Xeneta: Carriers Tighten Capacity as Rates Surge Across Key Trades
The global ocean container shipping market continues to feel the heat as capacity tightening and surging demand fuel an upswing in spot freight rates. According to the latest market update, shippers are experiencing a...
Surging LNG Demand Drives HD KSOE’s Latest Contract for Specialized Carriers
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a significant contract win, securing orders for four Liquefied Natural Gas (LNG) carriers from an Oceania-based shipping company. The deal, valued at approximately 1.396...
Friendship Pass Revolutionizes Cross-Border Trade with Unmanned, Smart Port Operations
The Youyiguan Port, also known as Friendship Pass, a critical land gateway connecting China and Vietnam, is on the cusp of a major transformation with its smart port project nearing completion. This ambitious initiative...
GCMD Demonstrates End-to-End Value Chain for Onboard CCS
The Global Centre for Maritime Decarbonisation (GCMD), in collaboration with ecosystem partners, has successfully demonstrated the full value chain for onboard captured CO2, including offloading, handling, transport, and utilisation.
The captured CO2 was...
Valenciaport Expands Green Footprint, Adds “Upcycling the Oceans”
The Port Authority of Valencia (APV), which manages the ports of Valencia, Sagunto, and Gandia, has officially approved its adhesion to the Upcycling the Oceans project. This significant move underscores APV's commitment to environmental...
Coastal Bend LNG Sets Sail with 22.5 Mtpa Terminal on Texas Shore
A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast, reports Offshore Energy.
Texas takes off
The company, called Coastal Bend LNG, announced it has...
Saudi Spark, Hutchison Sign Dryport Concession Agreement
King Salman Energy Park (Spark) and Hutchison Ports signed a concession agreement to oversee the operation and management of a dry port and bonded logistics zone within the expansive 50 square kilometres global energy...
Port of L.A. and Wonderful Co. Team Up to Boost Central Valley Trade
Port of Los Angeles, Shafter, and The Wonderful Company Forge Supply Chain Partnership.
New Trade Agreement to Boost Central Valley Exports Through Port of Los Angeles.
Wonderful Logistics Center to Anchor New Rail...
IMO Adopts New Safety Standards for Pilot Transfers
SOLAS Amendments Aim to Protect Maritime Pilots.
Global Standards Updated to Reduce Pilot Transfer Risks.
New Rules Strengthen Safety for Pilots and Seafarers Alike.
Maritime pilots play a crucial role in ensuring safe navigation,...
Indian Navy Rescues Crew After Fire on Oil Tanker in Gulf of Oman
Massive Fire Breaks Out on Drifting Tanker; Navy Launches Rescue Operation.
Engine Room Blaze Leaves Vessel Powerless; Naval Team Responds Swiftly.
Second Sea Rescue This Month: Indian Navy Battles Another Maritime Fire.
A serious...