Venezuela's oil exports rose slightly to 1.25 million barrels per day in May, its third consecutive month of increase, fueled by more cargoes to the U.S., India and Europe, shipping data showed on Monday.Under the U.S.-supported government of interim President Delcy Rodriguez…
Russian wheat export prices held firm last week, supported by a strong rouble and a continued reluctance by farmers to sell, although analysts expect a drop in export shipments in June.The price of Russian wheat with 12.5% protein content for…
Schottel is expanding its international network with the establishment of a new subsidiary in India. With Schottel India Sales and Service Private Limited, the German propulsion company is further strengthening its presence in a rapidly developing…
Two new quay cranes (QC) that recently arrived at Baltic Container Terminal (BCT) have boosted the Port of Gdynia’s capabilities. The QCs are part of an investment program carried out by BCT in cooperation with the Port of Gdynia Authority to…
Kristian Durhuus will assume the position of CEO of Copenhagen Malmö Port (CMP) on June 1, 2026.Kristian Durhuus brings a strong leadership and commercial background, most recently serving as CEO of Molslinjen A/S and Øresundslinjen AB, as well as COO at Copenhagen Airports A/S…
The Baltic Exchange's dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest level in about two and a half years on Thursday, buoyed by strong rates across all vessel segments.The main Baltic index…
Brazil's wheat imports are forecast to grow in 2026 as its own crop area declines due to higher costs linked to the Iran war and uncertainty over the impact of an expected El Nino weather event, industry experts said.While imports will grow…
Methanol has been in the news this week with the announcement by Jumbo of a contract with Dajin Heavy Industry for the construction of two methanol-ready heavy lift vessels and with Sanmar’s announcement that the world's first dual fuel methanol…
Zinus has been awarded its first-ever contract in Australia by UGL Transport with the end customer being Transport for NSW for a charging tower installation at the iconic Barangaroo Wharf in Sydney.Under the contract, Zinus will deliver its fully autonomous DC Charging Tower…
Cemex US and Port Tampa Bay, joined by Tampa Mayor Jane Castor, have celebrated the opening of the newly expanded Cemex Aggregate Terminal at Port Tampa Bay.The expansion, supported by a $29 million Cemex investment and a $7 million Florida Department of Transportation grant…
The Port Infrastructure using Novel Energy Storage (PINS) project has successfully explored solutions to help UK ports and harbors overcome grid limitations and high connection costs, vital for the electrification of vessels. Focusing on pilot sites in Cowes…
In response to the increase in reported cases of seafarer abandonment, the World Maritime University (WMU) has launched a large-scale research initiative titled Seafarer Abandonment: A focused investigation into regulatory implementation.Funded by The TK Foundation…
'The Strait of Hormuz has been effectively closed for three months, trapping hundreds of ships and thousands of seafarers in the Persian Gulf while significantly reducing global seaborne tanker volumes,” says Niels Rasmusssen, Chief Shipping Analyst at BIMCO…
Lloyd’s Register (LR) is launching its Future Navigators Schools Programme pilot in Lagos, Nigeria, aimed at inspiring young people to explore maritime and STEM (Science, Technology, Engineering and Mathematics) careers through in-person interactive workshops and a bespoke mobile game…
Brent Moore, P.E., M.ASCE, has been named HDR’s waterfront infrastructure director, leading the firm’s delivery of technical services on port and waterfront infrastructure across North America. HDR’s waterfront infrastructure practice supports multiple markets whose work interfaces with marine…