Contracts News


Port Snared in US-China Dispute, says Panama President

May 01, 2026

Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian superpower and the U.S., and defended Panama's takeover of port contracts held by Hong Kong's CK Hutchison…

Asia Pacific Ports Collaborate Cross-Sector to Advance Hydrogen, E-Fuel Readiness

Apr 30, 2026

Accelleron, a leader in turbocharging, fuel injection, and digital solutions in the marine and energy industries, highlights how Asia Pacific ports are building early foundations for green hydrogen-based e-fuel markets through coordinated cross-sector action in its most recent report…

Wittlin Named CEO of GLO Marine

Apr 28, 2026

GLO Marine appointed Thomas Wittlin as Chief Executive Officer, effective Q2 2026, signaling the start of a structured growth phase in which the company will evolve from a retrofit-led contractor into a production-enabled marine engineering and integration business…

Raw Sugar Futures Falls After Two-Week High Alongside Coffee, Cocoa

Apr 27, 2026

Raw sugar futures on ICE closed down after earlier hitting a two-week high as selling in top grower Brazil dried up and oil prices rallied.Coffee and cocoa algo posted losses.SUGAR* Raw sugar settled down 0.1 cent, or 0.7%, at 13.83 cents per lb…

First LNG Export Cargo Departs Sabine Pass Terminal

Apr 22, 2026

Golden Pass LNG, a joint venture between QatarEnergy and U.S. oil major Exxon Mobil, said on Wednesday that the first cargo of liquefied natural gas has departed from its new Sabine Pass terminal in Texas.Shipping data showed that the vessel…

Baltic Exchange Considers Amending Methodology for Middle East Benchmarks

Apr 20, 2026

The Baltic Exchange, which tracks and assesses freight rates, on Monday proposed amending its methodology on all Middle East benchmarks, citing the escalating geopolitical disruption in the Strait of Hormuz and the wider Middle East region,…

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