Latest News - page 38

 

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Nov 05, 2025

St. Catharines, Ontario–based Algoma Central Corporation (TSX: ALC) reported a solid third quarter for 2025, marked by fleet milestones, steady revenue growth across segments, and ongoing investment in next-generation vessels.For the quarter ended September 30…

Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses

Nov 05, 2025

Anglo-Eastern Univan Group introduced its methanol bunkering simulator in October, developed in collaboration with Wärtsilä, a system that delivers both theoretical and practical training for the safe handling of methanol as a marine fuel. This…

Matson Paid $6.4 million in Port Fees to China

Nov 04, 2025

U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months…

Suez Canal Revenues Rise as Red Sea Tensions Ease

Nov 04, 2025

Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Nov 04, 2025

Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

Nov 04, 2025

The Port of Oakland has announced two achievements in its pursuit to become an environmentally-conscious port.In 2024, a record 86% of the electricity the Port provided to tenants and facilities came from renewable and zero-carbon sources; and…

DFDS to Sell Freight Ferry for Fleet Optimization

Nov 04, 2025

DFDS has entered an agreement to sell the freight ferry (RoRo) Cappadocia Seaways as a part of DFDS’ ongoing fleet optimization.After more than 23 years of service, DFDS is selling the freight ferry Cappadocia Seaways, following an evaluation…

AD Ports Group Signs Agreements with Nimex Terminals to Establish LNG, LPG Terminal Hubs at Khalifa Port

Nov 04, 2025

In a step toward strengthening the United Arab Emirates’ position as a global energy hub, AD Ports Group, a leading enabler of global trade, logistics, and industry, and Nimex Terminals, have signed two long-term agreements that will position…

AST Networks Unveils MODULA Connectivity Solution

Nov 04, 2025

AST Networks, satellite and remote connectivity specialists, have announced the launch of MODULA, a flexible and fully scalable modular approach to hybrid connectivity, designed to give maritime, offshore, and remote land-based customers the…

Pakistan Cancels 21 Eni LNG Cargoes to Curb Excess Imports

Nov 04, 2025

Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy's Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources…

CMA CGM to Register 10 Vessels Under French Flag Following Scrutiny at Home

Nov 04, 2025

CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's debt-stricken economy.CMA CGM, the world's third-largest container shipping line…

Fully Automated Multilevel Vehicle Parking System to Be Constructed at the Port of Zeebrugge

Nov 04, 2025

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 Releases Financial Results for Q2 FY2025

Nov 04, 2025

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 Names Taylor to Leading Vessel Design Spot at Newport News Shipbuilding

Nov 04, 2025

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…

Panama Canal Bets on LPG Transits

Nov 03, 2025

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…

Current News

LA Releases Draft Environmental Impact Statement for Berth Redevelopment

EU Doesn’t See Risks to Oil and Gas Supply Yet

US Officials Predict Quick End to Iran War

Built on the Rivers: Aimee Andres and the Expanding Role of America’s Inland Ports

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