On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here)…
Three shipping and ship-management companies within the NYK Group—Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd.—will merge as part of a business integration.Overview of New CompanyCorporate Name: NYK Bulkship Partners Co…
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…
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…
Konecranes secured a new order with CSP Iberian Valencia Terminal S.A.U. for seven Konecranes hybrid Rubber-Tired Gantry (RTG) cranes. The order was booked in February 2025, with delivery to the Port of Valencia scheduled for March 2026.The…
The launch of the Dangote Refinery near the Port of Lagos presents an exciting opportunity to transform the energy and shipping markets in West Africa. And it stands to boost Nigeria’s role as an influential player in the global oil industry…
The CMA CGM Iron became the first dual-fuel methanol container vessel sailing to Abu Dhabi.The CMA CGM ship built by Hyundai Samho Heavy Industries of Korea is a dual-fuel vessel able to run both on conventional and alternative fuels such as bio-methanol and e-methanol…
The first eight foundations for the Nordeseecluster, a 1.6GW offshore wind project being built in the German North Sea, have arrived and been offloaded in the Dutch base port Eemshaven.The foundations are around 85 meters long on average and weigh approximately 1…
Danelec said its high-frequency data (HFD) collection systems have now been deployed on more than 15,000 vessels worldwide.In 2024 alone, Danelec’s technology enabled the capture of more than 1.5 trillion onboard datapoints, a figure set to double by 2026…
Tanker owner Performance Shipping entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel. This concludes the financing for all three newbuilding LNG-ready, scrubber…
AsstrA-Associated Traffic AG, a provider of logistics and transportation solutions, successfully completed the first stage of transporting Outside Battery Limits (OSBL) modules for the INEOS Project ONE, an initiative to build an ethane cracker at the port of Antwerp…
The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, has reaffirmed Nigeria’s commitment to strengthening maritime collaboration with The Gambia to bolster regional security and economic growth. Speaking at the Fourth Blue Economy Conference in Banjul…
The Bilbao Port Authority reports it is making progress toward its 2023-2026 Strategy Plan, with advancements in sustainability, infrastructure and economic growth.Key highlights include:Sustainability Initiatives: The port has reduced air pollution and carbon footprint by 27%…
Florida International Terminal (FIT), one of SAAM Terminals' port terminals, had a great 2024: not only did it manage to extend its concession until 2035, but it also made significant progress in innovations to improve its service.'The concession…
