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Contracts News

 

Ferries: A Boost to Japan’s Long-Haul Ferry Fleet

Feb 19, 2026

Long-distance ferry routes form a key part of Japan’s national transport infrastructure, connecting the archipelago’s four major islands and littoral centers of population, commerce and industry.RoRo passenger (RoPax) ferry fleet renewal and development has been a constant process over the past two decades in particular, driven largely by freight demand in combination with the pursuit of cost efficiencies and in response to new legislative edicts and rising customer expectations…

Xeneta Weekly Ocean Container Shipping Market Update: February 27, 2026

Feb 27, 2026

Peter Sand, Xeneta Chief Analyst:“The recent tariff ruling by the US Supreme Court will have knock-on impacts for ocean container shipping, but this will be nuanced and unlikely to cause a huge increase in frontloading demand, even though tariffs…

Panama Canal Port Workers Threatened with Prosecution After Contract Anulments

Feb 24, 2026

Hong Kong conglomerate CK Hutchison said on Tuesday Panama authorities had threatened its employees with criminal prosecution if they refused to leave two strategic canal ports at the centre of a legal battle that has embroiled Beijing and Washington…

Dajin Signs Up Polish Shipyard for Nordseecluster B Foundation Kits

Feb 24, 2026

Dajin Offshore has signed a $13.1 million contract with Poland’s state-owned Szczecin Shipyard Wulkan to fabricate at least 40 ready-to-install internal platform sets for foundations for the Nordseecluster B offshore wind project in the German North Sea…

CK Hutchison Concessions Annulled for Two Ports Along the Panama Canal

Feb 23, 2026

Hong Kong conglomerate CK Hutchison said on Tuesday Panama authorities had threatened its employees with criminal prosecution if they defied orders to leave two strategic canal ports at the centre of a legal battle that has embroiled Beijing and Washington…

CMA CGM Signs Vessel Order, Launches R&D Hub in India

Feb 18, 2026

At gathering in New Delhi in the presence of Shri Shantanu Thakur, Minister of State at the Ministry of Ports, Shipping and Waterways, and the CMA CGM Group’s Chairman and CEO Rodolphe Saadé, the group reinforced its commitment to India. During the visit of its global leadership in India…

Costamare Dry Bulk Spin-Off Spurs Solid Result

Feb 18, 2026

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…

ZIM Workers Strike Over Hapag-Lloyd Takeover

Feb 17, 2026

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…

India OKs Ag Exports to Placate Farmers

Feb 13, 2026

India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington…

Short-Term Tanker Market Shaken Up by Geopolitics

Feb 11, 2026

McQuilling Services has released its 29th anniversary edition, 2026-2030 Tanker Market Outlook with the theme: “You Can’t See the Forest for the Trees.”The report frames the outlook for crude tankers over the next five years. Structural forces (the “forest”) including: 1) macroeconomic conditions…

European Wheat Prices Edge Up as the Euro Falls, Rise in Chicago

Feb 11, 2026

European wheat edged higher on Wednesday, mainly supported by a fall of the euro against the dollar, making it more competitive on world markets, and a rise in Chicago.Front-month March milling wheat on Paris-based Euronext, settled at 190.50 euros ($226…

Logistics News

Saudi Arabia Tries to Divert Oil to Red Sea

Saudi Arabia Tries to Divert Oil to Red Sea

London Marine Insurance Market Widens Risk Zone in Middle East

London Marine Insurance Market Widens Risk Zone in Middle East

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

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