Svanehoj, an ITT company, acquired Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specializing in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on October 1, 2025. In recent years, Svanehoj has expanded its position as a supplier of marine pumps, tank control systems, and related service solutions…
Xeneta, a leading ocean and air freight rate intelligence platform, has unveiled a new generation of in-platform products, marking the next chapter in the company’s mission to transform freight procurement through data, insights and AI.Presented…
ADNOC Logistics & Services (ADNOC L&S) and TA’ZIZ have signed a 50-year strategic agreement to establish United Arab Emirate’s first dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais, supporting the country’s industrialization and chemicals expansion goals…
When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect October 14, 2025, 35% of ships in the combined bulk, crude tanker, product tanker and container fleet…
Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion), its second highest on record, as exports both to the U.S. and the rest of the world fell, data showed on Tuesday.The August data had been expected to show a more permanent impact of U…
Repsol has strengthened their bunkering operations in Peru with the deployment of the Bunker Tanker Thomas B (20,000 DWT). In addition to the Bunker Tanker Adrian (16,000 DWT) already operating in the Port of Callao, Repsol has more than doubled its total operational capacity in Peru…
DP World has launched first dedicated reefer rail freight service from Thimmapur, Hyderabad to Nhava Sheva (JNPA), in collaboration with Ocean Network Express (ONE). This solution has enabled the first-ever refrigerated rail movement from DP World Thimmapur ICD to Nhava Sheva…
Hapag-Lloyd and DHL Global Forwarding have signed a three-year framework agreement for the purchase of Scope 3 greenhouse gas (GHG) emission reductions resulting from the use of sustainable marine fuels within Hapag-Lloyd’s fleet.As part of this agreement…
The Panama Canal Authority (ACP) has launched the concessionaire selection process for a natural gas pipeline project, holding its first market engagement event with more than 45 representatives from global energy companies.The 76-kilometre pipeline…
MELTRIC, an American manufacturer of switch-rated and standard-duty plugs and receptacles, announced the official launch of P66–a safe, high-powered, and highly durable electrical connection engineered for mobile electrification in harsh and demanding industrial environments…
Canada's trade deficit narrowed in July as overall exports rose, especially driven by outbound shipments of crude oil and passenger cars to its biggest trading partner the United States, Statistics Canada said on Thursday.Its merchandise trade deficit…
“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under the weight of increasing supply growth and weaker demand growth due to shorter sailing distances…
The UK’s Department for Transport has today published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, Ro-Ro and container shipping surge…
“During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024…
During the first seven months of 2025, Nigeria’s seaborne imports of clean petroleum products (CPP) declined by 39% compared to the same period in 2024, reaching 230 thousand barrels per day (kbpd). The decrease follows a 19% reduction during 2024…
