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Trinidad and Tobago

Caribbean MOU: 2024 PSC Annual Report

Caribbean MOU on PSC released the PSC report for the year 2024. In accordance with the provisions of the applicable conventions and as per...

‘Vast’ frontier block in Trinidad’s deepwater goes to ExxonMobil

U.S.-headquartered energy giant ExxonMobil has signed a production sharing contract (PSC) with the Government of Trinidad & Tobago for a deepwater block off the...

Port operational updates from around the world (8 – 13 August 2025)

Algeria Algiers: Due to congestion, the 7-day average vessel waiting time is around 4.13 days. To improve congestion, the port authority...

ExxonMobil may invest up to $21.7bn in Trinidad and Tobago

ExxonMobil is set to potentially invest as much as $21.7bn (147.35bn) in Trinidad and Tobago, contingent upon the successful discovery of reserves in a...

Trinidad awards deepwater blocks to Exxon, could see $21.7 billion investment, minister says

Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the US energy major finds reserves in a large deepwater...

ExxonMobil Guyana commences production at Yellowtail development

ExxonMobil Guyana has commenced production at its fourth project in the offshore Stabroek block, named Yellowtail.This new venture is expected to significantly boost the...

IMO Launches Regional Office in Fiji

The IMO has inaugurated a new Regional Presence Office in Suva, Fiji. The Regional Presence Office, hosted by the Government of Fiji and...

IMO launches new Regional Presence Office to boost maritime cooperation in the Pacific

The International Maritime Organization (IMO) inaugurated a new Regional Presence Office (RPO) in Suva, Fiji, marking a milestone for regional maritime cooperation and capacity...

US imposes steep 50% tariffs, how will Brazil’s import-export market be impacted?

In April 2025, Brazil was already affected by the 10% initial tariffs imposed by the Trump administration. However, on July 9, Trump announced in...

José Luis Saura, president of the Federación de Prácticos: «Bureaucracy is a problem in port operations»

José Luis Saura is a kind person who inspires trust. A serene gaze and measured words. I ask him: Who is José Luis...
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