Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow to companies such as Danish shipping group Maersk
A large buildup of U.S. naval forces in and around the Southern Caribbean has officials in Caracas and experts in the United States asking: is the move aimed at combating drug cartels, as the Trump administration has suggested, or is it for something else entirely?Seven U.S. warships, along with one nuclear-powered fast attack submarine, are either in the region or are expected to be there soon
Confusion over new fuels will not be helped by the fact that each one has a good and bad version. The science on grey ammonia, grey methanol, and palm oil biofuel show that these are probably worse for the planet, if adopted, than unfettered continuation of fossil fuel consumption.
The Unified Command, consisting of the US Coast Guard, Spectrum OpCo (Operator), and the Louisiana Oil Spill Coordinator's Office (LOSCO), continue to respond an oil and natural gas release in coastal Louisiana.This spill occurred on April 26 in a marsh environment near the Garden Island Bay Production Facility company's well in Plaquemines Parish, southeast of New Orleans, Louisiana.
At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving it pole position in global class in global new order share with 22 percent.
Iridium Communications Inc., a provider of global voice, data, and PNT satellite communications, unveiled a miniature application-specific integrated circuit (ASIC), the Iridium PNT ASIC. Engineered for integration into a wide range of electronic devices, the Iridium PNT ASIC will deliver authenticated, pole-to-pole positioning, navigation, and timing (PNT) data.
Sea, the intelligent marketplace for fixing freight, and Pole Star Global, the maritime compliance authority behind PurpleTRAC, have together transformed how charterers, compliance teams, and legal administrators manage regulatory risk.Now fully integrated, Sea’s Recap Manager, a solution for recap and contract management
MAN Energy Solutions will deliver the world's most powerful two-stroke methanol engine in June 2025. The engine, an MAN B&W 12G95ME-C10.5-LGIM (-Liquid Gas Injection Methanol) type rated at 82,440 kW @ 80rpm, is currently being built by Chinese licensee, CSSC-MES Diesel Co., Ltd. (CMD).
On April 5, 2025, Moran Towing celebrated the christening of the Mary Jane Moran with their crews, customers, port partners, and the family of the namesake in Port Arthur, TX. The event marked the arrival of a powerful new tug and honored a family who have been a part of our story for decades.
DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3% year-on-year, despite macroeconomic headwinds and concerns over the outlook for global trade.The global logistics business, which now can handle over 100 million TEU across operations in 78 countries, benefitted from long-term infrastructure investment
Libya's National Oil Corporation (NOC) said oil exports were continuing without disruption following talks with protesters at the Es Sider and Ras Lanuf ports on Tuesday."Operations are proceeding smoothly across all fields and ports after discussions with protesters who held demonstrations this morning at the Es Sider and Ras Lanuf ports," the NOC said in a statement on its Facebook page.
Port and logistics firm DP World has surpassed 100 million TEUs of container handling capacity across its global portfolio since inception.The achievement has been made possible due to over $11 billion in strategic investments and infrastructure development over the last decade.Over the past 10 years, DP World’s capacity has grown 33%