In its Q3 Dry Bulk report, Maritime Strategies International (MSI) estimates dry bulk newbuilding orders in the first eight months of the year above 25m dwt, with the potential for further upside on the back of late-reported deals. Despite a slight August lull…
U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. 1 strike that could jam supply chains and reignite inflation ahead of the U…
The Port of Oslo has officially opened a new shore power facility for cruise ships at Revier Quay.The opening coincided with the arrival of the cruise ship AIDAluna, which connected to shore power. The shore power facility has been operational since May 19…
e-Fuels powerhouse HIF Global unveiled its first project in Brazil, signing a land reservation contract with Port of Açu to develop a facility to produce up to 800,000 tons per year of e-Methanol.“We have been operating the world´s first e-Fuels facility for over a year in southern Chile…
Workers at the six main grain terminals located in the Canadian port of Vancouver went on strike on Tuesday, a move that could disrupt exports of canola and other crops, government and industry officials said.'At my request, parties have agreed to resume negotiations alongside federal mediators…
Israel's ports in the northern city of Haifa were operating at normal capacity despite an escalation in fighting with Hezbollah in nearby Lebanon and the city being targeted by rocket fire, Israeli authorities said on Tuesday.Haifa is Israel's…
The Wilson Sons tug WS Onix has commenced operation in the Port of Santos, the largest port facility in Latin America.It is the sixth vessel in the company's 2513 class and was built at the Wilson Sons shipyard in Guarujá (SP). The six new tugs…
Imports of liquefied natural gas (LNG) from Russia at the Netherlands' main terminal in Rotterdam have risen in recent months, underlining the need for further sanctions, the Dutch government said on Monday.Imports of Russian LNG at the GATE…
Since its founding in 2012, Kraken Robotics has operated by the succinct motto: “Innovate or Die.” Fast forward to 2024, and it is a global powerhouse, publicly traded with 250 employees and revenues fast approaching the $100m mark. David Shea…
RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the FEW Baltic II offshore wind farm in Poland.The base is one of the key elements in the realization and subsequent operation of the planned 350 MW offshore wind farm…
French shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48% stake in the company, it said on Monday as it further expands its grip on global shipping infrastructure…
Norwegian gas infrastructure operator Gassco has restarted the Kaarstoe processing plant, a key hub for gas supplies to Germany, and is ramping up output following three weeks of maintenance, the company said on Friday.'Kaarstoe is in the start…
Russia's seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from industry sources and Reuters calculations showed.Russia's offline primary oil refining capacity for August at 2.95 million tons was up from July's level by some 3%…
Broker Marsh and Lloyd's underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide cover against growing trade disruption risks such as threats to shipping in the Red Sea, executives involved said.Ports…
Southeast Asian countries such as Vietnam and Philippines are expected to boost coal trade and consumption this decade, industry officials say, even as demand from top consumer China approaches its peak.The Indonesian Coal Miners Association (ICMA) expects imports by China and India to peak in 2025…
