Saudi Arabian shipping company Bahri reported a sharp increase in third-quarter and nine-month earnings for 2026, benefiting from higher very large crude carrier (VLCC) freight rates, increased chartering activity and shifting trade patterns amid continued disruption in the Arabian Gulf and Red Sea.Net profit for the first nine months reached SAR 9.98 billion ($2.66 billion), up 587% year-on-year, on revenue of SAR 26…
The ports of Los Angeles and Long Beach have released a report identifying clean marine fuels for oceangoing vessels and outlining steps to support their use at the nation’s busiest port complex.Conducted as part of the ports’ joint Green Shipping Corridor efforts…
Speedcast, a global communications and IT services provider and Tier 1 Starlink Enterprise Account leader, and Soya IT Marine Solutions have completed the deployment of upgraded digital connectivity solutions on 41 roll-on/roll-off (RoRo) vessels for global shipping and logistics company…
German defense contractor Rheinmetall and Swiss shipping company MSC have won an auction to acquire Romania's Mangalia shipyard for approximately $155 million (€138 million), with plans to develop the facility for both commercial and military shipbuilding…
The jump to record highs in the cost of shipping oil in supertankers is squeezing profit margins for Asian oil refiners, who are heavily dependent on Middle Eastern crude, the International Energy Agency said in a monthly report.Asian oil refiners…
90POE (Ninety Percent of Everything) launched Crew Docs AI, an AI document check built into the passport verification workflow of OpenOcean STUDIO Crew. Crew Docs AI reads each passport as it is uploaded, compares it with the crew record and flags only the fields that need a second look…
Key findingsComparing schedule versions received from 18 September to 8 October 2026, HiFleet found that Shanghai calls remain a key focus of service revisions by several liner operators, and that reinstatements continue to outnumber omissions…
The American Association of Port Authorities (AAPA) is proud to announce the 2026 Lighthouse Awards winners. AAPA’s Lighthouse Awards are an annual tradition that highlight exceptional port projects that exemplify hard work, innovation, and the pursuit of excellence…
NYK shared the NYK Group's initiatives toward the practical deployment of ammonia-fueled vessels during the 12th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 12), held at the headquarters of the International Maritime Organization (IMO) in London from September 14-18…
The cost of insuring an oil tanker loaded from Saudi Arabia's main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer's struggles to find a viable channel for its exports.Saudi Arabia…
Key findingsInternational media continue to report on container port congestion in Shanghai and Ningbo. Comparing schedule data received from 4 to 15 September 2026, HiFleet found that Shanghai calls were a key focus of service revisions by several liner operators…
NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17…
SGMF has published its latest Life Cycle Assessment (LCA) on methanol as a marine fuel, highlighting the greenhouse gas (GHG) reduction potential of renewable and synthetic methanol production pathways.The study evaluates 15 methanol production…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
Russia hammered Ukrainian ports, industrial sites and retailers' distribution facilities with missiles and drones in an hours-long attack on Kyiv and other cities that was partly repelled, Ukrainian officials said on Thursday.Commuters went…
