EUKOR Car Carriers, SIPG Energy, and World Fuel have successfully completed the first green methanol bunkering of M/V Arctic Tern, the first vessel in the new Shaper Class series of car carriers, at the Port of Shanghai.The operation involved the delivery of 2…
Egypt is in talks with energy majors including Shell, TotalEnergies and BP to buy 15 to 18 cargoes of liquefied natural gas per month for at least three years, three trading and industry sources familiar with the matter told Reuters.The talks…
Yemen's Iran-aligned Houthi militia told shipping companies not to load or discharge cargo at Saudi Arabian ports or they may be targeted, according to an email the group sent to companies.The Houthis on Monday declared a naval blockade against Saudi Arabia…
DP World and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement of up to USD$28.5 million (€25 million) to support the electrification of operations at DP World’s Constanța South Container Terminal. The…
Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a net profit of QAR 857 million compared to QAR 860 million for the corresponding period in 2025…
The Houston Ship Channel region showed resilient trade activity, while Port Houston's public terminals recorded strong June container volumes and a moderate rebound for steel cargo.Key TakeawaysHouston Ship Channel region total trade increased 17% through May…
The insurance cost of shipping goods through the Red Sea rose on Monday after Yemen's Iran-aligned Houthis said they were imposing a naval blockade on Saudi Arabia, escalating risks for merchant shipping, insurance industry sources said.The…
Russian steel billionaire Vladimir Lisin has sold a shipping firm operating in the Sea of Azov to companies affiliated with agricultural logistics group Demetra, four industry sources said, adding the deal was struck before Ukrainian drone attacks…
Russian wheat export prices surged last week amid difficult shipping conditions in the Black Sea and a new wave of attacks in the Strait of Hormuz, analysts said on Monday.Forecasts for July wheat shipments from Russia continued to fall, even…
A Russian missile strike on a ship carrying corn near Ukraine's southern port of Odesa killed 10 people, Ukrainian officials said on Monday, in the deadliest attack in a weeks-long flare-up of violence in the Black Sea.Russia hit the Golden…
The fourth of five National Security Multi-Mission Vessels (NSMVs), Lone Star State, was christened on July 17 at Hanwha Philly Shipyard in Philadelphia, marking another milestone in the U.S. Maritime Administration's next-generation training ship program…
Saronic has selected Brownsville, Texas, as the site for Port Alpha, a next-generation shipyard the company plans to build to expand U.S. shipbuilding capacity.The company said it plans to invest more than $3 billion in the facility, with construction…
European Union countries could see more grain export demand if attacks on Black Sea ports and ships disrupt Russian and Ukrainian sales, traders and analysts said on Thursday.Wheat prices have surged this week, with U.S. futures reaching two…
The Port of Antwerp-Bruges, against a backdrop of geopolitical tensions, trade conflicts, and operational disruptions, context handled 133.9 million tons of maritime goods in the first half of 2026, a decrease of 2.4% compared to the same period last year…
European wheat prices jumped 7% on Wednesday as escalating Black Sea attacks raised concerns over key grain export routes, with traders expecting some demand to shift to European Union supplies.Benchmark September milling wheat on Paris-based Euronext…