Plaquemines Port Harbor and Terminal District announced it signed a letter of intent (LOI) with APM Terminals (APMT) to build a container terminal on the West Bank of Plaquemines Parish, La.Plaquemines Port will lease the land to APM under a 30-year ag…
APM Terminals to Develop Container Terminal at Plaquemines Port Read More »
Attack appears to have targeted LR2 carrying Russian cargo
Missile targets tanker in Gulf of Aden, far from epicentre of previous Houthi attacks Read More »
The Brazilian administrative authority has suspended Italy’s Saipem and its subsidiary Saipem do Brasil from contracting with the country’s public administration for two years, the engineering and construction group said on Friday.The decision stems fr…
Saipem Barred from Public Contracts in Brazil for 2 Years Read More »
Blacklisted entities are based in Hong Kong and United Arab Emirates
US sanctions tanker quartet for financing Iran and the Houthis Read More »
The Baltic Exchange’s dry bulk sea freight index slid on Friday as its worst week since 2008 came to an end with rates across vessel segments languishing at multi-month lows.The overall index, which factors in rates for capesize, panamax, and supramax …
Baltic Dry Index Marks Worst Week Since 2008 Read More »