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Contracts News

 

ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries

Aug 21, 2026

American Roll-On/Roll-Off Carrier Group Inc. (ARC Group) announced that it has been awarded an indefinite delivery/indefinite quantity contract by the Federal Emergency Management Agency (FEMA) to provide national “cross-dock” and incident base support during emergencies and disaster response operations. Under the contract (No. 70FB7026D00000002), ARC will provide logistics capabilities that help FEMA position and rapidly deliver critical…

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

Aug 21, 2026

Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data…

SOHAR Port Cargo Throughput Jumps 52% in First Half of 2026

Aug 19, 2026

SOHAR Port and Freezone in Oman reported a sharp increase in cargo activity during the first half of 2026, handling 52 million metric tons, up 52% compared with the same period last year.Container throughput increased 40% to 545,000 TEUs, primarily on higher transshipment volumes…

Iraq to Export Crude via Multiple Outlets

Aug 18, 2026

Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialized international and local companies and via multiple export outlets, the government said on Tuesday.The contracts under the new mechanism will run for three months starting September 1…

Soybeans Futures Rise on US Yield Doubts While Wheat Steadies

Aug 18, 2026

Chicago Board of Trade soybean futures rose for a third straight session on Tuesday as weather reports and crop data raised concerns about prospects for this year's harvest yields in the U.S. Midwest, analysts said.Firm crude oil and a wave of Chinese demand for U…

European Wheat Rises as Black Sea Disruptions Persist

Aug 14, 2026

Euronext wheat rose on Friday to post a weekly gain as a Ukrainian attack on a Russian Baltic port and Moscow's rejection of a possible Black Sea truce intensified concern over reduced exports from Russia and Ukraine.December wheat, the most-active position on Euronext…

AD Ports Group Reports Strong Q2

Aug 14, 2026

AD Ports Group reported record second-quarter results for 2026, with strong growth in its Maritime & Shipping business and higher freight rates helping offset significant disruption to UAE port volumes stemming from conflict in and around the Strait of Hormuz…

EU Wheat Pares Gains As Ukraine Proposes Black Sea Truce

Aug 13, 2026

Euronext wheat pared gains in choppy trading on Thursday to come off a two-week high as a Reuters report that Kyiv had proposed a truce in attacks on civilian targets in the Black Sea tempered concerns about disruption to massive Russian and Ukrainian wheat exports…

OpenTug, Blessey Marine Services to Implement BargeOS Invoice Solution

Aug 12, 2026

OpenTug announced a strategic collaboration with Blessey Marine Services, Inc., a provider of inland marine transportation solutions, to modernize voyage invoicing through BargeOS. By implementing BargeOS Invoice Intelligence, Blessey will connect…

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Aug 12, 2026

Bangladesh is turning to the United States for a long-term liquefied natural gas supply deal as it seeks to shore up energy supplies amid disruptions in global gas markets caused by the U.S.-Israeli conflict with Iran.The government on Wednesday approved the purchase of 117 LNG cargoes from U…

Shuttle Tankers: A Distinct Vessel Breed, a Niche Market

Aug 12, 2026

A wave of new investment in dedicated shuttle tankers has been spurred by the age profile of the existing fleet coupled with surging developments in the Brazilian offshore market.Constituting a specialized asset class, dynamic positioning (DP)…

European Wheat Prices Extend Losses Amidst Black Sea Truce Talks

Aug 11, 2026

Euronext wheat prices extended losses on Tuesday to the lowest level since mid-July as market rumours of talks to halt attacks on vessels in the Black Sea eased concerns about a squeeze on Russian and Ukrainian exports.Sluggish demand for Western European wheat…

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Aug 06, 2026

Euronext wheat fell on Thursday as hefty global supplies cooled concerns over war disruption to Black Sea export flows, traders said.December wheat on Euronext was down 1.7% at €227.75 ($262.23) a metric ton by 1623 GMT, giving up gains from Wednesday when it had rebounded from a three-week low…

HD Hyundai to Supply Four Port Cranes to Tacoma

Jul 27, 2026

HD Hyundai has signed a contract with Washington United Terminals Inc. (WUT) to supply four port cranes to the Port of Tacoma.The contract was signed as part of a terminal modernization project to replace aging cranes at WUT, the U.S. subsidiary of HMM…

Logistics News

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

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Merz: Germany will soon reveal who is behind the attempted drone attack at an airport
Sources say that Russia will extend the ban on diesel exports through September.
Lockerbie Bombing Trial postponed days before its start by US Judge