After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapse—but recalibrate.According to Veson Nautical’s 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption, tightening environmental regulation and growing uncertainty over future fuel pathways. Red Sea instability continued to distort global trade flows…
W.S. Darley & Co., a provider of firefighting, emergency, and defense equipment, has announced a decade-long succession plan with the appointment of Lee Wise as its new President effective January 1, 2026. Lee Wise succeeds Paul C. Darley, who has served in the role for 30 years…
Product tankers shipowner d’Amico International Shipping S.A. said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a shipbuilding contract with Guangzhou Shipyard International Company Limited (China) for two new Medium Range 1 (MR1 – 40…
Ukrainian drones hit a tanker in the southern Russian port of Rostov-on-Don, killing and injuring a number of people and sparking a fire, the city's mayor was quoted as saying early on Thursday.'Emergency teams are extinguishing the fire on the tanker that was struck while docked in a drone attack…
Ports of Indiana has hired Kent Ebbing to lead a Foreign-Trade Zone (FTZ) initiative supporting the growth of global trade in Indiana. Ebbing joins Ports of Indiana as Foreign-Trade Zone Director, following a 27-year tenure as General Manager…
Heidelberg Materials Northern Europe has taken a decisive step toward low-emission coastal logistics with the development of a next-generation methanol-powered cement carrier, an 80% emissions-cutting vessel that could redefine short-sea bulk operations in Scandinavia…
Yara and Air Products have advanced negotiations to partner on low-emission ammonia projects.Yara has matured a project portfolio for potential investment in cost competitive US ammonia to diversify its energy position and increase competitiveness of its European nitrate production…
The UK Marine Accident Investigation Branch (MAIB) has published its preliminary assessment of a cargo fire on the bulk carrier Atlay on June 27, 2025.The Marshall Islands registered vessel was loading scrap metal into its aft cargo hold at Albert Dock…
Russia's Black Sea port of Tuapse resumed oil product exports last week after a two-week suspension following Ukrainian drone attacks, while the local oil refinery has restarted processing crude, according to two industry sources and LSEG data…
Saudi Global Ports Group (SGP) celebrated a landmark moment in Saudi Arabia’s logistics development with the official inauguration of the Terminal 2 Berth Expansion under SGP Container Terminals and the groundbreaking of the Dammam Integrated Logistics Zone at King Abdulaziz Port Dammam (KAPD)…
Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru unit, Fernando Fauche, said on Wednesday.The two-year project aims to increase the terminal's capacity to 24…
The Port of Savannah handled 4.8 million twenty-foot equivalent container units in calendar year 2025 through October, up 183,250 TEUs or 4 percent. Monthly volumes in October totaled 452,934 TEUs, a decrease of 8.4 percent or 41,325 TEUs compared to October 2024…
German navigation specialist Anschütz GmbH has founded a new subsidiary in the United States. Based in Bethesda, Maryland, Anschuetz USA Inc. aims to continue the successful tradition of “Anschütz of America” and optimize customer support for sales and service partners…
Advanced Polymer Coatings (APC) has signed its first deal with Oman’s national shipping company.The contract will see APC’s MarineLINE coating system applied to two chemical tankers being constructed for Asyad Shipping Company.It is APC’s first deal with majority state-owned Asyad Shipping Company…
The European Anti-Fraud Office (OLAF) led a large-scale joint customs operation, NOXIA II, successfully targeting shipments suspected of containing illicit cigarettes, waste, drug precursors, and pesticides.The operation led to the coordinated seizure by the participating customs authorities of 149…
