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Ports & Logistics

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In focus: Is LNG stuck between a rock and a hard place in the energy transition story?
Ports & Logistics

In focus: Is LNG stuck between a rock and a hard place in the energy transition story?

The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen

about 3 years ago
FSO Safer; Source: Boskalis
Ports & Logistics
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With salvage ops underway, Dutch govt urged to step in for ‘safe and environmentally sound’ FSO recycling

Salvage operations to transfer the oil from a rapidly decaying FSO, moored off Yemen, to a safe vessel are expected to start soon.

about 3 years ago
AD Ports
Ports & Logistics

AD Ports Group inks concession deals with KTP, Congo

UAE-based port operator AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a major

about 3 years ago
Shipping
Ports & Logistics

GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarb

about 3 years ago
APM Terminals Bahrain aims to become region’s 1st fully solar energy-powered port
Ports & Logistics

APM Terminals Bahrain aims to become region’s 1st fully solar energy-powered port

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has launched a newv solar power project to make the port energy self-sufficient by the end of 2023.

about 3 years ago
DP World: Direct carbon emissions down by 5 per cent in 2022
Ports & Logistics

DP World: Direct carbon emissions down by 5 per cent in 2022

DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral target.

about 3 years ago
AD Ports, Karachi Port join forces on sustainability and development
Ports & Logistics

AD Ports, Karachi Port join forces on sustainability and development

AD Ports Group and Karachi Port Trust (KPT) have signed a Memorandum of Understanding (MoU) to develop port and terminal infrastructure at Karachi Port.

about 3 years ago
Yanghsan Port
Ports & Logistics

China’s Yangshan Port claims first place in 3rd Container Port Performance Index

Yangshan Port in China took the top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022. Developed by the World Bank and S&P Global Market Intelligence, the third edition of the CPPI i

about 3 years ago
China Shipping
Ports & Logistics

UMAS: 40 pct improvement in efficiency needed in this decade

A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030

about 3 years ago
AD Ports Group
Ports & Logistics

AD Ports Group inks $2 billion loan

UAE-based port operator AD Ports Group has signed a General Corporate Facility agreement with a syndicate of 13 regional and international banks worth approximately $2 billion. The multi-currency facility is divided into three tranches, amounting to €600 million, $620 million, and AED 2,863 million,

about 3 years ago
IMO
Ports & Logistics

IMO calls for urgent action as shadow fleet raises safety and liability concerns

The International Maritime Organization’s (IMO) Legal Committee has highlighted the risks and consequences of ship-to-ship transfers in the open ocean and the methods used to obscure ship identities. At its 110th session in London, the committee was informed that a fleet of between 300 to 600 tanker

about 3 years ago
ADNOC Offshore
Ports & Logistics

UAE player scopes up $2.6 bln deal while unveiling new turnkey offering to ‘revolutionise offshore oil and gas logistics’

ADNOC Logistics & Services has revealed a new deal with ADNOC Offshore, which amounts to $2.6 billion (AED9.5 billion).

about 3 years ago
Shipping
Ports & Logistics

Counting the cost of going green: The steep price of switching to e-methanol

The adoption of alternative, low-carbon fuels in the shipping industry is one of the key aspects of achieving the goal of mitigating the impact of international maritime trade on air pollution and the emission of greenhouse gas. Cost is a particularly important consideration, as the adoption of new

about 3 years ago
Illustration; Source: Worley
Ports & Logistics

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read