Shipping traffic around Belgium's Port of Antwerp has been partially halted because of an oil spill that has spread from one of the port's docks into the river Scheldt.Antwerp harbour typically handles 60 to 80 ships daily. A port spokesperson…
The Port of Los Angeles said it has secured about $70 million in federal funding for harbor maintenance and infrastructure upgrades, marking its largest allocation to date.The funding, provided by the U.S. Army Corps of Engineers from the Harbor Maintenance Trust Fund…
Japan’s Mitsui O.S.K. Lines, Hitachi and Hitachi Systems have signed a memorandum of understanding to develop floating data centers by converting second-hand vessels, aiming to meet growing demand driven by artificial intelligence.Under the agreement…
The container shipping sector continued its gradual normalization in 2025, and ZIM Integrated Shipping Services’ latest financial results offer a clear snapshot of the industry’s transition away from the extraordinary profits generated during the pandemic-era freight surge…
DetentionTrackr has launched a new artificial intelligence (AI)-powered maritime intelligence platform designed to centralize global Port State Control (PSC) detention data into real-time operational insight.The DetentionTrackr platform aggregates…
In its Q4 and full-year 2025 earnings release, the Monaco-based containership owner posted full-year 2025 adjusted net income from continuing operations of $375.6 million, or $3.12 per share. Net income from continuing operations available to common stockholders totaled $371…
Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result…
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…
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…
Marine technology company Alfa Laval UK has enhanced its dry-docking support services for shipowners, introducing pre-docking audits and customized spare parts packages designed to reduce turnaround times and extend fleet uptime.The initiative is part of the company’s strategy to turn dry-docking…
ECOnnect Energy has signed two pre-Front End Engineering and Design (pre-FEED) contracts for its IQuay Regas Terminal, a modular floating regasification system designed to offer faster, more flexible alternatives to conventional onshore and floating LNG terminals…
China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world's two largest economies, sending the company's shares sharply lower.The move, announced by the Chinese commerce ministry…
The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week…
Click HERE to sign up for the October 16, 2025 webinar Power & Performance at the Port: See How Propane Moves Maritime Operations ForwardTrade has been a rollercoaster recently. Between the unpredictability of tariffs and uncertain economic outlooks…