ABB and Ballard are progressing to decarbonize marine transport and have received an AiP from DNV for their high-power fuel cell concept, the development of which was launched in 2018. The high-power fuel cell unit is designed to be a flexible…
The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.It will be the first offshore wind lease sale under the administration of President Joe Biden…
U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha Grain Terminal (TGPM), located in the northern Brazilian city of Barcarena, as it shipped 84…
The Port of Beaumont announced its Board of Commissioners have approved a $57.3 million construction bid for a project aimed at increasing the port’s general cargo handling capacity by more than 15%. Phase II of the Main Street Terminal 1 project…
Global Energy Storage (GES) announced it has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in Europoort, Port of Rotterdam.GES, which signed a binding agreement to take over the site in November 2021, now…
The NEcOLEAP project, led by Meyer Turku, is determined to design and build a climate-neutral cruise ship.Meyer Turku was selected to take part in Business Finland’s financing project for leading companies and their partner ecosystems, which…
Nova Marina Carriers, the Lugano based shipping company (controlled by the Romeo and Bolfo/Gozzi families), confirmed the purchase of two new 39,000 dwt bulk carriers, presently owned by the Swire China Navigation group in Hong Kong. These new vessels are due to be delivered to the company shortly…
On February 8, the House Committee on Transportation & Infrastructure, Subcommittee on Water Resources and Environment, held a second hearing on a 2022 Water Resources and Development Act (WRDA) bill. This hearing was a chance for six project…
Port Everglades once again welcomes the largest cruise ship in the world. Royal Caribbean International's Wonder of the Seas docked at her homeport, Port Everglades, this weekend for her inaugural season beginning March 4. This is the fourth Oasis-Class ship to make its U…
Argentina's grains inspectors began a 24-hour strike on Monday demanding bonus payments, but port activity and shipments of farm products were not affected in the South American country, the top global exporter of processed soybeans.Juan Carlos Peralta…
Boluda Corporación Marítima CEO Vicente Boluda Fos will receive the Knight of the Legion of Honour medal in Paris on June 16, in recognition of outstanding services rendered to France by the Valencian businessman. The distinction will be awarded by former president of France Nicolas Sarkozy…
Hong Kong is in 'all-out combat' to contain a surge in coronavirus cases, the city's number two official said on Sunday, with the ramping up of community isolation and treatment units helped by mainland Chinese construction teams.Scenes of people…
Belarus President Alexander Lukashenko expects Russia to build a new Baltic Sea port for exports of Belarusian potash which were hit by Western sanctions, he said on Friday after he met Russian President Vladimir Putin.The two leaders met as…
Lebanon has awarded France's CMA CGM CMACG.UL a contract to develop and operate the container terminal in Beirut port for 10 years, including plans to rebuild and expand infrastructure damaged in a massive chemical explosion in 2020.CMA CGM said it would invest $33 million…
ClassNK will calculate the CO2 emissions from the ships to be financed under the Sustainability-Linked Loan provided by ORIX Corporation (ORIX). The ship finance agreement signed between ORIX and a shipowner in Hong Kong is a sustainability-linked loan…
