Erickson Marine has named Nick Miller as Chief Growth Officer, expanding the company’s executive leadership as the longtime Sarasota dealership builds on nearly three decades of success and advances into its next phase of growth.In the new role…
U.S. LNG developer Argent LNG said on Wednesday it had signed a non-binding memorandum of understanding with Albania's government to evaluate development of an onshore LNG storage and regasification terminal with capacity of up to 5 million tonnes a year…
Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated.The September reading…
Kuwait Petroleum Corp is offering the option of ship-to-ship transfers of its crude oil and petroleum products outside the Strait of Hormuz to its buyers for safe transportation to final destinations, a company official said on Wednesday.'We…
Chicago wheat futures jumped on Tuesday as hopes faded for a U.S. diplomatic effort to end the war in Ukraine, which has disrupted Black Sea grain shipments, analysts and traders said.Corn and soybean futures chopped up and down as traders adjusted positions ahead of Friday's U…
Freight rates for Russian oil shipments from Novorossiysk to India remain high despite a sharp correction in the Mediterranean tanker market, as many shipowners continue to avoid the Russian Black Sea port because of security risks, shipping and trading sources said…
Euronext wheat eased on Friday, extending a pullback from contract highs as the market waited to see if a renewed diplomatic push to end Russia's war with Ukraine might alleviate disruption to Black Sea trade.Losses were limited as more attacks…
Russia has shipped more than 10 million barrels of crude oil via the Northern Sea Route so far this year, boosting supplies to China as buyers seek alternative sources amid disruptions to Iranian exports and concerns over Middle East shipping routes…
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, extended gains and rose to a nearly five-year high on Thursday, buoyed by strong rates across all segments.The main Baltic index, which tracks rates for capesize…
The Port Authority of New York and New Jersey clean transportation nonprofit CALSTART announced a pair of incentive programs totaling $45 million to accelerate the adoption of zero-emission (ZE) drayage trucks and terminal tractors, alongside…
Lloyd's Register (LR) and the Marine Design and Research Institute of China (MARIC) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia…
Bureau Veritas Marine & Offshore (BV), CMA CGM and Shanghai Merchant Ship Design and Research Institute (SDARI) have signed a Joint Development Project (JDP) agreement during SMM to develop and assess the feasibility of an assisted container…
OceanWings has received an Approval in Principle (AiP) from ClassNK covering its Rigid Fixed (RF) and Rigid Tiltable (RT) wingsails. The approval was presented during an official ceremony at SMM in Hamburg on September 2, 2026.Building on the initial AiP granted by ClassNK in 2025…
bound4blue has completed the installation of four 22-meter eSAIL suction sails onboard Marflet Marine's Santiago I, positioning the company as the first Spanish merchant fleet owner to commit to wind-assisted propulsion and suction sails.The installation…
Alfa Laval unveiled PureBallast 3 Ultra Skid, a new skid-mounted version of its PureBallast 3 Ultra ballast water management system, at SMM 2026. Developed in response to customer demand, the PureBallast 3 Ultra Skid combines the system’s biological…