Joining forces to make "green hydrogen" 
BP, Nouryon, and the port of Rotterdam have joined forces to explore the opportunity of making “green hydrogen” via water electrolysis for BP’s refinery in Rotterdam (the Netherlands), which has the potential for a significant reduction of CO2 emissions. The refinery... more
GHG emissions study reveals fuel savings
An independent study on greenhouse gas (GHG) emissions, commissioned by SEA\LNG and SGMF and conducted by the data and consultancy provider Thinkstep, has revealed that GHG reductions of up to 21% are now achievable from the use of LNG as a marine fuel, compared with current... more
Spanish Ports continue on growth path in 2019
According to data published by Puertos de Estado, trade flows in Spanish ports grew to 89.9 million t in the first two months of 2019, 4.1% more compared to the same period in 2018. Goods in international transit increased by 7.4% to 24 million t. Some 44.4% of the goods... more
Bremenports invests in long-term project in Iceland
The development of the port at Finnafjord in northeast Iceland is now taking shape, following the establishment of the Finnafjord Port Development Company (FFPD). EFLA, an Icelandic consultant company, Bremenports (Germany) and Icelandic municipal governments are managing... more
Swedish Club reports volatility in investment
After Q1/2019, the Swedish Club stated that investments in the sector were very volatile with equity markets in free fall during December 2018. As a result, a negative investment return of -1.6% was recorded at the end of December. Profits in the underwriting business covered at... more
Number of pirate attacks drops in first quarter 2019
According to a report of the IMB, a unit of the London (UK)-based ICC, the number of registered cases of piracy at sea and armed attacks on ships decreased significantly over the first three months of this year compared to last year. 38 attacks were reported – at the beginning... more
DNVGL rates shipping ports worldwide
DNVGL’s recent maritime capitals report claims that Singapore continues to hold the top position of all maritime capitals. Despite a somewhat weak trade cycle in traditional shipping and offshore oil and gas markets that have yet to recover from a downturn, Singapore retained... more
Tripartite MoU to enhance autonomous navigation
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with ST Engineering Electronics, an information communications technologies provider and co-creator of Smart City Solutions, and Mitsui & Co, the second largest trading house in Japan. The partners will... more
Trois-Rivières and Mulhouse to collaborate
The Canadian port of Trois-Rivières and the French ports of Mulhouse Rhin recently signed a collaboration agreement focused on best operational and business development practices. The four key areas of cooperation will be port governance, trade promotion, sharing innovation and... more
Tec Plata terminal opens in Argentina
It is official: Tec Plata, the new container terminal located in Puerto de La Plata (Argentina), has begun operations. Its opening ceremony was attended by the vice-governor of Buenos Aires province, the minister of production and other officials. Tec Plata is a subsidiary... more