The Massachusetts Port Authority (Massport) announced the appointment of Charlie Cunnion as Port Director. Cunnion brings over 25 years of leadership experience across global transportation, supply chain management, operations, organizational transformation, and strategic planning. Most recently, he served as Vice President of Supply Chain and Customer Service for CMPC Forest Products North America…
GT Wings has announced the latest addition to its wind-assisted propulsion product range, AirWingS, a new compact and lightweight Jet Sail developed to address the operational requirements of smaller commercial vessels.The new design expands…
As President and CEO of Jotun, the world’s leading provider of marine coatings, Morten Fon follows the industry closely. But he doesn’t let today’s headlines determine the company’s long-term growth strategy.In 2026, Jotun not only celebrated its 100th anniversary…
'During the first nine months of 2026, clean product volumes loaded on LR2 tankers fell 28% year-on-year following disruptions in the Strait of Hormuz. Despite the lower volumes, tonne-mile demand increased 2% year-on-year,” says Niels Rasmussen…
Michelle Awad, K.C., has been elected to the position of Vice-Chair of the Halifax Port Authority Board of Directors. Her appointment takes effect immediately. She has served on the Board since 2021 as the Director appointed by the Halifax Regional Municipality…
Russia imported more than 176,000 tons of petroleum products from South Korean ports in July and August, easing the impact of a fuel crisis caused by Ukrainian drone strikes on Russian oil refineries, Ukraine's top sanctions official said on Tuesday…
Construction begins on Wednesday of a $16 billion Kenyan oil refinery aimed at lowering East Africa's fuel costs and saving the region hard currency used to import refined products.Aliko Dangote and Kenyan President William Ruto broke ground on the site…
Marsa Maroc has selected a Liebherr LPS 550 portal slewing crane for bulk cargo operations at the Port of Casablanca, marking the first deployment of Liebherr's LPS crane series in Africa.The rail-mounted crane, which is set to enter service at the Moroccan port…
'During the first three quarters of 2026, US dry bulk shipments to China have grown 104% y/y, driven by a 176% y/y increase in the shipment of grains. Volumes between the two countries weakened in 2025 amid rising trade tensions and higher tariffs…
Trade activity across the Houston Ship Channel region showed strength across several key sectors, with energy exports driving regional tonnage growth and Port Houston seeing gains in steel and container imports.Crude oil exports through the Houston Ship Channel are up 40% this year…
Russia's seaborne oil product exports rose 16.4% month-on-month in August to 4.57 million metric tons, as some domestic refineries completed unplanned maintenance, according to industry sources and Reuters calculations.Fuel exports, mainly naphtha and fuel oil…
Commodity vessel transits through the Strait of Hormuz dwindled to just three ships on Wednesday, down from 12 a day earlier and well below the 10-day average of about 17, preliminary ship-tracking data showed on Thursday.The figures exclude…
Kuwait Petroleum Corp is offering the option of ship-to-ship transfers of its crude oil and petroleum products outside the Strait of Hormuz to its buyers for safe transportation to final destinations, a company official said on Wednesday.'We…
Lloyd's Register (LR) and the Marine Design and Research Institute of China (MARIC) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia…
OceanWings has received an Approval in Principle (AiP) from ClassNK covering its Rigid Fixed (RF) and Rigid Tiltable (RT) wingsails. The approval was presented during an official ceremony at SMM in Hamburg on September 2, 2026.Building on the initial AiP granted by ClassNK in 2025…
