A long-running dispute over container detention charges between Evergreen and a U.S. trucking company has been resolved, with a federal appeals court siding squarely with the regulator and reinforcing limits on when carriers can impose such fees…
'The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4% of dry bulk cargoes and tonne mile demand typically sail through the strait and at present…
A Ukrainian drone attack caused a major fire at a Russian oil refinery in the city of Tuapse on Tuesday, officials said, in what President Vladimir Putin described as evidence of increased Ukrainian attacks on civilian targets.It was the third attack on the Black Sea port in less than two weeks…
Ask a hundred people what they believe to be the modern world’s most impactful inventions, and you’ll get a hundred different answers. The lightbulb. The smartphone. Antibiotics. Coffee.Allow me to propose a completely different answer: The shipping container…
Hanseatic Global Terminals (HGT) Latin America has announced the appointment of Paulo Ruy Tung Pedroso as its new Senior Vice President Commercial for the region, effective June 1, 2026.The Paulo Ruy Tung Pedroso holds a Bachelor’s degree in…
DASSAI and Mitsubishi Heavy Industries report a successful completion of the first mission of the 'DASSAI MOON Project', an initiative aimed at producing sake on the surface of the Moon.In this mission, specialized brewing equipment jointly developed by DASSAI and Mitsubishi Heavy Industries…
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…
CSP Iberian Bilbao Terminal has taken delivery of a new Super Post-Panamax (STS) crane, increasing the operational capacity of the container terminal at the Port of Bilbao and boosting productivity and efficiency in its operations. The crane…
C&C Marine and Repair, the full-service shipyard located on the Gulf Intracoastal Waterway in Belle Chasse, Louisiana, announced it has surpassed 700 barges blasted at its patented Robotic Blast and Paint Facility.Since opening in November 2018…
Mooring and anchoring specialist Mooreast Holdings has granted an option to sell its leasehold property in Singapore for $23.3 million, aiming to boost offshore wind activities at new location.The company said it expects net proceeds of about…
An LNG tanker managed by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, ship-tracking data showed on Monday.If confirmed, this will be the first loaded LNG tanker to cross the strait since the Iran war started on February 28…
President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy costs linked to the war with Iran…
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…
Chicago wheat futures touched 10-month highs on Monday with corn and soybeans also rising following gains in crude oil, as U.S.-Iran peace talks stalled leaving Gulf shipping blocked, analysts said.Chicago Board of Trade most-active wheat was last 4-1/2 cents higher to $6…
Israel risks a diplomatic and legal response from Kyiv if it allows a vessel carrying grain from Russian-occupied Ukraine to dock at the port of Haifa, a Ukrainian diplomatic source told Reuters on Monday.Israel's Haaretz newspaper reported earlier that the vessel Panormitis…