On September 15, International Car Operators N.V. (ICO), a wholly owned subsidiary of the NYK Group, obtained formal approval from the Belgian government for the construction of a fully automated multi-level parking facility at its finished vehicle terminal in the port of Zeebrugge…
Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025).The revenue for FY2025 2nd quarter was $4.455 billion, with net profit of $285 million.'Our FY2025 2Q results underscore ONE’s resilience and stability in a challenging market…
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control…
The Panama Canal expects an increase in transits of liquefied petroleum gas (LPG) vessels and carriers of some agricultural commodities to help it compensate for a reduction in world trade next year, the waterway's chief told Reuters on Monday…
MSC Cruises utilized shore power in New York for the first time when MSC Meraviglia connected to shore power at the Brooklyn Cruise Terminal.The connection allowed MSC Meraviglia to switch off her engines to eliminate emissions locally, as part…
The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.The U.S. exported a record 10.1 mmt of the liquid fuel in October…
Concordia Damen has received a new contract from Reederei Deymann, one of Germany’s largest inland shipping companies, for the extensive refit of a dry cargo vessel Hirschhorn. The vessel recently arrived at the Concordia Damen yard in Werkendam…
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 30 new orders for alternative-fueled vessels were placed in October 2025.Of these, 26 were LNG-fueled vessels, all coming from the container segment.The remaining four orders were for methanol-fueled vessels…
The European Anti-Fraud Office (OLAF) led a large-scale joint customs operation, NOXIA II, successfully targeting shipments suspected of containing illicit cigarettes, waste, drug precursors, and pesticides.The operation led to the coordinated seizure by the participating customs authorities of 149…
Liebherr USA, Co. appoints Simon Schuster as Divisional Director of Mobile and Crawler Cranes effective November 2025. As Divisional Director, Schuster will be responsible for ensuring exceptional support for US mobile and crawler crane customers in regards to new crane sales…
Port Houston crossed the three million TEU mark in September, reaching 3,270,595 TEUs year-to-date, the fastest pace in Port Houston’s history. Total container volumes are up 5% year-to-date compared to last year.“Three million TEUs and counting…
The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other's ships that became a major irritant in the broader trade war between the world's two largest economies and pushed up ocean freight costs.The move provides a 12-month reprieve on an estimated $3…
The U.S. has granted India a six-month sanctions waiver to operate the Iranian port of Chabahar, India said on Thursday, boosting New Delhi's effort to enhance trade with Afghanistan and Central Asian countries bypassing its rival Pakistan.India…
Several shipments of wheat that had been delayed for weeks at Egyptian ports due to payment issues have now been cleared to unload after the problems were resolved, Egypt's state grain-buyer Mostakbal Misr told Reuters on Thursday.Around eight vessels carrying roughly 200…
Danish shipping company Maersk said on Thursday its APM Terminals unit may invest around $2 billion in the Pipavav Port in western India.Maersk said in a statement it had signed a memorandum of understanding with the Gujarat Maritime Board on increasing capacity at the port…