Latest News - page 27

 

GCMD, CIMAC Partner to Support Maritime's Alternative Fuel Readiness

Feb 03, 2026

The Global Centre for Maritime Decarbonization (GCMD) and CIMAC have signed a two-year Coalition partnership agreement aimed at improving the maritime industry’s readiness for the deployment of alternative marine fuels.The partnership combines…

U.S.-India Trade Pact Could Cut Russian Oil Exports 25%

Feb 03, 2026

'In 2025, India’s oil imports from Russia made up 33% of the country’s total seaborne oil imports and 25% of Russia’s seaborne oil exports. A new trade agreement between the US and India could, according to US President Donald Trump, put an end to that trade…

LNG Shipping’s Long-Term Outlook Remains Positive

Feb 02, 2026

The UP World LNG Shipping Index gained 4.05% last week, closing at 182.36 points and exceeding the 180-point mark for the first time in its history. The S&P 500 rose 0.3% over the same period.Trading activity was robust, with volume well above average and a 15:4 ratio of rising to falling stocks…

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Feb 02, 2026

Chicago Board of Trade soybeans, wheat and corn futures fell on Monday, tracking a slump in broader commodities markets, particularly falling crude oil prices.Chicago Board of Trade most-active soybeans settled down 4 cents to $10.60-1/4 a bushel…

Mecad USA Selects Oklahoma’s Port of Catoosa for US Headquarters

Feb 02, 2026

Mecad USA announced that it has chosen the Tulsa Port of Catoosa for its U.S. operations, making an investment that is projected to create nearly 300 new jobs in northeastern Oklahoma. The company will leverage recent state policy advances—most…

GTT Receives LNG Carriers Tank Design Order From HD KSOE

Feb 02, 2026

GTT announced that it has received, in early 2026, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of four new Liquefied Natural Gas Carriers (LNGCs).The LNGCs will be built by the shipyard HD Hyundai Heavy Industries…

Columbia Group Appoints Prevention at Sea as Compliance Partner

Feb 02, 2026

Columbia Group has selected Prevention at Sea (PaS) as its strategic compliance partner and will deploy the MORSE digital compliance platform across its entire managed fleet.The partnership between Columbia Group and PaS will strengthen digital…

Contecon Manzanillo Surpasses 12 Million TEUs

Feb 02, 2026

Contecon Manzanillo, International Container Terminal Services, Inc.’s (ICTSI) subsidiary operating the Specialized Container Terminal II in the Port of Manzanillo, Mexico, has handled a cumulative volume of more 12 million twenty-foot equivalent units (TEUs) since starting operations in 2013…

Hydrex Conducts Underwater Repair of Bent Container Ship Propeller

Feb 02, 2026

In December, Hydrex demonstrated their ability to mobilize anywhere in the world, carrying out a complex underwater propeller repair on a container vessel at anchorage off Pointe Noire, Republic of Congo.Following reports of a possible grounding incident…

HHLA Container Terminal Orders Eight Hybrid Konecranes Straddle Carriers

Feb 02, 2026

As part of its strategy to reduce fuel consumption and tailpipe emissions, HHLA Container Terminal Tollerort GmbH in Hamburg has ordered eight hybrid Konecranes Noell NSC 644 EHY Straddle Carriers. The deal was booked in Q4 2025 and the units are expected to be in service by the end of 2026…

Wallenius Wilhelmsen Begins Operating Port of Gothenburg Car Terminal

Feb 02, 2026

Wallenius Wilhelmsen has started operating the Port of Gothenburg car terminal – now named “Gothenburg International Auto & RoRo Terminal” (GIART). With the terminal, the company aims to develop a regional hub and enhance its logistics network as well as the port’s capacity to deliver efficient…

DNV Alternative Fuel Vessel Orders for January 2026

Feb 02, 2026

According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, a total of 20 new orders for alternative-fueled vessels were placed in January 2026.  Activity continues to be dominated by LNG-fueled container vessels, which accounted for 16 of these orders…

Lloyd’s Register Issues First Guidance for Onboard Hydrogen Generation

Feb 02, 2026

Lloyd’s Register (LR) has published the maritime industry’s first dedicated Guidance Notes for onboard hydrogen generation, providing clarity on the safe design and integration of hydrogen generator technologies on ships.The new Guidance Notes respond directly to growing interest from shipowners…

Port of Tyne Appoints Elaine Scott as Director of Innovation

Feb 02, 2026

The Port of Tyne has announced the appointment of Elaine Scott as its new Director of Innovation. Following her promotion from Innovation Partnerships Manager, Elaine will lead the Port’s sustainable innovation agenda and run the National Maritime Innovation Hub…

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

Feb 02, 2026

China-based offshore wind foundations manufacturer Dajin Heavy Industry and Spanish industrial group Zima Equity Investments have signed a memorandum of understanding (MoU) to jointly develop an offshore wind foundations manufacturing facility at the Port of Gijon in Asturias…

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