Endeavour Americas by Littlegate Publishing

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Energy from Experience

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector.

The management group has a long history of success in the resource sector of Argentina and a strong track record of government and community relations.

The Lithium Battery Fueling the Green Revolution

• The Lithium Triangle, including parts of northwestern Argentina, produces about half of the world’s lithium and hosts approximately 60% of the known lithium reserves

• Most lithium in this area is in salt lake (“salar”) brines

• Argentina produces approximately 10% of the world’s lithium, making it one of the top ﬁve global producer (2020)

• Government is encouraging renewable energy initiatives

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Media Coordinator Andrew Williams andrew@littlegatepublishing.com

Lead Designer Alina Sandu Research Kristina Palmer-Folt Editorial Research Amber Winterburn

Corporate Director Anthony Letchumaman anthonyl@littlegatepublishing.com

Founder and CEO Stephen Warman stevewarman@littlegatepublishing.com

For enquiries or subscriptions contact info@littlegatepublishing.com +44 1603 296 100

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Editor’s Note

The United States is one of the largest hubs of business operations on the globe. With an expansive array of industries across the 50 states, almost every business sector is covered in one way or another. For many companies, expanding their operation into America allows them to access its rich and thriving markets on both a national and international scale. This special USA Edition of Endeavour Magazine focuses on promoting companies which are leading their respective industries, and subsequently adding to the stellar reputation of America.

Despite America being such a big hub of business activity, the country, like the rest of the globe, has dealt with growing concerns regarding population demands, recovering following the global pandemic and making the much-needed shift towards sustainability in recent years. But America takes these challenges in its stride, and we continue to see how companies across the nation are doing their part to meet these demands and continue to strive to be the best.

In Endeavour USA you can expect to see a whole range of industry giants from manufacturing to energy to shipping as much like America’s diverse industries, we are going to cover it all!

106 Mermaid Ai, Inc The Future of Maritime Safety

112 Maersk North America Leading Shipping Solutions

118 CMA CGM Brazil Connecting Brazilian Ports to the World

126 Port Of Milwaukee A Hub for Cargo Distribution

132 Port Of Savannha The Fastest- Growing Container Port in North America

140 Port of Lake Charles Supporting America’s Shipping Corridor

Ecopetrol is a world-class integrated oil and gas company based in Colombia, focused on hydrocarbon production. Throughout the entire hydrocarbon value chain, Ecopetrol provides exploration, production, transportation, refining, and commercial operations. Consequently, it is no surprise that Ecopetrol has become a leading energy group operating across Latin America. Nonetheless, throughout all its activities, Ecopetrol remains committed to integrating technology and innovation to deliver valuable hydrocarbons with sustainability in mind.

Ecopetrol, formerly Empresa Colombiana de Petróleo S.A., is Colombia’s state-owned energy company, which is the largest and most prominent energy company in the country, responsible for 60% of the nation’s hydrocarbon production. While Ecopetrol’s operations focus on the basins of the Americas, it serves customers worldwide with key energy projects. Globally, Ecopetrol operates and participates in exploration and production ventures in the United States, Brazil, and Mexico.

The first step of Ecopetrol’s value chain is in the exploration for hydrocarbons, where the company is focused on exploring, discovering and appraising commercially viable hydrocarbon accumulations. In Colombia, Ecopetrol’s current exploration projects include onshore activities in the Llanos Orientales and Mid-Magdalena Valley basins. In Llanos Orientales, Ecopetrol has been developing, maturing and drilling prospects in the north of Arauca. These operations are in highproductivity fields, which have been associated with the existing Arauca-Caño Limón oil field. Then, Ecopetrol has been exploring and appraising heavy crude prospects near the Chichimene-AcaciasLorito and Castilla production trains, which will

Ecopetrol

DOF Brasil

DOF Brasil celebrates 25 years of expertise and commitment, delivering integrated offshore services across the energy sector.

Over the years, DOF has expanded its local and global footprint, offering integrated marine and subsea services throughout the offshore lifecycle — all from a single company.

Driven by our core values - Safety, Respect, Integrity, Teamwork and Excellence - we uphold the highest standards by combining a skilled workforce with a high-end fleet to deliver smart, safe and efficient solutions for the most demanding offshore challenges.

DOF supports key segments in the O&G and Renewables markets, including:

• Vessel Management & Operations

• IMR Projects (PIDF – Flexible Lines & Subsea Facilities Inspection Plan)

• ROV, AUV & Survey Services

• Flexible Pipelay Vessels & Service

• SURF & Decommissioning Projects

• SAT & Air Diving Vessel Operations & Service

• Mooring Operations

• Seismic Cables & OBN Installation

• Offshore Wind T&I and Cable Repairs

As we celebrate this milestone anniversary, we look forward to continuing and expanding our successful journey.

be developed in line with existing infrastructure. In the Mid-Magdalena Valley basin, Ecopetrol has been recording seismic information to understand the potential for exploration concepts. This is being carried out in cooperation with Ecopetrol’s strategic partners within the region.

One of these strategic partners is Ecopetrol’s subsidiary Hocol, which engages in the oil and gas production, transportation and commercialisation in Colombia. Therefore, Hocol is an incredibly valuable tool for Ecopetrol, as this subsidiary has helped expand its operations from the Upper Magdalena Valley to northern Colombia and the Llanos region. Hocol have been focused on the exploration of medium and light crudes in the Higher Magdalena Valley and in the central part of the Llanos basin, as well as towards gas exploration on the north coast and Lower Magdalena Valley. Thus, a key part of Ecopetrol’s Colombia Onshore exploration strategy relies on Hocol to oversee the company’s exploration operations.

The next key aspect of Ecopetrol’s operations is the production of hydrocarbons. As we have seen,

Ecopetrol is responsible for 60% of the production of hydrocarbons in Colombia, and so this aspect of its operations is vast and vital to the company’s overall economic development. In 2020, the Ecopetrol Group achieved 697,000 barrels of oil per day (boed), which represented a 99.6% fulfilment of 2020’s goal. Now 5 years later, Ecopetrol is reported to have surpassed its 2025 drilling targets and is currently delivering a production rate of 751,000 boed. This figure is above the expected 2025 target and highlights the ongoing success of Ecopetrol’s production in Colombia.

Once crude oil and gas are produced from Ecopetrol’s wells across Colombia, these are then passed over to Ecopetrol’s transport business, which is responsible for taking these resources through pipelines, multi-purpose pipelines (polyducts) and multimodal transport systems, which take the crude from production to refineries and export ports. This division of Ecopetrol’s operations has been overseen by Cenit, the company’s wholly owned subsidiary, responsible for resource transportation operations.

Following transportation, crude oil and natural gas are then processed through Ecopetrol’s refining and petrochemical infrastructure. In Colombia, Ecopetrol operates the Barrancabermeja and Cartagena refineries, and this is where the oil and gas resources are transformed into value-added products for selling in the company’s marketing division. The Barrancabermeja Refinery is the main refining centre for Colombia, capable of processing up to 250,000 barrels per day. This refinery deals with 80% of the country’s domestic fuel demand. However, following the 100th anniversary of the refinery in 2022, Ecopetrol outlined a range of modernisation projects that aimed to increase the capacity and deliver more refined products for Colombia. The other key refinery is Cartagena Refinery, which today has a 210,000 barrels per day capacity. Collectively, these refineries bring great value to Ecopetrol’s crude oil, transforming these vital resources into profitable products that can be sold down the hydrocarbon chain.

The final aspect of Ecopetrol’s operation is for sales and marketing, where the company connects its crude oil, petrochemical, gas and energy products with markets on both a local and international level. The sales and marketing division is responsible for the sale of crude oil and gas products extracted from its fields, as well as petrochemical and industrial

products produced in the refineries, towards national and international markets. In addition, Ecopetrol purchases crude oil from royalties and third parties in order to optimise its refinery throughput, whilst importing diluent needed for transporting heavy crude through its pipelines. Plus, to supplement its own supply and commitment to customers, Ecopetrol also acquires fuels and petrochemicals as needed from the international market.

As Ecopetrol moves towards the future, sustainability remains a leading concern among energy companies, especially as the world moves towards the global energy transition. For this reason, Ecopetrol have developed the Generating Value with Sustainability pillar of its operations, which is part of the company’s 2040 Strategy to deliver ‘Energy that Transforms’. This oversees Ecopetrol’s sustainability agenda and the movement of the company towards its Sustainable Development Goals (SDG). A key example of this was highlighted in November, when Ecopetrol announced that consultations are nearing finalisation for the construction of the Windpeshi Wind Farm. The Windpeshi Wind Farm plans to be one of Ecopetrol’s largest projects and will encompass 41 state-of-the-art wind turbines, each with a 5-megawatt (MW) capacity. Collectively, the wind farm will have an installed capacity of up to 205MW. The Windpeshi Wind Farm aims to generate

around 8% of Ecopetol’s energy consumption, which will be clean energy and, in the process, will prevent more than 140,000 tons of carbon dioxide from being emitted annually from the company’s operations.

The Windpeshi Wind Farm is currently in discussions with the local communities in the area of influence of the wind farm in La Guajira . According to Bayron Triana, Vice President of Energy Transition at Ecopetrol, a successful series of meetings has been conducted prior to the consultation agreements, which have established relationships with 30 certified communities in the local area. Triana outlined, “We are making a big commitment to turning La Guajira into the development for the Energy Transition that the country needs. That is why we celebrate that the communities have expressed their willingness to work together with Ecopetrol and government entities to promote the development of the great energy potential of this territory, in which the communities

are our main ally.” Tiana’s comments highlight just how valuable the communities are in helping Ecopetrol deliver such a vital clean energy project, which will significantly contribute towards the company’s global energy transition operations.

Across Ecopetrol’s operations, the entire hydrocarbon chain is covered from exploration and production, to transporting, refining and marketing crude oil products for use across both Colombia and international markets. As the most prominent energy company in Colombia, Ecopetrol is committed to delivering vital energy resources with sustainability and, in the process, developing vital energy projects that help meet the clean energy demands of the future. With the support of its subsidiaries, Ecopetrol’s operations are vast, positioning the company as a leading energy player not just in the Latin American market but across the globe.

The Antamina Mine

Peru has long been a premier mining nation, with mining operations spanning the country producing vital copper, silver and zinc resources. For this reason, mining is a pillar of the Peruvian economy, with its mined metal products accounting for a significant portion of the country’s total exports and so a crucial aspect of the country’s total Gross Domestic Product (GDP). At present, there are multiple large-scale mining operations in Peru, one of which is the Antamina mine, which is one of the largest copper and zinc mines in the world. The mine delivers significant vital resources for Peru, and in the process, is focused on supporting the local community and delivering local economic growth.

The Antamina Mine is located in the Andes Mountain Range of Peru and is around 4500 metres above sea level. The mine is a large, low-cost copper and zinc mine that commenced commercial production in 2001, producing molybdenum and silver as byproducts. The mine is one of the largest copper concentrate producers in Peru, and is the world’s second largest producer of zinc. In the production of molybdenum as a byproduct, Peru is now the world’s fourth largest producer of the metal, thanks to the Antamina mine. Thus, the Antamina Mine is a polymetallic skarn deposit, delivering a range of metals vital for Peru. Operations at the Antamina Mine are carried out by Compañía Minera Antamina S.A., who are the independent operator of the mine. Compañía Minera Antamina S.A. is jointly owned by Teck Resources (22.55), BHP (33.75%), Glencore (33.75%) and Mitsubishi Corporation (10%). Collectively, these mining giants work to develop the Antamina Mine under Compañía Minera Antamina S.A, to establish it as a key producer of high-quality concentrates, underpinned by the company’s focus on supporting the local community in which the mine operates. Compañía Minera Antamina S.A.’s operations are split into three central committees, which help organise the operations of the mine, as well as

the local development alongside this. These committees include the Business Planning and Strategy Committee, Finance Committee, and Audit Committee. Alongside these committees is the Advisory Committee, which is made up of representatives from all four shareholders, and is designed to help oversee the identification and management of Antamina’s economic, environmental and social performance.

Mining is carried out using open-pit, truck and shovel techniques. Once ore is mined, it is crushed in-pit and then conveyed to a stockpile mill via a 2.7 kilometre (km) tunnel. The mill is then responsible for separating the copper, zinc, molybdenum and leadbismuth concentrates (containing silver), before they are pumped through a 302km pipeline to the Huarmey Port for shipment to smelters. In terms

Always Beyond

A Vital Mine Project for

TDM Group

TDM Group is a leading company in engineering solutions in Latin America, with over 30 years of experience in mining and infrastructure projects. We specialize in the manufacture, supply and installation of geocells, geomembranes, geogrids and other geosynthetics through our consolidated distribution network in the region.

Our manufacturing plants located in Peru and Brazil are internationally certified, guaranteeing the quality of our products. Our highly trained technical staff provides support in project designs, catering to the specific needs of each customer.

We are committed to offering reliable and efficient solutions to our clients in Latin America and beyond.

www.grupotdm.com

ENGINEERING ENTIRE LIFECYCLE

Partnership through every phase, excellence across decades.

WSP and Antamina: 25 years advancing safe, sustainable and innovative tailings management in Peru

For more than a quarter of a century, WSP has supported Antamina in the development and operation of one of the largest and most complex tailings management systems in the world. This collaboration—built on technical excellence, trust and a shared vision of responsible mining—has positioned WSP as a strategic partner in risk anticipation, innovation and operational continuity for one of Peru’s most important mining operations.

WSP Mining & Metals: A global value proposition with local impact

WSP is one of the world’s leading engineering and consulting rms, operating in over 50 countries with specialized teams covering the full mining life cycle—from exploration and conceptual studies to design, construction, operations, closure and post-closure. Its integrated capabilities include tailings management, water management, geotechnics, mine closure, mining infrastructure, ESG advisory, applied innovation and strategic consulting, combining global expertise with deep local knowledge.

Technical capabilities that reduce risk and strengthen decision-making

WSP’s value lies in its deep, long-term understanding of Antamina’s tailings storage facility and its geotechnical, hydraulic and operational dynamics—knowledge built through more than two decades of continuous involvement. This expertise is reinforced by a multidisciplinary approach integrating water management and hydraulic systems; geotechnics, rock mechanics and slope stability; civil, mechanical, electrical and instrumentation engineering; as well as advanced modelling and monitoring instrumentation.

These capabilities allow WSP not only to deliver engineering solutions, but also to anticipate risks, optimize decision-making and enhance safety and environmental performance. This work is supported by an international team of specialists from Peru, Canada, the United Kingdom, Spain, the United States, Chile and Brazil, many of whom have accompanied Antamina since its early stages.

Growth focused on sustainability and global standards

WSP’s growth strategy in Latin America prioritizes services that integrate ESG criteria, circularity, water e ciency and international standards such as the Global Industry Standard on Tailings Management (GISTM). The Future Ready® methodology promotes the adoption of new technologies, digitalization, automation and innovative solutions such as comingling—implemented together with Antamina—to strengthen operational resilience and support more sustainable mining.

Commitment to safety, the environment and communities

WSP’s ESG approach is re ected in engineering and designs that prioritize safety, environmental protection, responsible water management and strong community engagement. At Antamina, this vision is embedded from early planning through day-to-day tailings operations, working closely with permitting, environmental and closure teams to ensure regulatory compliance, transparency and social license to operate.

More than 25 years building a strategic partnership

Since 1998, WSP and Antamina have built a partnership based on trust and technical rigor, supporting every major milestone of the tailing's facility—from Engineer of Record services onward—with a global perspective tailored to local conditions.

After 25 years, this collaboration continues to demonstrate that engineering, innovation and sustainability can advance together to enable safe, e cient and future-ready mining.

A decisive year of milestones for Antamina

Over the past year, WSP has supported Antamina in critical decisions to strengthen the robustness and continuity of its tailings system. Key milestones include:

Detailed engineering for Phase 9 and evaluation of Phase 10, ensuring long-term capacity, stability and performance.

Detailed engineering for the tailings pumping system to improve reliability and operational e ciency.

Comprehensive tailings studies incorporating comingling solutions supported by WSP’s Future Ready® methodology, which anticipates trends in technology, climate and natural resources.

Construction Quality Assurance (CQA) services for Phase 8, ensuring quality and regulatory compliance during key construction stages.

Engineering of Record (EoR) services, focusing on compliance and risk mitigation.

Planning for Closure services, assessing multiple scenarios aligned with best practices and regulations.

The Antamina Mine

of revenue from a single mining operation. This brings steady and reliable economic development for Peru, which, in the process, supports the local community.

However, with the demand for copper globally increasing, the mine has been undergoing a vital expansion project to increase its copper production. The current expansion of the mine is part of a $2 billion project designed to expand the open pit of the mine, whilst also implementing measures to optimise the mine’s dumps and tailings dam. These expansions and developments hope to increase copper production as much as 20%, increasing the mine’s total copper production to 450,000 tonnes by 2026. Then, once in full operation, the capacity is expected to stabilise around 400,000 tonnes annually, delivering significant copper resources from the mine for Peru.

As the mine’s production continues to expand, vital investments into its operations have been undertaken. In January, we saw the introduction of

a new piece of equipment for the mine: a Komatsu P&H 4800XPC electric shovel. The electric shovel is the largest of its kind in the world, and one of the most advanced electric shovels globally. The shovel has a lifting capacity of up to 135 tons per pass, which is a 30-35% increase compared to the current shovel operations at the mine. Thus, the new Komatsu P&H 4800XPC will significantly strengthen the mine’s production capacity, whilst being fitted with an advanced system for enhanced safety during operation. The introduction of the shovel is a key milestone for Antamina on the global stage, as the mine is the first and only mine in the country to operate with this world-class piece of equipment. Reflecting on the introduction of the Komatsu P&H 4800XPC electric shovel, Carlos Cotera, Vice President of Operations at Compañía Minera Antamina S.A., outlined, “The commissioning of the world’s largest shovel is a milestone for Antamina and for the country’s mining industry. This advancement reflects our commitment to innovation and safety, and reaffirms our vision of operations with world-class standards”. Cotera’s comments here highlight the vital development

A Vital Mine Project for Peru

and investment that Compañía Minera Antamina S.A, are making into the mine in order to support the production of the Antamina Mine, and in the process support Peru’s economy through its mining operations. In fact, the delivery of the shovel is part of a progressive rollout of advanced equipment to the mine over the coming years to increase safety and meet the needs of large-scale mining at the Antamina Mine.

As we have discussed, every aspect of the Antamina Mine has been delivered with the local community in mind, and so across Antamina’s operations, the well-being and improvement of the quality of life of its neighbours and communities remain paramount. Thus, the Antamina Mine works closely with local communities and civil society organisations, as well as local and central government, to achieve sustainable development in Peru. These operations are designed to extend beyond the end of the mine’s life. Currently, Compañía Minera Antamina S.A work across territorial management units, which help identify the needs of the local population, and then they can channel them to the relevant departments within the company for projects to be developed.

One current vital community development program is in education, where Antamina has built

and renovated educational facilities. Alongside this, Antamina has provided training programs to teachers designed to improve the quality and innovation of education in the local community. Plus, Antamina actually provides opportunities for students to pursue university and technical studies through scholarships, which help students develop skills to improve employability. Thus, all operations of Compañía Minera Antamina S.A, and the Antamina Mine are constantly working to give back to the local economy not just through economic growth from the mine’s resources, but through vital programs such as education, to support health, community and local development.

Overall, the Antamina Mine is a vital mining development for Peru that delivers a plethora of vital metal resources, including copper, zinc, molybdenum and silver, which are utilised across industries all over the world. With such a diverse metal offering, the Antamina mine is vital for the Peruvian economy and supports the country’s export growth. However, throughout all of these operations, the Antamina Mine’s complex is focused on supporting the local economy through programs and infrastructure developments to ensure that the benefits of the mine extend long beyond the end of the mine’s life.

The Port of Halifax is a leading international gateway connecting Canada to the world through vital port and shipping operations. With the capabilities to handle significant container traffic, break bulk and cruise business, the port is a vital asset to the Canadian economy, connecting businesses across the country with markets around the world. Canada has a thriving trade sector, with key exports from the country including crude petroleum, gold, cars and refined petroleum, and imports including cars, vehicle parts and machinery. Thus, ports such as the Port of Halifax help deliver these vital commodities, alongside a thriving cruise sector, to position the country as a thriving hub for tourism and trade opportunities.

Connecting to more than 150 countries around the world, the Port of Halifax is a diverse cruise and cargo port located in Nova Scotia, Canada. The port benefits from being ice-free year-round with minimal tides, making it the ideal location for accommodating the world’s largest shipping and cruise vessels. For this reason, the Port of Halifax today serves major shipping lines from across the world, including key transatlantic, Suez and pendulum routings to Europe, the Middle East, Southeast Asia/Indian Subcontinent and the Far East. Additionally, as the first inbound and last outbound port to North America from Europe and the Mediterranean, the port also plays a vital role in supporting shipping to these markets.

With a vital shipping network behind it, the Port of Halifax plays a key role in supporting Canada’s economy. We can see the vital role of the Port in figures from 2022, when the total impact of the Port of Halifax, including Nova Scotia exporters, was $4.87 billion in economic output for the province of Nova Scotia. This generated direct and spin-off impacts of $2.5 billion in GDP, with $1.6 billion in labour income from over 25,300 jobs generated. Thus, the port plays a vital role in supporting the economy of Canada, offering competitive solutions across cargo, cruise and business opportunities.

The Port today is overseen by the Halifax Port Authority (HPA), who are the strategic port manager focused on connecting the port with global markets in order to create value for its customers, partners, visitors and wider community. Thus, by working with key partners, HPA has been making vital infrastructural developments to the ports in recent years. Through vital investments, the port is now equipped with a modernised infrastructure, using the latest technology and security, positioning the Port of Halifax as a hub of future development.

The Port of Halifax’s infrastructure includes the PSA Halifax Atlantic Hub Terminal, PSA Halifax Fairview Cove Terminal, Ocean Terminals, Richmond Terminals, Halifax Grain Elevator, Halifax Seaport, Cruise facilities, and the Ocean Terminals Sequestration Facility. HPA oversees these as the landlord and operates them, with the exception of the PSA Halifax Atlantic Hub Terminal and PSA Halifax Fairview Cove Terminals, which are operated by PSA Halifax, a subsidiary of the global PSA International.

PSA Halifax Atlantic Hub spans 76.5 hectares of land, with 8,00 feet (ft) of on-dock, double-stack rail availability. Serving this, the port has 5 super post-Panamax gantry cranes, including a state-ofthe-art truck marshalling yard. PSA Halifax Fairview Cove then sans 70 acres of land with 2,87 linear feet of dock. The Terminal has 11,000ft of on-dock, double-stack rail, with four gantry cranes (three of which are super post-Panamax cranes). These two terminals are vital in supporting the Port of Halifax’s overall cargo operations.

The Ocean Terminals then span Piers 23, 24, A, and A1. Pier 24 is utilised for working cargoes, project cargos and heavy lift, whilst Pier 23 offers 53,000 square feet of multi-purpose space. However, the primary use of Pier 23 is for cruise operations. Piers A and A1 offer deep-water berths, with excellent truck and rail access. They offer both covered and open stages for cargo, specially equipped with the tools to handle a diverse array of cargo types. Richmond Terminals is centrally located with highway access, offering multi-purpose facilities for cargo with an enlarged open pier and laydown

Port of Halifax

Lighthouse Transportation Inc

Lighthouse Transportation Inc. is an ISO Certified transportation company based in the Halifax area, serving Atlantic Canada and beyond. With more than 40 years of experience, the company provide reliable, customer-focused freight solutions, with a long-standing track record of handling projects of any size or complexity.

Located only a few miles from the Halifax Port, Lighthouse Transportation is ideally positioned to support regional, national, and international freight movements. As a full-service bonded facility, the company offers a complete range of services including container haulage, transloading, specialized and oversized cargo handling, warehousing, and certified custom crating.

Supported by experienced personnel and purpose-built equipment, Lighthouse Transportation delivers dependable, end-to-end solutions that give customers the confidence their freight is managed efficiently from start to finish.

area to handle roll-on/roll-off and break-bulk cargo with enhanced heavy-lift capabilities.

The final facilities at the Port of Halifax include the Halifax Grain Elevator, offering a system of galleries and conveyors, helping move grain to and from vessels. This facility is operated by Halifax Grain Elevator Limited, under lease from HPA. Then, the final two key facilities are the Halifax Seaport, which encompasses the visual arts and cultural district of the Port, offering retailers, cruise terminals, event facilities, cafes, offices, a university and a museum. The Halifax Seaport fits well with the final key facility, which is the port’s cruise facilities, which encompasses the other central business operation carried out at the Port of Halifax, aside from cargo.

The Port of Halifax has a thriving tourism sector, with the port playing a key role in supporting cruise operations to and from the port. Halifax has long been a popular cruise destination due to the port city’s rich history, vibrant downtown and array of local seafood that brings tourists from across the world. Thus, the Port of Halifax has seen significant growth each year within the tourism sector, and

so the port has remained a popular destination along many cruise line itineraries, including for Atlantic Canada. To facilitate this rapidly expanding industry, the port has expanded its facilities to accommodate the world’s largest cruise ships, with more than 2,000 ft of continuous berth space. The principal piers responsible for the Port of Halifax’s cruise operations are Piers 22 and 20, where there is direct ship-to-shore access for passengers and a dedicated cruise passenger terminal. As mentioned, Pier 23 is also utilised for some cruise activities. Once passengers reach the port, HPA staff work to deliver reliable and efficient cruise operations.

We saw in December that 2025 was the Port of Halifax’s longest cruise season yet, running from April until November. The 2025 cruise season saw the port welcome 17 cruise lines, which made 105 calls to the port. Included in this were 7 inaugural port visits, 2 quadruple ship days and multiple double and triple ship days. Across these calls, the port saw 197,368 passengers through the port, as well as crew. One of the inaugural vessel visits was from Virgin Voyages with the Brilliant Lady.

The 2025 season exemplifies the growing and vital role the port plays in supporting Canada’s tourism sector. Speaking on the 2025 cruise season, Robyn Stewart, Manager of Cruise De velopment at the Halifax Port Authority, outlined that “Building on our success, we want to strengthen Halifax’s position as a premier cruise destination and continue creating memorable guest experiences for all our visitors”. Stewart’s comment here highlights that the cruise sector is a thriving and growing industry of the port, and through its continued investment in the sector, it is positioning the port as a highly sought-after cruise itinerary destination.

As the Port of Halifax looks towards the future, it will continue to expand its offerings in both its cargo and cruise tourism sectors. In February this year, PSA Halifax announced that the PSA Halifax Atlantic Hub had made a vital expansion with the INDAMEX Service, following the arrival of CMA CGM’s Cypress vessel to the hub. The INDAMEX is a service connecting the Indian sub-continent with the Canadian East Coast, in order to provide a comprehensive coverage of key ports across South Asia and the Middle East. The service will offer competitive transit times and

reliable schedules, enabling Canadian businesses access to growth markets across the world. Speaking on the announcement of the Cypress arriving at PSA Halifax Atlantic Hub, Paul MacIsaac, Senior Vice President of Halifax Port Authority, outlined, “This direct container service connecting Canada and India reinforces Halifax’s position as a strategic global gateway in eastern North America. The INDAMEX service will create new opportunities for Canadian businesses to diversify markets in South Asia and strengthen supply chain connectivity.” MacIsaac’s comments highlight how the INDAMEX provides yet another vital network that will strengthen the Port of Halifax’s position as a key hub serving shipping and cargo operations across the world.

The Port of Halifax is a vital and developing port that is expanding its services to meet the current and future demands of both the cargo and cruise industry. With a plethora of facilities across the port, and under the guidance of HPA, the port today is a thriving hub serving the world from North America. With the introduction of the INDAMEX service and the port’s growing cruise operations, we look forward to seeing the continued role the port will play in supporting Canada’s economic development for many years to come.

Alabama Port Authority

Serving every county in Alabama, the Port of Mobile is the deepest container port in the Gulf of America and the only seaport serving the state. Therefore, the Port of Mobile is super important to Alabama’s economy, delivering container, general cargo and break bulk facilities to keep goods moving and maintain its vital trade links. The Port of Mobile is overseen by the Alabama Port Authority (APA), which is responsible for the management of the port and its associated infrastructure. A key part of the Alabama Port Authority’s role is investing in the port’s infrastructure to enhance its ability to handle the increasing cargo demands of vessels arriving at the port every day.

The Port of Mobile benefits from its enhanced position along vital transportation networks that allow the port to connect with the extensive inland waterway travelling across the U.S. via barge, the North/South and East/West interstate highways travelling across the state, as well as the rail network offering enhanced movement of cargo to and from the port, and then across the country. This enhanced connectivity means that the Port of Mobile is now one of the most prominent seaports in the United States, offering its customers enhanced connectivity across the nation to support local and international supply chains. Therefore, to optimise this vital transportation network at its disposal, the Port of Mobile today spans 18 diverse cargo handling facilities that deliver leading integrated port facilities to support customers’ supply chains from the very moment their goods arrive at the port.

One of the most valuable facilities is the Port of Mobile Container Terminal, which is operated by APM Terminals, an independent subsidiary of A.P. Møller – Mærsk. APM Terminals are leaders in global container terminal operations and so work alongside APA to operate the Mobile Container Terminal. The Mobile Container Terminal plays a key role in supporting the port’s total cargo capacities, which currently has a 650,000 twenty equivalent units (TEUs) capacity. Across the terminal, the port is able to handle almost all import and export cargoes; however most common cargo types include aggregates, automobiles, breakbulk, coal, cold storage, containers, forest products, general cargo, grain, liquid bulk, metal, and project cargo.

Over the years, the Port of Mobile has continued to expand under APA, who are focused on developing the Port to deliver it as a reliable aspect of customers’ supply chains across the US and beyond. To achieve this major investment projects has been carried out in recent years, including the Mobile Harbour Modernisation Project. The project, totalling £366 million in investment, is part of a statefederal partnership between APA and the U.S. Army Corps of Engineers. The project aims to deepen and widen the Mobile Shipping Channel in order to improve navigational efficiency, accommodate larger vessels and strengthen Alabama’s position as a global trade gateway. In October, APA celebrated

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Alabama Port Authority

that the modernisation project had been completed, and so the Port of Mobile now has a 50ft channel depth, making it the deepest container terminal in the Gulf of America. With an increased channel depth, the port can welcome larger vessels to help encourage large container ships to utilise the port, and in the process enhance strong trade links between Alabama and the rest of the world.

Announcing the completion of the project, Doug Otto, CEO and Director of APA outlined, “This investment isn’t just about depth – its about efficiency. The project’s enhancement allow for two-way vessel traffic and create nearly three miles of passing lane, improving safety, reducing transit times, allowing for more cargo, and delivering faster turnarounds for our customers. These capabilities strengthen the Port’s competitive position and make a compelling business case for shippers choosing Alabama as their gateway for global trade.” Otto’s comments here highlight just how valuable such projects as the Mobile Harbour Modernisation Project are for the port and the local economy. Therefore, to continue to develop the port following the project, APA are currently carrying out work on expanding the turning basin to ensure the port can continue to serve increasing cargo demands and vessel sizes for the future too.

One of the most vital recent developments for the Port of Mobile is the construction of a new container berth. In late October, APA and APM Terminal announced that they had signed an agreement to proceed with the construction of a 1,300ft berth. The £131 million project, funded by federal appropriation to APA and enhanced by private investment from APM Terminals, will see the next phase of the port’s growth. The new container berth is expected to expand the port’s existing berth capacity by 50% and will mean that the port will now be able to handle three ultra-large container vessels (ULCVs) simultaneously. Not only will this expansion significantly enhance the Port of Mobile’s cargo operations and capacity for container traffic traversing the Gulf Coast, but it will also help deliver the port as one of the country’s most competitive and resilient gateways.

Construction of the new berth is expected to begin in 2026, taking two years to complete. Once completed, the annual berth capacity of the Mobile Container Terminal will be 1.4 million TEU, supported by 7 ship-to-shore cranes. Furthermore, to help support this ongoing development, APA has extended APM Terminals’ concession

Major Port Investment Projects

Container Terminal, which will see APM Terminals operating the terminal until 2058, with two 10year extension options. Doug Otto highlighted in the announcement of the new container berth agreement that “With the channel deepening complete, a new berth underway, the Phase IV expansion in progress, and APM Terminals’ continued partnership, we are connecting businesses across Alabama – and across the nation – to global markets faster and more efficiently than ever before.”

Otto’s comments highlight just how the new container berth, along with the existing modernisation projects, will boost the role of the port with increased operational flexibility, faster turnaround times and greater reliability to firmly position the port as a key shipping hub for the entire nation. Thus, with over a decade of shared progress already seen across the ports development under APA, and alongside APM Terminals, the Port of Mobile is now able to deliver supply chain resilience, and in the process support the economic development of the region.

Then, in December, APA announced the newest development of their modernisation plans with the General Cargo Modernisation Program. The program, totalling $100 million of federal investment, will see the redevelopment of Pier B South at the port. The redevelopment is a vital step in a multi-year and multi-phase plan that aims to modernise the Port’s general cargo terminal. The general cargo terminal is one of the original infrastructures of the port, dating back to the 1920s; therefore, with almost

a century of operation, Pier B South is in need of redevelopment to meet the demand of today.

According to Doug Otto, “Pier B South has stood for nearly a hundred years as a symbol of Alabama’s global trade gateway through the Port of Mobile, and now we’re investing to ensure it remains an engine for the next hundred years”. Otto’s comments highlight the long and valuable role Pier B South has played in the port’s development; however, with the whole port developing towards the future, the implementation of vital modern infrastructure to meet the needs of today is necessary. Therefore, the redevelopment plan for Pier B south will see 1,500 linear feet of modern dock structure built, with the capacity to handle 1,500 pounds per square foot (psf) to accommodate mobile harbour cranes and other advanced cargo-handling equipment. In addition, the new dock structure will be served by rail, will be shore-power enabled and will seamlessly integrate into the port’s existing general cargo complex.

Across APA’s operations, there is a key current focus on modernising the Port of Mobile and its existing infrastructure to make it capable of handling increasing capacity of cargoes and vessel types, which in turn aims to increase the competitiveness of the port along national and international supply chains. Working alongside APM Terminals and local governmental figures, APA has been able to bring vital investment into the port to deliver its muchneeded growth and maintain its role as the deepest container port along the Gulf coast.

BP Trinidad and Tobago

As the country’s largest hydrocarbon producer, BP Trinidad and Tobago (BPTT) operates 12 offshore platforms and three subsea installations across the region, which account for around half of the nation’s total gas production. Now 65 years since its first development in the country, BPTT has positioned itself as a key energy developer for the nation, championing the country’s natural gas production. Across its deep-water projects, BPTT is committed to ensuring that every development and new project works towards the future, supported by sustainability practices designed to improve people’s lives and care for the planet in the process.

Since 1960, BPTT has been a key part of Trinidad and Tobago’s energy story. From its very first wells to its gas development projects of today, the company has been committed to delivering vital hydrocarbon projects designed to enhance the country’s energy sector. Today, the majority of BPTT’s operations are largely located off the southeast coast of Trinidad, where the company has 12 offshore platforms, three subsea installations and two onshore processing facilities.

One of the most significant current projects carried out by BPTT is the Cypre Project, which is the third subsea development for the company in Trinidad and Tobago. The project encompasses 7 subsea wells and subsea trees, which are tied back into the company’s existing Juniper Platform’s infrastructure. The Juniper Platform is the 14th platform developed in Trinidad and was designed to develop the Corallita and Latana gas fields. However, the platform is now being utilised by BPTT to enhance its production at the current Cypre Project development by leveraging its existing infrastructure in the region. The Cypre Project is located 78km from the Trinidad coastline, and the Cypre gas field sits within the East Mayaro Block at depths of up to 80 metres.

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BP Trinidad and Tobago

In November 2025, BPTT announced that it had safely completed its seven-well drilling program for Cypre, following the delivery of the project’s first gas 7 months earlier in April. First gas was achieved following the drilling of the initial 4 wells in 2024, and by the third quarter of 2025, BPTT had completed the drilling and completions programs for the final three Phase 2 subsea wells. Now that all the wells have been completed, the project is expected to produce approximately 45,000 barrels of oil equivalent per day at its peak.

David Campbell, BPTT President, outlined in the press release announcing the delivery of Cypre’s wells that “Completion of these wells and the gas delivered mark a safe and successful delivery for bp and Trinidad and Tobago. This achievement underscores our commitment to maximising production from the Columbus Basin and reflects a significant investment and BPTT’s continued dedication to the country’s energy sector.” Campbell’s comments highlight the valuable role that Cypre will play in the future of Trinidad and Tobago’s energy sector, as a vital project delivered with expertise to enhance the country’s energy potential.

However, Campbell continues, “This is the latest achievement in a year of strong delivery from BPTT, including the bp-operated Frangipani gas discovery and working with our joint venture partner EOG, to deliver first gas from the Mento major project. We

look forward to continuing our collaboration with the Government and other stakeholders to unlock Trinidad and Tobago’s energy future”. Campbell’s comments here allow us to understand the vast scope of BPTT’s operations across the country’s energy sector. With so many vital energy projects, BPTT is bringing vital investment into the country’s hydrocarbon market, supported by key partnerships across the global energy sector. A key partnership in Trinidad and Tobago, as highlighted by Campbell, is the Mento Project, which safely delivered first gas in May 2025. The project is part of a 50/50 joint venture between BPTTT and EOG Resources Trinidad Ltd (EOG), with EOG as the operator. Mento, which features a 12-slot attended facility, is one of BPTT’s top major projects in the country and is expected to start up worldwide production between 2025 and 2027. Once it reaches maximum production, Mento is expected to significantly add to the existing oil production already seen across BPTT’s upstream energy portfolio.

One of the other key developments currently in progress under BPTT is the Ginger Project. The Ginger Project, once completed, will be BPTT’s fourth subsea development, spanning 4 subsea wells and subsea trees, which will tie back to the existing Mahogany B Platform, and then flow onto Juniper. In 2025, BPTT completed the first well of the project, with drilling expected to continue in 2026. Alongside this, BPTT are progressing the fabrication

operations required for 2026 offshore topside and subsea construction to begin. First gas is expected in 2027 and will add to BPTT’s top 10 projects that it is delivering between 2025 and 2027. Once completed, the Ginger Project is expected to have the capacity to produce an average gas production of 62 thousand barrels of oil equivalent per day.

With such vital hydrocarbon developments offshore Trinidad and Tobago, BPTT remains committed to ensuring that its energy development is achieved alongside vital sustainability projects. One of the most significant sustainability projects for Trinidad and Tobago is a large-scale solar project, in partnership with Shell plc. The partnership will see two sites, Brechin Castle and Orange Grove, developed to create the country’s first utility-scale solar project. The project is planned to produce over 300,000 megawatt-hours (MWh) of electricity per year, which will be enough to power just over 40,000 homes and, in the process, will cut carbon emissions. The solar plants are currently being constructed by consortium partners BP Alternative

Vital Subsea Development Projects

Energy Trinidad and Tobago (BPATT) and Shell Renewables Caribbean (Shell). Once operational, the sites will provide up to 112 Megawatts Alternating Current (MWac). With such a vital development, BPTT is focused on ensuring that throughout its operations, it remains focused on delivering vital projects that meet the carbon reduction goals of the future, whilst delivering sustainable energy options for today.

As Trinidad and Tobago’s largest hydrocarbon producer, BPTT is delivering vital subsea energy developments that are making gas resources more readily available across the country. As we have seen from the Cypre and Ginger Projects, BPTT is set on enhancing its existing infrastructure to bring more gas resources online and support the continued development of Trinidad and Tobago’s energy development. However, all of these operations are underpinned by a firm commitment to sustainability that ensures that its projects, operations and developments are moving the energy sector towards a carbon-reduced future.

TotalEnergies Suriname

TotalEnergies is a key global energy company committed to delivering vital energy resources to the market, thereby enhancing global energy development and supporting the economic growth of each country’s energy sector. In recent years, we’ve seen the expansion of TotalEnergies’ operations in Suriname, where the company is delivering exciting energy exploration and production projects that are bringing key investment into the country for the long-term development of Suriname’s energy sector. However, across all of TotalEnergies’ operations, and especially those in Suriname, the company remains committed to developing these energy resources with sustainability and local responsibility in mind.

TotalEnergies’ operations in Suriname began in late 2019, when it signed its first agreement in the country for a 50% operated stake in one of the region’s most prolific oil-producing regions, the Guyana-Suriname Basin. The agreement covered Block 58, which today is the site of the GranMorgu project, a major deep-water offshore oil project that is operated by TotalEnergies. The GranMorgu project spans the Sapakara South and Krabdagu oil fields and has been a site of significant development under TotalEnergies in recent years. The project has a confirmed combined recoverable resource of close to 750 million barrels across the two oil fields, offering a vital energy development for Suriname. Block 58 is jointly owned by TotalEnergies and APA Corporation in an equal 50% partnership. However, following the FID for the project in 2024, Staatsolie Maatschappij Suriname N.V. (Staatsolie), Suriname’s state-owned national oil company, were given the option to enter the agreement with a 20% ownership.

The GranMorgu project will deliver new wells at depths of between 100 and 100 metres across Block 58. Oil production will be achieved through this system of subsea wells, which will ultimately be

TotalEnergies Suriname

connected to an FPSO (Floating Production Storage and Offloading Unit) also located off the Suriname Coast. Once completed, the project is expected to have an oil production capacity of 200,000 barrels of oil per day (b/d), and it will contribute significantly to the development of oil resources across Suriname. Production is expected to begin from the project in 2028, where the FPSO is designed to support future connections of satellite fields across the block to extend the duration of its production plateau.

The GranMorgu development represents a vital investment in Suriname’s energy sector, not just for its expected production rates, but due to the investment it brings to the local community. The total GranMorgu project will see a total of $10.5 billion invested, and a significant portion of this will be made locally, which will contribute to the local employment and economic development of Suriname. A key reason for this is that local companies, including logistics providers as well as the maintenance of the installation, will see between $1-1.5 billion invested in local content, creating over 60,000 direct, indirect and induced jobs across Suriname. Thus, the local community has long played a key role in the development of the project, and so throughout its development, TotalEnergies has remained committed to working with local stakeholders across Paramaribo and the

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coastal districts to maintain a dialogue surrounding the development project. This dialogue ensures that its development continues to positively impact local communities whilst enhancing the country’s overall energy development.

Alongside the project’s key local community development, TotalEnergies also remains focused on delivering the project in line with its sustainability strategy to create more low-emission and low-cost oil and gas projects. The GranMorgu project is well in line with these goals, due to its focus on minimising greenhouse gas emissions, with the final project’s Scope 1 and 2 emissions intensity planned to be less than 16kg Carbon Dioxide equivalent per barrel of oil equivalent (CO2e/boe). This will be achieved through the all-electric FPSO for the project, which will have zero routine flaring and full reinjection of associated gas into its reservoirs. In addition, the project will be optimised for power usage with a Waste Heat Recovery unit and an optimised water-

The Future of Suriname’s Energy Sector

cooling system for enhanced efficiency, as well as the installation of a methane detection and monitoring system. Collectively, these measures aim to help TotalEnergies deliver the GranMorgu project to enhance the region’s energy potential, support local content, whilst also limiting its overall impact on the environment.

Speaking on the FID reached in 2024, Patrick Pouyanné, Chairman and CEO of TotalEnergies, outlines, “Building on TotalEnergies’ pioneering spirit, this landmark project marks the first offshore development in the country and capitalises on our extensive expertise in deep offshore innovation. Launched only a year after the end of appraisal, GranMorgu fits with our strategy to accelerate time-to-market and develop low-cost and lowemission oil projects.” Pouyanné’s comments here highlight just how valuable this project will be for the future of Suriname’s energy sector, thanks to its focus on enhancing the country’s offshore

TotalEnergies Suriname

energy potential, whilst implementing measures to limit its environmental impact and support local development.

However, TotalEnergies’ operations in Suriname do not end there, because in 2025 the company announced it had signed an agreement to acquire the 25% interest held by Moeve in Block 53. Block 53 is located directly east of Block 58, where the GrandMorgu development is taking place. Following the acquisition, Block 53 is now held in a joint venture between APA Corporation (45% and operator), Petronas (30%) and TotalEnergies (25%). Block 53 contains the Baja-1 discovery, where over 34 metres of oil were encountered in the Campanian formation. This discovery is a significant downdip extension of the same deposit system as the Krabdagu discovery in Block 58. For TotalEnergies, the proximity of Block 53’s development to its existing GranMorgu infrastructure in Block 58 will allow TotalEnergies to utilise its existing networks to enhance the development of Block 53.

According to Javier Rielo, Senior Vice President Americas, Exploration and Production at TotalEnergies, “This acquisition brings new resources to the development of our low-cost and low-emission Gran Morgu project.” Rielo continues, “It also proves how TotalEnergies will

leverage GranMorgu infrastructure to develop profitably additional resources and extend its production plateau, strengthening the position of the Company in the offshore of Suriname.” As we can see from Rielo’s comments, the acquisition of 25% of the Block 53 development will help enhance TotalEnergies’ total portfolio across Suriname’s energy sector to deliver vital energy development that can strengthen the company’s energy delivery for the future.

Suriname represents a vital hub for energy development in South America, and with TotalEnergies providing vital oil and gas resource development projects, the country’s energy sector looks set to continue to grow in the coming years. However, each project delivered by TotalEnergies in Suriname is underpinned by local and environmental considerations to ensure that Suriname can produce the energy it needs now, whilst supporting the future of the country’s energy sector. With continued investment and acquisitions into the sector, we look forward to seeing how TotalEnergies will continue to enhance its network across Suriname, whilst leveraging its existing infrastructure to enhance the energy potential of the country for the future.

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Noble Drilling Guyana

As a dynamic leader in offshore energy development, Noble Corporation Plc has long facilitated innovative offshore drilling operations as a contractor for the oil and gas industry. The company’s central mission is to deliver vital drilling activities that can power the world responsibly, aiming to be the leading global driller for offshore energy projects. Therefore, Noble Drilling has positioned itself as the first choice for employees, customers and investors alike to facilitate drilling projects across the world. To achieve this, Noble boasts one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. This fleet is recognised for high quality and performance, and that is why it is one of the largest offshore drilling contractors in the world today.

Noble has been operating globally for over a century, beginning in 1921 with a single rig. From this initial vessel, Noble has continued to expand its fleet and now delivers vital drilling operations across both established and emerging energy regions worldwide. The company’s international growth has been driven by its central values to deliver the highest quality service and performance across its drilling operations. Most of Noble’s activities are conducted through its subsidiaries and contract drilling services. Across these, the company has a fleet of 25 offshore drilling units, including 12 drillships and semisubmersibles, and 13 jack-ups. These vessels are focused on delivering oil in ultra-deepwater and highspecification jack-up drilling projects worldwide.

A key place of Noble’s current drilling expansion is in Guyana, where its subsidiary Noble Drilling (Guyana) Inc. operates to deliver key drilling vessels to support the country’s oil field development. In Guyana, key oil developments are primarily located in the Stabroek Block, which is home to an expansive offshore oil and gas reservoir. The block is operated by energy giant ExxonMobil, in partnership with Hess and CNNOC. One of the most notable developments in the Stabroek Block is the Liza-1 development. The initial Liza-1 discovery was announced in 2015 by ExxonMobil and was the first significant oil find offshore Guyana. In 2020, Noble announced a drilling services agreement with ExxonMobil. The agreement outlines that Noble would facilitate the drilling services for ExxonMobil across the Liza-1 development within the Stabroek Block of the GuyanaSuriname Basin.

The agreement outlines that Noble will deliver ultra-deepwater drillships, which are already in operation in Guyana for ExxonMobil, and utilise them for delivering new drilling for the project. The vessels include the Noble Bob Douglas, Noble Tom Madden, Noble Sam Croft and Noble Don Taylor, which are Gusto P-1000 design ultra-deepwater drillships that can operate at depths of up to 12,000ft. The rigs, which commenced operation in 2013 and 2014, are equipped with the necessary advanced drilling system and subsea control technology to facilitate the drilling of ExxonMobil’s oil project across Liza-1 for Guyana.

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Section

Quay length

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Deck load

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Dr. Jules Sedney

Terminal (A)

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119 reefer plugs

Facilities available and to be established

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Berthing spaces

Open and sheltered storage area

Medical first aid facility

Chemical storage area

Technical & mechanical support facility

Logistic support facility

+ 0,8 + 2ha

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Training centre – in partnership with Port Of Antwerp Bruges International

Subjected to requirements 47ha

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Services by Havenbeheer and 3rd parties

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Husbandry

Noble Drilling Guyana

Thus, the agreement signed between Noble and ExxonMobil is vital in helping to deliver valuable resources to Guyana’s energy sector. For this, Noble plays an important role as a leading drilling contractor, helping global energy giants such as ExxonMobil deliver vital drilling solutions for the future. The president, CEO and chairman of Noble in 2020 outlined that “The Guyana-Suriname basin stands as one of the world’s premier offshore exploration and development opportunities. Since establishing an operational presence offshore Guyana in March 2018 with the Noble Bob Douglas, we have continued to expand our footprint in the region”. The CEO’s comments highlight the pivotal and expansive role that Noble has continued to play across Guyana’s energy sector, as its drillships have long been used to deliver vital energy development projects for the benefit of the country’s energy delivery and economic growth.

Furthermore, Noble’s role across Guyana has only continued to expand, and in the months following its agreement with ExxonMobil, Noble announced it had extended its contract with

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ExxonMobil just 6 months after the announcement of the previous agreement. In October of 2020, Noble announced that its ultra-deepwater drillship, Noble Tom Madden, was awarded roughly 6.5 years of additional contract terms under the Commercial Enabling Agreement with ExxonMobil for work offshore Guyana. This agreement extends the existing agreement that was set to end in 2024 until 2030.

Upon the announcement of the contract extension, the CEO of Noble outlined that “We are extremely pleased to further our relationship with ExxonMobil and their partners offshore Guyana. This award demonstrates the capability of the Commercial Enabling Agreement to align the interests of Noble and ExxonMobil while continuing our participation in one of the world’s premier offshore exploration and development opportunities and supports additional investment by Noble in local content”. The CEO’s comments here exemplify how pivotal Noble remains in bringing such valuable resources to market, thanks to its modern fleet of drillships.

Enhancing Global Energy Development

However, Noble’s role alongside ExxonMobil doesn’t end there, as ExxonMobil is continuing its pursuit of more oil and gas resources with the support of Noble Drilling. Since it began operations in Guyana, ExxonMobil has made over 30 new discoveries, which equate to more than 11 billion barrels of oil equivalent (boe). Therefore, as ExxonMobil continues to expand its reach across Guyana’s Stabroek Block region, it looks set to hand more work out to the four drill ships currently in operation by Noble in Guyana. The Noble Tom Madden, Noble Sam Croft, Noble Don Taylor, and Noble Bob Douglas have secured an additional 4.8 rig years of backlog in Guyana, which has extended

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Noble Drilling Guyana

each rig’s contract. In particular, the Noble Bob Douglas rig is conducting vital activities with assistance from multi-purpose subsea vessels that are designed for well intervention, subsea construction and equipment installation, as well as inspection, repair and maintenance (IRM) and remotely operated vehicle (ROV) services.

One of the central focuses of Noble in Guyana is delivering its drilling operations with sustainability in mind. For the global company, Noble is focused

on reducing its carbon intensity by 20% by 2030. To achieve this target, the company is committed to trying and testing energy consumption methods, including monitoring, energy management, behaviour programs, and natural energy efficiency upgrades that help its vessels and operations remain as sustainable as possible. In fact, with more than 100 years of experience behind it, responsible drilling is a core value of the business. Today, the company has developed such initiatives as the Energy Efficiency Insights (EEI) program, which monitors the energy consumption across its rigs. Through EEI, and with the support of the sustainable behaviour programme, Noble could deliver a 6-10% reduction in fuel consumption and derived emissions. This aims to help the company move towards global net-zero targets and ensures that when customers choose Noble for its drilling operations, they know that they are supported by a company pushing towards sustainable targets.

As part of Noble’s sustainable development, the company has developed the world’s first green methanol drilling rig design. The conceptual design for the jack-up rig would be powered by green methanol in place of traditional diesel. By

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Enhancing Global Energy Development

making this switch, the rig could result in up to a 95% reduction of carbon dioxide emissions. This development could pave the way for an exciting next step in the company’s development to bring energy efficiency, safety and sustainability to the forefront of its drilling operations across the world.

Across Noble’s operations on both a global and local scale, there is a real focus on delivering drilling operations that help companies achieve their energy operations to bring vital oil and gas resources to market. Through Noble’s fleet of modern, versatile and technically advanced vessels, the company is the leading offshore drilling provider. With energy operations across the world utilising Noble’s drilling

solutions, the company plays a valuable role in supporting the energy sector and in turn helps bring economic development to countries across the world as they make the most of the energy resources offshore their countries. One of the most vital parts of Noble’s operations is its commitment to sustainability. By fostering sustainable practices from its design to its delivery, Noble can deliver vital energy development whilst working to protect the planet for future generations. We look forward to seeing how Noble’s fleet continues to service ExxonMobil’s developments in the Stabroek Block off Guyana’s coastline for many years to come.

Grand Bahama Shipyard Limited

Located just 93 nautical miles from the Florida coastline, Grand Bahama Shipyard Limited (GBSL) sits primed to deliver world-class ship repair services to vessels travelling across the major routes extending along the U.S. eastern seaboard and the Caribbean. From this pivotal location, Grand Bahama Shipyard is ready to provide a range of repair, refit, refurbish and revitalisation projects to deliver satisfaction for its customers and keep the vessels of the world safe, operational and ready to meet their transportation needs.

For over 25 years, GBSL has been delivering vital repair and refurbishment operations from Grand Bahama in the heart of the Caribbean. The mission of GBSL is to repair and revitalise all types of ships and marine assets safely and to the complete satisfaction of all its stakeholders, whilst protecting the environment. To achieve this, GBSL has a 35,000 sq. ft. workshop based in Freeport, where it provides its services. The shipyard has been developed with a deep-water pier designed to service deep draft vessels ranging up to 300m in length, as well as underwater propulsion systems supported by the pier’s 14m draft.

A few years before the shipyard was built, the Freeport Container Port was opened in Grand Bahama, which provided shipping services across the region. Thus, the need for a shipyard was essential to service these vessels and keep supply chains moving. Therefore, the Grand Bahama Shipyard was built in 1999 as part of a larger plan to develop the maritime operations of the island. Today, Freeport Container Port is capable of handling the largest container vessel in the world and serves as a major world container transhipment hub located between the Eastern Gulf Coast and the US. This provides the port with vital access to shipping lines travelling across the Gulf of Mexico, the Caribbean, and South America, as well as for trade lanes reaching Europe, the Mediterranean,

the Far East and Australia. Thus, with the Freeport Container Port being such a vital hub for shipping in the region, the need for a shipyard that can continue to provide repairs, refurbishment and revitalisation services is essential to help support the vessels traversing these waters. Therefore, GBSL is utilising its expertise in the ship repair world and its vital location to deliver world-class services with the central vision to be the shipyard of choice for customers along the U.S. Eastern seaboard and the Caribbean.

GBSL’s services span from dry docking and afloat repairs to project planning, fabrication and mechanical services. GBSL has floating dry docks, a pier and a wharf, all of which are certified and maintained to ABS certification regulations. Across its dry docks, GBSL has a 92% annual occupancy rate, serving 100 cruise and commercial vessels every year. These vessels are serviced by GBSL’s fabrication team, who are the most experienced zipod repair team in the world. This team are responsible for thruster repairs, which can be conducted in drydock and underwater, as well as delivering overhauls of engines, pumps and valves on site. Furthermore,

GBSL has a range of certified mechanics and pipe welders that are delivering vital mechanical and pipe work to vessels. In addition, GBSL also provide hull treatment, electric services, and tank clearing operations. These operations ensure that every aspect of vessel repair and redevelopment can be carried out by GBSL’s teams, and thus the shipyard is now a key hub for vessels seeking repair or refurbishment services along these routes. With the shipyard being located so close to the Freeport Container Port, GBSL also deliver materials handling and brokerage services due to its unique

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Lynx Marine Services

Lynx Marine Services is a young and ambitious organization that operates in The Bahamas and the Caribbean dedicated to providing efficient technical solutions to clients. We possess a team of captains, engineers and technicians with over 30 years of experience in the maritime industry. Lynx is a mechanical and marine engineering services and repair company that specializes in engineering project management, hydraulics repairs, diesel generator maintenance and vessel repair. We also offer condition monitoring services such as engine oil, gear oil and hydraulic oil analysis.

position on an island. This means that GBSL can deliver customs clearing and brokerage services for equipment and materials that are needed for work at the shipyard. However, all of its development work and its brokerage services wouldn’t be possible without the help of GBSL’s suppliers. GBSL believes that strong and resilient supplier relationships are essential to helping the shipyard meet the needs and expectations of its customers by focusing on procuring products and services globally from suppliers. These supplies share GBSL’s same commitment to quality, safety, innovation and customer satisfaction. Therefore, GBSL can work with its suppliers to create value by ensuring that materials are of the right quality, are delivered on time, and at the lowest total cost possible. Thus, GBSL can bring the best of the best across the ship repair and materials networks to deliver the shipyard as a hub for vessel works supported by the best practices in the industry.

In April, GBSL announced a significant development for the shipyard, as it reported the first of its new docks was nearing completion and is

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expected to be ready for delivery to Grand Bahama by November. The development of new docks for GBSL makes an important step in the development of the shipyard, especially in helping the shipyard to accommodate a broad range of vessel types, including existing and currently in development cruise ships. The first dock to be developed is ‘East End’, which is a 357m long, 76m wide dock, with the capability of lifting 93,500 tons, thanks to the 4 state-of-the-art modern cranes and control systems at the new dock disposal. Further development will see the second and larger dock of ‘Lucayan’, expected to arrive in 2026, whilst the work on the shipyard, including the extension of the pier, continues. The shipyard is expected to be ready to receive the East End dock in November.

In the announcement of the new dock’s completion, Dave Skentelbery, CEO of GBSL, said, “We are close to reassuming our position as a leading, world-class cruise ship repair facility. The investment by our shareholders will be a significant boost to the economy of Grand Bahama, providing both direct and indirect employment opportunities. We have engaged another 20 apprentices this year and are already in the process of recruiting crane operators to train for the new docks.” Skentelbery’s comments highlight just how valuable this development is for the shipyard and, in turn, the local economy of Grand Bahama. The shipyard will provide vital employment to support the local economy, whilst furthering the vital role GBSL will continue to play for shipping lines across the region.

The overall development is part of a wider $600 million transformation project, which includes the construction, delivery and commissioning of two world-class floating docks to Freeport. Once completed, the shipyard will have the largest lifting capacity in the world, primed to serve the entire range of cruise ships, as well as much of the world’s commercial shipping fleet, to help the shipyard continue to meet the current and growing demands from vessels arriving to the Caribbean. Thus, through the continued investment, GBSL is delivering vital infrastructural development to deliver its shipyard as a hub for repairs, refits, refurbishments and revitalisation projects at the heart of the Caribbean.

Across GBSL, there is a key focus on delivering the vital operations needed to keep the vessels of the world running smoothly, in order to support supply chains and ensure that economies around the world can thrive from the cargo and trade that comes with even the largest of vessels traversing international shipping lines. With the Caribbean being such a vital hub for ships, whether for cargo or for tourism, located along multiple key shipping lines travelling across the US Eastern Seaboard, and beyond, Grand Bahama serves as the perfect location for such a shipyard, ready to deliver the vital services needed to keep the industry running smoothly. With the continued development over the next year to deliver two world-class floating docks at Freeport, GBSL is primed to serve the global shipping industry as the yard of choice along major shipping routes.

Chevron Corporation Guyana

On a mission to provide affordable, reliable and ever-cleaner energy, Chevron Corporation (Chevron) is a leader in the global integrated energy market. Across its wide sphere of operations, Chevron delivers crude oil and natural gas, whilst manufacturing fuels, lubricants, petrochemicals and additives to support human progress. From this basis, Chevron has been carrying out vital energy projects across the world, with Guyana being one of the newest sites for the company’s development. Following key acquisitions, Chevron is now one of the largest acreage holders along the US Gulf Coast, delivering significant energy and economic development for Guyana in the process.

Chevron is focused on delivering energy infrastructure for the demands of today, whilst delivering reliable energy systems that can tackle the energy needs of tomorrow. To achieve this, Chevron focuses on sustainability and technology across its operations. Every project delivered by Chevron is designed to progress the energy sector, whilst reducing the greenhouse gas intensity of its operations through things such as energy efficiency, flaring reduction and methane management. Along with this, the company has made major progress towards the development of renewable fuels, especially for use in transportation. As part of this, Chevron produces bio-based diesels, renewable and compressed natural gas, renewable gasoline blend, sustainable aviation fuel and hydrogen. These help Chevron deliver a world where energy is accessible, but also build towards a lower-carbon energy future.

One of the central ways Chevron can deliver such a variety of renewable and energyefficient projects is thanks to the technology that underpins every operation carried out by the company. Through technology, Chevron can deliver the lower-carbon energy that the world needs, supported by scalable technological solutions. These solutions integrate artificial intelligence (AI) and advanced technology, which can be utilised to enhance the energy industry’s operations. One of the central ways AI can be used is for improving seismic imaging in deep-water breakthroughs, which can help Chevron to transform how it finds and produces oil and gas, backed by the data to support developments. These help to deliver a more resilient energy system for the future, where lower-carbon energy can be found, produced and delivered to market.

With oil and gas production making up a significant portion of its development, it’s no surprise that Chevron has major operations in some of the world’s most important oil and gas regions across the world. Many of which are producing significant crude oil and natural gas resources for the company. In Guyana specifically, Chevron has been making significant steps towards the development of oil and gas resources within the Stabroek Block. The block is known as one of the most prolific oil and gas-producing blocks on the globe. In fact,

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the block is estimated to hold 11 billion barrels of oil equivalent, making it one of the most significant oil discoveries made in recent decades. With the oil and gas reservoir located just off the coast of Guyana it has brought significant developments to the country, while helping to deliver it as home to one of the world’s fastest-growing economies.

The Stabroek Block was first discovered by ExxonMobil in 2015, who currently hold a 45% ownership, and is the operator of the block. The initial discovery was made in the Liza-1 Well, but in the last 10 years, development across the block has vastly expanded, with numerous subsequent discoveries having been made, highlighting the true potential of the region. Stabroek Block has remained under ExxonMobil’s operation, with Hess Corporation and CNNOC holding 30% and 25% ownership, respectively. Since its discovery, the Stabroek Block has transformed Guyana into a major oil-producing region, delivering significant direct and indirect jobs for those across the region to work or supply the development of the field.

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However, in July 2025, Chevron Corporation announced that it had completed the acquisition of Hess Corporation, which would see the two energy corporations join their world-class asset portfolios, people and capabilities. Thus, along with the acquisition of Hess Corporation, Chevron acquired the company’s 30% stake in the Stabroek Block, positioning Chevron in part ownership of the block alongside ExxonMobil and CNNOC. By combining two giants in the energy sector, Chevron now has one of the most differentiated energy portfolios in the industry, with operations spanning multiple critical energy markets around the world.

Following the acquisition, John Hess will now join Chevron’s Board of Directors, subject to the Board’s approval, to enhance the synergies between the two companies and offer his experience in the sector to Chevron. In the announcement of Chevron’s acquisition of Hess Corporation, Mike Wirth, Chevron’s Chairman and CEO, outlined that “the combination [of the two companies] enhances and extends our growth profile well into the next decade, which we believe will drive greater longterm value to shareholders.” Thus, following the acquisition, Chevron now has leading positions in energy markets around the world, delivering a high cash margin production profile with an expected

production volume of 4.31 million boe/d by 2030, which significantly enhances Chevron’s existing production as a standalone company.

The acquisition now positions Chevron as the largest acreage holder along the US Gulf Coast, with access to one of the world’s largest energy markets. However, even before the acquisition, Hess Corporation and Chevron had been partners in deepwater projects for many years, delivering vital energy resources to markets across the world. Thus, the two companies will now come together to deliver their vital oil and gas expertise to enhance Guyana as a new market for sustainable energy development for Chevron.

Ultimately, Chevron’s acquisition of Hess Corporation marks a significant milestone in the company’s entry into the Guyanese energy market. We can expect to see Chevron bring together its wealth of experience across its global portfolio, supported by the frameworks laid out by Hess Corporation, to deliver vital energy resources for Guyana. As Chevron now looks towards the future, with the wealth of expertise that Hess Corporation adds to its existing portfolio, we look forward to seeing how it will expand its role across the region to bring low-carbon energy to market, whilst delivering vital economic benefits for Guyana in the process.

With a portfolio of energy projects spanning across the world, Shell is today recognised for its expertise, knowledge, and proven deep-water technologies, which it utilises to unlock new resources to deliver safe and efficient energy for the globe. It is this deep knowledge of the world’s energy sector that began Shell’s deep-water development era in the Gulf of Mexico (also known as the Gulf of America) more than 40 years ago. Today, Shell is the leading deep-water oil and gas producer in the Gulf of Mexico, playing a critical role in delivering deep-water projects that are powering progress across the region.

Shell’s operations in the Gulf of Mexico began when a team of engineers, scientists and explorers came together to reimagine the future of the region’s offshore oil and gas production. The first platform developed was the Cognac Platform in 1978, which exemplified Shell’s expertise in the deep-water development field as it was the first company to produce resources at water depths of 1000 feet (ft). From the establishment of this platform, it was clear that Shell was to be a leading player in the Gulf of Mexico’s development.

Over the years, Shell has continued to invest in profitable and carbon-competitive oil and gas projects achieved through its exceptional technological milestones across the design, construction, and operation of world-class oil and gas producing assets operating at water depths. It is Shell’s innovative approach to deep-water development, often using standardised designs, which has allowed it to remain so competitive. By standardising its operations, Shell can reduce costs and provide quicker returns, and in turn, Shell’s production across the Gulf of Mexico now ranks among the lowest greenhouse gas (GHG)

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Powering Progress: How Proserv’s Innovative Controls Transform Energy Operations Across North America and the Gulf of Mexico

In a region defined by dynamic offshore and onshore energy activity, Proserv is charting a bold trajectory, driving operational excellence across North America and the Gulf of Mexico with cutting-edge controls technology. Whether safeguarding subsea wells or optimizing ageing infrastructure, Proserv’s solutions are built on decades of heritage, sharpened by a relentless focus on reliability, integrity, efficiency, and productivity.

At the heart of Proserv’s success lies its status as a trusted partner to industry giants like Shell. In the Shell Arran greenfield development, Proserv delivered a high-data-capacity subsea control system that supported real-time well monitoring. This sophisticated, cost-effective alternative to expensive fiber optics not only met Shell’s performance requirements, on time and within budget, reinforcing Proserv’s reputation for ingenuity and cost-efficient excellence.

But Proserv’s impact goes beyond individual projects. Through a powerful blend of hardware control systems, condition-based monitoring,

and advanced analytics, the company offers lifecycle-spanning solutions from initial deployment and performance optimization to legacy asset extension. This full-spectrum approach reflects Proserv’s deep engineering, manufacturing, and field service expertise and underscores its ability to integrate seamlessly into any existing infrastructure, at scale.

Central to this success is Proserv’s people: passionate, forward-thinking technologists with roots in decades of industry leadership. Their commitment to customer success, combined with a heritage of performance and service distinction, defines the Proserv promise: delivering lasting value, wherever energy operates.

For more information on Proserv and our technology solutions, contact Jason Mallory (Director, Americas; jason.mallory@proserv. com; +1 713 550 5397) or Kevin Gentry (Sales & Business Development Manager, Americas; kevin.gentry@proserv.com; +1 281 615 8102).

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intensity in the world for the production of oil. It is this focus on decarbonisation alongside its project delivery that has set Shell up to deliver vital energy resources across the Gulf region, supported by innovation, research, and development focused on delivering energy now and for the future.

As the largest operator in the Gulf of Mexico, Shell operates world-class oil and gas projects, including one of the world’s deepest offshore drilling and production facilities, the Perdido Platform. The platform operates at water depths up to 2,450 metres, highlighting Shell’s ability to deliver ultra-deep-water exploration at such depths. Perdido began production in 2010, and at its peak and can produce up to 125,000 barrels of oil equivalent per day (boepd). The platform is operated by Shell, who hold a 35% working interest, with joint venture partners of Chevron (37.5%) and BP (27.5%). The platform acts as a hub and enables the development of the Great White, Tobago, and Silvertip fields, extracting oil from 35 subsea wells.

However, in recent years, Shell has been developing new and innovative platforms, which are focused on decarbonising its deep-water operations. One of the most notable recent developments for this is the Vito Platform, located 150 miles from New Orleans. The Vito Platform has brought a new era for Shell’s offshore production across the Gulf, with the platform designed to be much smaller and more compact than a typical offshore platform. With Vito being roughly 70% of the size of the platforms we typically see for offshore oil and gas production, the platform provides Shell with a more environmentally friendly development for energy production as it requires less steel, cables, space and power to operate. Therefore, Vito greatly reduces the impact of the development and operation of the platform on the environment. To further enhance its sustainability, Vito is expected to see a reduction in its estimated electrical power load consumption across the platform, whilst also delivering more efficient waste heat recovery units. The platform will have optimised turbines to better fit the required load demand needed to operate the smaller Vito. Production began at Vito in February 2023 and now serves as a clear blueprint for Shell to deliver deep-

Innovative Deep-Water Development

water projects across the Gulf of Mexico to help improve its platform delivery and development to be both economically and environmentally enhanced.

Building on the success of Vito, Shell began work on the Whale Platform, the second of three planned oil and gas platforms, which will feature a similar compact size to the Vito Platform. In contrast to many platforms along the Gulf of Mexico, Whale is roughly only a 6th of the size of the tallest offshore platform in the world. The Whale platform has been designed as a close replica of Vito, but the platform is built to withstand 30-metre waves that often occur during hurricane season. The platform was installed in February 2024, located within the Whale oil and gas fields at a depth of 2,600 metres. The platform is operated by Shell Offshore Inc., a subsidiary of Shell Plc, who have a 60% interest in the platform, alongside Chevron (40%).

In January, Shell Offshore Inc. announced that production had commenced from the Whale Platform. The platform is estimated to have a peak production capacity of 100,000 boepd, with an estimated recoverable resource volume of 480 million barrels of oil (boe). Announcing the start of production from Whale was Zoë Yujnovich, Shell’s

Integrated Gas and Upstream Director, outlined that “Whale demonstrates our focus on driving more value with less emissions from our Upstream business as we deliver the energy people need today. Yujnovich continues, “It [Whale] will make a significant contribution to our commitment to bring projects online, with a total peak production of more than 500,00 barrels of oil equivalent per day from 2023 through 2025”. With a significant production capacity expected from Whale over the coming years, this highlights the leading role Shell is playing in developing energy developments across the Gulf of Mexico.

However, with the Whale Platform replicating 99% of the hull design and 80% of the topside from Vito, Whale enhances Shell’s deep-water development, where its oil production has among the lowest GHG intensity in the world. Whale features energyefficient gas turbines and compression systems, which operate with 30% lower GHG intensity over its lifecycle compared to Vito. This development exemplifies Shell’s continual movement towards decarbonising its deep-water operations and ensuring that with every new development, it is building upon this goal.

Across its platforms in the Gulf of Mexico, Shell is proactively managing the greenhouse gas intensity of its deep-water operation through innovative

project design, efficient operations, and strategic handling of late-life assets. In fact, Shell has achieved a 40% reduction in methane emissions in the Gulf of Mexico since 2016, and in 2023, Shell’s Gulf of Mexico emissions were 5% below its planned target, with intensity levels 9% below expectations. This continual movement towards decarbonisation is underpinned by Shell’s constant investment in research and development through collaboration with more than 25 universities and research centres. This research helps Shell to continually develop its project construction, development and delivery to ensure that each platform or energy development is working towards the global company’s long-term investment towards profitable and carbon competitive oil and gas projects across the Gulf of Mexico.

Across the Gulf of Mexico, Shell is playing a leading role in developing vital platforms that are enhancing the region’s vital oil and gas deposits to bring this energy to market. However, their primary focus throughout this is to deliver energy projects that optimise its research, development and expertise to deliver energy resources in a sustainable way. With compact and energy advanced platforms such as Vito and Whale, Shell is delivering vital energy with a low GHG emission intensity that helps deliver the energy needed today, whilst protecting the planet for the future.

FUELLING A GREEN FUTURE

Paria Fuel Trading Company Limited, is transforming the Caribbean’s energy landscape.

As a key supplier of refined petroleum products and a pioneer in sustainable energy, Paria is dedicated to balancing business success with environmental responsibility.

CORE OPERATIONS:

Trading 45,000 barrels of petroleum products daily, including motor gasoline, kerosene, gas oil, and fuel oil.

Extensive distribution network serving local, regional, and international markets. Also supplying HVO starting early 2025

ENVIRONMENTAL LEADERSHIP:

Committed to sustainability with initiatives like distributing 100,000 seedlings to schools and reducing carbon emissions through employee workshops.

Proud recipient of the International Sustainability and Carbon Certification (ISCC), aligning with European environmental standards and exploring low-carbon marine fuels.

INNOVATIVE METHANOL BUNKERING:

Paria recently achieved a historic milestone in Caribbean energy by launching methanol bunkering services, positioning Trinidad and Tobago as a regional low-carbon bunkering hub by 2026.

Looking Forward, Paria is not only powering today but investing in a sustainable future. With a focus on green energy solutions and community impact.

Paria is shaping a cleaner, more sustainable energy future for the Caribbean.

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Perenco Brazil

As part of the global Perenco Group, Perenco Brazil brings together the expertise and know-how developed across the global company and utilises this in developing new and exciting offshore developments for Brazil. A key area for oil exploration offshore Brazil is within the Campos Basin, where the first well was drilled as early as 1971. For over 50 years, the field has seen vast exploration, and now, through Perenco Brazil, the company has begun vital production from the Pargo Cluster within the basin, now producing up to 20,000 barrels of oil per day. In delivering such vital oil production for Brazil, Perenco can achieve its central mission to deliver solutions that unlock stranded reserves whilst extending the economic life of the fields it works across. With this mission in mind, Perenco Brazil’s exploration of the Pargo Cluster is vital and looks to deliver valuable oil resources for Brazil.

Perenco Group currently operates across 14 countries worldwide, and across these locations, the company produces a gross total of 500,000 barrels of oil per day (boepd). In recent years, the company’s development in Brazil has been a key focus, especially following its acquisition of key oil fields from Petrobras in October 2019. However, Perenco Brazil, the Brazilian subsidiary of Perenco Group, has been operating in the country for many years, with the company awarded 5 deep water exploration licences in 2008 following a 9th round of licensing. The exploration block awarded to Perenco is held in partnership between the company and OGX and is located within the Espirito Santo Basin.

Whilst its other licences have been vital for Brazil’s energy development, it is the company’s acquisition of the Pargo Cluster from Petrobras in 2019 that has shaped Perenco’s current developments across Brazil. The Pargo Cluster is held 100% by Perenco and comprises a group of oil fields in the Campos Basin offshore Brazil, including the Pargo, Carapeba and Vermelho fields. The assets upon acquisition were mature developments and would require a revitalisation project to enhance their production. To achieve this, the Pargo Cluster Development Plan was developed and formally approved in 2021. The aim was to revitalise the oil fields across the Pargo Cluster and increase the production from these fields whilst extending their operational life.

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Perenco Brazil

DOF Brasil

DOF Brasil celebrates 25 years of expertise and commitment, delivering integrated offshore services across the energy sector.

Over the years, DOF has expanded its local and global footprint, offering integrated marine and subsea services throughout the offshore lifecycle — all from a single company.

DOF supports key segments in the O&G and Renewables markets, including:

• Vessel Management & Operations

• IMR Projects (PIDF – Flexible Lines & Subsea Facilities Inspection Plan)

• ROV, AUV & Survey Services

• Flexible Pipelay Vessels & Service

• SURF & Decommissioning Projects

• SAT & Air Diving Vessel Operations & Service

• Mooring Operations

• Seismic Cables & OBN Installation

• Offshore Wind T&I and Cable Repairs

As we celebrate this milestone anniversary, we look forward to continuing and expanding our successful journey.

One of the central revitalising projects of the Pargo Cluster Development plan was the installation of a Floating Storage and Offloading (FSO) vessel, FSO Pargo. The FSO Pargo project saw the conversion development of a double-hulled vessel, with a 750,000 barrel capacity, that would receive oil from the Pargo platform. The vessel received its first oil from the Pargo Cluster at the end of 2023 and is now anchored by 9 moorings, which connect to a new integrated turret system. The oil is passed through the 2.8km pipeline to connect the FSO with the platform. Currently, the Pargo Cluster produces around 20,000 barrels per day, which is a stark contrast to the production level at 2,800 barrels per day when Perenco took it over in 2019. Today, the development of FSO Pargo forms part of Perenco’s $400 million investment into the Pargo Cluster and provides essential oil production for the country.

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Upon the announcement of the first oil delivered to FSO Pargo in December 2023, Yves Postec, General Manager of Perenco Brazil, outlines that “FSO Pargo first oil represents a major landmark for the consolidation of Perenco’s long term strategy for the Pargo Cluster. It will be able Perenco Brazil to structure a new scheme for marketing of Pargo oil, one that reinforces the company’s independent and bold values. This project perfectly illustrated the Group capacity to innovate and execute independently. Perenco is very proud of this important milestone”. As we can see from Postec’s comments, the development of the FSO and the overall development of the Pargo Cluster is a valuable field that is delivering significant results for Brazil. Therefore, with the development of FSO Pargo and the continued revitalisation of the Pargo Cluster, Perenco’s operations in Brazil add to the company’s broader strategy to maximise production and extend the life of the assets within the cluster for many years to come.

SULNORTE

Brazilian Oil Exploration

However, Perenco has only continued to build on its operation in Brazil, and in April 2024, it acquired the Cherne and Barge oil field concessions. The acquisition deal is between Perenco Brazil and Petroleo Brasileiro S.A. (Petrobras) and will see the Cherne and Barge fields and two fixed platforms taken over. The platforms, PCH-1 and PCH-2, are located about 30km from the Pargo Cluster at water

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Perenco Brazil

depths of 120-140 meters and had previously been hibernated by Petrobas in early 2020 and scheduled for decommissioning. Upon the completion of the transaction this year, Perenco is set to implement a vast redevelopment project for these fields and, in turn, restart production. The Cherne and Barge fields are expected to reach a target production rate of 10,000-15,000 barrels of oil per day, whilst Perenco looks to unlock more than 50 million stock tank barrels (mmstb) of reserves. Once in production, these are hoped to be linked with the FSO Pargo to continue enhancing the oil fields of the Campos Basin via a new export pipeline.

Armel Simondin, Chief Executive Officer at Perenco, outlined, “The acquisition is a new milestone for the Perenco Group in Brazil. Since the takeover of the Pargo assets in 2019 at a rate of 2,800 bopd, we have increased production to over 20,000 bopd and successfully installed our own FSO. Perenco is proud to deploy its know-how to extend the life of these mature fields and grow our footprint in Brazil”. What we can see from Simondin’s

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comments is that Brazil remains a vital development for the company, and through its constant focus on enhancing existing assets, Perenco can achieve its central mission to unlock and develop existing reserves to extend the economic life of fields by leveraging its solutions and expertise to add value to the industry’s existing mature field challenges.

Across Perenco Brazil’s operations, you can really sense the company’s appetite and capacity to develop the mature assets of the oil industry, in order to maximise production and deliver assets for a much longer life cycle. By investing in mature fields across Brazil, Perenco Brazil has delivered vast oil production for the region and, in turn, delivered the Pargo Cluster as a resource for the future of Brazil’s oil industry. With its vital Pargo Development Plan to the more recent acquisition of further fields across the Campos Basin, Perenco Brazil is aligning itself as a leading energy company on a mission to deliver a fair energy industry that brings together its expertise and innovative global spirit into solutions to enhance Brazil’s energy industry for the future.

Brazilian Oil

Photo Credit Perenco

Vale is an international mining company that focuses on producing iron ore, pellets, and nickel. The company works every day to take the natural resources available to us and develop them into prosperous resources; all whilst still working to promote environmental protection. This drive towards sustainable development underpins everything that Vale does, as it believes the safety of people and the planet must always take priority.

As one of the largest mining companies in the world, Vale has operations across roughly 30 countries all over the globe. The company began in 1942 under the name Companhia Vale do Rio Doce, where it first extracted ore in Itabira in Minas Gerais. Over the years, the name was shortened, and the company began to take on a larger role across the country’s mining industry by also providing logistical solutions via the country’s railroads, ports, and terminals. It even began operations within the energy industry to promote sustainable electrical production, and now is responsible for producing 54% of its own energy consumption.

The heart of Vale’s operations centre around iron ore. Iron pellets are vital to the construction and manufacturing industry, as they are used in the production of many products, and across multiple services we use every single day. For this reason, Value knows how valuable iron is for the development of society and human development, especially when these products are used to construct houses and medical facilities, as well as many of the technology product and household appliances that are fundamental to human life today. Brazil is home to a rich deposit of iron and

so Vale’s operations centre around the mining and production of these iron products, to deliver vital products for the development of society.

Vale has multiple mine sites across Brazil where it is based, which are involved in the mining, processing, and then logistical movement of the mined products to the steel industries in which it sells the iron. To understand Vale’s valuable role in the mining industry in Brazil, we first must look at the birthplace of the company in Minas Gerais. The state accounts for over 50% of Vale’s iron ore production, with 20 mines currently in operation. Mining in Minas Gerais takes advantage of Vale’s railroad connections between Vitória and Minas.

Vale has invested more the 1.3 billion dollars in the acquisition of trains and freight cars, which it primarily uses for transporting iron ore as well as other cargo. The logistics sector of Vale’s operations allows it to play a more well-rounded

Vale S.A.

Grupo Franzen

Grupo Franzen is a leading reference in Brazil when it comes to solutions for mobile and industrial equipment. Representing globally renowned brands such as AFEX, Fike, Lincoln/SKF, Flomax, Contraflex, FZ-Duo, and Fourthane, the company delivers reliable technologies for the mining, steel, agribusiness, forestry, and logistics sectors.

Franzen’s portfolio covers installation, maintenance, and inspection services, all guided by excellence and operational safety. The ISO 9001:2015 certification reinforces the commitment to internationally recognized quality standards.

With a team of over 300 professionals, the company continuously invests in training, both in field operations and in offices, ensuring specialized support and maximum reliability in every delivery. Franzen also standardizes reports to guarantee traceability and efficiency in all services. Through its own fast and intuitive app, technicians and clients have immediate access to maintenance information and records.

The mission is to provide industrial products and solutions that meet, or exceed, clients’ expectations in quality, delivery, and cost.

role in the mining industry and the distribution of its mined products to the ports and steel-making marketplace. Therefore, the mining operations at Minas Gerais highlight how the mining and logistical operations of Vale work so closely together to deliver the rich ore to end markets for the betterment of a future planet.

In Minas Gerais, Vale is working alongside the city of Itabira to use its efforts within the mining industry to positively impact the city and build a plan for a more sustainable city. The plan, devised in conjunction with the municipal administration, aims to develop the region with projects which concern the environment, education, and security – all of which are developed with innovation in mind. These projects include the Little Seed of Sport Project, Judo Classes and the Bright Minds Chess Project which is bringing key development to kids across the region all thanks to Vale’s commitment to putting people and the environment at the forefront of its operations.

Pará, the largest mining complex in Brazil, is owned by Vale and represents one of the largest private investments in the country in recent years. The S11D mine complex in Pará encompasses the mines, a processing plant, and rail and port logistic services, which have continued to drive the region’s

economic development for many years. The mines are responsible for mining iron, manganese, copper, and nickel across a vast array of mines which span the complex. However, much like in Minas Gerais, Vale also has a vast array of environmental projects in Pará which ensure that the rich biodiversity of the nearby Carajás National Forest is protected.

In Espírito Santo, mining extends back more than 50 years and highlights the vital role the state’s railway and port systems can play in the mining industry. In Espírito Santo, Vale developed a fully integrated strategy for mining logistics which continues to be used every day. Vale’s operations in Espírito Santo highlighted the company for its production of iron pellets, and now the production of pellets by Vale in the region is globally recognised.

Espírito Santo is also home to the largest environmental investment by Vale towards the development of the Tubarão Environmental Master Plan (PDA). PDA aims to control atmospheric emissions and covers 160 projects which are implementing new equipment, improving the environmental controls of its operations, and researching new technologies to reduce environmental impacts. The vast project

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which encapsulated Vale’s core values, has been successful in its efforts to make vital developments towards the future, whilst remaining clear in its aim to respect the planet, the local communities and the people who live and work across their sites of operation.

Other key mining sites for Vale include Maranhão and Rio de Janeiro. In Maranhão, Vale works with the state to support the logistical movement of ore production through the Carajás Railway to the Ponta da Madeira Maritime Terminal. The terminal plays a valuable role in distributing the ore to consumer markets across the globe, including in China which is currently one of the largest buyers of iron ore products. Then, in Rio de Janeiro, Vale operates the Porto Sul Complex in the Costa Verde

region. Vale’s headquarters are based in the capital, along with several terminals which are used for the loading of iron ore. The entire site can move more than 75 million tonnes of ore every year through the terminals and towards end markets.

Ultimately, Vale’s existence hinges on a passion for improving life and transforming the future for generations to come. To do this, Vale is carrying out mining operations which are essential to life whilst producing ores, pellets and various metals which help to make this possible. However, it is Vale’s commitment to education, environmental protection and innovative approach to the future that has allowed it to play such a valuable role in Brazil for many years thanks to its constant commitment to developing necessary mining operations whilst putting great investment back into the protection of landscapes to support the rich biodiversity of this part of the world.

Brazilian Mining for the Future

Photo Credit. Port of San Diego

Port of San Diego

As the 4th largest port in California, the Port of San Diego is a leading hub of maritime operations along the U.S. West Coast with a wealth of cargo and cruise operations under its portfolio, as well as shipbuilding and repair, and commercial and sportfishing operations across the maritime sector. We are thrilled to be catching up with the Port of San Diego once again, hearing from Michael LaFleur, Chief Operations Officer and Joel Valenzuela, Vice President, Maritime & Operations, in addition to Principal of Maritime Business Development, Greg Borossay, at the Port of San Diego. We are excited to bring you first-hand updates from across the Port’s expansive maritime portfolio, to hear how it has continued to develop its business lines over the last year, the Port’s plans for 2026, and how it remains committed to supporting a sustainable maritime sector.

The Port of San Diego benefits from a natural deep-water harbour and two cargo terminals, which provide easy access to regional freeways and an on-dock Class I rail service. This infrastructure has long made the Port ideal for cargo shipping, offering the space, expertise and flexibility to move cargo – particularly cargo that does not fit into standardised containers. As a result, the Port now plays a vital role in shipping specialised cargo, including breakbulk, roll-on/rolloff, dry bulk and refrigerated cargo.

With its growing cargo business supported by its infrastructure and location, the Port of San Diego is known as the speciality cargo gateway to the Pacific for the U.S., with a wealth of cargo travelling along regular trade routes across the globe.

The central cargo trade regions for the Port are Europe, Asia and Latin America. For Europe, the Port handles inbound cargo including automobiles, steel products, yachts, fertiliser, machinery and components for wind and energy development. The primary cargo inbound from Asia includes automobiles, machinery, project cargo, energy components, transformers and generators, steel products, ship engines, paper rolls and bauxite. Then, for Latin America, the Port’s import cargo includes bananas and other fresh fruit, perishables, seafood, and bulk sugar. The Port is also responsible for exporting beef, retail goods and other light manufacturing goods to Latin America.

Of note, the Port currently has breakbulk contracts with G2, US Ocean and Norden (formerly Thorco) as well as a weekly container service with Dole Fresh Fruit at the Port’s Tenth Avenue Marine Terminal. The Port also has relationships with Eastern car carriers, Eukor, Glovis and NYK together with Pasha Automotive at its National City Marine Terminal.

When we last spoke with the Port of San Diego, we learned about the increase in the Port’s cargo lifting capacity thanks to the introduction of electric cranes in 2024. Speaking once again to Greg Borossay, Principal of Maritime Business Development at the Port of San Diego, he outlined that in 2025, the cranes have continued to deliver significant cargo operations for the Port. Borossay shares that in the first year alone, the cranes have been invaluable in growing the Port’s cargo

Photo Credit. Port of San Diego

Vital Maritime Developments

business, including helping to offload specialised cargo, supporting rail to ship transfers and aiding in the movement of project cargo. Thus, Port of San Diego is now primed with the facilities and equipment to handle cargo that was previously only handled by ports along the Gulf Coast, highlighting it as a vital hub for trade for the U.S.

Reflecting on the expansive growth of the Port in recent years, we asked Greg Borossay about the Port’s goals towards expanding its trade links across the world over the coming years. Borossay outlines that, “The Port of San Diego is looking to increase our container business in the coming years across more international markets. Now that we can handle up to 400MT lifting capacity with our new electric mobile harbour cranes, we are working to recruit a monthly or twice-monthly container service to focus on Japan and Southeast Asia.”

The Port presently has sister port relationships with Ensenada Mexico, Nanjing China, and Sasebo Japan with an intent to expand these relationships to include Korea and Vietnam. With the expansion

of the Port’s relationships across more markets around the globe, the Port looks set to grow its container business, further solidifying the Port of San Diego as a hub primed for international cargo operations.

When we last spoke to the Port of San Diego, we also heard about how one of the Port’s goals for 2025 was to expand its cruise line operations. Therefore, we were excited to speak to Joel Valenzuela, Vice President, Maritime & Operations for the Port of San Diego, about the developments of the Port’s cruise line operations. Valenzuela outlines that the Port has seen an upward trajectory in its cruise calls, and in turn, the number of passengers travelling through San Diego. However, the upcoming season looks set to be even more pivotal for the Port, as Valenzuela highlights that, “Next season (20262027), we are expecting to reach 190 calls and 800,000 passengers. It will be our biggest year since the 2007-2008 season, and it’s thanks to the addition of Norwegian Cruise Line’s homeports starting this season, as well as next season’s new

Photo Credit. Port of San Diego

Port of San Diego

Royal Caribbean homeports plus Disney Cruise Line’s expanded service.” As the Port’s cruise services continue to expand over the coming season, Valenzuela highlights the great partnership the Port has with cruise lines and says that the Port “will be looking to continue growing with them as well as partners for needed development of our facilities to support future cruise growth.”

In Valenzuela’s comments on the expansion of the Port’s cruise services, he highlighted that Norwegian Cruise Line has added San Diego as a homeport for the first time. This addition will be vital for the Port of San Diego, with Norwegian Cruise Line expected to make 21 calls this season. In addition, Royal Caribbean will also utilise San Diego as a homeport for the 2026-2027 cruise season, expecting to make 45 calls during this period. This means that in total, the Port of San Diego is a homeport across four major cruise lines, with Norwegian Cruise Line and Royal Caribbean joining Holland America Line and Disney Cruise Line. Disney Cruise Line also recently announced that it would be expanding its service, which will see it bring two ships to San Diego during

the 2026-2027 cruise season, making an anticipated 60 calls and attracting an estimated 285,000 total passengers.

The expansion of the Port of San Diego’s cruise line business is significant because when operating as a homeport along cruise itineraries, the cruise industry brings approximately $2 million in regional economic impact, and $600,000 when a visitation port. This means that on average, San Diego’s cruise season generates anywhere between $125 and $250 million each season. In fact, according to the Port’s most recent economic impact report, in the fiscal year 2023 (FY 2023), the Port of San Diego’s cruise industry injected $184 million into San Diego County’s economy. This massive economic impact of the cruise industry highlights just how vital the expansion of the Port’s cruise line operations is for supporting the local economy in San Diego.

Across all of the Port of San Diego’s operations, sustainability remains a firm priority. A recent significant development in the Port’s sustainability initiatives is the active leadership role it has taken in its Blue Economy Incubator, as outlined

Photo Credit. Port of San Diego

by Michael LaFleur when we spoke. LaFleur, Chief Operations Officer at the Port of San Diego, outlines that, “As part of our commitment to promote the development of a sustainable ocean economy, we established the Blue Economy Incubator in 2016. It serves as a launch pad for Port-related sustainable aquaculture and blue technology ventures.” LaFleur continued, “Through the Blue Economy Incubator, the Port is building a portfolio of new businesses and partnerships that deliver multiple social, environmental, and economic cobenefits to the Port and the region. To date, the Port has provided $2.35 million in funding to support the launch of 11 innovative pilot projects.” As we can see from LaFleur’s comments, sustainable business development remains at the heart of the Port, with its development of projects across the aquaculture, coastal resilience and maritime decarbonisation sectors designed to help reduce the environmental impact of maritime operations across San Diego.

In 2021, the Port of San Diego adopted the Maritime Clean Air Strategy (MCAS), which was designed to improve environmental and public health through cleaner air for all who live and work around San Diego Bay. LaFleur highlighted that the Port has been implementing and making significant progress across 80% of the objectives that were outlined by MCAS, delivering a notable decrease in emissions related to maritime operations. LaFleur told us that, “In recent years, the Port and our partners have committed more than $227 million toward projects including electrical infrastructure, electric cargo handling equipment and technology deployments, berth rehabilitation, and at-berth emissions reduction equipment.” This vital investment towards sustainable development across the Port’s infrastructure highlights its future-focused outlook to deliver a cleaner and more sustainable maritime sector now and for the future.

A significant site of current development of the Port is at the National City Marine Terminal, where the Port is focused on berth repairs. LaFleur outlines that the Port is working with the Oregon Shipping Group, the Port of Bellingham, MARAD and Caltrans to open a new coastal shipping corridor: the West Corridor M-5 Coastal Connector. This will allow barge transportation for building materials,

Photo Credit. Port of San Diego

Port of San Diego

containers, and general cargo for both north and south routes. The goal of this is to provide supply chain resiliency and reduce truck trips by introducing a coastal connector. The development of the West Coast M-5 Coastal Connector is one of the major developments being carried out at the Port of San Diego as we enter 2026, in the hopes that it will provide flexibility and cost savings for domestic cargo customers and help to get more heavy-duty trucks off the road to reduce air emissions and traffic along the Interstate 5 corridor in the process.

In addition, the Tenth Avenue Marine Terminal is also being developed towards several zeroemission initiatives. These include the upgrading of the existing electrical system to support the

installation of additional shore power systems and more battery electric cargo handling equipment. The current plan is in its second phase of development, with on-terminal rail track replacement, realignment and local capacity improvements being carried out. The plan will also see seismic upgrades, concrete resurfacing, the potential for additional stormwater improvements, water and utility reconfiguration and upgrade, as well as a front gate, perimeter fence and an operations centre developed. LaFleur highlights that, “These improvements will maximise operation areas on the terminal, make cargo handling and movement more efficient, and support future charging technology for electric vehicles and equipment.” This development project is vital for the Port of San Diego as it supports its speciality

Photo Credit. Port of San Diego

Vital Maritime Developments

cargo advantage by providing laydown space and flexibility for project, roll-on/roll-off, and breakbulk cargo.

As the Port of San Diego looks toward the future, infrastructural development, strengthening of the Port’s cargo services and delivering additional trade routes across the globe are the central priorities of the Port. Greg Borossay outlines that the Port’s strength remains in speciality cargo, and so it will continue to prioritise and develop opportunities in the bulk and breakbulk sectors. Alongside the opening on the M-5 Coastal Connector, Borossay says the Port wants to, “further develop our bulk sector to make the Port of San Diego a premier clean bulk gateway for medium-sized export and import bulk like sugar, bauxite, sand and soda ash – something the other Southern California ports don’t have the space or operational capacity to accommodate.” Then, for global trade development, the Port hopes to continue outreach to European carriers regarding niche service potential to Asia and Europe, and extend its trade connection across the globe. With these vital developments

established to lead the Port into the coming year, the Port of San Diego continues to grow as an expansive, competitive and sustainability-focused port delivering significant economic developments for San Diego and beyond.

From all of our conversations with the Port of San Diego, development towards the future remains a key priority. With its cargo and trade business positioning the Port as a hub for cargo trade along the West Coast of the U.S., the Port is continuing to diversify its cargo operations and connect the port with more markets across the world. Alongside this, the Port is establishing a lucrative cruise line business through its partnerships with key cruise liner operators across the world. To facilitate all of this, the Port continues to expand its infrastructure, whilst remaining sustainable, and serving as a thriving hub of economic development for the San Diego region. We look forward to catching up with the Port of San Diego again soon to see how its cargo, trade and cruise line operations continue to grow over the coming years.

Photo Credit. Port of San Diego

Maritime safety has never been more vital; with millions of vessels navigating the globe daily, ensuring seamless and efficient communication among these vessels remains crucial for safety, operational efficiency, and fleet management. With so many vessels communicating worldwide, mermAId, an innovative AI electronic product, was created and designed to improve inter-vessel communication. We were excited to speak with Dean Mancini, CEO and Chairman of Mermaid AI, Inc., the company behind mermAId, to see how this advanced AI product has already been making waves globally by enhancing safety and communication in the maritime sector.

MermAId originated within the US Navy, where the technology was developed following a research and development project aimed at enabling unmanned ships to autonomously communicate with manned ships over VHF radio. This program, the US Navy Unmanned Surface Vessel (USV) program, led to the development of mermAId, a sophisticated AI technology that scans all marine VHF channels simultaneously and transcribes all messages into text displayed in real time. These messages can be translated from 54 languages into English using advanced AI technology, ensuring users understand what is being communicated over the airwaves and allowing actions to be programmed based on this information.

When I spoke to Dean Mancini, CEO and Chairman of Mermaid AI, Inc., I asked him what role mermAId played in everyday maritime operations. Mancini outlined that ‘mermAId provides enhanced situational awareness to all aspects of maritime operations.

The Future of Maritime Safety

In the commercial industry, fleet managers and dispatchers can remotely monitor all communications of their vessels from land via any computer or the mermAId app on their mobile phone. They can even be alerted on their phone if one of the vessels issues a distress call.” Mancini continued, “Port and vessel traffic services and emergency personnel can have a better understanding of what is happening in their harbour by aggregating the radio traffic across all channels and can program automated alerts customised to their area of interest. If there is ever an incident, a date/time stamped log of that radio traffic, both in audio and text formats, are available to authorities and insurance companies in a searchable database online”.

Mancini’s comments here highlight just how valuable mermAId is across so many aspects of ports and harbours to enhance awareness of vessel activity, and to allow for a quick response should an emergency occur. In the event of an emergency, mermAId is an essential tool because the technology can be used to automatically alert authorities of a dangerous situation. Giving an example, Mancini outlines that “in the event of a disabled vessel that is on a collision course with a bridge, mermAId can

be programmed to send a text message to port authorities and police to close the bridge”. This ability to proactively respond to emergencies ensures an extra layer of safety across the maritime landscape, supported by this innovative AI product.

With so much great technology behind it, mermAId today is being utilised by the US Navy to support harbour surveillance operations. The technology stands head and shoulders above its rivals as the first of its kind, as a vital patented technology, which has proven its success with an institution such as the US Navy. In addition to the US Navy, the Port of Baltimore has been one of the most recent ports to adopt mermAId to improve safety across its harbour by rapidly disseminating critical information. The adoption of mermAId came following the collapse of the Francis Scott Key Bridge in March 2024, when a container ship struck one of the bridge’s piers. In an effort to increase safety across the Port of Baltimore, it has adopted mermAId technology to allow it to help monitor vessels across the port and prevent such events

from occurring in the future. Since it adopted mermAId, the Port of Baltimore has benefitted from enhanced port management and visibility, whilst maintaining reliable communication with all vessels travelling through Baltimore’s waters.

The company behind mermAId is Mermaid AI, Inc., with the technology having been developed by TDI Innovations Inc., part of a family of operations. TDI Technologies, and its affiliate company, TDI Novus, Inc., have been leaders in the engineering, research and design sector for the Department of Defence for over 35 years, with a central part of its research and development being focused on AI. With the increase of AI across the maritime sector, mermAId benefits from TDI’s expertise in this field to deliver greater awareness, faster and automated actions, which support increased efficiency and improved safety, whilst reducing costs in the process.

VHF Traffic captured by mermAId in Baltimore, MD after the M/V W Sapphire explosion on 18th August 2025

The Future of Maritime Safety

As Mermaid AI, Inc., and its mermAId technology look towards the future, I asked Mancini what the goals of mermAId technology over the coming years were. Mancini outlined that the central goals of mermAId are to transform VHF communications into a more powerful, actionable, and automated tool to improve safety and awareness in the maritime community. As the company moves towards this goal, mermAId technology has continued to be piloted with several of the largest tug companies in the inland waterways sector to monitor their vessel operations and assist with dispatch operations. Mancini outlined that the company is “developing a version 2.0 of our software which will include a map view to show vessels which are associated with radio transmissions, as well as a new mobile app to allow for remote monitoring and notification anywhere in the world”.

With this development, Mancini hopes to see mermAID being utilised across ships and harbours worldwide. For Mancini, “There is a multitude of communication being used out there and the technology in mermAId will allow us to unlock and fully utilise all that information. I believe it will ultimately save lives and being a part of that is

hugely fulfilling to me on a personal level”. Mancini’s comments here highlight that mermAId is not just technology to enhance fleet communication, but in the long term, it is a vital tool that will improve safety and save lives in the future. With safety being such a crucial aspect of maritime operations, the development of AI-powered technology such as mermAId that can improve awareness, communication, and emergency alerting will help to shape the future of ports and harbours worldwide. We look forward to catching up with Dean Mancini again soon to see how more stakeholders in the maritime sector continue to adopt the company’s mermAId technology to improve communication and safety in their ports and harbours.

mermAId version 2.0 interface, expected for release in late 2025

Across the global shipping industry, A.P. Møller – Mærsk (Maersk) is likely to be a name you are very familiar with, especially for its integrated transport and logistics services across the world. The company, a global leader in logistics services, today operates across more than 130 countries worldwide, supported by approximately 100,000 employees across the globe. With such a vast array of experience behind the company, it is no surprise that companies across the world choose to move their products with Maersk, knowing each and every delivery is supported by their full sea and inland transportation service. Across these services, Maersk ensures that no matter the cargo or destination, the company is committed to getting its customers’ products where they need to be – and in a cost-effective and timely manner. For North America, Maersk brings its expertise together to deliver full inland services that ensure cargo can smoothly travel across the region and onto key trading markets through its transportation routes.

Across North America, Maersk is committed to delivering well-connected, agile and reliable logistical solutions supported by its global network. In North America, there is a wealth of commodities being shipped locally across the region, as well as overseas to partners in places such as Europe. For Canada specifically, mining and technological development are at the forefront of the country’s development, and so these resources are vital for exporting within and across the country. These materials can include things such as fuel, vehicles, and machinery, which play a valuable role in supporting the economy of Canada. The United States of America (USA) sees a similar array of products shipping to and from its shores, with vehicles, electrical machinery, and even petroleum and gas products making up its key shipped commodities. Across Mexico and the rest of North America, items such as manufactured goods, electronic components, fuels and other energy products lead its import and export operations. Therefore, with such a wealth of products being shipped both within and from North America, it’s no surprise that Maersk is relied upon heavily for its services spanning across the region.

Across North America, Maersk offers regulated shipping services across many major ports. For Canada specifically, Maersk offers regular shipping services across its ports spanning both the east and west coasts, including services to the Port of Montreal, Port of Prince Rupert, Port of Halifax, Port of Surrey and Port of Vancouver. In the USA, Maersk calls at ports along the entire coastline, including large-scale ports such as Port of Los Angeles, Port of New York, Port of Savannah and Port of Seattle – to name just a few. In Mexico, Maersk serves the likes of Port Altamira, Port Lazaro Cardenas, Port of Manzanillo, Port Progreso and Port Veracruz with shipping services. Across these ports, customers gain access to Maersk’s international ocean fleet, which ensures that all shipping operations from North America can reach global markets more easily.

One of the things that separates Maersk from its competitors is its international network, which is committed to delivering effective solutions that extend beyond the ports. Once cargoes reach end

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ports, both across North America for imports, or across the world as exports, Maersk provides fullinland services, which help to move the cargo from end ports to its end markets. It achieves this through its own transportation fleet supported by local transportation companies that help move cargo across roadways, railways and inland waterways.

Many of the countries operating under Maersk in North America are vital trade partners, with Canada, the USA and Mexico playing a vital role in each other’s import and export markets. Across these markets, Maersk delivers its expertise to streamline supply chains to help get cargo from manufacturers to end markets much quicker. Across all of these services, Maersk is committed to delivering a full inland service, which ensures that whether travelling by sea, road, railway or barge, its customers’ supply chains are continually supported by its fleet and global network of expertise.

When dealing with such a diverse array of cargoes across North America, Maersk is committed to delivering the perfect shipping solutions that meet the needs of each cargo. This can include break bulk or refrigerated items, all of which require specific shipping needs, and it is these cargospecific requirements that Maersk thrives on

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providing. A great example of this is across Maersk’s operations in Mexico, where it provides specialised refrigerated cargo services which ensure produce and temperature-controlled items arrive in perfect condition. This attention to detail helps Maersk support North American supply chains by providing a cost-effective and reliable service that meets the exact needs of each cargo. However, this seamless movement of cargo wouldn’t be possible without Maersk’s network of local suppliers to help provide complete and integrated supply chain logistical solutions that cover cargo from the start to the end of its journey.

In July, Maersk released its North American Market Update, which outlined that the shipping links between Europe and North America have remained strong, whilst shipping between the Indian Subcontinent, the Middle East and Africa to North America is beginning to enter peak season. The demand for shipping between North America and West Africa remains firm, with garment and coffee volume expected to rise between North America and East Africa. In terms of shipping between Asia-Pacific and North America, Maersk outlines that trans-Pacific import demand increased in June. To meet the demand, Maersk

Leading Shipping Solutions

have reinstated its vessel capacity that has previously been downsized. The larger capacity should help meet the growing demand. These market updates remain vital to helping Maersk stay ahead of the game in delivering the best shipping facilities possible, which meet and expand its offerings based on demand. This ability to stay on top of current and predicted cargo demands helps Maersk remain a leader in the industry, set on delivering its customers’ supply chains in the most effective way possible.

Across Maersk, there is a firm commitment to simplifying global logistics to help connect key markets and, through this, deliver an integrated world where shipping and logistics solutions like we have seen across North America can connect the whole way round. As the company looks towards the future, we look forward to seeing how it continues to enhance the shipping and logistics sector of North America, whilst working to continually build its network spanning all corners of the globe. With such a wealth of expertise behind it, it’s no surprise that Maersk is a leading shipping and logistics provider for North America and its customers’ supply chains.

CMA CGM Brazil

CMA CGM are a shipping and logistics company that needs little introduction. With operations spanning more than 420 ports across the world, the company is known for its seamless delivery of efficient logistics solutions that take its cargo from customer to end markets across the world via sea, land and air logistics routes. Thus, CMA CGM is committed to ensuring that its customers’ goods reach their end markets, supported by the company’s comprehensive and innovative shipping solutions. A key area for the company’s current development is in Brazil, where CMA CGM are working to enhance the logistics sector of the country, and position the country as a hub for shipping solutions at the heart of Latin America.

CMA CGM has spent almost 5 decades developing its deep understanding and expertise of the global shipping and logistics industry to deliver a range of shipping solutions, perfectly suited to the needs of each customer’s cargo. CMA CGM began as a company that focused on providing a long-term strategic vision for the shipping industry, driven by expertise and passion. Today, with these same values, CMA CGM continues to grow and is now a leader in global shipping solutions. The Group is now present in 160 countries across its global network, with more than 400 offices and 750 warehouses worldwide. Therefore, CMA CGM offers one of the largest shipping networks in the world, with routes spanning the globe serviced by its environmentally friendly, high-performance ships. CMA CGM provide value-added solutions to protect, track and optimise the shipping of goods. Now, with more than 40 years of experience in deep-sea shipping as well a short-haul shipping lines, CMA CGM has services suited to every customer. It provides solutions ranging from fleet, port infrastructure or services through one of its specialist subsidiaries. Consequently, the company serves 420 trading ports across the globe. In terms of cargo shipping, CMA CGM is well equipped to

transport a range of materials, from liquid and perishable cargo to heavy goods such as yachts and industrial machinery. With such diverse cargo shipping offerings, CMA CGM can meet the needs of its clients and offer tailor-made solutions and services which are perfectly suited to the cargo and its transportation needs.

One of the most innovative solutions offered by CMA CGM is its dedicated door-to-door services, CMA-CGM Intermodal. This service combines the necessary train, barge, and truck services with its existing shipping vessel fleets to deliver its customers’ cargo directly from them, along its entire transportation route, until it reaches its destination. This is available all over the world and draws on the full strength of its land-based infrastructure to offer the best intermodal freight transport services to its customers. By utilising CMA CGM’s global networks, it can ensure the secure and reliable delivery of its customers’ cargo and ensure that it can be transported to anywhere in the world, including to and from landlocked countries. This makes CMA CGM’s services super competitive as it can cut down on the need for multiple different

Connecting Brazilian Ports to the World

shipping bodies and instead utilises CMA CGM’s network to make supply chains more seamless, and in the process more cost-effective.

These are some of the key services that are being developed across Brazil, where CMA CGM calls at 11 ports along the country’s coastline. CMA CGM has been calling at Brazilian ports since the 1980s, and in 2003, it launched its own maritime agency, CMA CGM do Brasil. With the introduction of this agency, CMA CGM has continued to expand its reach across Brazil, providing an increasing number of shipping

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and logistics services. However, the company’s role in Brazil does not just end at the port; instead, the company offers intermodal connections across barge, rail, cabotage ship and trucks. All of these aspects make up the vast logistics chains that CMA CGM has become known for serving across vital shipping networks both on sea and land. CMA CGM’s particular specialities in Brazil focus on the delivery of project cargo operations, with the company being a leader in refrigerated cargoes, especially across the Northeast of the country.

One of the most significant ports served by CMA CGM, is the Port of Rio de Janeiro, where PortosRio is the port authority. The Port, located on the west shore of Guanabara Bay, is the third-busiest port in Brazil, specialising in general containerised cargo, electronics, rubber, petrochemicals, vehicle parts, coffee, steel products, press paper rolls, and solid bulk. These materials are vital for the Brazilian economy and are delivered in and out of the port via the 6.7 km-long pier and the port’s 31 berths. With such vital materials moving through the Port of Rio de Janeiro, the shipping and logistics operations

Connecting Brazilian Ports to the World

CMA CGM Brazil

at the port are vital in supporting the economy of Brazil. For this reason, CMA CGM provides services across the Port of Rio de Janeiro to help deliver materials across local and international markets.

However, as the largest port in Latin America, the Port of Santos is vital to enhancing the CMA CGM’s global port network in Brazil. The port connects to more than 600 ports in 200 countries worldwide. The port is vital to Brazil’s foreign trade, with roughly 29% of the country’s trade flow passing through the port. In 2023 alone, the port moved more than 173 million tons of cargo and 5 million TEUs, with its primary hinterland comprising 5 states that account for 50% of Brazil’s GDP. The port is overseen by the Santos Port Authority, which is focused on delivering operational efficiency, sustainability, agility, integrity, and competitiveness through its management of port operations. By continuing to promote the port in this way, the Santos Port Authority has harnessed the port’s infrastructure to now be one of the best and largest ports in Latin America. With this reputation, it is no surprise

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Connecting Brazilian Ports to the World

that major shipping companies such as CMA CGM continue to arrive at the port to help it carry out its global shipping operations.

In April, CMA CGM announced that following the closing of its acquisition of approximately 47.9% of Santos Brasil Participações S/A (Santos Brasil) from funds managed by Opportunity, the Group will hold a 51% stake in Santos Brasil. These shares would be combined with a 3.1% stake from a subsidiary of CMA CGM, which it had previously purchased in September 2024. The acquisitions, following regulatory approvals from the relevant Brazilian authorities, will see the group take over as the controlling interest shareholder of Santos Brasil. This is a vital development for CMA CGM in Brazil, because Santos Brasil operates one of the largest container terminals in the Port of Santos. Thus, by now holding a majority interest in the terminal, CMA

CGM now has significant control over a key asset that will continue to enhance its own operations across Brazil to deliver seamless logistics and supply chain capabilities for the region.

In Brazil, the shipping and logistics industry is vast, with numerous ports playing a valuable role in supporting the economy and keeping global supply chains running seamlessly. With one of the largest ports in Latin America, as well as many vital ports serving both import and export markets, the country continues to enhance its shipping offerings to meet the growing global demand for cargo. For CMA CGM specifically, Brazil offers a vital gateway into the heart of Latin America, and through its various port operations spanning the country, the global shipping giant can continue to expand its logistics network and deliver even more seamless shipping solutions across every corner of the globe.

Port of Milwaukee

From its home on the western shore of Lake Michigan, the Port of Milwaukee is a vital hub for shipping operations connecting Wisconsin with important markets across the US and along international shipping routes. The port’s central mission is to enhance the economic and social well-being of the city through trade, business, and employment supported by its port activities, which position the state as a leading centre for domestic and international transportation and freight distribution services. Handling approximately 2.3 million metric tons of cargo annually, it has continued to strengthen its reputation as a key player in the state’s trade, helping to maintain Milwaukee as a watercentric city, where businesses and communities thrive thanks to the port’s maritime operations.

The Port of Milwaukee, overseen by a sevenmember board of Harbour Commissioners, aims to foster shipping and economic development in Wisconsin and neighbouring states through its top-tier domestic and international transportation and freight services. The Port can accommodate vessels up to a maximum draft of 8.08 metres under normal water conditions and up to 304.8 metres in length. Additionally, the port features two dedicated barge berths with drafts exceeding 5.5 metres. These facilities ensure the port can efficiently manage cargo from both local and international clients.

Vessels arriving at the Port of Milwaukee gain access to a range of services to offload and unload cargo across 330,000 square feet (sq. ft) of covered warehouse space. This is specifically designed for bulk, steel and general cargo, but there is also 30,000 sq. ft of climate-controlled space should a customer’s cargo require it. This space is utilised by customers spanning a multitude of industries, with common good transported including steel, wind turbine components, brewery tanks, mining equipment, yachts, forest products, transformers, farm equipment, construction machinery, manufacturing equipment, bagged materials and other project cargoes. With such a vast array of products moving through the port, we can

begin to understand just how vital the Port of Milwaukee is in supporting these industries, and in turn, the local and national economy.

One of the main reasons the port can support such a variety of cargoes is due to the commercial operational flexibility of the port, which is unique to the Western Great Lakes and the St. Lawrence Seaway inland waterway system. This is largely aided by the Port’s location, which allows it to serve primary markets across the State of Wisconsin, as well as northern and western Illinois, and eastern Minnesota via both road and rail services. The Port benefits from its proximity to railroad links, which provide the port with the valuable infrastructure to get cargo moving from the port and across the country seamlessly. The Port of Milwaukee is served by two Class I railroads: the Union Pacific (UP) Railway and the Canadian Pacific Kansas City (CPKC) Railway. These provide an essential link to other states, and so vessels stopping in Milwaukee can use the port to distribute their products throughout the region and onto the national marketplace. This reliance on the railroad infrastructure has been further

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Port of Milwaukee

M.E. Dey & Co.

For over a century, the partnership between M.E. Dey & Co. and the Port of Milwaukee has played a significant role in shaping local trade in the community. Our founder, Mae Elizabeth Dey, established an office as a Customhouse Broker in 1907 by request of the district Director of Customs to provide brokerage services at the port. As Wisconsin commerce grew, so did we. Today, M.E. Dey is a fullservice international logistics provider offering global transportation, customs brokerage, compliance, and consulting services. We support importers and exporters across a wide range of industries with tailored, strategic solutions. Our longstanding relationship with the Port of Milwaukee remains vital as both the port and M.E. Dey continue to expand—ensuring Wisconsin businesses stay competitive in an increasingly complex world.

developed by the Port of Milwaukee as it also owns and maintains 14 miles of its own rail track, which connects up with the UP and CPKC railways.

In addition to the railroads, the Port of Milwaukee is also directly served by the Federal Interstate Highway System with the I-94/794, which allows trucks to drive directly into the port. This ease of access to the port for the land freight forwarders and trucking companies allows for a quicker turnaround on shipment pick-ups and therefore a speedy delivery to customers. Consequently, through almost 350 miles of highway connection, the Port of Milwaukee provides direct access from its ports to crucial trade hubs such as Chicago, Minneapolis, St. Paul, Peoria, Des Moines, Moline, Indianapolis, Madison and Green Bay.

Ultimately, what continues to make the Port of Milwaukee so successful on a wide scale is its network of transportation professionals across the region. This includes everyone from vessel and barge owners to rail operators, freight forwarders, customs brokers, and other beneficial owners of cargo. Collectively, this network helps deliver the

A Hub for Cargo Distribution

integrated transportation network across the state to help the Port continually meet its logistics and shipping needs. With such a vast network, it’s no surprise that the Port’s operations have reaped significant economic benefits both to people and the local economy, with more than 1,300 jobs created through the port, and $155.7 million generated in economic activity, with $100.3 million in income generation. Thus, in its commitment to stimulating trade on both a local and international scale, the port continues to be largely successful in delivering vital benefits for all those involved.

Aside from cargo and the State’s import and export activities, the Port is also home to a thriving tourism sector, which sees thousands of global passengers descend on the port annually. For the Port of Milwaukee, it aims to be a premier destination for tourists seeking a diverse and vibrant travel experience. Cruise tourism is vital for bringing significant economic benefits to the local economy, and the cruise business of the Port of Milwaukee is no exception. Every year, multiple different cruise companies arrive at the Port on travel itineraries that include Milwaukee. The typical cruise season spans from late April until mid-October, and so the 2025 cruise season for the Port of Milwaukee is well underway. The inaugural cruise ship to call at the City of Milwaukee for the 2025 season was Viking Octantis, marking it as the fourth consecutive year this vessel has opened the cruise season for the port.

Over the upcoming season, the Port of Milwaukee expects around 22 cruise vessels to arrive at the port, spanning 44 itineraries. These calls are estimated to bring around 11,000 global passengers to Milwaukee, providing a significant benefit to the local economy. Other vessels arriving at the Port this season will include Viking Polaris, Pearl Mist, and, after a 7-year hiatus, the port will see a return from cruise vessels from Victory Cruise Lines. What we can see across the Port of Milwaukee’s cruise services is that the tourism sector is vital for the local economy, and with the repeated arrival of giant cruise liner companies such as Viking and Pearl Seas to the shores of Milwaukee, it is an industry that will continue to expand. Thus, with the vital infrastructure and services in place, the port is primed with the expertise to service these vessels, bringing benefits to both its visitors, local economy and the port, thanks to its growing reputation as a leading cruise port of call.

From cargo movement to cruise itineraries, the Port of Milwaukee is primed to be a leading hub for maritime activities located at the heart of the Midwest of the US. As the Port moves towards the future, it will continue to expand on its port offerings to enhance its delivery of maritime services and help it to keep cargo moving, supported by its integrated infrastructure to boost local and international trade for many years to come.

Port of Savannah

Believing that flexibility is essential for meeting the increasing demands of the global shipping industry, the Port of Savannah aims to facilitate flexible and faster-to-market services worldwide from its strategic location along the State of Georgia’s coastline. This prime positioning allows the port to offer weekly container services across global markets, strengthening its role as a major seaport on the East Coast of the United States (US). Managed by the Georgia Port Authority (GPA), the port has continuously expanded its capacity and now hosts the largest and fastestgrowing container terminal in North America.

The Port of Savannah delivers vital cargo and maritime services to shipping lines traversing the Gulf Coast, supported by the Port’s integrated interstate and railroad access that extends across the state of Georgia. For many US consumers and manufacturers, Georgia’s integrated interstate and railroad systems are vital to delivering goods and products across the country on time. Therefore, with the Port of Savannah located at the cross-section between these two vital transportation links, it is primed to support the efficient and seamless delivery of such goods to markets across the US and beyond. Therefore, with the continued support of both rail and interstate transportation links, the Port can continue to expand its shipping footprint to position it as a key port ready to deliver diversified cargo solutions to both US and global markets.

One of the central offerings at the Port of Savannah is the Garden City Terminal (GCT), which is the single

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largest and fastest growing container terminal in North America. GCT spans a 1,345-operator terminal set on providing quick and easy connections to global markets whilst facilitating seamless supply chains on both a local and international level. The facility encompasses 36 high-speed container cranes and 158 rubber-tired gantry cranes, which are served by Interstate 16 (I-16) travelling from east to west, and Interstate 95 (I-95) travelling from north to south. The interstate routes allow the port to play a pivotal role in delivering cargo along major transport routes travelling across the country. This is valuable as it means many manufacturing hubs in the Southeast and Midwest can be reached via the port in just a couple of days’ drive, and so the port’s interconnected nature with the country’s transport network makes it a clear choice for moving cargo from international markets and across the country. However, the connected nature of GCT does not end there, and in fact, the terminal is also served by a Class I railway service via CSX Transportation and Norfolk Southern Railroad. These rail network links provide a 2–5-day double-stack rail service that is

The Fastest-Growing Container Port in North America

available to inland destinations across the country, including Atlanta, Charlotte, Chicago, Dallas, Memphis and beyond to service growing markets across the US. CSX Transportation specifically serves the Chatham Intermodal Container Transfer Facility (ICTF), whilst Norfolk Southern Railroad calls at the James D. Masion ICTF. These facilities are owned and operated by the GPA, which is vital in overseeing the entire operation of the Port of Savannah from cargo arriving at the port to shipping it across the country via these vital road and railway routes.

Alongside GCT is the Garden City Terminal West (GCTW), which adds 100 acres of capacity to the Port of Savannah, providing space to store 20,000 containers at the terminal. The storage solutions are offered to importers who are looking for longterm storage solutions. GCTW is serviced by 15 new electric rubber-tire gantry cranes, which add over 1 million twenty-foot equivalent (TEUs) container units to the port’s existing capacity. The terminal provides a state-of-the-art gate which provides easy access for truck drivers to maximise efficiency

Port of Savannah

and convenience across the shipping of the port’s facilities.

GCTW is located adjacent to the docks at the Port of Savannah and the Mason Mega Rail Terminal. The Mason Mega Rail Terminal has been a longterm infrastructural investment in GCTW by GPA to help move cargo to key markets much faster. The rail link provides shipping to these markets in less than 3 days and thus supports the Port of Savannah as the largest intermodal facility in North America, servicing 42 trains a week with an annual capacity of 2 million TEUs. In 2024, the Mason Mega Rail Terminal achieved record volumes, moving 540,850 containers via its rail network, a figure that was up 5.7% from the previous year. Thus, through the fluidity and enhanced network provided by the Garden City Terminals and the Mason Mega Rail Terminal, the port’s infrastructure continues to provide the necessary shipping and logistical solutions to deliver the port’s facilities as a vital hub along the east coast of America.

In addition to the Garden City Terminal, there is the Ocean Terminal, which is one of the central developments for the port over the coming years. The current Ocean Terminal spans 5 berths, which are met with full transportation access across both interstate and railroads. The Terminal is located

just 2 miles from Interstate 516 and 10 miles from Interstate 95. Via these roads, cargo trucks can move the cargo from the Ocean Terminal and deliver it across the country efficiently. In addition to road access, the terminal also has integrated rail access via a Class I rail service on the terminal via the Norfolk Southern Railroad. This provides onterminal service and line-haul service thanks to Norfolk Southern Railroad and CSX Transportation, with on-dock rail access served directly to Berths 1, 2, 12 and 13.

However, as the Ocean Terminal looks towards the future, GPA are currently working on an improvement plan for the terminal. The plans outline the renovation of the berths and the container yard, which will allow the terminal to serve two large container ships simultaneously. The start of renovation work will commence in spring 2025, with the construction of a 1,325-foot berth. This berth will be followed by a second, which is planned for completion in June 2026 and will span 2,650 feet. By enhancing its berth capacity, the Terminal will be able to offer an annual capacity of 2 million TEUs.

In January, the Port of Savannah received four new electric ship-to-shore cranes, which were added to the fleet operating across the Ocean Terminal. With the addition of the new crane, the Terminal now

The Fastest-Growing Container Port in North America

operates 8 Super Post Panamax cranes, designed by Konecranes. These will be vital in helping the port in its development to service two vessels at the Terminals’ berths at once. The Terminal will remain open and operating during the renovation works. In the press release announcing the Ocean Terminal renovation plans, Ed McCarthy, Chief Operating Officer at GPA, outlined that “The completion of this project upgrade in 2028 will enable Ocean Terminal to accommodate the largest vessels serving the U.S. East Coast”. McCarthy continues, ‘Our goal is to ensure customers have the future berth capacity of their larger vessels’ first port of calls with the fastest U.S. inland connectivity to compete in world markets”. McCarthy’s comments highlight the growing role that Ocean Terminal, and in turn the Port of Savannah, will continue to play in delivering the port as a key hub for vessels traversing the East Coast of the US to help facilitate access to the nation’s markets.

Thus, in a further development of Ocean Terminal to enhance its interconnectivity, the GPA board have approved the development of a $29 million exit ramp from the terminal, which will enable direct access to local highway transit to Atlanta. Currently, the ramp is 70% complete and will help support the port’s continued interconnected

nature both within Georgia and across the US. We can see that the developments across the Port of Savannah have been largely successful, as in June, the port announced that it had achieved its third consecutive month handling over half a million TEUs. The announcement came as the port concluded May, having handled 500,900 TEUs of containers, which is a 2.2% capacity increase from the same period last year.

With vital expansion and investment from GPA, the Port of Savannah has continued to enhance its infrastructure and, in turn, see a vast increase in the port’s capacity. As the port continues to grow, supported by the rail and interstate networks across Georgia, and beyond across the nation, customers can choose to utilise the Port of Savannah as a key step in their supply chains, knowing all cargo will be moved reliably, securely and quickly thanks to its faster-to-market service record. Therefore, it is no surprise that the port is now the single largest container terminal in America. With investment and expansion planned over the coming years under the ownership and operation of GPA, we look forward to seeing how the port continues to enhance its offerings to see an increasing cargo capacity with each passing month.

Port of Lake Charles

Located in Louisiana, The Port of Lake Charles is a deepwater seaport along the Calcasieu Ship Channel which runs north of the US Gulf Coast. Encompassing roughly 203 square miles of prime channel-side real estate, the port is now the 12th busiest across the nation and annually handles over 56 million tons of breakbulk and bulk cargo travelling along the channel. Therefore, the Port of Lake Charles continues to play a pivotal role in developing the economic landscape of Louisiana through vital cargo shipment and handling facilities.

The Port of Lake Charles is responsible for managing the Calcasieu Ship Channel which runs inland 36 miles and extends out into the Gulf of Mexico a further 32 miles. This Ship Channel drives almost $40 billion of the US Gross Domestic Product (GDP) as it facilitates the shipment of cargo and materials across the Gulf Coast of America. Therefore, the Port of Lake Charles provides essential cargo and landlord services and today is regarded as the 14th busiest port district in the nation as ranked by the US Army Corps of Engineers based on tonnage.

The Port opened in 1926 following its authorization by Act 67 of the Louisiana Legislature just a few years earlier. The official title of the port upon opening is The Lake Charles Harbour and Terminal District, a title the port has kept to this day. However, since its origins the role of the port has continued to expand and now is annually responsible for helping the shipment of vital cargo such as forest material, aluminium ingots, grain, rice, petroleum and petroleum products, frac sand, and heavy lift project cargos. All of these cargos are handled by the port and delivered to the vital land logistical infrastructure across Louisiana.

The Port of Lake Charles is governed by a 7-member board of commissioners who are responsible for overseeing the 2 marine terminals and the 500 acres of property which make up the Lake Charles Harbour and Terminal District. Therefore, serving as the landlord to companies across the port property as well as various other leasable sites near the Calcasieu Ship Channel, the Port of Lake Charles plays an expansive and committed role in ensuring the development of the Louisiana region via the port’s services and land.

A key part of the Port of Lake Charles’ operation is in marine shipping. The port has developed a custom shipping solution which delivers big results for the shipping channel. This includes the City Dock Facility, where the majority of cargo operations take place. It includes 12 deep water berths, where cargo is offloaded or loaded. The berths have a projected depth of 35 feet (ft), with berth 8 having a depth of 40 ft which is used for bulk grain shipments. The facility also includes a 1.6 million square foot of covered storage for warehouse services. The City Dock Facility is located close to essential rail links

making it an ideal location to connect the port to the rest of the state and beyond.

The Port’s Bulk Terminal No.1 provides 7 acres of dry bulk terminals at the Rose Bluff Cutoff along the Calcasieu Ship Channel and can accommodate 2 vessels for loading and unloading. Furthermore, the terminal also operates 2 travelling ship loaders and 2 travelling clamshell bucket unloaders, these include a pet coke ship loader which can facilitate 3,200 short tons per hour, and a calcined coke ship loader with a capacity for 1,200 short tons per hour. Bulk Terminal No.1 provides vessel-tovessel, vessel-to-truck, or vessel-to-open storage solutions. Consequently, the terminal processes more than 3.1 million short tons of dry bulk material annually which includes petroleum coke, calcined coke, barite, rutile, and other dry bulk commodities. In addition, the port is home to Bulk Terminal No.4 which deals in aggregates and is leased to a private company. The Terminal has a 251ft dock face, which can extend to 355 ft with dolphins and has a depth of 35 ft to help move more than 1 million metric tons of imported aggregate annually.

Port of Lake Charles

The facilities at the port have been designed to deal in such high quantities of multiple different types of cargo including break-bulk, speciality, heavy-lift, and project cargo from industrial components to forest/lumber products. Whilst the port facilities help to optimise the efficiency of shipment across the terminals, the port is also in a great strategic location just 12 miles upriver from the Gulf Intracoastal Waterway, is close to rail lines (Port Rail) and only 2.5 miles from an interstate. Therefore, the shipment of cargo from the port across land logistical services is made so much easier. Therefore, it is no surprise that the port trades with more than 70 countries around the world thanks to its reputation as the port of choice along the shipping channel.

As the company looks towards the future it is set on developing facilities at the Port of Lake Charles to cope with the $46 billion worth of pre-planned projects set to take place along the ship channel. This will add a further 90.8 million tons of cargo to the existing 56 million tons already travelling through the channel and port every year. The port has already begun inputting new port docks which can accommodate loads of 1500-2000 pounds per square foot, which is almost 4 times the strength of its current berths. This is part of more than $287 million in capital projects which are planned over

the next decade to expand the port’s role and capacity as it continues to be a key player in world trade and speciality cargo.

Another key development for the future is the opening of Cameron LNG (Liquified Natural Gas) Facility which will handle the exports of coke by-products from local petroleum refining, imported lumber, exported bagged and bulk grain, wind energy equipment, project cargo, limestone, rutile, barite, rubber, and chemical products. As this development will take place on the leased land of the Lake Charles Harbour and Terminal District, it will continue to establish the port as a key player for international shipping of cargo.

Overall, the Port of Lake Charles is home to one of the most pivotal ports along the Calcasieu Ship Channel and is responsible for developing a significant part of the Louisiana economy thanks to cargo shipment both into and out of the country. With key developments set to take place over the coming years to meet the growing demand for shipments along the Calcasieu Ship Channel, we look forward to seeing how the port’s facilities continue to expand and meet the needs of the future as a leading port and cargo terminal.