Washington has awarded more than $653 million in funding for the development of port infrastructure across the US through the Port Infrastructure Development Program (PIDP).
With the Panama Canal implementing sharp cuts in the number of booking slots for transits in the coming months tankers are set to be squeezed out of using the key waterway.
Ocean Network Express (ONE) has expanded its terminals footprint on the US West Coast and in Europe with the completion of the acquisition of stakes owned by parent Japanese companies.
Yara and North Sea Container Line (NCL) are collaborating to produce the first green ammonia powered containership, agreeing to put safety at the forefront of the vessel design and operation.
Shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI).