Ahead of the start of construction work on the new Ravano Terminal, La Spezia Container Terminal (LSCT) has signed contracts for the supply of four ship-to-shore cranes and 18 yard cranes, RTGs and RMGs, representing a total investment of USD$104.77 million (90 million euros). The supply agreement has been awarded to a leading Chinese manufacturer; delivery is scheduled to take place within the next 24-28 months…
Euronext wheat rose further on Thursday to set another one-month high as the market remained focused on the risk of prolonged disruption to Russian and Ukrainian exports due to an escalation in the war.December wheat, the most-active contract on Euronext…
Chicago wheat futures rose to a three-year high on Thursday, extending the previous session's limit-up rally, as reports that Russia may intensify strikes on Ukraine fueled fears of prolonged disruptions to the massive Black Sea grain trade…
Chicago corn and wheat futures set fresh multi-year highs on Wednesday as falling expectations for U.S. corn yields and ongoing disruption to Black Sea grain exports maintained uncertainty over global availability.Soybeans were steady as support from corn was tempered by a slide in crude oil…
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…
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 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'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…
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…
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 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…
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 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 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…
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)…
