The discount for Russian Urals oil on a FOB basis for cargoes loading from the Baltic port of Primorsk in April narrowed to $15-$17 per barrel versus dated Brent from about $24-$27 per barrel in the second half of March, as falling freight rates reduced costs for Russian sellers…
Port of Aberdeen has appointed Jennifer Heiton as Chief Financial Officer, effective May 11, 2026. She joins from Trojan Energy Limited, an electric vehicle charging infrastructure provider, where she has served as CFO since 2023.Jennifer brings…
US-based container terminal operator TraPac has selected ABB and crane builder Kuenz, headquartered in Austria, to deliver nine new rail-mounted stacking cranes as part of an expansion of its Los Angeles facilities. ABB will deliver design,…
The Port of Antwerp-Bruges is at the start of a new strategic phase, with a strong focus on cost efficiency and sustainable value creation, and discussions about a change in leadership have been underway. In that context, it was decided that it is appropriate for this phase to be led by a new CEO…
A new pedestrian and cycle bridge has been transported to Stockholm by sea from Poland. It arrived in six large sections, the heaviest weighing as much as 152 tons. The sections were then towed onwards to the Slussen project, where the bridge will connect two parts of the city…
Rosneft is diverting oil supplies to the Tuapse refinery from the Black Sea port of Novorossiysk after the terminal, which handles roughly 14% of Russia's crude exports, was heavily damaged in a drone attack, three sources said on Monday.A Ukrainian…
Port Tampa Bay welcomed a container vessel Thursday that set a new record for carrying capacity at the port. The ZIM Canada docked with 11,900 twenty-foot equivalent units (TEUs), nearly 2,000 more than any vessel previously handled at the port…
Shipping traffic around Belgium's Port of Antwerp has been partially halted because of an oil spill that has spread from one of the port's docks into the river Scheldt.Antwerp harbour typically handles 60 to 80 ships daily. A port spokesperson…
India's shipping ministry has granted special permission to four vessels carrying Iranian oil - as requested by Reliance Industries - to berth at the western Indian port of Sikka, three industry sources said.India's oil ministry, shipping ministry…
U.S. Rep. Kathy Castor joined Port Tampa Bay leadership to announce $10 million in federal funding to support the Tampa Harbor Navigation Improvement Project, an investment that will enhance navigation safety, expand cargo capacity and strengthen supply chains across Florida…
Crude loadings at Saudi Arabia's Red Sea port of Yanbu have continued despite an Iranian attack on Wednesday on the country's East-West Pipeline, sources at two buyers from the port and a third trading source told Reuters on Thursday.Saudi state oil firm Aramco declined to comment…
As SeaPort Manatee’s new director of engineering and construction, John D. Glass Jr., P.E., is leading strategic advancement of infrastructure enhancements at the dynamic trade hub of Southwest and Central Florida.Glass, who joined SeaPort Manatee’s…
The Port of Oswego Authority Board of Directors has announced the appointment of Tom Drumm as Executive Director and CEO. At 33, Drumm becomes the youngest individual currently leading a major port in the United States.Drumm joins the Port following…
Noatum Ports, the international ports operating arm of AD Ports Group, confirmed the delivery of three new ship-to-shore (STS) and six rubber tyred gantry (RTG) cranes to its new multipurpose terminal in Safaga, Egypt, marking a step ahead of…
The Port of Gothenburg has acquired a large area located in the port’s outer areas. The agreement, signed on Tuesday morning with the seller Platzer, creates conditions for the continuation of the port’s long-term plan for further expansion of the port…
