The core finding of DP World’s new Global Trade Observatory (GTO) Annual Outlook Report 2026 is that while global trade outlook looks fragile, business confidence does not. Ninety-four percent of respondents expect 2026 trade growth to match or exceed the pace of 2025…
Port of Aberdeen has appointed Sarah Downs as a Non-Executive Member, effective January 1, 2026, as it consolidates activity across its core sectors and diversifies port business.Sarah has a track record in advisory and non-executive roles,…
Sallaum Lines announced the relocation of its headquarters from Switzerland to Limassol, Cyprus. This move reflects the company’s long-term growth vision and its commitment to strengthening its presence within the European maritime world. Known…
The Council of the International Association of Classification Societies (IACS) has announced the election of Alex Gregg-Smith to the position of IACS Chair. Mr. Gregg-Smith will assume the role on July 1, and his term of office will run until December 31…
Mitsubishi Heavy Industries Transportation and Construction Engineering, Ltd. (MHI-TC), a part of Mitsubishi Heavy Industries (MHI) Group, has built and completed delivery to Yokohama City of the Mitsubishi Marine Bridge (MMB), a self-propelled mobile seaport passenger boarding bridge (SPBB)…
'In 2025, China’s total import of crude oil rose nearly 5% -- 4.9% to 11.6 million barrels per day (mbpd) from 11.1 mbpd in 2024 according to data released by the General Administration of Customs (GACC) in China. Seaborne imports increased an estimated 4…
Worley has been selected as Marine and Port Infrastructure Technical Advisor by the Government of Western Australia for the Westport Program, which aims to deliver a new container port in Kwinana.Under a joint venture with Arcadis, Worley will…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ending December 31, 2025. The Group delivered a net profit of USD$460 million (QAR 1.69 billion), representing an increase of 3.1% compared to USD$450 million (QAR 1…
Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea.They have been rerouting vessels via longer, costlier routes around Africa since November 2023…
Inland Port Dillon marked its busiest calendar year on record, completing 48,761 rail containers in 2025, a 33% increase from the prior year. Retail growth and a successful soybean season for regional farmers accounted for the additional volume…
CMA CGM has announced its FAL1, FAL3 and MEX services connecting Asia and Europe, which recently began transiting Suez Canal again on backhaul voyages, will return to sailing around the Cape of Good Hope.CMA CGM cited the 'the complex and uncertain…
Cocoa futures on the ICE exchange tumbled to two-year lows on Tuesday on talk that excess beans were piling up at ports in top grower Ivory Coast.COCOA* London cocoa closed the session down 8.3% at 3,347 pounds per metric ton after earlier hitting 3…
Interferry is calling for an immediate halt on the further implementation of the EU ETS for the ferry sector, maintaining the surrendering obligation for maritime emissions frozen at the 70% level scheduled for 2025, and halting the planned increase to 100% in 2026…
The Marshall Islands Flag State Administration and Bureau Veritas have formally approved SOLAS equivalency proposals submitted by Union Maritime and BAR Technologies for two MR2 tankers under construction at Wuhu Shipyard, China. The vessels…