Freight rates for tanker shipments of Russia's Urals crude from western ports to India have fallen in July from the previous month as summer season and increased vessel availability eased pressure on the market, according to three trading sources…
The Maritime Technologies Forum (MTF) announced the publication of new guidelines to support companies in developing new Safety Management Systems (SMS) and strengthening existing SMS for ships using methanol as fuel. As the maritime industry accelerates its decarbonization efforts…
Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2026. The company reported a second-quarter net profit of $51.7 million with revenue of $750.3 million, compared with a net profit of $75.2 million with revenue of $712…
“So far this year, crude tanker newbuilding contracting has reached 60m deadweight tonnes (DWT) across 234 ships, driven by a surge in orders for Very Large Crude Tankers (VLCCs). This already makes 2026 the year with the highest crude tanker contracting on record…
Dutch shipyard Concordia Damen announced it has received a contract from TUI River Cruise for two CDS River Cruise 135 vessels. These cruisers are of in-house design and have been tailored to TUl's needs.TUI River Cruises' fleet is currently expanding from six to 10 ships…
As part of its repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Bevan Greibesland as Chief Underwriting Officer, Specialty Lines, and Bruce Griffin as Chief Underwriting Officer, Long Tail Lines…
cruisePAL announced a restructuring of its senior leadership team. Effective immediately, Sankar Ragavan transitions from President & CEO to serve as President of cruisePAL, focusing on group-level strategy, investor relations, and the long-term vision of the platform…
Cool Carriers has taken another step in its fleet renewal strategy with the delivery of MV Snow Flake, the second vessel in its next-generation Snow-class series, reinforcing the company's position as the world's largest operator of specialized refrigerated cargo vessels…
Ports of Indiana has been awarded a $25 million federal “BUILD” grant from the U.S. Department of Transportation (USDOT) to support a $32 million expansion of its Jeffersonville port. This grant is the largest federal award in Ports of Indiana’s 65-year history…
The U.S. Department of Transportation's Maritime Administration (MARAD) has decided to move forward with issuing a deepwater port license to Delfin LNG after a federal appeals court denied review of a legal challenge by environmental groups…
The U.S. Court of Appeals for the D.C. Circuit recently issued a decision upholding the Federal Maritime Commission’s (FMC) determination that detention fees levied on a trucker by an ocean common carrier during a three-day port closure were unreasonable…
AIDA Cruises’ vessel AIDAmar docked at Damen Shiprepair Rotterdam’s Botlek location for her annual bottom survey while carrying around 2,000 passengers on board.The vessel departed the German port of Warnemünde on July 3, for a five-night voyage…
Liebherr has delivered two LHM 550 mobile harbor cranes to Baltic Container Terminal Gdynia following a tender supported by EU funding and governed by a fixed June 2026 delivery schedule. The new units are configured for container handling and…
NorthStandard has appointed Jonathan Oak as Senior War Underwriter.Oak joins from the UK War Risks Club and brings experience in war risks underwriting, including advising shipowners operating in complex and rapidly evolving threat environments…