Turkish port operator Yilport Holding has signed a 49-year concession agreement for the Port of Taranto in Italy. The deal was signed on July 30 with Port Network Authority of …

Indonesia would not switch to low-sulphur fuel from January 1, 2020, due to abundant supplies of 3.5% sulphur content fuel, Reuters said citing the country’s transport ministry. Namely, the authorities …

India’s oil imports from Venezuela surged to about 475,200 barrels per day (bpd) in June, more than double the previous month and highest in 21 months, data from shipping and …

The Panama Canal and UN Environment have signed a cooperation agreement to join efforts on sustainable development and combating climate change. The deal includes the exchange of experiences and knowledge, …

Palmali Rostov Shipping Company recovered 260 million rubles from oilmen. This is a debt for the rental of oil tankers One of the largest oil-producing enterprises in Russia, OOO LUKOIL-Nizhnevolzhskneft, will …

French oil and gas company Total, the Republic of Benin and the Société Béninoise d’Energie Electrique (SBEE) have signed a gas supply agreement and a host government agreement for the …

Japanese shipowner NYK has formed a joint venture with Philippines-based Transnational Diversified Group (TDG) to launch the electronic money platform MarCoPay. MarCoPay — derived from Maritime Community — is an …

Dubai-based port operator DP World and Indonesia’s conglomerate Maspion Group have signed two preliminary agreements with an aim to create a USD 1.2 billion container terminal and an industrial logistics …

Palmali Holding’s M/T BALTIC MARINER tanker under Maltese flag is ready for its journey. Tanker is 130 meters tall, 16 meters wide with capacity 6,623 DWT. When it comes to …

A USD 320 million expansion project at the Virginia International Gateway (VIG) container terminal has been completed, Virginia Governor Ralph Northam announced. As explained, the completion of this project represents …

Swedish shipowner Stena Bulk has rejected claims of a collision involving Stena Impero, the UK-flagged tanker seized by Iran in the Strait of Hormuz on July 19. “We can confirm …