Frontline plc (NYSE and OSE: FRO) entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel.“We are in unprecedented times, and these are charter-out-levels not seen for decades,' said Lars H. Barstad, CEO, Frontline Management AS. 'Frontline remains largely spot exposed after these contracts become effective…
As Americans do each year, with 2026 just the same, we are hopeful for a more promising year, with better outcomes and calmer seas. But for construction of the Nation’s inland waterways lock and dam infrastructure, there is a strong sense of urgency like never before…
Guillaume Sauzedde has assumed the role as Maersk’s Regional Managing Director for the Europe region.The French national with over 25 years’ experience in the logistics industry is no stranger to the employees and customers in Maersk’s largest region…
Terminal de Contenedores de Yucatán, S.A. de C.V. (APM Terminals Yucatán) has ordered two Konecranes Gottwald ESP.7 Mobile Harbor Cranes, each configured to match with the local infrastructure and equipped with an external power supply to support the terminal’s decarbonization strategy…
ABB has signed contracts with Rotterdam Shore Power (RSP) to engineer and construct what is expected to be the world’s largest shore power system by capacity at the Port of Rotterdam.The system will provide over 100 megavolt-amperes (MVA) of…
