Asian refiners' profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at pre-pandemic levels, traders and analysts said…
The U.S. Army Corps of Engineers will soon begin work on two important maintenance projects at Port Everglades in Fort Lauderdale, Fla. Port officials say they do not foresee any interruption of services during the construction. The South Jetty…
Greece on Friday received nine non-binding bids for a 67% stake in Igoumenitsa port, its privatization agency said on Friday.Bids were submitted by Aegean Oil, Attica Holdings and a consortium of Archirodon Group and ANEK & Trident Hellas Group…
Singapore is looking to add liquefied natural gas (LNG) bunker suppliers amid increasing demand for the cleaner burning marine fuel in the world's top shipping hub.The Maritime and Port Authority of Singapore (MPA) on Wednesday launched a request…
The Virginia Port Authority Board (VPA) of Commissioners today introduced Stephen Edwards as the next leader of The Port of Virginia. He succeeds John F. Reinhart who for the last seven years has led the VPA as its CEO and executive director…
The first of many warnings about a deadly cargo in Beirut’s port came in February 2014, about three months after its arrival. It was made by Colonel Joseph Skaf, described by his family as a diligent customs official.Skaf, then the head of the anti-narcotics and money laundering division…
The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded Ports of Indiana $4 million to make bulk cargo supply chain improvements by converting a vacant gravel yard into a multimodal storage facility at Burns Harbor…
The Yang Ming Warranty sailed into the Port of Wilmington on Monday with a carrying capacity of 14,220 TEUs (twenty-foot equivalent unit), setting a new record for the North Carolina State Ports Authority.“North Carolina Ports continues to prove it is an attractive global gateway for shippers…
Following years of disruption to US soya bean exports due to the US-China trade war, the first seven weeks of the 2020/2021 marketing year, which runs from 1 September to 31 August, have seen the strongest exports ever. By October 15, 11.4 million tons of soya beans had been exported by the US…
Surging shipments into the United States are fueling record high freight costs and logjams at seaports, but transportation executives say the rally will lose steam with a second wave of COVID-19 restrictions on the cards.Container shipping companies…
SC Ports received two new ship-to-shore cranes today, marking the first cargo-handling equipment to arrive for the Hugh K. Leatherman Terminal, which is under construction in North Charleston, S.C.When the terminal opens in March, it will be…
A seaport never sleeps. Cargo shipping is vital for keeping supply chains moving and the country fed and well-supplied during the current pandemic. Port employees have continued working throughout the pandemic. They’ve not shut down or decreased hours like so many industries have…
Carnival Corporation's Costa Cruises brand said its liquefied natural gas (LNG)-powered flagship Costa Smeralda has become he first vessel to bunker LNG in Italy.Carried out in the port of La Spezia and completed at 6 p.m. on Sunday, the operation was supported by the Italian Coast Guard…
International port operator DP World is on track to report a “relatively stable financial performance” this year after the recording a 3.1% increase in third-quarter shipping container volumes, its chairman said on Monday.The Dubai state-owned company…
The extended South End Container Terminal in the Port of Halifax is now complete and is fully operational, having welcomed its first vessel, Zim Tarragona, on Friday.With the extension project finished, the South End Container Terminal operated…
