Ethiopia and Sudan have agreed on a deal that will allow the Horn of Africa nation to take a stake of Port Sudan, Ethiopia’s Foreign Ministry said on Thursday.The deal was reached on Thursday in Khartoum in a meeting between Ethiopia’s Prime…
Ethiopia Will Take a Stake of Port Sudan Read More »
A vessel carrying 58,503 tonnes of sorghum from the United States switched its destination from China to South Korea early on Thursday, according to Thomson Reuters Eikon ship tracking data. The Peak Pegasus loaded U.S. sorghum from trader ADM’s…
Course Change for China-bound U.S. Sorghum Bulker Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for capesize and supramax vessels strengthened. The overall index, which factors in rates for capesize, panamax and supramax…
Baltic Index Gains on Firmer Capesize, Supramax Rates Read More »
H-Energy Gateway, the energy venture of Hiranandani Group, launched India’s first Floating Storage Regasification Unit (FSRU) based LNG terminal at JSW Jaigarh Port in Ratnagiri District, Maharashtra. The Jaigarh Port is owned & operated by…
India’s First FSRU Based LNG Terminal Launched Read More »
At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed “Maggie” by BP, the dangerous ins…
In U.S. Gulf, Robots, Drones take on Dangerous Offshore Oil Work Read More »