The United States is helping Thailand’s supply chain network and advance the decarbonization of its freight transportation system.The U.S. Trade and Development Agency announced last week that it has awarded a grant to the Thai Ministry of Transport’s…
A trio of companies -- Alma Clean Power, Hydrogenious LOHC Technologies and Hydrogenious LOHC Maritime -- announced a joint development agreement to engineer a fully integrated LOHC-SOFC (Liquid Organic Hydrogen Carrier-Solid Oxide Fuel Cell) power system for the Enova supported project HyNjord…
Ports of Indiana announced more than $20 million in expansion and maintenance projects have been approved following several years of cargo growth.Ports of Indiana, which includes Jeffersonville, Burns Harbor and Mount Vernon, handled 11.9 million tons of cargo in 2022…
DP World announced it will invest $35 million in 2023 to expand and modernize its facilities on the left bank of Brazil’s Port of Santos.With the investment, the company plans to increase annual movement capacity from 1.2 million TEUs to 1.4 million TEUs and expand the size of the quay from 1…
The Port of Los Angeles and Port of Gothenburg are teaming up to jointly tackle initiatives aimed at improving infrastructure, efficiency and environmental performance. Officials from both ports met in Los Angeles this week to sign memorandum…
The Prince Rupert Port Authority (PRPA) announced that the Ridley Island Export Logistics Project (RIELP) has received its final determination of the federal environmental effects evaluation review.The project is part of the Port of Prince Rupert’s…
LOGISTEC Stevedoring Inc., a subsidiary of North American marine and environmental services provider LOGISTEC Corporation, announced it has entered into a definitive agreement to acquire the Canadian and U.S. marine terminal business of Fednav…
The United States is providing funds to help Honduras digitalize its two largest ports, Puerto Cortés and Puerto San Lorenzo.The U.S. Trade and Development Agency (USTDA) said it has awarded a technical assistance grant to the Honduran Maritime Chamber of Commerce for the project…
Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container…
Canadian pipeline operator Enbridge Inc said on Wednesday it would buy a gas storage facility in the U.S. Gulf Coast region from Brookfield Infrastructure Partners and Crestwood Equity Partners for $335 million.The Tres Palacios gas storage…
Vietnam's Deoca Group said on Wednesday it had set up a joint venture with Laos' Petroleum Trading Lao (PetroTrade) to study the possibility of jointly building a railway connecting the two countries, with a possible price tag of 149.55 trillion dong ($6…
Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…
A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two 'modern and high-powered' tugs…
Ukrainian grain traders union UGA asked the government on Wednesday to provide transparent rules on how cargo ships should queue before loading at Ukrainian Black Sea ports under a grain export deal brokered by the United Nations and Turkey…
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed…