Saudi Global Ports Group (SGP) has begun operations at the Jubail Container Terminal (JCT) at Jubail Commercial Port under a long-term privatization agreement with the Saudi Ports Authority (Mawani), spanning 30 years.This milestone supports the continued development of the Kingdom’s logistics infrastructure and contributes to enhancing supply chain efficiency and connectivity in line with Saudi Vision 2030…
The CMA CGM Group welcomes the maiden call of Ocean Rise Express (OCR), a new weekly service connecting Japan directly to North Europe, at the Port of Kobe. This latest move reinforces the Group’s ongoing commitment to strengthening Japan’s…
The Australian Port of Newcastle has delivered its strongest diversified trade performance on record, with more than 11.12 million tonnes of non-coal cargo passing through the Port in 2025.This surpasses the previous record of 10.13 million tonnes set in 2021…
The Port of Gothenburg has acquired a large area located in the port’s outer areas. The agreement, signed on Tuesday morning with the seller Platzer, creates conditions for the continuation of the port’s long-term plan for further expansion of the port…
The U.K. government has committed up to $85 million (£64 million) to support the development of a floating offshore wind port at Port Talbot in Wales, as part of efforts to expand clean energy capacity.The funding will support Associated British…
Russia's Baltic Ust-Luga port, one of its largest petroleum export hubs, was damaged again on Sunday by a Ukrainian drone attack which sparked a blaze later brought under control, Russian officials said.It followed several Ukrainian drone strikes…
Russian oil producers have warned buyers they could declare force majeure on supplies from major Baltic Sea ports as Ukraine presses ahead with attacks on Russian energy infrastructure, two industry sources said on Friday.Ukrainian President…
Russia's oil pipeline monopoly Transneft will try to redirect oil exports from the Baltic Sea ports, damaged by drone attacks, Interfax news agency reported on Thursday, citing the head of the company.According to Reuters calculations based on market data…
Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services…
Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston…
A fire broke out at Russia's Baltic Sea port of Ust-Luga, a major oil export hub, after a major Ukrainian drone attack, Russian officials said on Wednesday.Ukraine has stepped up drone attacks on Russian oil refineries and export routes over recent weeks in an attempt to weaken Russia's war economy…
Ports of Indiana has opened a new federally approved bonded storage facility at its Mount Vernon port, marking a major expansion of capabilities and enabling the port to handle its first barge shipment of aluminum.The shipment, totaling approximately 1…
Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The cause of the explosion at the 47…
The Port of Oakland processed 163,254 TEUs in February 2026, a 16.7% decline from January and a 14.5% decrease year over year, as vessel activity slowed due in part to observation of the Lunar New Year.Vessel calls declined from 86 in January to 72 in February…
Independent Port Consultants (IPC) has strengthened its advisory capabilities with the addition of a senior port technology specialist in Dubai and an ESG expert, as demand grows for digitalization and sustainability support across the ports sector…
