Marcura has acquired Shipdem, a UK-based specialist in chemical tanker laytime and demurrage, from its parent company, Casper Shipping. Shipdem brings expertise in chemical tanker demurrage, where operational complexity and contractual nuance…
The new Liebherr BOS 45000 crane has been acquired by Eunsung O&C Co., Ltd., known for its expertise in ground improvement, foundation engineering and complex onshore and offshore infrastructure projects. The BOS 45000 will equip a jack-up barge…
In its Q4 and full-year 2025 earnings release, the Monaco-based containership owner posted full-year 2025 adjusted net income from continuing operations of $375.6 million, or $3.12 per share. Net income from continuing operations available to common stockholders totaled $371…
Samskip has announced an agreement with short sea shipping and multimodal operator CLdN to sell its UK and Ireland (UKI-trade) door-to-door and quay-to-quay cargo business.The transaction will enable Samskip to focus even more on the company’s…
NOAA has installed a Physical Oceanographic Real-Time System (PORTS®) in Boston Harbor. The system includes observational equipment at MassPort’s Conley Terminal and on the Tobin Memorial Bridge.The Boston Harbor PORTS, established in partnership…
Exports from the Port of Los Angeles, the busiest U.S. gateway for ocean trade, fell 8% in January to the lowest monthly output in nearly three years, Executive Director Gene Seroka said on Tuesday.'Exports to China look dismal,' Seroka said after the Port of Los Angeles handled 104…
Workers at ZIM Integrated Shipping Services stopped all work on Tuesday, stepping up a strike to press for job security guarantees after Germany's Hapag-Lloyd said it would buy the Israeli shipping company for $4.2 billion.About 800 unionized employees of a total of 1…
A UK maritime agency said that an incident involving a vessel and small boats around 70 nautical miles southwest of Yemen's port of Aden on Tuesday had been downgraded to 'suspicious activity' as only warning shots were fired.The United Kingdom Maritime Trade…
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…
