“Year-to-date, Canadian crude tanker exports have reached 618 thousand barrels per day (kbpd) up from 388 kbpd during the same period last year, an increase of 59%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.When the Trans Mountain…
The ports of Bremen are expanding their alternative fuel options, now offering methanol as a bunkering fuel for ships. While liquefied natural gas (LNG) has been available since 2015, officials see methanol gaining ground as a cleaner maritime fuel…
The frequency of cable incidents in the Baltic Sea has been 'exceptional' in recent years, but state actors have more effective ways of performing underwater sabotage than by dragging anchors, Finland's intelligence service chief said.The Baltic…
Russian farming conglomerate Rusagro began exporting sunflower oil from the St Petersburg terminal (PNT) on the Baltic Sea as it seeks to overcome bottlenecks at Black Sea ports, according to LSEG data and four sources.Russia, the world's leading wheat exporter…
The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.That is the backdrop…
Viasea, a Norwegian-owned shipping line, will optimize its route in the south of the United Kingdom by moving its second stop to London Thamesport, and then sailing onwards to Rotterdam. The changes were made as part of Viasea’s ongoing commitment to improving operational efficiency and reliability…
China's giant steel industry is facing mounting pressure on exports this year as it faces another wave of trade frictions from U.S. President Donald Trump's new tariffs. Trump announced plans earlier this month to impose 25% tariffs on all steel and aluminium imports into the United States…
The Port of Tyne has purchased the UK’s first fully electric foiling pilot vessel, a significant milestone for the Port and the UK’s maritime sector. The vessel, scheduled to be delivered before the end of the year, will be used to transfer pilots onto the ships…
The Port Authority of Aveiro (Administración Portuaria de Aveiro: APA) and the Port Authority of Figueira da Foz (Administración Portuaria de Figueira da Foz: APFF) have chosen GMV, a technology group present in Portugal, leader in Europe and a world benchmark in global navigation systems…
Analysts caution that a new proposal to impose fees on China-built container ships entering the U.S. could trigger unintended consequences, including port congestion, rising freight costs, and shifts in global trade flows.The Trump administration…
The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation…
More than 45,000 U.S. dockworkers represented by the International Longshoremen's Association ratified a new six-year contract on Tuesday, formalizing a deal that offers bumper pay hikes and averts any potential disruption until 2030.Terms of the contract…
Furetank completed its first bunkering of 200 tonnes of ISCC-certified Bio-LNG in collaboration with environmental commodity traders STX Group and Molgas. The tanker vessel Fure Viken, now powered by this renewable fuel, highlights the growing…
Windward (LSE: WNWD) launched its AI-Powered Detention & Demurrage (D&D) Automation solution, in what it is calling a first step in a mission to revolutionize global trade with Gen-AI-powered automation. Designed to eliminate the persistent cost uncertainty plaguing freight forwarders…
The Deep-Water Port in Posorja, operated by DP World, implements Portchain Connect to simplify the berth alignment process with shipping lines. Portchain announced today that DP World Posorja will join the Portchain Connect network. The Deep…
