Global seaborne oil trade has worsened since the start of the year, with EU crude oil imports also on the retreat. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, things...

Mitsui O.S.K. Lines, Ltd. announced the successful completion of a biodiesel-blended marine fuel (biofuel) bunkering on its capesize bulk carrier, MIDNIGHT DREAM. In March 2025, the vessel was supplied with about 1,000 tons of biofuel in Singapore, initiating MOL’s...

Over the next decade, the Port of Long Beach plans to invest more than $3.2 billion in capital projects that drive efficiency and make cargo operations more sustainable. The 10-year program calls for improvements to rail, terminals, roadways, waterways, and safety and...