The United States has begun importing fuel oil of Iraqi origin shipped through Syria for the first time, according to shipping data and two sources familiar with the operations, as Iraq expands a Mediterranean export route established after disruptions to Gulf trade routes earlier this year.The alternative route is a further example of shippers seeking ways to move supplies around the world that circumnavigate the Strait of Hormuz…
For decades, cargo criminals followed a familiar playbook: steal consumer electronics, cigarettes, pharmaceuticals or luxury goods. These products were easy to fence and commanded healthy profits. But according to the latest BSI Consulting and TT Club 2025 Cargo Theft Report…
As part of its repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Bevan Greibesland as Chief Underwriting Officer, Specialty Lines, and Bruce Griffin as Chief Underwriting Officer, Long Tail Lines…
cruisePAL announced a restructuring of its senior leadership team. Effective immediately, Sankar Ragavan transitions from President & CEO to serve as President of cruisePAL, focusing on group-level strategy, investor relations, and the long-term vision of the platform…
Maria Psaltaki joined RightShip as its Chief Product Officer, replacing Marlon Grech who decided to conclude his tenure following four years of leading the evolution of RightShip's product and technology capabilities. Grech joined RightShip through the acquisition of Thynk Software in 2022…
Artificial intelligence and cloud-native technologies have moved from innovation projects to operational priorities for shipping companies, according to Fleetwork, following its participation in Posidonia 2026.The Greek maritime technology company…
As part of its strategic repositioning in the United States under the Xcelerate29 strategy, HDI Global (HDI) has appointed Justin Gress as Chief Operating Officer (COO) of its US business. The appointment complements the recently announced new leadership and organizational setup…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions; and IRH Global Trading Ltd. have signed a Memorandum of Understanding (MoU) to explore strategic cooperation in bunkering services and alternative marine fuels at Khalifa Port…
Heritage Capital Group, Inc., an investment banking and financial advisory firm serving middle-market and emerging growth companies in the U.S. and worldwide, has announced the appointment of former Georgia Ports Authority leader Jamie McCurry as an industry specialist in its Savannah office…
Activity along the Houston Ship Channel continues to strengthen America’s energy competitiveness and Port Houston’s public terminals record best monthly container volumes since last summer.Key TakeawaysStrong demand for U.S. energy products…
The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices and an uptick in demand from importers who are worried costs will only rise further as the conflict wears on…
'During April to May, Western Africa’s clean petroleum product (CPP) imports fell 44% year on year, from 1,144 thousand barrels per day (kbpd) to 642 kbpd,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The drop in import volumes cut tonne miles by 47% year on year…
Port Everglades generates approximately $48.3 billion in economic activity and supports nearly 300,000 jobs throughout Florida, according to a new study by maritime industry analyst Martin Associates. This year’s report captured energy related user impacts to match industry reporting standards…
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
As the maritime industry faces rising pressures, from workforce shortages to evolving safety expectations and the drive for long‑term sustainability, diversity has become an essential pillar of progress. This is especially true in the ongoing…
