Business

Venezuela’s interim president, Delcy Rodriguez, on Wednesday met executives from Repsol and French company Maurel Prom in Caracas, following the approval of a sweeping reform of the country’s main oil law last month. The reform gave six months to the government and joint-venture partners of state company PDVSA to negotiate and update the terms of […]

US military shipbuilder Huntington Ingalls said on Thursday that it had expected free cash flow for the current quarter to be negative, despite beating quarterly profit estimates, sending its shares down 11 per cent at midday. CEO Chris Kastner said on a post-earnings call that the negative cash flow represented use of about $600 million, […]

Activists behind a flotilla intercepted at sea last year by Israel while trying to bring a performative amount of aid to Gaza will try again this year, expecting more than twice as many boats carrying “up to 1,000 medics”, they said on Thursday. The Israeli military halted the roughly 40 boats in the “Global Sumud […]

Motin’s lawyer James Leonard said Motin unsuccessfully tried to take the Single off autopilot and change course, arguing that while Motin was at fault he was not grossly negligent. But, after a trial at London’s Old Bailey court, Motin was convicted on Monday and returned for sentencing on Thursday. Judge Andrew Baker described Motin, who […]

Reliance Industries has partially offloaded a jet fuel cargo in Italy, India’s first export to the region since a European Union ban on products derived from Russian oil took effect on January 21, data from ship trackers and trade sources showed. India is one of the top buyers of Russian crude, and market players are […]

The Klaipėda State Seaport Authority has launched the procurement process for contractors to carry out the first stage of the expansion of the harbour’s southern area. This initial phase involves the construction of the southern port gates, which the authority reported is part of the largest development project in the history of the facility. Algis […]

Estonia’s Tax and Customs Board completed its investigation of the refrigerated containership Baltic Spirit and permitted the vessel to continue its trip to Russia, saying that the reports of “contraband was not confirmed.” Estonia’s elite K Commando force had stormed the ship with the support of the Navy, reporting that it was being detained on […]

An MSC containership inbound for Saint Petersburg, Russia was reportedly disabled after an explosion and fire in the Gulf of Finland. Details are coming from Russian media reports of the incident without official confirmation from the maritime services or MSC. A feeder ship named MSC Giada III (39,000 dwt) experienced an explosion in its engine […]

Luiz C Oliveira – Editor 02/05/2026 1:48 pm – Updated 1h ago 4 Min Internal Pages – Super (728×90) – Position 1 illustrative photo Click here to Read the Summary The docking of ONE Synergy at Brasil Terminal Portuário marked the ship’s inaugural call at the Port of Santos. The operation highlights BTP’s ability to […]

Luiz C Oliveira – Editorial Jornal Portuário 02/05/2026 1:42 pm – Updated 2 hours ago 3 Min Internal Pages – Super (728×90) – Position 1 Disclosure Click here to Read the Summary The container ship ONE Synergy made its inaugural call at the Port of Santos after bringing forward its scheduled arrival in January. The […]