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Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

6 hours ago

Russian oil producers have warned buyers they could declare force majeure on supplies from major Baltic Sea ports as Ukraine presses ahead with attacks on Russian energy infrastructure, two industry sources said on Friday.Ukrainian President Volodymyr Zelenskiy told Reuters this week that Kyiv was using long-range strikes to maintain pressure on Russia after international oil sanctions on Moscow were eased due to global supply disruptions caused by the Iran war…

Maraen Approves $40M Port of Nigg Upgrade After Rebrand

Mar 26, 2026

Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services…

Russian Baltic Ports Pause Crude Loadings after Ukrainian Drone Attack

Mar 25, 2026

Russia's Baltic ports of Primorsk and Ust-Luga, major export terminals, suspended crude oil and oil products loadings on Wednesday, two sources told Reuters, after massive Ukrainian drone attacks sparked blazes, with smoke visible from Finland…

Blaze Hits Russia’s Ust-Luga Oil Port Following Drone Strike

Mar 25, 2026

A fire broke out at Russia's Baltic Sea port of Ust-Luga, a major oil export hub, after a major Ukrainian drone attack, Russian officials said on Wednesday.Ukraine has stepped up drone attacks on Russian oil refineries and export routes over recent weeks in an attempt to weaken Russia's war economy…

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

Mar 24, 2026

A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2 billion.Panama Ports Company, which for nearly three decades…

Ports of Indiana Handles First Aluminum Shipment

Mar 24, 2026

Ports of Indiana has opened a new federally approved bonded storage facility at its Mount Vernon port, marking a major expansion of capabilities and enabling the port to handle its first barge shipment of aluminum.The shipment, totaling approximately 1…

How Propane Fuels Efficiency and Sustainability at West Basin Container Terminal

Mar 24, 2026

As other ports explore long-term sustainability strategies, WBCT offers a compelling example of how propane can deliver cleaner operations without sacrificing reliability or cost-efficiency.Ports are the lifeblood of global commerce, moving…

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Mar 24, 2026

Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The cause of the explosion at the 47…

African Bunkering Hubs Gain as Ships Reroute Around Cape

Mar 23, 2026

Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub…

Bunkering Hubs Along African Coast See Surge as Vessels Reroute

Mar 23, 2026

Ship-refuelling companies along Africa's coast are seeing a surge in business as more vessels divert around the Cape of Good Hope, with war in the Middle East reshaping global shipping routes and boosting the continent's role as a bunkering hub…

Port of Oakland: Exports Continue to Outperform Imports

Mar 22, 2026

The Port of Oakland processed 163,254 TEUs in February 2026, a 16.7% decline from January and a 14.5% decrease year over year, as vessel activity slowed due in part to observation of the Lunar New Year.Vessel calls declined from 86 in January to 72 in February…

Independent Port Consultants Announces New Hires

Mar 20, 2026

Independent Port Consultants (IPC) has strengthened its advisory capabilities with the addition of a senior port technology specialist in Dubai and an ESG expert, as demand grows for digitalization and sustainability support across the ports sector…

PERC Leads Fuel Conversation at Port of the Future Conference

Mar 19, 2026

The Propane Education & Research Council (PERC) will showcase how propane and renewable propane can support reliable, lower-carbon port operations at the Port of the Future Conference at Hilton University of Houston on March 24-25.As a Gold Sponsor of the event…

CK Hutchison Banks 7% Profit Rise

Mar 19, 2026

CK Hutchison posted a 7% rise in 2025 underlying profit on Thursday, as the market awaits updates on the company's proposed sale of its ports business and other spin-off plans.The Hong Kong ports-to-telecoms conglomerate reported underlying profit of HK$22…

Echo Marine Group to Deliver Western Australia’s First Electric Ferry Fleet

Mar 19, 2026

Lloyd’s Register (LR) has signed a new contract with long-standing partner Echo Marine Group to support the delivery of Western Australia’s first fully electric passenger ferries - marking a major milestone for sustainable public transport in Australia…

Logistics News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

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