The Port of Los Angeles announced it is inviting comments on a draft Request for Proposals (RFP) for the future development of a new Outer Harbor Cruise Terminal and redevelopment of the existing World Cruise Center on the LA Waterfront.“This…
The Port of Corpus Christi was awarded $16.4 million through the U.S. Department of Energy’s (DoE) Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative to evaluate the technical and economic feasibility of permanently storing captured carbon dioxide (CO2) from industrial operations…
“Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-COVID trend. However, sales volumes could return to trend during 2023 and thereby pose a risk for Asia to North America container volumes…
Iron ore futures fell on Tuesday, with the Dalian benchmark price pulling back from the previous session's contract high, as traders assessed demand in top steel producer China while also keeping an eye on regulatory risks.The steelmaking ingredient…
Ports of Stockholm is one of the world’s largest passenger ports and one of Sweden’s largest freight ports. Despite a declining economy, goods volumes have remained high and the number of passengers increased significantly compared to the previous year…
In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director Mario Cordero discussed the port’s plan to support California’s emerging floating wind industry.The Port of Long Beach has not yet been identified as a marshalling port for any one project…
Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed.PDVSA's new Chief Executive Pedro Tellechea put the move in place this month…
The city of Makassar in South Sulawesi, Indonesia has seen fast economic growth in the past few years. In 2019, the province’s growth reached 6.9% – higher than the 5% national rate – with rapid infrastructure development, particularly in the maritime industry…
S5 Agency World (S5) signed a contract with Deutsche ReGas to act as terminal agent at its new Deutsche Ostsee LNG terminal at Lubmin Port, on Germany’s Baltic Sea coast. The new LNG terminal will process LNG imports into Germany and has a regasification apacity of up to 5…
Freeport LNG, the second-biggest U.S. liquefied natural gas (LNG) exporter, got approval from federal regulators on Thursday to take early steps to restart its fire-idled LNG export plant in Texas.Freeport, however, has not yet sought permission…
German shipping company Hapag-Lloyd announced it has signed a binding agreement today under which it will acquire 35% of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate.Additionally, Hapag-Lloyd AG signed a binding agreement with JMBPL and its promoters…
The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) signed a $131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal located in Navi Mumbai Maharashtra to enhance international trade in India…
A milestone for the use of methanol as a marine fuel was achieved in the Port of Gothenburg on Monday, as methanol propelled vessel Stena Germanica was the first non-tanker vessel in the world to be bunkered with methanol ship to ship.“This is a door-opening demonstration…
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations…
The judge probing the 2020 Beirut blast has charged Lebanon's top public prosecutor, the then-premier and other senior current and former officials in connection with the devastating explosion, judicial sources said and court summons show.Judge…
