DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India.The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP)…
The Port of Los Angeles announced it is inviting comments on a draft Request for Proposals (RFP) for the future development of a new Outer Harbor Cruise Terminal and redevelopment of the existing World Cruise Center on the LA Waterfront.“This…
The Port of Corpus Christi was awarded $16.4 million through the U.S. Department of Energy’s (DoE) Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative to evaluate the technical and economic feasibility of permanently storing captured carbon dioxide (CO2) from industrial operations…
“Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-COVID trend. However, sales volumes could return to trend during 2023 and thereby pose a risk for Asia to North America container volumes…
Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow's flagship Urals grade held below an international price cap, according to market sources and Eikon data.The Group of Seven nations (G7), Australia…
Brazil-based Log-In Logística Intermodal are working with Nautilus Labs to achieve reductions in fuel consumption and carbon emissions, optimized operations, and successful digital adoption across the latter’s organization.“We chose to partner…
Titan, the independent supplier of low and zero-emission fuels, acquired two small scale LNG carriers – the Seapeak Unikum and Seapeak Vision – from Seapeak, the Canadian gas transportation company formerly known as Teekay LNG Partners. The…
Iron ore futures fell on Tuesday, with the Dalian benchmark price pulling back from the previous session's contract high, as traders assessed demand in top steel producer China while also keeping an eye on regulatory risks.The steelmaking ingredient…
China is set to receive at least two cargoes of Australian coal in early February, according to traders and shiptracking data, the first since an unofficial ban on imports in place since 2020 was lifted earlier this month.Coal traders will be…
WinGD and CMB.TECH announced plans to collaborate on a fleet of ammonia fuelled bulk carriers. The pair signed an agreement on the development of ammonia-fuelled two-stroke engines, aiming to install the ammonia dual-fuel X72DF engine on a series of ten x 210…
Ports of Stockholm is one of the world’s largest passenger ports and one of Sweden’s largest freight ports. Despite a declining economy, goods volumes have remained high and the number of passengers increased significantly compared to the previous year…
In an era of ever-smarter shipping, one key area of vessel and fleet administration appears stuck in the dark ages. Pierre Dominé explainswhy Stolt Tankers is rapidly transitioning to digital logbooks, unlocking a broad range of big data benefits…
In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director Mario Cordero discussed the port’s plan to support California’s emerging floating wind industry.The Port of Long Beach has not yet been identified as a marshalling port for any one project…
Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed.PDVSA's new Chief Executive Pedro Tellechea put the move in place this month…
Portfolio investors have piled into petroleum futures and options at the fastest rate since the first successful coronavirus vaccines were announced in late 2020.China’s exit from a zero-COVID strategy, along with hopes the global economy can avoid a recession and low oil inventories…
