Maritime News

 

Maritime Fees Spiral Deepens as US, China Trade Blows

Oct 14, 2025

The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week…

Propane’s Economic Edge for Ports During Trade Uncertainty

Oct 10, 2025

Click HERE to sign up for the October 16, 2025 webinar Power & Performance at the Port: See How Propane Moves Maritime Operations ForwardTrade has been a rollercoaster recently. Between the unpredictability of tariffs and uncertain economic outlooks…

China Strikes Back: Additional Port Fees for US Ships from Mid-October

Oct 10, 2025

Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U…

PhilaPort Buys Coveted Mustin Yard in Expansion Push

Oct 01, 2025

The Port of Philadelphia - PhilaPort has acquired the Mustin Yard from Norfolk Southern Corporation, deemed as one of the critical assets for the port’s future growth.Located adjacent to PhilaPort’s SouthPort Marine Terminal, the 152-acre Mustin…

Ulsan Port Completes Its First Green Methanol STS Bunkering for Bulk Carrier

Sep 29, 2025

Ulsan Port Authority (UPA) has completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port.The STS for a bulk carrier, conducted on September 28, 2025, follows Ulsan Port’s world-first successful methanol bunkering demonstrations for container ships (PTS/STS) in 2023-2024…

Seatrium Divests US AmFELS Yard for $50.7M

Sep 23, 2025

Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…

Hanwha Pledges $5B to Upgrade Philly Shipyard’s Capacity

Aug 27, 2025

Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will…

Egypt's First Finished-Vehicle Logistics Terminal Opens for Business

Jul 23, 2025

The Suez Canal Automotive Terminal (SCAT), a joint venture among NYK, Africa Global Logistics (AGL) and Toyota Tsusho Corporation, has officially opened Egypt's first finished-vehicle logistics terminal.With an anticipated increase in finished…

TotalEnergies, CMA CGM to Form LNG Bunkering Logistics JV

Jul 23, 2025

TotalEnergies and CMA CGM Group have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the port of Rotterdam, in the Netherlands…

GES Exits Dutch Market with Rotterdam Terminal Sale to Tepsa

Jul 10, 2025

Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area…

Port of Aberdeen Connects First Vessel to Green Shore Power Demonstrator

Jun 19, 2025

Scotland’s largest maritime decarbonization project is now live at the Port of Aberdeen, providing green shore power for vessels at eight berths in the port’s North Harbour.The concept of shore power is simple: allowing vessels to plug directly into power from the port’s renewable energy tariff…

ADNOC L&S, Borouge Sign $531M Partnership to Boost UAE Petrochemical Exports

Jun 11, 2025

ADNOC Logistics & Services Plc (ADNOC L&S) has signed a 15-year strategic partnership agreement with Borouge, worth $531 million, to manage shipping and port logistics for the company’s expanding petrochemical exports.The agreement positions…

Investcorp to Invest $550M in Oman’s Port of Duqm Expansion

May 19, 2025

Alternative investment firm Investcorp has signed a cooperation agreement to invest in a $550 million infrastructure project in Port of Duqm in Oman.Investcorp Aberdeen Infrastructure Partners (AIIP) – a joint venture with Aberdeen plc, will be the shareholder in the project…

Aptamus Picks Aker Solutions’ Entr for LCO2 Terminal Engineering

May 09, 2025

Aptamus Carbon Solutions (Aptamus), a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have entered into an agreement for the front-end engineering and design (FEED) of CO2 terminals in Florida and Louisiana…

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

May 01, 2025

French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar…

Logistics News

Wilson Sons Looks Forward to Rio Grande Container Terminal Expansion

Wilson Sons Looks Forward to Rio Grande Container Terminal Expansion

Cavotec Introduces Crane Operation Energy System

Cavotec Introduces Crane Operation Energy System

Inherited Ship Conditions Could Increase Litigation Exposure for Ship Managers

Inherited Ship Conditions Could Increase Litigation Exposure for Ship Managers

ZESTAs Announces Global Liquid Hydrogen Alliance

ZESTAs Announces Global Liquid Hydrogen Alliance

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Hapag-Lloyd and CMA CGM shippers suspend Cuba bookings following US executive order
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In April, Iraq exported 10,000,000 barrels of crude oil through the Strait of Hormuz.