Coal-fired power generation decreased 1.9% in 2025; non-fossil generation outpaces demand growthChina's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth…
IBIA – International Bunker Industry Association Board announced the outcome of their elections at the IBIA Annual General Meeting (AGM), ahead of the IBIA Annual Dinner at the Grosvenor House Hotel in London’s Park Lane.A total of eleven candidates…
The EU has proposed extending its sanctions against Russia to include ports in Georgia and Indonesia that handle Russian oil, the first time it would target ports in third countries, a proposal document showed on Monday. The proposal, reviewed by Reuters…
Bahri posted record financial results in 2025, underpinned by a strengthening crude tanker market and a larger, younger owned fleet that increased exposure to improving rate conditions.Full-year revenue reached $10.35 billion, up 9% year-on-year…
San Antonio Terminal Internacional (STI), a port of Hanseatic Global Terminals and SSA Marine, is implementing a digital platform for managing its operations, developed in partnership with NextPort.AI, a company specializing in the integration of digital solutions for ports…
U.S. military forces boarded a crude oil tanker in the Indian Ocean after pursuing it from the Caribbean, Defense Secretary Pete Hegseth said on Monday, accusing the vessel of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela…
International Container Terminal Services Inc. (ICTSI)’s wholly owned subsidiary Victoria International Container Terminal Ltd. (VICT) has signed a 26-year extension of its contract to operate and manage the Webb Dock East terminal at the Port of Melbourne…
On February 5, NYK made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares. The funds from this investment are expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs)…
Tallink's shuttle ships on the Tallinn–Helsinki route are making a big leap towards using cleaner fuel, soon to be fully powered by renewable energy. In January, 74% of the fuel used by Megastar and MyStar was liquefied biomethane (LBM). The…
The green hydrogen project at the Port of Klaipėda is entering the testing phase. Preparations have begun to test the equipment already installed at the site of Lithuania’s first green hydrogen production and refueling station, scheduled to begin operations later this year…
A.P. Møller - Mærsk has released its 2025 annual report with CEO Vincent Clerc, stating: “We delivered a strong performance and high value for our customers in a year where supply chains and global trade continued to be reshaped by evolving geopolitics…
Panamanian President Jose Raul Mulino said on Thursday that the concession of contracts to operate two ports held and operated for nearly three decades by Hong Kong's CK Hutchison Holdings will 'never again' be issued to a single company.Panama's…
An oil tanker that has transported Venezuelan fuel to Cuba since April last year finished loading this week a 150,000-barrel cargo of gasoline, a shipping schedule seen by Reuters shows, a possible sign that the OPEC country could be preparing to send supplies to the island under U…
Petronor, part of the Repsol group, expects its e-fuels plant being built in the Port of Bilbao to be fully operational by early 2027. Elixabete Etxanobe, Head of the Bizkaia Provincial Council, has visited the plant site, accompanied by other local authorities…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage and operate the Aqaba Multipurpose Port, Jordan’s only and exclusive general cargo and multipurpose seaport…
