War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday.The cost of a seven-day voyage to Israeli ports was quoted between 0…
IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early June, thanks to high tanker availability, but the trend may reverse if Europe's proposed lower price cap comes to fruition…
A new quay crane at Tuas Port, Singapore, tipped over on Sunday while it was being delivered to a non-operational berth.There were no injuries or fatalities.No damage has been assessed to adjacent port equipment and facilities. All of PSA Singapore…
Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.China is the top U…
Nibulon, one of Ukraine's biggest grain companies, said on Friday it has signed a deal with the operator of the Ukrainian Black Sea port of Chornomorsk to export up to one million metric tons of grain in the July 2025-June 2026 season.Nibulon's…
The UK Port of Milford Haven has announced a year of further growth in its 2024 annual report, reporting an operating profit of £6.8 million ($9.2 million) after a 2023 profit of £4.1 million ($5.6 million).The Port continued its investment in support of pilotage operations…
ADNOC Logistics & Services Plc (ADNOC L&S) has signed a 15-year strategic partnership agreement with Borouge, worth $531 million, to manage shipping and port logistics for the company’s expanding petrochemical exports.The agreement positions…
RWE Offshore Wind has awarded two long term agreements to Clarkson Port Services to support the operations and maintenance activities at its 1.6 GW Nordseecluster offshore wind project.The Dutch division of Clarkson Port Services will build a new warehouse facility in the port of Eemshaven…
Over half a dozen U.S.-loaded ethane vessels, originally bound for China, have stalled around the U.S. Gulf Coast after Washington requested U.S. exporters seek licenses to ship the shale gas to the top buyer, according to trade sources and ship tracking data on Friday…
The Maritime and Port Authority of Singapore (MPA), NYK and MTI Co., have conducted a joint workshop on port-to-port maritime autonomous surface ship (MASS) trials.The MASS trials are testing the interoperability of autonomous vessels with port-based systems…
An Enhanced Maritime Partnership Agreement has been signed by during French President Macron’s visit to Singapore last week.The agreement covers collaboration in maritime decarbonization, digitalization, cybersecurity, innovation and training…
Today, the Port of Corpus Christi announced the completion of the Ship Channel Improvement Project—now the deepest and widest draft channel along the Gulf Coast.In 2017, the Port of Corpus Christi commenced work on the Ship Channel Improvement…
Klaipėda Port is moving toward its goal of becoming the first port in Lithuania and the Baltic States to produce and supply green hydrogen for vessels, various types of port equipment, and private transportation. The construction tender procedure…
Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and drone attacks, a government minister said on Friday.Almost 400…
Sempra Infrastructure has been issued a permit from the U.S. Department of Energy (DOE) for the Port Arthur LNG Phase 2 development project which will allow the export of up to approximately 13.5 million tonnes per annum (Mtpa) of U.S.-produced…
