Thailand's exports contracted more than expected in December and only modest growth was expected for 2023 as the global economy slowed and a strong baht currency hurt trade competitiveness, the commerce ministry said on Tuesday.Exports, a key driver of growth…
The U.S. Coast Guard determined that a Hazard and Operability study for the Freeport LNG plant in Texas addresses its requirements, according to a regulatory filing on Wednesday, bringing the fire-idled facility one step closer to a restart…
The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) signed a $131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal located in Navi Mumbai Maharashtra to enhance international trade in India…
A milestone for the use of methanol as a marine fuel was achieved in the Port of Gothenburg on Monday, as methanol propelled vessel Stena Germanica was the first non-tanker vessel in the world to be bunkered with methanol ship to ship.“This is a door-opening demonstration…
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations…
The judge probing the 2020 Beirut blast has charged Lebanon's top public prosecutor, the then-premier and other senior current and former officials in connection with the devastating explosion, judicial sources said and court summons show.Judge…
Most of the media coverage of offshore wind development in the United States focuses on the leases of the offshore areas where the wind turbines will be located. However, equally important is the landside dimension of these projects, including the manufacture…
2023 has so far been a disappointment for the dry bulk shipping sector, despite hopes that a quick economic recovery in China would boost iron ore demand,. During the first three weeks of the year, iron ore shipments fell 13.1% year on year…
Houston-based investment manager Arroyo Investors announced it has closed an investment in Seaside LNG and its affiliated entities, an integrated shore-side liquefied natural gas (LNG) liquefaction and bunkering platform in the U.S. Financial details were not disclosed…
The Port of Virginia announced it finalized the terms of purchase for five new ship-to-shore cranes that are part of its equipment renewal plan.“In order to maintain our efficiency and competitive edge, it’s important to be continually upgrading with modern equipment…
Shipping ports are crucial for the global economy. They handle the majority of trade, are industrial and transportation hubs and provide employment. But ports, by their nature, are located in coastal areas or on large rivers and are exposed to natural hazards such as storms and floods as a result…
Jørgen Wisborg has been named chairman at Danish-headquartered transport and logistics group Blue Water, taking over from the company's founder and longtime head Kurt Skov.In September last year, Skov announced plans to find his successor, making it possible for him to slow down his work activities…
REMEMBERING MY SHIPMATE JOHN MICHELWe met in January 1959 when I became the first Officer in Charge of the Navy’s newly acquired Bathyscaph Trieste and John was the first USN enlisted man to be assigned to the project. We were based at the Naval Electronics Laboratory in San Diego…
Freeport LNG, the second-largest U.S. liquefied natural gas exporter, on Monday said it had completed repairs to its Texas plant and asked U.S. regulators for permission to take early steps to restart the fire-idled facility.The closely-held…
The U.S. Army Corps of Engineers will modify the Department of the Army permit for the BP Cherry Point Marine Terminal’s North Wing dock to ensure complies with the Magnuson Amendment’s restrictions regarding the handling of crude oil at Puget Sound facilities…
