Austrian energy and chemicals company OMV is planning to build a refinery in the port of Antwerp, De Tijd reported on Friday. The proposed facility will convert waste streams, such as used cooking oil and other vegetable or animal fats from the food and agricultural sectors, into sustainable aviation fuel (SAF). The project, called BioHy,… Read More
On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion (A$5.8 billion) deepwater mega-port in Peru called Chancay. China’s state-owned Cosco shipping giant had purchased a 60% stake in the port for US$1.6 billion (A$2.6 billion), which gave the… Read More
China has invested billions in 129 ports worldwide, raising concerns the Belt and Road Initiative is quietly being weaponized On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion deepwater mega-port in Peru called Chancay. China’s state-owned… Read More
The Port of Los Angeles processed over 10.3 million container units in 2024, marking a nearly 20% increase from the previous year and securing its position as the second-best performance in the port’s 117-year history. The achievement comes as the port celebrates its 25th consecutive year as the Western Hemisphere’s busiest container port. In December… Read More
State Intends to Bolster Water Freight, Improve Supply Chain Wisconsin Gov. Tony Evers granted $10.8 million on Jan. 15 for five harbor infrastructure projects to improve the movement of freight and the state’s supply chain. “As billions of dollars of cargo move through our ports each year, maintaining and improving these critical parts of our… Read More