The Port of Albany has issued a Request For Expressions of Interest (RFEI) to assess market interest and commercial potential for the Port of Albany’s Beacon Island expansion site at 340 River Road, Glenmont, NY.The Port is looking for a range of development proposals that may include…
The Johor Port Authority has informed the Maritime and Port Authority of Singapore (MPA) that the oil leak at Langsat Terminal has stopped and that the spill clean-up at the site is ongoing.On April 3, an oil patch was sighted in the eastern Johor Strait off the northeastern coast of Pulau Ubin…
Worley has secured a contract by German state-owned Deutsche Energy Terminal (DET) for Phase 2 of the Brunsbüttel Floating Storage Regasification Unit (FSRU) terminal in Brunsbüttel, Germany.Under the contract, Worley will provide construction…
U.S. President Donald Trump's new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout.The Trump administration on Wednesday is set…
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries, including some of the United States' biggest trading partners, deepening a trade war that he kicked off on his return to the White House…
DP World’s Container Terminal (ICTT) in Cochin has set an all-time high-volume record in FY 2024-25, handling 834,665 TEUs, registering around 11% year-on-year growth. The earlier record was 754,237 TEUS achieved in the previous financial year…
AD Ports Group, a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of revenue and profit growth, as the Group consolidated two major acquisitions and drove forward its profit-enhancing international expansion…
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This posts the worst first quarter development in twenty years. Based on input from twenty-three liner operators, the China…
Eco Wave Power, an onshore wave energy technology company, has received a final permit for the construction and demonstration of its wave energy technology in San Pedro, California.The Revocable Permit 25-05 by the Port of Los Angeles was executed on behalf of the Executive Director…
Crowley, the longest-serving U.S. logistics provider in Puerto Rico, is enhancing the resiliency of its Isla Grande logistics terminal in San Juan with the installation of a microgrid fueled by liquefied natural gas (LNG).The innovative energy…
Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine River in Germany with surcharges added to the usual freight rates, commodity traders said on Tuesday.Low water is hampering shipping on all of the river south of Duisburg and Cologne…
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for a sixth straight session on Tuesday, pressured by lower rates across all vessel segments.The main index .BADI, which tracks rates for capesize…
Venezuela's exports of crude oil and fuel fell 11.5% in March as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to ship tracking data and documents…
Shell warned on Tuesday that a proposal in Australia to force more export gas into the domestic market could end up deterring investment and exacerbating shortages.Ahead of Australia's May 3 general election, energy has emerged as a major campaign…
Hydrodemolition company Aquajet plans to launch two robots in April: the Aqua Cutter 450A and Aqua Cutter 450V.The new electric 450 series is a more compact, maneuverable design than the Aqua Cutter 750V. The new models incorporate the Evolution 3…
