Latest News - page 26


Bio-Methanol Gaining Traction as Alternative Fuel

Mar 12, 2026

This week, CMA CGM and SIPG Energy successfully completed the bunkering of 3,643 tons of bio-methanol for the CMA CGM Osmium at Yangshan Port in Shanghai. This operation marks CMA CGM’s first bio-methanol bunkering worldwide and sets a new national…

Los Angeles Largely Insulated from Iran war Disruptions

Mar 12, 2026

The busiest U.S. container seaport in Los Angeles is mostly insulated from supply chain upheaval sparked by U.S.-Israel attacks on Iran that have spiraled into a regional conflict, its executive director Gene Seroka said on Thursday.The Iran war has snarled container shipping in the Middle East…

Trump Administration Considers Jones Act Waiver

Mar 12, 2026

The Trump administration is considering waiving the century-old Jones Act for a limited period to ensure energy and agricultural shipments can move freely between U.S. ports, press secretary Karoline Leavitt said on Thursday, in a bid to combat Iran-related supply disruptions…

MSC Group Inks Agreement for Snake Island Port

Mar 12, 2026

Mediterranean Shipping Company (MSC) signed a 45-year sub-concession agreement with Nigerdock to develop, operate, and maintain an exclusive container terminal spanning 30 hectares within Snake Island Port (SIP), Lagos.The new container terminal will be completed by 2028 with a 910-m quay…

Exmar Deploys NexusWave Across Fleet

Mar 12, 2026

Inmarsat Maritime, a Viasat company, is rolling out NexusWave across Exmar’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving commercial and crew connectivity demands.With the tech adoption, Exmar is seeking to close…

New ISO Vessel Hull Cleaning Standard Published

Mar 12, 2026

Yesterday, a new ISO standard was published to help port authorities, shipowners and operators navigate rules on how ships should be cleaned in an environmentally sound way. Hull cleaning is gaining traction among shipowners, while countries…

MacGregor Launches Balanced Lashing System

Mar 12, 2026

MacGregor has launched its new Balanced Lashing System, a solution designed to solve the long-standing industry challenge of uneven load distribution in container ship lashings.On conventional container ships, lashings often share loads unevenly…

James Fisher Marine Services Group Builds Momentum for 2026

Mar 12, 2026

UK-based marine services provider James Fisher and Sons plc reported improved profitability and margin growth in 2025, with the company pointing to stronger execution across its Defence, Energy and Maritime Transport divisions and continued progress in a multi-year turnaround strategy…

Oman Battles Fire at Salalah Port After Drone Strike

Mar 12, 2026

Oman's civil defence is working on containing a fire in fuel tanks at the country's Salalah port, Oman's state news agency reported on Wednesday, after drones struck oil storage facilities at the port.The state news agency, citing Oman's civil defence…

Six Vessels Attacked as War Puts Merchant Ships on Front Lines

Mar 12, 2026

Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms…

FMC Issues Warning on Strait of Hormuz Surcharges

Mar 11, 2026

The Federal Maritime Commission (FMC) has issued a statement saying it is closely monitoring the impact the current conflict in the Middle East is having on shipping conditions through the Strait of Hormuz.Under its statutory authority, the Commission ensures that rates…

Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War

Mar 11, 2026

Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation's $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on Wednesday.The U.S.-Israeli…

MSC Secures 45‑Year Lagos Port Concession

Mar 11, 2026

Shipping company MSC has signed a 45-year concession agreement with Nigerian maritime company Nigerdock to develop, operate and maintain a new container terminal at Snake Island Port in Lagos, the Switzerland-based company said.The dedicated…

Tankers Ablaze, Iranian Oil Still Shipping

Mar 11, 2026

Two foreign tankers carrying Iraqi fuel oil were subjected to unidentified attacks inside territorial waters, causing them to catch fire, Iraq's director general of the General Company for Ports Farhan al-Fartousi told Reuters on Wednesday.Iraq…

Container vessel Orderbook Hits Record High

Mar 11, 2026

'Despite increasing trade policy uncertainty and falling freight rates, the container ship order book has continued to expand. It now totals more than 1,350 ships with a combined capacity of 11.8m TEU,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO…

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