News Flash

British Virgin Islands Premier, Port Director Charged With Drug Trafficking And Money Laundering Crimes In U.S.

Federal prosecutors in Miami, Florida have charged three people, including British Virgin Islands (BVI) Premier, Andrew Alturo Fahie, and Managing...
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Port Of Long Beach Completes Project Boosting Rail Capacity

The Port of Long Beach has completed the construction of a new rail project which it says will increase the...
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NYK Orders Six LNG Carriers For Long-Term Charter To CNOOC

Japanese shipping company NYK has announced its first long-term time charters with China’s state-owned China National Offshore Oil Corporation, or...
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West Coast Port Employers Laud Automation Ahead Of Labor Talks

Employers at West Coast ports at the center of the U.S. supply-chain crisis released a study extolling the benefits of...
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Great Lakes Dredge & Dock Awarded First Contract For New Jones Act Rock Installation Vessel

A consortium between Houston-based Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) and Netherlands-based Van Oord has been awarded a...
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Havila Kystruten Takes Delivery Of Second Eco-Friendly Hybrid Cruise Ship

Norwegian shipping company Havila Kystruten has taken delivery of its second eco-friendly hybrid-powered cruise ship Havila Castor at Tersan shipyard...
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Zero-Emission Bulker Concept Uses Sails, Fuel Cells, Solar Power

Japan’s Eco Marine Power has expanded on its earlier research presenting its first design concept for a zero-emission Handymax bulker...
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The Information Age Is Starting To Transform Fishing Worldwide

People in the world’s developed nations live in a post-industrial era, working mainly in service or knowledge industries. Manufacturers increasingly...
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Gothenburg Targets Becoming E-Methanol Hub With Ship-to-Ship Bunkering

The Port of Gothenburg, Sweden is taking steps to position itself as a leader in the emergence of renewable methanol...
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Ørsted Will Marshall Offshore Wind Farms At New NJ Wind Port

Ørsted has agreed to become the first tenant for the marshaling operations for its offshore wind farms at New Jersey’s...
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Port Of Antwerp Overcoming Loss Of Russian Shipping Export Trade -CEO

The Port of Antwerp is adapting to losing shipping trade with Russia and its merger with the neighboring Port of...
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Inflation To Be Elevated For Longer On War, Demand, Job Markets

Russia’s invasion of its neighbor will likely have a protracted impact on commodities, affecting oil and gas prices more severely...
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Rosneft Cuts Diesel Exports From Key Russian Port To Zero

Russian oil giant Rosneft is not scheduled to export any diesel from the Baltic port of Primorsk in May as...
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Premium Demand Remains Weak For US Imports Amid China Lockdowns

All-inclusive container rates into North America were largely unchanged during the week ended April 29 amid slow booking activity and...
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Traders Deploy Costlier Smaller Tankers To Move Displaced Russian Oil To China

Traders are deploying smaller, costlier vessels to ship displaced Russian oil from European ports to China, in a rare move...
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Traders Using Costlier Smaller Tankers To Move Russian Oil To China

Traders are deploying smaller, costlier vessels to ship displaced Russian oil from European ports to China, in a rare move...
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Hudong Zhonghua Inks Its Largest Ever LNG Carrier Order With NYK

The contracts are valued valued at CNY8.4bn ($1.26bn), the largest single LNG carriers order that the Chinese shipyard has ever received.  With the...
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China Pushes For Implementation Of Tanzania’s Bagamoyo Port

China is pushing authorities in Tanzania to kickstart the implementation of the $10 billion Bagamoyo port project. It has been...
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Equatorial Guinea Reports Crackdown On Fraudulent Ships

Equatorial Guinea will crackdown on ships that illegally use its flag government officials said in the wake of the loss...
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Offshore Work Commences For World’s Largest Wind Farm, Dogger Bank

Offshore construction for the world’s largest offshore wind farm has commenced marking a significant milestone for the development of the...
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