Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container…
Canadian pipeline operator Enbridge Inc said on Wednesday it would buy a gas storage facility in the U.S. Gulf Coast region from Brookfield Infrastructure Partners and Crestwood Equity Partners for $335 million.The Tres Palacios gas storage…
Vietnam's Deoca Group said on Wednesday it had set up a joint venture with Laos' Petroleum Trading Lao (PetroTrade) to study the possibility of jointly building a railway connecting the two countries, with a possible price tag of 149.55 trillion dong ($6…
Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…
A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two 'modern and high-powered' tugs…
Ukrainian grain traders union UGA asked the government on Wednesday to provide transparent rules on how cargo ships should queue before loading at Ukrainian Black Sea ports under a grain export deal brokered by the United Nations and Turkey…
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed…
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstration has encouraged both the Port of Corpus Christi Horizons Clean Hydrogen Hub (HCH2) and Trans Permian (Trans Permian) H2Hub to submit full applications through the DOE Regional Clean Hydrogen Hubs Program…
India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports.'King coal is coming back and coming with a big bang…
The former Amazon.com Inc executive who oversaw the e-commerce company's transportation network buildout for its sellers, now aims to do the same for rival shipping customers as chief executive of logistics startup Flexport.'I wanted to ... do it again for everyone else…
German container liner Hapag-Lloyd announced it has signed a multi-year agreement with Shell to bunker its ultra large dual-fuel containerships with liquefied natural gas (LNG) in the Port of Rotterdam.LNG bunkering for these 12 new 23,500+…
Cross-docking and drayage are two powerful tools that can revolutionize your shipping operations. With their expanded benefits, including greater efficiency and cost savings, it's easy to understand why these services are becoming increasingly popular among businesses today…
Late last year we caught up with Robert Ekse, President, Elliott Bay Design Group (EBDG), for his take on how the Future Fuels debate is effectively shaping maritime technology development and vessel investment.Most reading these pages know the EBDG name…
Wilson Sons selected ABB’s Optical Character Recognition (OCR) system for ship-to-shore (STS) gantry cranes at Rio Grande container terminal, including the QuayPro module to digitalize container stowage confirmation processes. The company has…
Classification society ClassNK announced new sets of guidelines to aimed at safer and more efficient ocean container transport. The new 'Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)' and 'Guidelines for Parametric…
