Taiwanese state energy firm CPC Corp signed on Thursday an agreement with Alaska Gasline Development Corp to buy liquefied natural gas and invest in the project, a move Taiwan's President Lai Ching-te said would ensure the island's energy security…
CK Hutchison on Thursday reported an 11% drop in underlying profit for 2024, as one of Hong Kong's most powerful conglomerates becomes increasingly embroiled in a political row over the sale of its ports business to a BlackRock-led consortium…
“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland imports…
President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad…
Shipping companies must evaluate a range of compliance options under FuelEU Maritime that can have a significant financial impact if not managed properly. Continuous forecasting is essential for an effective compliance strategy in order to manage…
The Port of Oakland starts 2025 with growth in both imports and exports. Loaded container volume recorded 146,187 TEUs (twenty-foot containers) in January 2025. This is an 8.5% increase over January 2024, when 144,405 TEUs passed through the Port…
In Q2 2024, Socep SA Romania (Socep) had a new Konecranes drive retrofitted to one non-Konecranes ship-to-shore (STS) crane at itscontainer terminal in Constanta. This upgrade was intended to improve crane performance and lengthen the operational…
Marcegaglia’s latest acquisition, the LHM 600, marks the 2,000th mobile harbor crane produced and delivered by Liebherr. The LHM 600 will be instrumental in handling steel products, and is the sixth Liebherr mobile harbor crane for the Italian company…
Dubai-based ports and logistics firm DP World and shipping giant Maersk have signed a long-term agreement to boost container-handling capacity and increase weekly vessel calls to support Brazil’s growing trade demands.DP World operates one of…
Four Seasons Yachts reports the appointment of Kate McCue as the inaugural Captain of Four Seasons l, the first ultra-luxury yacht in the highly anticipated fleet. A graduate of the California Maritime Academy, Captain Kate brings nearly three decades of maritime expertise…
HarborLab, the Athens-based maritime technology company, launched a new AI-powered feature designed to optimize Disbursement Account (DA) analysis and streamline port expense management.This latest innovation, known as HL AI, is part of the…
Maritime ports—the lifelines of global trade—are facing unprecedented challenges as stakeholders across entire supply chains react to sudden policy changes shaping the global economy. The advent of mega-container ships, evolving customs regulations and the demand for transparent…
Marine fuel sales in the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, fell in February to their lowest since data started being published in 2021. Volumes, excluding lubricants, totalled 554,117 cubic metres (about 549…
Hong Kong-based conglomerate CK Hutchison, which is facing pressure from Beijing authorities over a port deal with a BlackRock-led consortium, will not hold earnings conferences this week, two sources with knowledge of the matter said.CK Asset…
A Brazilian national has been charged over a failed plan to import about 10kg of cocaine into Australia on a cruise ship from Argentina.The man, 48, is expected to appear before Downing Centre Local Court today (March 17, 2025), charged with importing and possessing border controlled drugs…
