UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…
Descartes Systems Group has released its May Global Shipping Report which found that U.S. container imports decreased by 3.2% in April 2025, as trade uncertainty and geopolitical risks persist.In April 2026, U.S. container import volumes decreased by 3…
MISC Group (MISC) named two new generation Liquefied Natural Gas (LNG) carriers, Seri Dian and Seri Dayang, on May 7, 2026. The addition of these vessels further strengthens its long-standing partnership with SeaRiver Maritime LLC (SRM), a wholly owned subsidiary of ExxonMobil…
It was March that South Korea’s LOTTE Fine Chemical announced that it has successfully completed the world’s first commercial cross-border import of green ammonia. Then on April 23, the Ulsan Port Authority announced the successful completion…
Coal shipments to Japan, South Korea and the European Union rose 27% year-on-year in April as tight gas supplies and disruption to LNG shipments prompted buyers to seek alternative fuel sources for electricity generation, shipping association BIMCO said…
The Transportation Institute (TI), representing U.S.-flag American shipping companies, announced the appointment of Sara Fuentes as President of the organization. Fuentes previously served as the organization’s Vice President for Government…
The Coast Guard is standing up the Special Missions Command to oversee its deployable specialized forces. The command will enhance the operational effectiveness of the Coast Guard in responding to a wide range of national emergencies and events…
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed along its quay.Dozens of loaded trucks lined up near the port and others parked outside waiting their turn…
Iron ore shipments on the Great Lakes totaled 3.9 million tons in April, an increase of 5.3 percent compared to 2025. Shipments were 9.4 percent below the month’s 5-year average. Year-to-date, the iron ore trade stands at 6.8 million tons,…
Introduction. Looking back at history one could argue that it was French author Jules Verne in his book “20,000 Leagues Under the Sea”, published in 1869, who was speculating about a new power source much in the same out of the box thinking that H…
Express Global announces the opening of its new office in Singapore, marking a step forward in the continued expansion of the Cosulich Logistics brand across the Asia Pacific region.The new branch strengthens Express Global’s presence in one of the world’s most strategic logistics hubs…
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 38 new orders for alternative-fueled vessels were placed in April 2026.The majority of these orders (20) were for LNG-fueled vessels. Eight of these were for vessels in the car carrier segment…
Oil transportation and storage company Sentinel Midstream said on Tuesday it would immediately begin construction of its deepwater oil export project off the Texas coast, marking the first development of a large-scale export project in the United States in years…
U.S. President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing progress toward a comprehensive agreement with Iran.'We have mutually agreed that, while the Blockade will remain in full force and effect…
Chicago wheat, corn and soybean futures edged lower on Tuesday, snapping a two-session rally amid a slew of profit-taking and farmer selling, with easing crude oil prices also pressuring grains and soybeans, analysts said.Most-active Chicago Board of Trade soybeans were down 10-3/4 cents to $12…
