Shell PLC's LNG Canada export project in British Columbia plans to start building its proposed second phase with natural gas-powered turbines and switch to electricity as more renewable power becomes available, a top executive said, a decision that means the expansion project will initially generate high greenhouse gas emissions.
Commercial cargo shipments on Russia’s Azovo-Don inland waterways have slumped in 2022 to the lowest level on record amid Western sanctions and traffic suspensions on vessels in the Azov sea, Russian Federal Agency for Sea and Inland Water Transport (Rosmorrechflot) said.The Azovo-Don waterways are used during the summer period as an alternative to railways for the export of cargoes
Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags disrupt flows of goods into the country, according to trade sources and shipping data. Food is exempt from the West's sanctions on Iran over its nuclear program, but the impact of the sanctions on Iran's financial system has created complex and erratic payment arrangements with
The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at the location of the pipeline damage on line 1 in the Swedish exclusive economic zone and found "technogenic craters". "According to preliminary results of the damage site inspection
Dozens of ships carrying liquefied natural gas (LNG) are circling off the coasts of Spain and other European countries unable to secure slots to unload because plants that convert the seaborne fuel back to gas are full.Europe is facing an energy supply squeeze as Russia has progressively cut gas flows after the West imposed sanctions in response to the Ukraine war.
Largest known plant on earth discovered at Shark Bay, and it's 4,500 years old.Researchers from The University of Western Australia and Flinders University have located what is believed to be the largest plant in the world – an ancient and incredibly resilient seagrass stretching across 180km that is estimated to be at least 4,500 years old.
German container shipping group Hapag-Lloyd on Thursday reported first-quarter net profit of 4.2 billion euros ($4.4 billion), more than triple the number a year ago and, forecast another strong performance for the second quarter."The year has got off to an exceptionally strong start on the whole, and whilst there have been first signs that the market has passed its peak
P&O Ferries on Tuesday rejected the British government's request to rehire 800 workers it fired without notice two weeks ago, saying that doing so would cause the company to collapse.P&O Ferries, an 180-year old company now owned by Dubai-based logistics group DP World, prompted an outcry from British government ministers
Heavy tug boats on Tuesday sprayed water on a burning ship carrying thousands of Porsches and Bentleys adrift off the coast of Portugal's Azores islands, the ship's manager said in a statement.The Felicity Ace, carrying around 4,000 vehicles including Porsches, Audis, and Bentleys, some with lithium-ion batteries, caught fire on Wednesday last week.
A ship carrying around 4,000 vehicles, including Porsches, Audis and Bentleys, that caught fire near the coast of the Azores will be towed to another European country or the Bahamas, the captain of the nearest port told Reuters on Friday.Lithium-ion batteries in the electric cars on board the vehicle carrier Felicity Ace have caught fire and the blaze requires specialist equipment to extinguish
Inland maritime transportation systems (MTS) play major roles in domestic and international supply chains, with unique challenges related to upstream and downstream sources disruption, accessibility and shifts in commodities, as well as demand and supply imbalances. With a 20% on-time arrival statistic, the U.S.
Staff shortages caused by an ongoing strike over wages are impacting container and car terminals at South Africa's Durban port, one of the busiest on the continent, a unit of state-owned logistics company Transnet said on Tuesday.Transnet, which manages South Africa's freight rail network and ports, declared force majeure last week after its workers went on strike over a wage dispute.