Hadag, the operator of Hamburg’s ferry services, is adopting an AI-powered platform to optimize the scheduling and operation of its electric ferry fleet.The AI system will support daily operations by tailoring charging strategies, managing energy demand…
The Northwest Seaport Alliance (NWSA) has announced its inaugural incentive program for zero emission truck and charging deployment.After a competitive bid process, the NWSA identified Zeem Solutions (Zeem) as the awarded subrecipient. Zeem…
Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency SANA reported.The agreement follows on from…
The Oakland Board of Port Commissioners unanimously elected Andreas Cluver to lead as Board President. Jahmese Myres was elected First Vice President, and Barbara Leslie was elected Second Vice President of the Commission.President Andreas Cluver…
IHI Corporation and Royal Vopak have signed a joint development agreement under which IHI and Vopak plan to establish a new joint venture. Taking into account the ongoing progress of domestic infrastructure development within the country, IHI…
SAAM christened Trapananda, reported to be the first electric tugboat in Latin America. Thanks to a strategic partnership with Enap, the electric tug will operate in one of the southernmost terminals in the world, Puerto Chacabuco, in the Aysén Region…
Yemeni Houthi militia leader Abdul-Malik al-Houthi said on Thursday (July 10) that no company would be permitted to transport goods related to Israel through designated areas at sea.“It is not permissible for any company transporting goods for…
Vietnam is preparing stricter penalties to crack down on trade fraud and the illegal transshipment of goods, and has focused its inspections on Chinese products as it tries to comply with commitments made to Washington, documents seen by Reuters show…
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, industry sources said on Thursday.The Red…
Iron ore prices have been a model of stability in recent months despite the increasing clouds over the outlook for the key steel raw material.The benchmark Singapore Exchange contract ended at $95.25 a metric ton on Monday, down from $95.89…
Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area…
In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence…
Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe…
“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production…
CV International, Inc. (CVI), a Norfolk-based freight forwarder and customs broker, and its subsidiary Capes Shipping Agencies, a port and vessel agency, have announced the appointment of Jeff Underwood as Chief Financial Officer. Jeff brings over 30 years of financial experience…