U.S. Secretary of State Marco Rubio will visit Panama during his first overseas trip in the post, a source told Reuters on Thursday, as President Donald Trump makes a push for the United States to take back the Panama Canal that has angered the Central American country…
Onne Multipurpose Terminal (OMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Nigeria, has purchased and put into operation two new mobile harbor cranes and a container freight station. These investments underscore…
Wallenius Wilhelmsen has marked the official opening of its South Atlantic hub - the Brunswick terminal, Equipment Processing Center (EPC) and Vehicle Processing Center (VPC). The grand opening marks another strategic investment for the Wallenius…
Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, announces the release of Vantage Automation version 7.2, the latest evolution of its cone crusher control platform.Designed…
GAO-25-106953, published today, says, 'Additional Efforts Needed to Assess the Effectiveness of DHS's Approach.'Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain…
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.In a statement, Rabie said the navy would reissue navigational maps after adding the 10-km (6…
The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U…
Contecon Guayaquil is enhancing Ecuador’s banana export capabilities with the launch of a cold storage facility within the Port of Guayaquil.The Guayaquil Banana Gateway is the first on-dock cold storage facility in the country, which remains as the world’s top banana exporter…
Fratelli Cosulich Group placed an order for another 7,999 dwt IMO2 chemical bunkering tanker at Taizhou Maple Leaf Shipbuilding Co., Ltd., which when delivered in Q4 '26 will bring the company's total number of methanol-ready barges to four…
2024 LSFO exports 18.33 mln tons, -1.6% vs 20232024 fuel oil imports +7.4% at record 24.1 mln tonsFuel oil imports to trend down in 2025 on new tariffs, tax policy China's exports of low-sulfur marine fuels dipped 1.6% in 2024 from the previous year…
The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the years ahead, CEO Mario Cordero said Thursday during his eighth annual State of the Port address…
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said…
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring…
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt by weaker rates across the capesize and supramax segments.The index, which factors in rates for capesize…
The Philippines and China agreed to seek common ground and find ways to cooperate despite their disagreements in the South China Sea, their foreign ministries said on Thursday, as heated rows persist over vessels deployed around disputed features…