As the region pivots away from Russian supplies amid the Kremlin’s war in Ukraine, more terminals are needed. 

The three ports and C40 Cities will work closely with other stakeholders in the maritime and energy value chains to accelerate the deployment of low- and zero-carbon emission solutions.

The expansion is one reason there is a rush to add LNG tankers to capacity-strained shipping markets.

Germany's foreign minister said it showed what the international community could achieve if it refused to be blackmailed by Russia.

Regulators have said Freeport needs to take a series of corrective actions that must be approved before a restart can happen.

Russia halted its backing for the deal on October 29, accusing Ukraine of using a safety corridor to attack its fleet.

The dispute is over who is responsible for connecting moored vessels to shore-based electricity while docked, in a process known as “cold ironing.”

Supply chains inherently face levels of uncertainty. Meeting revenue targets, satisfying customers, and containing costs rely on companies being able to minimize that uncertainty and solve problems quickly and effectively.

Trade compliance has always been a dense thicket to navigate, and fines for failing to do so can up-end a business. Now, it’s more complex and fast-changing than ever.

About 1.1 million tons of high-sulfur fuel oil were being stored on vessels near Singapore and Malaysia.