Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping during the Middle East war, grain shipment problems in the Black Sea and high demand for safe-haven assets such as gold.Oil, natural gas, food and metals prices all rose sharply this year as global shocks mounted, the World Bank said in its latest Commodity Markets Outlook…
Ports of Indiana-Burns Harbor has been awarded $11.2 million through the U.S. Department of Transportation's Maritime Administration (MARAD) Port Infrastructure Development Program (PIDP) to modernize its cargo handling, including the specialized…
The American Association of Port Authorities (AAPA) congratulates the 35 award recipients of the Maritime Administration's (MARAD) Port Infrastructure Development Program (PIDP) grants from the Fiscal Year 2026 (FY26) application cycle.This year…
Broward County’s Port Everglades has been awarded $30.75 million through the Maritime Administration (MARAD)’s Port Infrastructure Development Program (PIDP) in an announcement made today by U.S. Transportation Secretary Sean P. Duffy. The grant…
Asia's imports of liquefied natural gas are likely to rise to a three-month high in October despite the surge in spot prices to the most in almost four years.October arrivals in the top-importing region are estimated at 23.31 million metric tons…
Windward intelligence report highlights tanker and tug attacks, threats to subsea cables, an emerging oil spill and a sanctioned Russian tanker testing U.S. naval restrictions.Maritime security risks across the Strait of Hormuz, Arabian Gulf…
Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated British Ports (ABP) to a fund managed by IFM Investors, in a deal expected to close in the first half of 2027.Under the agreement announced on October 21…
Russian wheat export prices rose last week amid a firmer Black Sea market, while increased grain shipments helped halt a decline in domestic prices, analysts said.Consultancy IKAR said that, by the end of last week, export prices for wheat with 12…
Key findingsComparing schedule versions received from 18 September to 8 October 2026, HiFleet found that Shanghai calls remain a key focus of service revisions by several liner operators, and that reinstatements continue to outnumber omissions…
Marsa Maroc has selected a Liebherr LPS 550 portal slewing crane for bulk cargo operations at the Port of Casablanca, marking the first deployment of Liebherr's LPS crane series in Africa.The rail-mounted crane, which is set to enter service at the Moroccan port…
Crowley and Junior Achievement Americas (JAA) are expanding career opportunities for students in Puerto Rico, helping connect young people with careers in maritime transportation, logistics and supply chain management vital to the island's economy…
Russian wheat export prices fell last week in line with global markets, and analysts are revising their estimates for shipments from Russia in September upwards, although they remain at multi-year lows.According to consultancy IKAR, export prices for wheat with a 12…
The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta Chief Analyst.Data highlightsMarket…
Planned new U.S. sanctions on Iran and the UAE's halt on Tehran trade could severely disrupt Indian exports of rice, tea and pharmaceuticals to Iran, which have been largely routed through Dubai's port in recent years, Indian exporters said on Monday…
SOHAR Port and Freezone in Oman reported a sharp increase in cargo activity during the first half of 2026, handling 52 million metric tons, up 52% compared with the same period last year.Container throughput increased 40% to 545,000 TEUs, primarily on higher transshipment volumes…
