companies, Inc. has completed a $31.5 million upgrade of the Barbours Cut Terminal Container Yards 4 North and 5 North for the Port Houston Authority. The project was part of a modernization program to increase cargo handling efficiency…
South Africa expects to increase citrus exports this year as younger trees begin to produce and help to offset the impact of infrastructure challenges and higher input costs, the national growers' association said on Tuesday.The world's second…
China and India lifted imports of seaborne thermal coal to three-month highs in March as the world's two biggest buyers took advantage of lower international prices of the fuel to meet strong domestic power demand.China, the world's biggest coal producer and importer…
ClassNK has carried out a regular reshuffle of its full-time executives, underlining its commitment to charting the maritime industry’s shift through a period of significant transformation. President & CEO Hiroaki Sakashita and Senior Executive…
Port of Aberdeen has stepped closer to becoming a strategic hub for floating offshore wind, with its proposed South Harbour upgrade project progressing to Stage 2 ‘priority’ status in the Scottish Offshore Wind Energy Council’s (SOWEC) strategic investment model…
SSA Terminals (SSAT/ST), a joint venture between SSA Terminals and Terminal Investment (TiL), and The Northwest Seaport Alliance (NWSA) have announced the opening of Phase 2 of the Terminal 5 Modernization Program.The expansion project has culminated…
AD Ports Group has issued its 2023 Annual Report highlighting significant expansion of its international footprint significantly in 2023, particularly following the integration of Noatum, a global logistics platform with a presence in 27 countries…
