The Texas energy industry was evaluating the impact from Hurricane Beryl on Monday after the powerful storm lashed the U.S. Gulf Coast, closing key shipping ports and hitting the oil refining and production sectors.Beryl made landfall near the coastal town of Matagorda…
A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the country's industrial relations board found the union's strike notice was in violation of the labor code, the board said in an order.'The Board directs the union to rescind its strike notice…
The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China's military forces, according to a government posting.Two of the companies are in China, one in South Africa…
The largest ports in Texas closed operations and vessel traffic on Sunday as Hurricane Beryl intensified as it approached the Texas coast near Houston.Beryl, which left a trail of destruction this week in the Caribbean, killing at least 11 people…
Nordic Fender has entered a strategic partnership with SkyLab IoT for the development and expansion of smart fender and buoy solutions that provide real-time data worldwide.Nordic Fender products can now benefit from live monitoring of critical parameters such as air pressure…
Russian strikes killed two people and wounded 26 on Thursday in Ukrainian regions stretching from the south to the east and northeast, local authorities said.A missile strike in southern Odesa region killed a woman, injured seven people and damaged port infrastructure…
Cargo shipments at Ukraine's Black Sea and Danube ports were 68% higher in January to June than in the same period of last year, a senior lawmaker said on Thursday.Six functioning ports processed 52.7 million tons of cargo compared with 31.3 million tons last year…
Port of Brownsville, along the U.S.-Mexico border, said on Wednesday that it would limit ship traffic due to gale force winds from Hurricane Beryl, a Category 4 hurricane heading for the Gulf.Only vessels that will be able to finish and sail…
It’s a widely accepted notion among economists that cultural differences can pose a significant barrier to trade. The larger the cultural gap between two countries – judging by differences in language, customs, values and business norms – the more challenging and costly trade relations become…
Russia's Black Sea port of Novorossiisk was operating as normal on Wednesday after an attempted Ukrainian maritime drone attack, the Interfax news agency reported on Wednesday, citing the local administration.'There are no restrictions. Shipping goes as normal…
Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight demand for crude and product tankers increase by 5.5% and 4.5% respectively in 2024.In its Q2 2024 report, MSI finds that the market is currently…
U.S. Customs and Border Protection (CBP) has approved a proposal from Ports of Indiana-Burns Harbor to establish the first international sea cargo container terminal on Lake Michigan. This would create the only all-water container route for…
The American Association of Port Authorities (AAPA) is celebrating the announcement of $48.4 million to ports through the 2024 Rebuilding American Infrastructure with Sustainability and Equity (RAISE) award program.'These port infrastructure…
Residents near the port of Lisbon and elsewhere hope plug-in infrastructure can take some of the pain out of sharing their cities with cruise ships that belch out fumes while pleasure-seeking passengers see the sights.European Union rules designed…
The ports of Long Beach and Los Angeles will provide $25 million for a partnership with regional air quality agencies to jump-start charging infrastructure for electric heavy-duty drayage trucks.The $135 million in projects led by the Mobile…
