The Port of Virginia is nearing the completion of its $1.4 billion Gateway Investment Program with a critical piece of the strategic capital investment program being delivered in early 2026.In February, the port is scheduled to take delivery of the deepest shipping channels on the US East Coast…
Pole Star Global, a leader in maritime intelligence and regulatory compliance solutions, announced the launch of the Maritime Transparency Index (MTI) — a machine learning-powered risk scoring system that transforms maritime compliance from complexity into clarity…
Evergreen Marine, a leading container shipping company, has become the first Taiwanese operator to upgrade its fleet to NexusWave bonded connectivity solution from Inmarsat Maritime, a Viasat company. Following successful trials, Evergreen is transitioning to NexusWave to enhance crew welfare…
On January 6, 2026, Ms. Laura DiBella of Florida was sworn in as a Commissioner of the Federal Maritime Commission (FMC or Commission). Commissioner DiBella will serve for a term that expires on June 30, 2028. Commissioner DiBella was nominated by President Trump on September 3…
Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on tankers and in…
ABB has signed contracts with Rotterdam Shore Power (RSP) to engineer and construct what is expected to be the world’s largest shore power system by capacity at the Port of Rotterdam.The system will provide over 100 megavolt-amperes (MVA) of…
On January 1, 2026, Roland Schwandt took over as CEO of SCHOTTEL GmbH from Stefan Kaul as part of an orderly succession plan. Christian Bock was appointed Deputy CEO. In the future, Stefan Kaul will focus on production and materials management…
The Panama Canal Authority (ACP) has commemorated 26 years of Panamanian administration, marking a new anniversary since its transfer at noon on December 31, 1999.The Authority says this historic milestone was a catalyst for national sovereignty…
A.P. Moller - Maersk has appointed Ditlev Blicher as the new Regional President for North America, effective January 1, 2026.Blicher assumes the role after most recently serving as the company’s Regional President for Asia Pacific since 2023…
Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling more pressure on an interim government trying to hang onto power in the face of U…
Chicago soybean futures ticked down on light post-holiday trading volume on Friday, as competitively priced Brazilian beans and favorable South American weather pressured the commodity, analysts said.Wheat and corn futures also edged down, but corn received some support from the brisk pace of U…
DHT Holdings, Inc. has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the company during the first half of 2026…
W.S. Darley & Co., a provider of firefighting, emergency, and defense equipment, has announced a decade-long succession plan with the appointment of Lee Wise as its new President effective January 1, 2026. Lee Wise succeeds Paul C. Darley, who has served in the role for 30 years…
Russia launched waves of drones to attack port infrastructure and civilian ships in Ukraine's Odesa region on Tuesday, Ukrainian navy and government officials said.Two Panama-flagged civilian vessels - Emmakris III and Captain Karam - were attacked…
Cocoa futures were sharply higher on Monday boosted partly by a slowdown in port arrivals in top grower Ivory Coast, while raw sugar and coffee prices also rose.COCOA* London cocoa rose 6.7% to 4,498 pounds a metric ton by 1447 GMT.* Exporters…