In the fast-paced world of terminal operations, efficiency and reliability are paramount. Packer Avenue Marine Terminal has leveraged innovative technology to enable remarkable transformation and growth over the past decade. Gate automation and crane optical character...

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Russia’s crude oil exports from its western ports are expected to decline in January from the previous month on higher domestic refinery runs and possible weather-related disruption, two industry sources said, although drone attacks on energy infrastructure may see...

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Platts, part of S&P Global Energy, will update the basis rates used in its calculation of various freight netback assessments in Asia and the Middle East, in line with flat rates published by the Worldscale Association, effective Jan. 2, 2026. The basis rate used...

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Climeon has successfully completed the Factory Acceptance Test (FAT) for its HeatPower 300 system, which is now being prepared for delivery to Zhejiang Xinle Shipbuilding Co. in China. The system has been certified by RINA for installation on board NovaAlgoma Cement...

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DHT Holdings, Inc. announced that it has entered into an agreement to sell the DHT China and the DHT Europe for a combined price of $101.6 million. Both vessels were built at Hyundai in 2007. The vessels are expected to be delivered to the new owner during the first...

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