The news that Venezuela's PDVSA has diverted a crude tanker from Curacao after ConocoPhillips moves to satisfy a $2 billion arbitration award signals that worst may be yet to come. Reuters is reporting that Venezuela's state-run PDVSA ordered…
Venezuela's state-run PDVSA suspended oil storage and shipping from its Caribbean facilities following a move by ConocoPhillips to temporarily seize the firm's assets on four islands, according to a PDVSA source and Reuters data.PDVSA has begun…
Odfjell SE said it has been informed by Lindsay Goldberg that they are considering a sale of its 49% shareholding in Odfjell Terminals B.V.Lindsay Goldberg has been Odfjell's joint venture partner in Odfjell Terminals's U.S. and European terminals since 2011…
To support the continued cargo growth and demand for chassis in the NY/NJ Port, TRAC Intermodal is adding 700 new chassis to its Metro Pool, providing customers with easy access to high-quality equipment.The 700 new chassis are in addition to…
The head of the police force for New York's airports and bridges authority retired on Monday amid reports that a police escort for conservative radio host Rush Limbaugh had triggered an internal investigation.Michael Fedorko, who had been superintendent of the 1…
China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains relatively resilient and providing a cushion to the economy amid a heated trade dispute with the United States…
Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.Russian oil accounted for 76 percent of all oil purchases…
In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and…
A Memorandum of Understanding (MoU) agreed by DP World, Egypt’s Holding Company for Maritime and Land Transport and the Suez Canal Authority is aiming to develop a new Inland Container Depot (ICD) in Egypt’s 6th of October City, a satellite…
Port of Newcastle advises that Geoff Crowe, Chief Executive Officer, has informed the Board of his intention to resign, effective at the end of June. Geoff joined Port of Newcastle in July 2015 with extensive experience in the coal mining and logistics industry…
Peter Thomson, the United Nations Special Envoy for the Oceans, has used the first Opening Oceans Conference (OOC) in Copenhagen to highlight the desperate plight of the oceans and the need for a sustained, universal push from the maritime industry to help halt…
The Port of Oakland named Julina Bonilla the Workforce Development Manager in its Social Responsibility Division.In the newly-created position, Bonilla is primarily responsible for managing a workforce development program that gives local residents access to port-related employment opportunities…
Abu Dhabi Ports has signed a 30-year concession agreement with Mediterranean Shipping Company (MSC) to build a new container terminal at its Khalifa Port.Abu Dhabi, the capital of the United Arab Emirates (UAE), has spent billions developing the port…
MOU has been signed to collaborate on development of new inland container terminal, promoting Egypt's sustainable economic growth. The three partners will bid for a government contract for the project, later this year. The proposed inland…
Carnival Corporation officially opened its second cruise terminal at the Port of Barcelona with an inauguration ceremony attended by government, business and community representatives.During the ceremony, the company revealed that Helix cruise center will be the name of its new 12…
