The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama Canal's water levels and contributed to shipping restrictions that disrupted global trade, a study released on Wednesday found.Prioritizing…
U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG…
Logistical constraints at the Port of Vancouver mean waterborne oil exports from the highly anticipated Trans Mountain pipeline expansion due to start up on Wednesday may only be around half what the Canadian government-owned corporation has forecast…
Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found new buyers. “India and China have taken most of the crude oil and dirty products while Turkey and Brazil have emerged as the main buyers of CPP…
The European Sea Ports Organisation (ESPO) has released the ESPO Port Investment Study 2024 which states that the investment needs of European port managing bodies amount to €80 billion ($85 billion) over the next 10 years.The study, prepared by Dr…
Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…
BIO-UV Group has received an order from SIEM Ship Management to supply its BIO-SEA Ballast Water Treatment Systems for a trio of SIEM-managed car carriers. The order, for retrofit installation to the Siem Copernicus, Siem Curie and Siem Socrates…
LDD, an Acteon company, has been awarded a contract by George Leslie to perform piling works on the Kennacraig Port's ferry terminal in Scotland.LDD, a marine foundations brand within Acteon, is supplying reverse circulation drilling (RCD) services…
The New Zealand government may restart the live export trade which has been banned since May 1, 2023.The ban was imposed in response to veterinarians, animal welfare advocates and the New Zealand public decrying conditions and outcomes for the animals…
CMPC has signed a deal with Brazil's southernmost state of Rio Grande do Sul to evaluate building a new, $4 billion pulp plant there, the Chilean pulpmaker said on Monday.The new project, which would be in the city of Barra do Ribeiro, would initially have the capacity to produce up to 2…
The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday…
The U.S. military's cost estimate to build a pier off Gaza to deliver humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters.The figure, which has not been previously reported,…
Dredging of the Cleveland Harbor federal navigation channel by the U.S. Army Corps of Engineers, Buffalo District and its contractor, Michigan-based Ryba Marine Construction Co., will begin in May. Dredging of harbors like Cleveland’s ensures accessible depths for large vessels…
Crowley has named Phil Shook as senior vice president and general manager of Land Transportation Services to lead the company’s newly created business unit.The formal creation of the business unit reflects Crowley’s growth strategy and opportunity in the sectors…
Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting 'for just the right moment to deal a devastating blow,' FBI Director Christopher Wray said earlier this month.An ongoing Chinese hacking campaign…
