Investment firm GQG Partners raised its stake in Adani Ports And Special Economic Zone Ltd on Aug. 17 to 5.03% after buying more shares, GQG said in a disclosure on Saturday.GQG Partners, which held a 4.93% stake in Adani Ports, acquired another 0…
Electric-vehicle batteries and other car parts are the latest products under scrutiny as part of Washington's effort to stamp out U.S. links to forced labor in Chinese supply chains, according to a document seen by Reuters, agency statistics and sources…
A cargo of Iranian crude oil that was seized by the United States was unloading on Sunday after waiting two-and-a-half months off the coast of Texas to discharge, ship tracking data showed.Suez Rajan, a Marshall Islands-flagged tanker, has been anchored off Galveston…
Pipeline operator Energy Transfer on Friday requested a new and expedited export license for its proposed Lake Charles, Louisiana, LNG plant, according to a filing with the U.S. Department of Energy (DOE).The department in May had refused a…
Dubai's state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even as revenue climbed nearly 14%, and flagged an uncertain outlook for trade.Profit attributable to DP World's owners in the six months to June was down 9…
Houston-based dredging contractor Great Lakes Dredge & Dock has been awarded a contract from the U.S. Army Corps of Engineers' New Orleans District for Mississippi River dredging in Plaquemines, La.Great Lakes was one of two bidders for the project…
The U.S. Army Corps of Engineers, St. Paul District, began dredging the Mississippi River navigation channel near Brownsville, Minn., in Pool 8 this week to ensure the channel remains open for commercial navigation.Dredging is expected to continue in this area through Labor Day…
Swiss-based firm Implenia and NorSea's WindWorks Jelsa have signed an agreement to develop a production and assembly facility for large concrete or steel structures for the floating offshore wind industry at Norway’s west coast.Implenia and NorSea will become equal minority shareholders (approx…
ClassNK recently released FAQs on the FuelEU Maritime (1st Edition), an overview and necessary preparation for FuelEU Maritime, regulations newly introduced by the European Union (EU) to promote the decarbonization of fuels used on board ships…
IGGS Group, a maritime networking specialist, is taking the helm to organize the American Maritime Forum in Miami on October 24-25, 2023. This event carries significant weight within the maritime sector, bringing together key players from the local…
The German government will examine the finances of Deutsche ReGas, the operator of a planned liquefied natural gas (LNG) terminal on the Baltic coast opposed by local authorities, it said in a response to a lawmaker seen by Reuters on Thursday…
The International Bunker Industry Association (IBIA) announced the appointment of Dr. Edmund Hughes as its International Maritime Organization (IMO) Representative, effective from September 1, 2023. Dr. Hughes will succeed Unni Einemo.A prominent figure in the maritime community…
“Driven by continued growth in minor ore demand in China, global seaborne minor ore exports rose 7% y/y in the first seven months of 2023, vastly outpacing the 2% y/y growth in overall dry bulk exports,” says Filipe Gouveia, Shipping Analyst at BIMCO…
The U.S. Coast Guard (USCG) has published a Proposed Rule in the Federal Register outlining U.S. Great Lakes pilotage rates for the 2024 shipping season.The new rates seek to generate revenue for each of the three U.S. Great Lakes pilot associations…
Evergreen Marine has officially opened Terminal 7 at Kaohsiung Port, a smart terminal expected to drive ongoing growth of shipping related industries within southern Taiwan. The terminal is the first and largest fully-automated container terminal…
