Gulf bourses closed mostly higher on Monday as US President Donald Trump's signal that fresh Iran strikes are unlikely, provided talks continue, lifted sentiment across the region after an eight-month conflict.Trump's remarks came despite reports from the US military and Iranian state media that shipping had been attacked in or near the Strait of Hormuz, a vital waterway that carried nearly a fifth of the world's crude before the war…
A tanker carrying the first cargo of Russian diesel for the United States has come to a halt off the US east coast, shipping data showed on Tuesday, with its operator saying its destination had not yet been decided.President Donald Trump last…
Atlas Copco Gas and Process has reached two milestones this autumn by expanding its production operations in South Korea and North America. Atlas Copco Gas and Process Korea in Busan, South Korea has opened a new facility that will provide greater…
Only one of the three reported tankers that were sailing to the U.S. with Russian diesel appears to be still heading for the Atlantic coast.The issuing of General License 135 on October 9, which temporarily allows Russian diesel to be imported to the U…
The Federal Maritime Commission (FMC) will host a research symposium on March 31, 2027, at its headquarters in Washington, D.C. This event will bring together scholars conducting research on demurrage and detention (DnD) practices and policies…
Jody Peacock concluded his service as Chief Executive Officer of Ports of Indiana effective November 1. On that date, Ports of Indiana Chief Operating Officer Dave Parrott and Chief Financial Officer Erica Jackson began serving as the organization’s interim leadership team…
Gulf oil producers are assembling a fleet of nearly 230 tankers to maintain crude exports through the Strait of Hormuz despite heightened security risks and reluctance among independent shipowners to operate in the region, according to a weekly…
Ports of Indiana-Burns Harbor has been awarded $11.2 million through the U.S. Department of Transportation's Maritime Administration (MARAD) Port Infrastructure Development Program (PIDP) to modernize its cargo handling, including the specialized…
The American Association of Port Authorities (AAPA) congratulates the 35 award recipients of the Maritime Administration's (MARAD) Port Infrastructure Development Program (PIDP) grants from the Fiscal Year 2026 (FY26) application cycle.This year…
US natural gas futures held near a two-week high on Thursday as a bigger-than-expected storage build last week offset the drop in output in recent days as energy firms reduced flows on offshore Gulf of Mexico pipelines ahead of Hurricane Isaias…
US liquefied natural gas exports rose in September as stronger European demand lifted prices and encouraged producers to maximize output despite maintenance outages at one export facility.Berkshire Hathaway Energy said in September it was shutting…
Trade activity across the Houston Ship Channel region showed strength across several key sectors, with energy exports driving regional tonnage growth and Port Houston seeing gains in steel and container imports.Crude oil exports through the Houston Ship Channel are up 40% this year…
Enstructure, a privately-owned marine terminal and logistics infrastructure company, and the Diamond State Port Corporation (DSPC) celebrated the groundbreaking of the Delaware Container Terminal (DCT), the upcoming container marine terminal in Wilmington…
Leaders representing Wisconsin’s commercial ports convened in Green Bay on September 10-11 for the 2026 Annual Meeting of the Wisconsin Commercial Ports Association (“WCPA” or “Wisconsin Ports”), renewing a statewide conversation about the economic importance…
U.S. LNG developer Argent LNG said on Wednesday it had signed a non-binding memorandum of understanding with Albania's government to evaluate development of an onshore LNG storage and regasification terminal with capacity of up to 5 million tonnes a year…
