Contracts News

 

Zinus to Support New London State Pier Shore Power Project

Apr 13, 2026

Zinus Power LLC has announced that it has been awarded a contract by the Connecticut Port Authority to support the initiatives of the New London State Pier Shore Power Project.Zinus’ deliveries will introduce extended shore power capabilities and connections to vessels through battery-powered mobile shore power cable management systems. Delivery is scheduled for late Q4 2026.As part of Zinus’ commitment to domestic value creation…

First LNG Export Cargo Departs Sabine Pass Terminal

Apr 22, 2026

Golden Pass LNG, a joint venture between QatarEnergy and U.S. oil major Exxon Mobil, said on Wednesday that the first cargo of liquefied natural gas has departed from its new Sabine Pass terminal in Texas.Shipping data showed that the vessel…

Baltic Exchange Considers Amending Methodology for Middle East Benchmarks

Apr 20, 2026

The Baltic Exchange, which tracks and assesses freight rates, on Monday proposed amending its methodology on all Middle East benchmarks, citing the escalating geopolitical disruption in the Strait of Hormuz and the wider Middle East region,…

Construction Begins on Port Hedland Seafarers Centre

Apr 19, 2026

Construction has started on a new Seafarers Centre at the Port of Port Hedland in Australia.Benchmark Construction and Building has been awarded a contract to construct the new center which will be a welcoming space for seafarers visiting Port Hedland and will include areas for rest…

Hazardous Cargo Compensation Regime Close to Entry into Force

Apr 15, 2026

Four States deposited their instruments of ratification of the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 2010 (2010 HNS Convention), bringing the treaty’s entry into force a step closer…

Grieg Maritime Group to Install Jet Sails on Fleet

Apr 09, 2026

Grieg Maritime Group has signed a contract with GT Wings to install at least two of their AirWing20 on their fleet.Energy efficiency will be crucial for both climate action and commercial success going forward. Waiting for new fuels and new ships will not be enough to succeed…

Stolt-Nielsen Navigates Rising Uncertainty in 1Q26

Apr 09, 2026

Stolt-Nielsen Limited opened 2026 with a solid—if more tempered—financial performance, underscoring both the resilience of its diversified logistics portfolio and the mounting pressures facing global chemical shipping markets.The London-based group reported first-quarter revenue of $716…

Tanker Vessel Futures Fly High on Demand

Apr 09, 2026

'By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted…

CK Hutchison's Panama Unit Files Arbitration Against Maersk

Apr 07, 2026

Hong Kong-based conglomerate CK Hutchison's Panama unit has launched an arbitration against Maersk after the takeover of two strategic ports near the Panama Canal which are at the center of a legal battle that has embroiled Beijing and Washington…

Gulf Coast Shipbuilding is the Anchor for America’s Maritime Comeback

Apr 06, 2026

The future of shipbuilding and maritime competitiveness will be featured at the Maritime Risk Symposium 2026, hosted by the Institute for Homeland Security, Sam Houston State University. On June 2–3 at LyondellBasell Center for Petrochemical…

Logistics News

BIMCO Adopts Time Charter Party to Target Emerging CO2 Trade

BIMCO Adopts Time Charter Party to Target Emerging CO2 Trade

Vale to Double Iron Ore Carrier Fleet

Vale to Double Iron Ore Carrier Fleet

Asia Pacific Ports Collaborate Cross-Sector to Advance Hydrogen, E-Fuel Readiness

Asia Pacific Ports Collaborate Cross-Sector to Advance Hydrogen, E-Fuel Readiness

Russia Adds Four LNG Carriers to Fleet

Russia Adds Four LNG Carriers to Fleet

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