Latest News - page 18

 

Yemen's Mocha Port Halts Operations After Houthi Attacks

Aug 16, 2026

Yemen's Mocha port has suspended commercial and maritime operations after being hit by more than 25 missiles in Houthi attacks over recent days, the port's director said on Saturday.The attacks killed seven people and caused an estimated $16 million in losses…

Automation is Optimizing US Logistics

Aug 16, 2026

U.S. transportation has steadily become more efficient through advances in engine technology, infrastructure upgrades and increasingly sophisticated logistics networks.The next wave is different. Automation is turning transportation networks…

Sheskharis Terminal Pauses Loadings Following Drone Attack

Aug 14, 2026

Crude oil exports from Russia's Sheskharis terminal at the Black Sea port of Novorossiysk were suspended on Friday following a drone attack, three sources familiar with the matter said, adding to disruptions at one of the country's key export outlets…

European Wheat Rises as Black Sea Disruptions Persist

Aug 14, 2026

Euronext wheat rose on Friday to post a weekly gain as a Ukrainian attack on a Russian Baltic port and Moscow's rejection of a possible Black Sea truce intensified concern over reduced exports from Russia and Ukraine.December wheat, the most-active position on Euronext…

AD Ports Group Reports Strong Q2

Aug 14, 2026

AD Ports Group reported record second-quarter results for 2026, with strong growth in its Maritime & Shipping business and higher freight rates helping offset significant disruption to UAE port volumes stemming from conflict in and around the Strait of Hormuz…

Drone Attack Sparks Fire at Ust-Luga Port

Aug 14, 2026

Firefighters were battling flames on Friday at Russia's Baltic Sea port Ust-Luga, a major energy exports hub, after a fire sparked by a drone attack, regional governor Aleksander Drozdenko said on messaging app Telegram.More than fifty drones were downed in the Leningrad region…

Ukraine Offers Russia Truce in Black Sea

Aug 13, 2026

Ukraine has sent Russia an offer suggesting they both halt attacks on civilian targets in the Black Sea, a source said, after mounting strikes on vessels and ports there raised fears over global food supplies.The offer to suspend attacks was transmitted by Kyiv via a third party…

Revised Jones Act Waiver Takes Effect August 17

Aug 13, 2026

U.S. Customs and Border Protection said on Thursday the Department of Homeland Security has approved a second 90-day extension of a Jones Act waiver first issued on March 17, 2026, allowing certain covered cargoes to continue moving on foreign-flagged vessels between U…

Port of Los Angeles Increases Clean Ship Incentives

Aug 13, 2026

The Los Angeles Harbor Commission has approved an addendum to further accelerate clean air technologies and incentives as part of the Port of Los Angeles’ 2025 clean air Cooperative Agreement with the South Coast Air Quality Management District (South Coast AQMD) and neighboring Port of Long Beach…

Explosion at Rotterdam Port Energy Facility Kills One

Aug 13, 2026

A blast at a storage facility for petroleum products at the Netherlands' Rotterdam port killed one person and wounded six others on Thursday, officials said, as police investigated the cause of the explosion.A spokesperson for major energy commodities…

EU Wheat Pares Gains As Ukraine Proposes Black Sea Truce

Aug 13, 2026

Euronext wheat pared gains in choppy trading on Thursday to come off a two-week high as a Reuters report that Kyiv had proposed a truce in attacks on civilian targets in the Black Sea tempered concerns about disruption to massive Russian and Ukrainian wheat exports…

CK Hutchison Earnings Hit by Halted Panama Port Operations

Aug 13, 2026

CK Hutchison's cargo traffic and port earnings have been hit by a halt to operations in Panama, it said after posting half-year results, adding that little progress had been made on a $23 billion sale of most of its ports business.The conglomerate owned by Hong Kong's richest man…

DP World Reports $12.7b Revenue in H1 2026

Aug 13, 2026

DP World reported revenue of $12.7 billion for the first half of 2026, up 13.1% year-on-year, as its global network helped the company navigate significant disruption to trade flows in the Middle East.Growth across Logistics, Marine Services…

Despite $600m Middle East Hit, Hapag-Lloyd Q2 Results are Strong

Aug 13, 2026

Hapag-Lloyd reported a recovery in second-quarter 2026 earnings as stronger container volumes and spot rates helped counter roughly $600 million in additional costs stemming from the Middle East conflict.The German container shipping group posted Q2 EBITDA of $829 million…

Strong Vessel Demand, Rates Lift Maersk Outlook

Aug 13, 2026

Danish shipping group Maersk on Thursday raised its full-year earnings guidance for a second time this year and smashed profit forecasts as global container demand proved resilient in the face of the Middle East conflict.Surging freight rates…

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