Commodities trader BB Energy has loaded its first South Sudanese crude oil cargo after the negotiation of new terms for the fuel that was meant to be delivered in 2025.BB Energy took legal action against South Sudan in the London courts last year…
Germany's Hapag-Lloyd said on Monday it would buy Israel's ZIM Integrated Shipping Services for $4.2 billion in cash to secure its position as the world's fifth-largest shipping group.However, the deal prompted a backlash in Israel, with ZIM…
Effective February 1, 2026, Hagen Hennig has taken over the role of President of dteq Transport Engineering Solutions (dteq).Hennig joined dteq in 2017 as Port Captain and was appointed Technical Director in 2022. He is a certified Master Mariner and Port Captain…
In a move that further reshapes the global liner landscape, Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services Ltd. in an all-cash transaction valued at approximately $4.2 billion, the companies announced today.Under the terms of the merger agreement…
Marine fuel sales at the world's largest bunker hub of Singapore posted a strong start to 2026, driven by healthy demand and higher price premiums, based on port data and trade sources.January 2026 volumes totalled 5.23 million metric tons, up 16…
Russian wheat export prices rose last week as weather conditions continued to seriously hamper shipments from the country's southern ports, analysts said.The price of Russian wheat with 12.5% protein content for free-on-board (FOB) delivery in the second half of March was $233…
Marine fuel sales at the world's largest bunker hub of Singapore posted a strong start to 2026, driven by healthy demand and higher price premiums, based on port data and trade sources.January 2026 volumes totalled 5.23 million metric tons, up 16…
Russia's Black Sea port of Taman, which handles oil products, grain, coal and commodities, has been damaged by a Ukrainian drone attack, the governor of Russia's Krasnodar region said on Sunday.Two people were injured as an oil storage tank…
DP World chairman and CEO Sultan Ahmed Bin Sulayem has resigned with mounting pressure over his alleged ties to Jeffrey Epstein.Bin Sulayem, one of the Middle East's most prominent business figures, is among the highest-profile executives to…
Three Ukrainian brothers, including an eight-year-old, were killed near the eastern front line and a Russian drone attack killed one person and injured six others at one of Ukraine's Black Sea ports near Odesa, Ukrainian officials said on Friday…
India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington…
Maersk's APM Terminals and German port group Eurogate will invest 1 billion euros ($1.19B) in modernizing their container terminal in Germany's Bremerhaven, the companies said.With the investment the companies said they plan to increase the…
Norwegian Cruise Line Holdings appointed John Chidsey as its chief executive officer, effective immediately, replacing Harry Sommer, who is stepping down.The company said Chidsey, 63, who had served at the helm of Subway Restaurants for five years until December 2024 and Burger King Holdings…
The shipping industry's biggest players are shrugging off Trump administration opposition to a global carbon price and are forging ahead with billions of dollars in emissions-reducing investments, according to company officials and a Reuters analysis of data…
Oslo-listed dry bulk operator Western Bulk reported a marked earnings recovery in the second half of 2025, capitalizing on a broad-based rebound in freight markets and tighter effective vessel supply.According to the company’s Second Half Year Report 2025…