New Wave Media, a leading B2B media company serving the global maritime, offshore energy, subsea and logistics sectors, acquired the Port of the Future Conference & Exhibition, a premier international symposium known for its focus on advancing port infrastructure, technology, and policy.Under the continued leadership of its founder, Kevin Clement, the event will retain its iconic tagline — “2 Days…
Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…
Shipments of limestone across the Great Lakes held relatively steady in July 2025, totaling 3.53 million tons — a fractional drop of less than 1% compared to the same month last year, according to the Lake Carriers’ Association (LCA). Despite the minimal year-over-year change…
Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday…
For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.The company states that these results, while sequentially down as expected…
HD Hyundai and A.P. Moller - Maersk have signed an Memorandum of Understanding (MoU) to establish a collaboration on decarbonization solutions for vessels, while HD Hyundai plans to expand the use of Maersk’s integrated logistics services across its affiliates…
Wallenius Wilhelmsen has acquired the remaining shares in Armacup, bringing the shareholding percentage from 65 to 100%.Armacup is a New Zealand-headquartered shipping company that has pioneered the Japanese used car trade since the 1980s. Armacup…
French shipping giant CMA CGM's subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan's logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to a filing by the Turkish company…
Ports of Indiana has opened the Mount Vernon Railroad today, creating an unparalleled “mega-modal” opportunity for Southwest Indiana.The railroad is a partnership between OmniTRAX – the nation’s largest privately-held, family-owned rail transportation…
Australia's competition watchdog said on Thursday it is not opposed to the country's largest integrated terminal and freight logistics provider, Qube, acquiring Melbourne International RoRo & Auto Terminal (MIRRAT), subject to certain undertakings by the firm…
Hong Kong-based conglomerate CK Hutchison, which is facing pressure from Beijing authorities over a port deal with a BlackRock-led consortium, will not hold earnings conferences this week, two sources with knowledge of the matter said.CK Asset…
Trade Tech, Inc., a global logistics platform, is actively working toward compliance with the UAE’s new Maritime Pre-Load Cargo Information (MPCI) Program which will become effective June 25, 2025.This new security filing regulation, managed by the UAE’s National Advance Information Center (NAIC)…
U.S. container import volumes increased 4.7% year-on-year in February, but could cool in coming months as the U.S. trade war with China and other key trading partners takes hold, supply chain technology provider Descartes said on Monday.U.S…
CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U…
Windward (LSE: WNWD) launched its AI-Powered Detention & Demurrage (D&D) Automation solution, in what it is calling a first step in a mission to revolutionize global trade with Gen-AI-powered automation. Designed to eliminate the persistent cost uncertainty plaguing freight forwarders…
