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, designed to strengthen client centricity and bring underwriting, claims and service teams closer to brokers and clients…
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…
The new UFC23 sensor combines improved resolution and offset stability with ultra-low standby current, enabling high-end battery-powered water, heat, gas and leak detection meter designs across a wide range of smart metering applications.ScioSense…
The Iran war is starting to shape China's imports of major commodities, with April data showing a sharp decline in crude oil but rising trade in metals.The headline-grabbing number from the figures released last week by customs was the slide in arrivals of crude oil…
A Ukrainian drone attack caused a major fire at a Russian oil refinery in the city of Tuapse on Tuesday, officials said, in what President Vladimir Putin described as evidence of increased Ukrainian attacks on civilian targets.It was the third attack on the Black Sea port in less than two weeks…
President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy costs linked to the war with Iran…
A fire at Russia's Black Sea port of Tuapse has been extinguished, local authorities said on Friday, days after it broke out following a Ukrainian drone attack on April 20.'The fire at the maritime terminal in Tuapse has been completely extinguished…
The U.S. military on Monday detailed the boundaries of its Strait of Hormuz blockade, saying it would extend east to the Gulf of Oman and Arabian Sea, while ship-tracking data showed two ships turned around in the strait as the blockade went into effect…
